5d agoBarchartBULLISH 61Analyst
Wolfe Research Just Upgraded AT&T Stock. Here's Why.
Wolfe Research says AT&T stock is worth buying after Q2 earnings. Analyst Peter Supino explained his bullish view on T shares in a research note.
Archived explainer. For the current picture see today's T page.
Why Is AT&T INC (T) Stock Up Today?
By the Top Tier Newswire AI Desk · July 24, 2026 at 10:27 AM ET · reviewed against 20 wire stories
AT&T INC (T) is up +2.83% in the latest session. Our newswire has captured 20 stories on T across 12 sources in the last 36 hours, with AI sentiment reading bullish (avg 59/100).
AT&T Inc stock rose 2.83 percent to $23.61 in morning trading on Thursday driven by a recent upgrade from Wolfe Research and positive sentiment around the company's earnings performance and fundamentals. Analyst Peter Supino cited improving wireless momentum and fiber growth as key factors in the upgrade. The stock's intraday high of $23.67 was reached at 10:25 AM ET as the market digested these developments.
What Happened
Wolfe Research upgraded AT&T stock following its second-quarter earnings report. Analyst Peter Supino highlighted the company's stronger wireless performance and fiber expansion as reasons for the upgrade. The stock has also benefited from a broader shift in investor sentiment toward communication services stocks as Q2 earnings season progresses. Recent reports have emphasized AT&T's resilience in the face of competitive threats such as SpaceX's Starlink service, with analysts noting that the company's subscriber growth and financial performance have eased concerns about long-term disruptions. The stock's move higher came as it opened at $22.94 and climbed steadily through the session.
What The Data Shows
The stock has gained 7.5 percent over the last eight sessions, rising from $21.34 to $22.94. It is currently trading within its 52-week range of $19.89 to $29.79. The company's fundamentals remain strong with a P/E ratio of 7.5, revenue growth of 2.6 percent trailing twelve months, and a net margin of 16.9 percent. AT&T's dividend yield of 4.82 percent also continues to attract income-focused investors. The stock's beta of 0.42 suggests it is less volatile than the broader market. Trading volume so far in the session is 12.4 million shares, which is 0.2 times the 3-month daily average. Congressional activity has also been notable with three recent buys by members of Congress, including a purchase of $50,001 to $100,000 by Tim Moore.
What To Watch
Investors should monitor AT&T's upcoming earnings report for further insight into the company's performance. The stock's current trajectory and coverage breadth suggest continued interest in the sector as the Q2 earnings season unfolds.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
T by the numbers
Last: $23.61Session: +2.83%7 sessions: +12.60%Coverage: 20 stories / 12 sourcesAI sentiment: 59/100 (bullish)Mkt cap: $160.1BP/E: 7.552w: $19.89 to $29.79
The headlines behind the move
5d agoInvesting.com MarketsNEUTRAL 53Earnings
AT&T, Verizon and T-Mobile compared after a week of diverging earnings
AT&T, Verizon and T-Mobile compared after a week of diverging earnings
5d agoSeeking AlphaBULLISH 57Earnings
Ten overbought communication services stocks to watch this Q2 earnings season
Communication services stocks heat up in Q2 earnings: check RSI readings for EA, CNK, T, Roku & more, plus XLC/VOX ETFs.
6d agoMorningstarBULLISH 58General
AT&T won't need to worry about SpaceX for 'years,' analyst says
AT&T's postpaid-phone churn for the quarter dropped just a single basis point compared to a year earlier, despite price hikes. The subscriber net adds across divisions, combined with fewer device upgrades, showed that the company's plan to sell both internet and mobile service to customers is working, Supino said.
6d agoMarketWatchNEUTRAL 54General
AT&T won’t need to worry about SpaceX for ‘years,’ analyst says
However, that doesn’t mean Starlink won’t be an overhang on wireless stocks.
6d agoSeeking AlphaBULLISH 63Analyst
AT&T: Bull Trap Over; Inflation Beating Dividends With Renewed Growth Opportunities
Explore AT&T’s fiber/5G growth, margin gains, ECHO deal leverage, strong FCF and 4.99% dividend—plus Q2’26 selloff upside.
6d agoBarron'sBULLISH 58Analyst
AT&T Stock Gets Upgraded. SpaceX Worries Are Overblown.
AT&T stock is winning plaudits on Wall Street after the wireless carrier’s earnings report helped ease some worries about the threat SpaceX poses to its core business.
6d agoSeeking AlphaBULLISH 63Analyst
AT&T upgraded by Wolfe Research as improving fundamentals outweigh competitive risks
AT&T stock upgraded by Wolfe: stronger wireless momentum, fiber growth and EPS outlook.
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More on T: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier T move explainers: 2026-07-29 · 2026-07-28 · 2026-07-27 · 2026-07-24 · 2026-07-23 · 2026-07-22 · 2026-07-21 · 2026-07-20 · 2026-07-17 · 2026-07-16 · 2026-07-13