AT&T (Т) Stock Forecast & Price Predictions for 2024, 2025, 2026-2030 and Beyond | LiteFinance (2024)

AT&T's share price has languished over the past few years as the telecom giant struggles to reignite its cap growth. With the stock down nearly 60% from its 2016 highs, investors are searching for signs AT&T may recover its previous positions amid the development of opportunities in 5G, fiber broadband, and HBO Max streaming services. On the other hand, the company's competitive and debt pressures will likely persist.

This article will review AT&T's historical trends, current performance, and business development plans to help you determine whether it's worth investing in its stocks.

Highlights and Key Points: AT&T Stock Forecast 2024-2030

• The AT&T stock price for today, 19.09.2024 is $21.73.
• Most analysts predict AT&T stock will trade between $17 and $29 through 2024 as competitive pressures persist.
• Gov Capital forecasts AT&T stock will reach $33 by mid-2025, driven by the expansion of 5G networks, investments in fiber optic technology, growth in HBO Max audience, and debt reduction. The price is expected to be around $28-$29 by year-end.
• CoinPriceForecast also predicts AT&T's growth. In 2025, the #T rate will be between $19 and $21 per share.
• Long-term projections suggest the stock price could reach $64 or fall below $3.
• Key upside catalysts are 5G and fiber investments, HBO Max subscriber growth, wireless pricing power, and moderating capital expenditures.
• Risks include T-Mobile/Verizon competition, high debt obligations, and possible cord-cutting acceleration.

AT&T Stock Price Today Coming Days and Week

When forecasting AT&T's stock price in the near term, closely monitor the company's financial performance, particularly upcoming earnings reports and any changes in dividends. Regulatory changes and competitive dynamics in the telecommunications sector also play a crucial role. Global economic conditions and market sentiment, influenced by broader economic indicators, can impact investor behavior. Technical analysis, including trend lines and RSI, will help gauge market sentiment and identify potential price movements. Paying attention to these factors will provide insights into AT&T's stock price trajectory in the coming days and weeks.

AT&T Stock Projections for 2024: Analysts’ Recommendations

As we venture into 2024, the financial landscape for AT&T stock is marked by a blend of cautious optimism and analytical scrutiny. Drawing from a spectrum of expert analyses, AT&T's stock will see mixed performance.

Given its status in the contemporary digital wave, the AT&T stock is popular with investors. The spectrum of forecasts for AT&T's stock price in 2024 mirrors a blend of optimism spurred by strategic ventures into 5G, fiber optics, and the entertainment sphere with HBO Max, juxtaposed against the shadows cast by competitive rivalry, cord-cutting trends, and the behemoth of debt load.

TipRanks

Price range for 2024: $18.00 - $29.00 (as of May 17, 2024)

TipRanks predicts that AT&T stock will fluctuate between $21.05 and $29, with the lowest expected price of $18. This analysis suggests that the company may soon experience growth and decline phases. The minimum expected price of $18 may indicate possible challenges or temporary instabilities that could affect the stock.

StockAnalysis

Price range for 2024: $17.00 - $29.00 (as of May 17, 2024)

The consensus forecast by ten analysts at Stockanalysis.com suggests the average 12-month price of AT&T stock will be $20.38, with a projected growth of 18.70%. The range of forecasts varies significantly, from $17 to $29, reflecting analysts' differing views on the company's future. The consensus "Buy" rating emphasizes the general expectation of solid market performance and AT&T's potential to outperform the market, indicating an optimistic outlook for the company's stock.

WalletInvestor

Price range for 2024: $13.60 - $16.25 (as of May 17, 2024)

WalletInvestor believes the AT&T stock will likely trade in the $13.60 to $16.25 range through 2024. The price is expected to fall significantly until the end of autumn, with a slight price correction in December.

CoinPriceForecast

Price range for 2024: $17.4 - $17.66 (as of May 17, 2024)

According to CoinPriceForecast's latest long-term forecast, AT&T stock is expected to reach a mid-year price of $17.40 and rise to $17.66 by the end of the year. The main drivers in the price rise are the continued expansion of their 5G and fiber optic networks, ultra high speed and ultra low latency, increasing demand for high-speed broadband Internet access, and growing uptake of HBO Max streaming.

GOV Capital

Price range for 2024: $14.51 - $22.93 (as of May 17, 2024)

Based on GovCapital's report, the AT&T stock price is expected to drop to $17.31 by year-end. This data indicates a downtrend in AT&T's stock price throughout the year.

AT&T (T) Stock Technical Analysis

To successfully trade #T stock, it is important to consider different time frames and choose the appropriate analysis tools. If your trading style implies short-term positions, 1-hour and 4-hour charts best suit you. Investors who prefer long-term plans should analyze daily and weekly data to observe clearer trends and overall price dynamics.

Moving averages (MA), oscillators, and pivot points are the main technical analysis tools often used when exploring AT&T stock trends. EMAs and SMAs help identify the current trend and potential support/resistance levels. Oscillators, such as RSI and MACD, provide information on an asset's overbought/oversold zones, helping make better-informed decisions. Pivot points are used to determine potential price reversal levels.

Remember to combine technical and fundamental analyses and consider risk assessment to make well-informed investment decisions.

#T Stock Forecast For Next Three Months

To make a three-month forecast for #T stock price, we need to analyze its charts in-depth, focusing on the monthly time frame (MN). This analysis method will help us identify long-term trends and patterns of price movement, which will be the foundation for our forecast.

As we can see, the company's trading range has been consistent over the last three decades, varying from 15.60 to 43.17. This time range has become a reference point for investors, providing them with stability and an understanding of price movement trends. We are currently on the lower boundary of the range, which is an important support level.

Moreover, we are witnessing a solid retracement from this boundary, indicating the strength of the market and the recovery of long-term price dynamics. The periods when the price successfully rebounds from support are usually forerunners of future growth. Thus, we can expect the stock to increase in value.

Now, let's consider a shorter-term scenario for three months. The chart shows that the price has retraced from our support level and formed a sustained upward channel. The stock has unsuccessfully tried to exit it several times on increased volumes. Also, the SMA indicator is below the price level, confirming the uptrend.

Long-Term AT&T Shares Technical Analysis for 2024

To perform a long-term analysis of AT&T stock, we will start by looking at the daily time frame (D1). This approach will allow us to take a closer look at long-term trends and changes in price movement.

For in-depth analysis, we will use indicators such as RSI and MACD. These tools will help us identify overbought or oversold levels and potential trend reversal points.

As we can see, the RSI value is set at 59.57 following a reversal from the indicator's lower boundary. This signals that sellers are exhausted enough for buyers to regain control. Both lines of the MACD indicator are headed upward after exiting the negative zone.

Our long-term targets are 19.08, 21.17, and 22.98 — the key points we refer to while conducting this analysis and trading.

However, we may encounter small price corrections if relevant news is released. With this in mind, we will analyze current developments and news to adapt our strategies and forecasts to market dynamics.

Long-term trading plan for AT&T Inc. (#T)

Our long-term trading plan for AT&T is designed based on short-term and long-term criteria.

It's recommended that short-term investors open long positions at $16 and higher. A stop loss should be set at $15.50, and a take profit — at $20. These parameters help minimize potential losses and maximize possible returns in the short term.

For long-term investors, the market price is an excellent market entry point. Additional longs can be opened each time the price drops by $0.60. The long-term profit target is set at $32, reflecting expectations for long-term growth in the stock price. A stop loss should be set at $12, providing a hedge against significant losses in the long term.

This trading approach allows us to manage risks effectively and develop investment strategies that meet short-term and long-term goals.

AT&T Stock Forecast for 2025

Let's explore the main forecasts for the #T rate to gain a general understanding of AT&T stock's prospects in 2025.

CoinPriceForecast

Price range: $18.94 - $21.13 (as of May 17, 2024)

CoinPriceForecast's analysts predict that in 2025, the #T rate will range from $18.94 in mid-year to about $21.13 by the end of the year. The forecast anticipates a dynamic market response for AT&T, influenced by various economic and industry-specific factors. This implies that investors should expect variability in stock performance, aligning with typical market uncertainties and the evolving telecommunications landscape.

WalletInvestor

Price range for 2025: $9.414 - $14.330 (as of May 17, 2024)

WalletInvestor’s forecast promises a generally bearish 2025 for #T stocks. The downward trend, kicking off in January with an opening of $14.306, will maintain throughout the year with small attempts to correct in spring and winter. The outlook doesn’t seem promising for AT&T.

GOV Capital

Price range for 2025: $14,19 - $32,75 (as of May 17, 2024)

After a slight decline at the end of 2024, experts at GovCapital predict that AT&T stock will rise in value by 2025. Analysts predict an explosion by June 2025, with prices reaching $32,75. The #T rate for mid-2025 then will roll back to $30.30 and finish the year at $25.06.

Long-Term AT&T Stock Forecast for 2026 and Beyond

AT&T is a significant player in the telecommunications sector and appears well-positioned to capitalize on new technology markets. The company's diversification and innovation strategy allows it to manage market fluctuations effectively. Its core services include mobile communications, the internet, TV, and digital content. Active investments in 5G, IoT, and artificial intelligence provide the company with a competitive advantage, while strategic partnerships and acquisitions expand its capabilities.

AT&T remains a leading player, overcoming challenges and embracing opportunities in the emerging technology market.

CoinPriceForecast

AT&T's stock price is expected to increase significantly in the next five years, starting at $21.13 and reaching $37.29. In 2026, the price will start at $21.13 and gradually increase to $22.28, a rise of 35% of today's value. This confirms a steady upward trend according to the long-term AT&T stock price forecast provided by CoinPriceForecast.

GOV Capital

GovCapital's experts have conducted an analysis that indicates a positive trend in AT&T's stock price from 2026 to 2028. According to their forecast, the stock price is expected to increase to approximately $62.36 by 2029. This prediction may be important to investors and those who follow the stock market.

WalletInvestor

Analysts at WalletInvestor predict a rapid decline within the range of two years. Lowest point of $6,89 in 2026 will be more than twice as lower in 2027 and the downtrend will continue. This outlook doesn’t promise much for those willing to invest in #T.

AT&T’s Historical Price Fluctuations: Timeline

The financial performance of AT&T, a major telecommunications company, is complex, with its share of ups and downs, shaped by its company's choices and the broader market environment. A stroll down memory lane of AT&T’s stock reveals how past events have shaped its financial contour, laying the groundwork for future projections.

In 2016, AT&T's stock had a turbulent year, seeing a significant drop in October after the company announced plans to buy Time Warner. However, after the initial shock, the stock recovered by the end of the year, helped by the effective merger with DirecTV, which led to notable profits in that area of their business.

The subsequent year, 2017, saw AT&T grappling with fierce competition as Sprint Corp endeavored to ally with Comcast Corporation and Charter Communications, Inc. The proposed alliance posed a formidable competitive landscape, while challenges in the wireless services sector further tightened the noose around AT&T’s financial performance, leaving the stock price hovering near $40 by year-end.

In 2018, AT&T's stock price fell by 17.4% in the year's first half. This drop reflected the market's response to disappointing quarterly earnings, the Department of Justice's antitrust lawsuit over the Time Warner merger, and doubts about the merger's future success. Even though the court approved the merger without requiring AT&T to sell any assets, the stock price kept falling, partly due to the loss of 359,000 DirecTV customers in the third quarter.

The dawn of 2019 brought a silver lining as AT&T rekindled investor confidence by vowing to steer clear of new acquisitions and jettison unprofitable non-core ventures. This strategic pivot and its standing as a favored dividend stock saw the firm claw back to a $40 stock price.

As AT&T neared a potential new zenith, the onslaught of the COVID-19 pandemic in 2020 capsized its financial boat, plunging the stock rate near $26 by March 23. The ensuing period through the first half of 2021 saw the stock meandering within the $27-$32 range, reflecting the overarching market uncertainties and AT&T’s corporate debt narrative.

The history of AT&T's stock price changes is not just a record of what has happened; it also helps predict its future financial performance. Knowing the past is critical to managing the future, so AT&T's stock history is significant for making long-term economic predictions.

Key Factors That Affect AT&T Stock Price in 2024 & Beyond

Several factors could significantly impact AT&T's stock price in the upcoming years. One primary consideration is AT&T's Free Cash Flow (FCF), which reflects the company's capacity to sustain its dividend.

Additionally, AT&T's commanding position in the US telecom sector, boasting a 46% market share in wireless subscriptions, contributes to its stock's appeal. However, a massive debt load remains a concern, with efforts underway to reduce it by allocating a portion of FCF towards debt reduction, aiming for a specific net debt-to-adjusted EBITDA ratio by 2025​​.

Is It Good to Invest in AT&T?

The telecommunications giant has had a historical knack for maintaining a robust dividend payout, often seen as a lucrative prospect for income-oriented investors. The firm’s strategic diversification into domains like 5G, fiber, and HBO Max showcases its adaptive stride toward evolving market dynamics. Moreover, the steady effort to pare down its substantial debt showcases a responsible fiscal approach.

However, despite reduction efforts, the hefty debt load and the competitive pressure in the telecom sector are concerning factors.

The historical financial entanglements from past acquisitions like DirecTV and Time Warner also cast a long shadow, making it imperative for potential investors to tread cautiously.

The forecasts for 2024 suggest a fluctuating stock price, with potential stabilizing factors from strategic advancements. Long-term projections vary, with some analysts predicting a consistent upward trend while others foresee a gradual decline. In conclusion, investors are advised to weigh these insights against inherent market risks when making investment decisions.

Price chart of T in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.