AT&T stock holds above USD 25 as BNP Paribas raises target
Published on 09/23/2026 at 12:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AT&T Inc. (ISIN US00206R1023) closed at USD 25.45 on the NYSE on September 21, 2026, up 0.2 percent, after BNP Paribas Exane raised its price target from USD 26 to USD 30. The upgrade gives the stock a clear catalyst, while the latest quarterly figures show earnings strength alongside a revenue miss.
BNP Paribas lifts target to USD 30
According to Investing.com on September 21, 2026, BNP Paribas Exane upgraded AT&T from Neutral to Outperform and lifted its target from USD 26 to USD 30. The bank also raised its forecast for postpaid phone average revenue per user growth to a 1.1 percent compound annual growth rate from 0.2 percent.
The target change is a USD 4 increase, or 15.38 percent, from the former target. Against the USD 25.41 reference price cited in the upgrade report, the revised target implied 18.08 percent upside at that time, although a price target remains an analyst estimate rather than a guaranteed outcome.
EPS beat contrasts with revenue miss
AT&T reported adjusted second-quarter 2026 earnings per share of USD 0.65, ahead of the USD 0.59 consensus estimate, according to Investing.com on September 21, 2026. The USD 0.06 beat amounted to a 10.17 percent earnings surprise.
Revenue for the same quarter was USD 31.6 billion, below the USD 31.8 billion Wall Street forecast by USD 0.2 billion. This split matters: the earnings beat supports the upgrade, but the top-line miss leaves revenue growth as a test for the next report.
Next report arrives October 21
AT&T traded between USD 25.32 and USD 25.80 on September 21, 2026, with volume of 35,282,901 shares. According to Zacks cited in the report, the next earnings release is scheduled for October 21, 2026, with a consensus estimate of USD 0.62 EPS for the quarter ending September 2026.
AT&T stock therefore enters the next reporting checkpoint with three concrete reference points: a USD 30 analyst target, second-quarter EPS of USD 0.65 against USD 0.59 expected, and quarterly revenue of USD 31.6 billion against USD 31.8 billion forecast.
Stock closes at USD 25.45
AT&T stock closed at USD 25.45 on the NYSE on September 21, 2026, up 0.2 percent. The next dated company earnings checkpoint is October 21, 2026.
AT&T Inc. stock facts
- Company: AT&T Inc.
- ISIN: US00206R1023
- Ticker: T
- Trading venue: NYSE
- Price as of September 21, 2026: USD 25.45
- Sector / Industry: Communication Services / Integrated Telecommunication Services
- Next earnings date: October 21, 2026
