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Top Wall Street forecasters revamp AT&T expectations ahead of Q2 earnings

· · 2 min read
Top Wall Street Forecasters Revamp AT&T Expectations Ahead Of Q2 Earnings
Top Wall Street Forecasters Revamp AT&T Expectations Ahead Of Q2 Earnings

AT&T Inc. T will release its second quarter earnings report before the opening bell on Wednesday, July 22. Analysts expect the Dallas, Texas-based company to report quarterly earnings of 59 cents per share, up from 54 cents per share in the year-ago period. The consensus estimate for AT&T’s quarterly revenue is $31.82 billion. It reported $30.85 billion last year, according to Benzinga Pro. On July 7, AT&T, Ericsson and MediaTek completed North...

AT&T Inc. T will release its second quarter earnings report before the opening bell on Wednesday, July 22.

Analysts expect the Dallas, Texas-based company to report quarterly earnings of 59 cents per share, up from 54 cents per share in the year-ago period. The consensus estimate for AT&T’s quarterly revenue is $31.82 billion. It reported $30.85 billion last year, according to Benzinga Pro.

On July 7, AT&T, Ericsson and MediaTek completed North America’s first in-field trial of enhanced mobility features tied to Ericsson’s 5G Advanced Critical IoT subscription.

Shares of AT&T rose 1.4% to close at $22.26 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and cut the price target from $31 to $29.25 on July 15, 2026. This analyst has an accuracy rate of 54%.
  • Wells Fargo analyst Steven Cahall initiated coverage on the stock with an Underweight rating and a price target of $18 on July 8, 2026. This analyst has an accuracy rate of 65%.
  • Barclays analyst Kannan Ventakeshwar maintained the stock with an Equal-Weight rating and cut the price target from $26 to $24 on July 8, 2026. This analyst has an accuracy rate of 56%.
  • Morgan Stanley analyst Simon Flannery maintained the stock with an Overweight rating and slashed the price target from $30 to $25 on July 7, 2026. This analyst has an accuracy rate of 65%.
  • Oppenheimer analyst Timothy Horan downgraded the stock from Outperform to Perform on June 3, 2026. This analyst has an accuracy rate of 74%

Considering buying T stock? Here’s what analysts think:

Top Wall Street Forecasters Revamp AT&T Expectations Ahead Of Q2 Earnings

Photo via Shutterstock

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

This article Top Wall Street Forecasters Revamp AT&T Expectations Ahead Of Q2 Earnings originally appeared on Benzinga.com.

Tags: Money Business
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