AT&T Inc.'s Stock Analysis

AT&T Stockholders Approve Key Plans and Amendments in 2026

On May 14, 2026, AT&T Inc. held its Annual Meeting of Stockholders, where stockholders approved the 2026 Incentive Plan and an amendment to the Stock Purchase and Deferral Plan. A majority of votes cast also ratified the appointment of Independent Auditors and approved an amendment to the Restated Certificate of Incorporation to exculpate certain officers from personal liability for breach of fiduciary duties. The meeting saw participation from stockholders representing approximately 77.34% of the company's outstanding shares.

Additionally, on May 15, 2026, AT&T filed a Certificate of Elimination to remove its Fixed Rate Reset Perpetual Preferred Securities, and a Restated Certificate of Incorporation to integrate various amendments and designations. While the proposals regarding the Incentive Plan and the Deferral Plan passed, certain stockholder proposals did not receive majority support and were defeated.

May 20, 2026 17:05:35

AT&T Completes Sale of $6 Billion in Global Notes

On April 30, 2026, AT&T Inc. completed the sale of $6 billion in aggregate principal amount of various Global Notes with maturities ranging from 2033 to 2066. The Notes include interest rates from 4.750% to 6.300% and were issued under an Underwriting Agreement with multiple financial institutions acting as underwriters. The issuance is part of AT&T's ongoing financing strategy and has been registered under the Securities Act of 1933.

The Notes were issued pursuant to an Indenture dated May 15, 2013, and the transaction is documented in a Registration Statement previously filed with the Securities and Exchange Commission. AT&T has filed a Current Report on Form 8-K to incorporate certain items into its Registration Statement, which includes the Underwriting Agreement and other related documents.

Apr 30, 2026 17:04:57

AT&T Reports First Quarter 2026 Financial Results and Metrics

AT&T reported first-quarter revenues of $31.5 billion, reflecting a 2.9% increase from the previous year, driven primarily by growth in Advanced Connectivity services. The company achieved a diluted earnings per share (EPS) of $0.54, down from $0.61 in the prior year, while adjusted EPS rose to $0.57 from $0.51. Operating income increased to $6.7 billion, with adjusted operating income at $6.9 billion. The company generated $7.6 billion in cash from operations but noted a decline in free cash flow to $2.5 billion from $3.1 billion year-over-year, attributed to higher capital investments for fiber deployment.

The company highlighted significant growth in its Advanced Connectivity segment, with service revenues up 3.6% year-over-year and operating income up 14.8%. AT&T added 584,000 advanced connectivity internet customers, including 292,000 in fiber and 292,000 in fixed wireless. The company also repurchased approximately $2.3 billion in common shares during the quarter. AT&T maintains its long-term financial guidance, expecting service revenue growth in the low-single-digit range and plans to return over $45 billion to shareholders through dividends and share repurchases from 2026 to 2028.

Apr 22, 2026 06:43:29

AT&T Completes CAD$2.25 Billion Notes Issuance for Investors

On March 12, 2026, AT&T Inc. finalized the sale of CAD$1.25 billion in 4.500% Global Notes due 2036 and CAD$1 billion in 5.250% Global Notes due 2056. This issuance was conducted under an Underwriting Agreement with several financial institutions acting as underwriters. The Notes were registered under the Securities Act of 1933 and are part of an Indenture established in 2013 with The Bank of New York Mellon Trust Company, N.A. as trustee.

The company filed a Current Report on Form 8-K to include certain items in its Registration Statement, which is relevant for compliance with the Securities Exchange Act of 1934. Additionally, the report includes exhibits such as the Underwriting Agreement and opinions regarding the validity of the Notes. This issuance could have implications for AT&T's financial strategy and investor interest.

Mar 12, 2026 16:05:23

AT&T Secures $29.5 Billion in New Credit Agreements

AT&T Inc. has entered into a $12 billion Revolving Credit Agreement and a $17.5 billion Delayed Draw Term Loan Credit Agreement, totaling $29.5 billion. The Revolving Credit Agreement, effective until November 3, 2030, allows for advances that will be used for general corporate purposes. The interest rates for advances will vary based on the company's senior unsecured long-term debt ratings, which are currently rated BBB by S&P, Baa2 by Moody’s, and BBB+ by Fitch. The applicable margin for benchmark rate advances is currently set at 0.920%.

The Term Loan consists of a $6 billion 364-day facility and an $11.5 billion two-year facility, both available for a single draw before November 3, 2026. Proceeds will also be used for general corporate purposes, potentially including spectrum acquisitions. Similar to the Revolving Credit Agreement, the interest rates for the Term Loan will depend on debt ratings, with specific margins outlined for both facilities. The company must maintain a net debt-to-EBITDA ratio of no more than 3.75 to 1, starting from the first fiscal quarter after the agreements are in place.

Nov 03, 2025 16:03:25

AT&T Reports Third Quarter 2025 Financial Results and Updates

AT&T announced its third-quarter results for 2025, reporting revenues of $30.7 billion and a diluted earnings per share (EPS) of $1.29, which includes a gain from the sale of its DIRECTV investment. The company added 405,000 postpaid phone customers, contributing to a 2.3% year-over-year increase in mobility service revenues. Operating income was $6.1 billion, with adjusted EBITDA at $11.9 billion. The company also reported free cash flow of $4.9 billion, consistent with the previous year, and repurchased $1.5 billion in common shares during the quarter.

In addition, AT&T announced significant acquisitions, including a $5.75 billion deal for Lumen’s fiber assets and a $23 billion purchase of wireless spectrum from EchoStar. These transactions are expected to close in early 2026 and are anticipated to have a long-term positive impact on the company’s financial metrics. AT&T reiterated its full-year guidance for 2025, expecting low-single-digit growth in consolidated service revenues and adjusted EBITDA growth of 3% or better. The company's total debt at the end of the quarter was $139.5 billion.

Oct 22, 2025 06:35:30

AT&T Elects New Director and Announces Retirement of Scott Ford

On August 15, 2025, AT&T's Board of Directors elected Kelly J. Grier as a Director, effective September 1, 2025. Ms. Grier will serve on the Corporate Development and Finance and Human Resources Committees and will participate in the compensation program for non-employee Directors. The Board has confirmed her independence according to New York Stock Exchange standards.

Scott T. Ford has communicated his intention to retire from his position as a Director, also effective September 1, 2025. This change in the Board's composition may impact the company's governance and strategic direction.

Aug 19, 2025 06:46:07

AT&T Reports Second Quarter 2025 Financial Results and Growth

AT&T reported second-quarter revenues of $30.8 billion for 2025, an increase of 3.5% compared to the previous year, driven by growth in mobility and consumer wireline revenues. The company achieved a diluted earnings per share (EPS) of $0.62, up from $0.49 a year ago, and net income of $4.9 billion, reflecting operational growth and improved performance in its fiber and wireless segments. Notably, AT&T added 401,000 postpaid phone subscribers and experienced an 18.9% increase in consumer fiber broadband revenues.

The company anticipates $6.5 to $8.0 billion in cash tax savings from the One Big Beautiful Bill Act, which will support investments in its fiber internet expansion and pension funding. AT&T aims to accelerate its fiber deployment to 4 million customer locations per year by the end of 2026, expecting to reach approximately 50 million locations by 2030. For 2025, AT&T forecasts consolidated service revenue growth in the low-single-digit range and free cash flow of $16 billion to $18 billion, alongside share repurchases totaling $4 billion.

Jul 23, 2025 06:36:30

AT&T Reports First-Quarter Results and Reiterates 2025 Guidance

AT&T Inc. has announced its first-quarter financial results, reporting revenues of $30.6 billion, which is a 2% increase compared to the same quarter last year. The company achieved a diluted earnings per share (EPS) of $0.61, up from $0.47 a year ago. AT&T added 324,000 postpaid phone subscribers and 261,000 fiber subscribers during the quarter. The company also highlighted its plans to initiate share repurchases in the second quarter of 2025, supported by a reduction in net debt, which stood at $119.1 billion at the end of the quarter.

Additionally, AT&T reiterated its financial and operational guidance for the full year 2025, expecting consolidated service revenue growth in the low-single-digit range and adjusted EBITDA growth of 3% or better. The company anticipates free cash flow of over $16 billion and adjusted EPS in the range of $1.97 to $2.07. AT&T is also on track to complete the sale of its 70% stake in DIRECTV to TPG by mid-2025.

Apr 23, 2025 06:34:04

AT&T Plans $40 Billion+ in Shareholder Returns by 2027

AT&T has announced a strategic plan aimed at expanding its fiber broadband network to over 50 million locations and enhancing shareholder returns through an anticipated $40 billion in dividends and share repurchases over the next three years. The company is focused on profitable growth in its 5G and fiber services, expecting to modernize its wireless network by 2027 and achieve significant revenue growth in its mobility and broadband segments. The plan includes a $10 billion share repurchase authorization expected to be completed by the end of 2026, as well as maintaining its current annualized common stock dividend of $1.11 per share.

However, AT&T also faces challenges, including a projected decline in Business Wireline EBITDA and the need to exit its legacy copper network operations by the end of 2029. While the company expects low-single-digit annual growth in service revenue and adjusted EBITDA growth of 3% or better from 2025 to 2027, these targets indicate a cautious outlook in certain areas. The anticipated financial performance is contingent on ongoing capital investments, which are projected to be around $22 billion annually through 2027, as the company works to achieve its net leverage target.

Dec 03, 2024 06:47:32