AT&T Inc.'s Stock Analysis

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

AT&T Reports Strong Customer Growth and Financial Stability

AT&T's second-quarter results show solid growth in 5G and fiber customers, with revenues of $29.8 billion and a net income of $3.9 billion. The company added 419,000 postpaid phone subscribers and 239,000 fiber customers. Despite a slight decline in overall revenues year-over-year, management remains optimistic, reiterating its full-year financial guidance and emphasizing a successful investment strategy. However, operating income and cash from operations saw declines, raising some concerns about future performance.

Jul 24, 2024 06:37:31

AT&T Reports Strong First-Quarter Results Fueled by 5G and Fiber Growth

AT&T's first-quarter results show increased cash flow, strong revenue growth in Mobility and Consumer Wireline services, and a record-low churn rate. The company's investment strategy drives profitability, with free cash flow up by over $2 billion year over year. Reaffirming full-year financial guidance, AT&T expects growth in wireless and broadband revenues, adjusted EBITDA, and free cash flow. Despite a slight revenue decrease, the company's operating income remains stable. AT&T continues to invest in 5G and fiber, aiming for net debt reduction and improved financial performance.

Apr 24, 2024 06:35:58

AT&T Inc. First Quarter 2024 Financial Performance

AT&T Inc. reports a slight increase in service revenues but a decrease in equipment revenues. Operating income declined by 2.6%. Net income attributable to common stock dropped by 18.7%. The company's total assets decreased, while liabilities remained stable. Cash flow from operating activities increased, but financing activities led to a net cash decrease. The Communications segment experienced mixed results: Mobility revenue increased, while Business Wireline revenue declined significantly.

Apr 24, 2024 06:25:51

AT&T Reports Strong 2023 Results, Driven by 5G and Fiber Growth

AT&T delivered strong fourth-quarter and full-year results, with increased cash from operations and free cash flow driven by profitable 5G and AT&T Fiber subscriber gains. The company surpassed its full-year guidance for adjusted EBITDA, mobility service, and broadband revenue growth. AT&T's multi-year investment strategy led to sustainable growth, strong operating income, and margin support. The company expects continued growth in wireless service and broadband revenue, adjusted EBITDA, and free cash flow for 2024, with an outlook for EPS growth in 2025.

Jan 24, 2024 06:37:11