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Price Target for AT&T (T)

Interactive scenarios for AT&T (T) at about $21.04. Default base case lands near $14.88 in 5 years from a 10% decline and a 9× exit P/E — about a 6.7% annual decline.

Near 5-year median
Analysis

Stock price

$21.04

TTM EPS

$2.97

P/E (TTM)

8.17

Net debt

$155.8B

Beta

0.42

Valuation context

How today's valuation compares to its own 5-year history.

P/E vs 5Y median

Where today's P/E sits versus its trailing five-year median.

-4.1%
Fair value
DiscountFair valuePremiumStretched
−50%at median+50%

T's P/E sits within ±10% of its trailing 5-year median — broadly in line with its own history.

Breakdown5Y low · median · 5Y highToday
P/E
6.78.515.5
8.2
P/S
1.01.11.4
1.4
EV/EBITDA
5.86.113.4
6.1
EPS 5Y
5Y CAGR+8.2%
PEG7.11(demanding vs growth)

Scenario calculator

Enter EPS growth and exit P/E per scenario. The chart starts at the current share price (Now) and transitions the P/E from today's trailing multiple toward your Exit P/E over the horizon. Same live price and TTM EPS as the rest of the page.

Whole number from 1 to 10 years.
bear
Percent per year from negative thirty to fifty. Use a period or comma as the decimal separator.
Exit price-to-earnings multiple, whole number from 5 to 80.
base
Percent per year from negative thirty to fifty. Use a period or comma as the decimal separator.
Exit price-to-earnings multiple, whole number from 5 to 80.
bull
Percent per year from negative thirty to fifty. Use a period or comma as the decimal separator.
Exit price-to-earnings multiple, whole number from 5 to 80.

Base case: with about a 10% decline per year and a 9× exit multiple over 5 years, the model lands T near $14.88 — an implied about a 6.7% annual decline.

Your base case implies a $22.75 12-month target. Save it to join the community consensus.

Implied price path (by year)

Paths start at $21.04 (Now); the P/E transitions from today's trailing multiple toward Exit P/E by the horizon year.

At horizon (2031)

  • Bear$12.11
  • Base$14.88
  • Bull$29.28

Sensitivity (base case)

Sensitivity grid — sweeps EPS growth and exit P/E around your base inputs. Simple mode only; bear, bull, and Advanced (revenue) paths are not included.

Implied share price at the horizon for each combination: EPS growth in the rows, exit P/E in the columns; other settings stay fixed.

Row axis: EPS growth. Column axis: exit P/E.Exit P/E →↓ EPS growth1×4×9×14×19×
-20%$1$3$8$13$18
-15%$1$5$11$18$24
-10%$2$6$15$24$32
-5%$2$8$20$31$42
-0%$3$10$25$40$55
LegendGreen: >10% above today's priceAmber: within ±10%Red: >10% below today's price

Shade depth: darker fill within the same color band means a higher implied price in that cell (across the grid).

Annual diluted EPS

GAAP diluted EPS by fiscal year — use as context for growth assumptions above, not a forecast. Across 14 fiscal years, diluted EPS went from about $1.25 in 2012 to about $3.04 in 2025.

Scale: -1.13 to 4.76 EPS; horizontal line at 0. Fiscal years with no row in the database are omitted.

Diluted EPS year-over-year change

Percent change vs the previous fiscal year. If a fiscal year is missing, the comparison is to the prior available year. Year-over-year EPS change in this window ranged from a high of +173.6% to a low of -141.4%.

Your EPS growth vs next-year analyst consensus

Same basis for every column: one-step implied EPS growth (next-year average estimate vs TTM). Consensus uses 14 EPS estimates. Δ (pts) is your growth minus consensus in percentage points, not "percent of consensus."

AT&T (T) Key Financials

Charts, filings, and peer comparison for every metric

Operations

This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.

Community price target

Where T forecasters and Wall Street see the stock 12 months out. The community figure is the median saved base-case target across members, shown once at least 5 members have saved one.

Community 12-month—Appears at 5+ saved targets
Wall Street$27.80analyst consensus target
Current price$21.04latest market price

Relative valuation

How T trades versus its Communication Services peers and its own history. Lower multiples are cheaper; the band marks where each multiple sits between its 5-year low (left) and high (right).

Cheap
  • P/E (TTM)9.5×
    Cheap
  • EV/EBITDA6.6×
    Cheap
  • P/S (TTM)1.6×
    Cheap

Peers in the Communication Services sector

Compare T against its Communication Services peers on the three core multiples. Lower is cheaper; tap a column to rank the peer set. Open any peer's price target page for its full scenario breakdown. Filtered to active common stock, excluding ETFs and funds.

About the T price target calculator

The T price target calculator projects a future share price by compounding trailing twelve-month earnings per share at an assumed growth rate and applying an exit P/E multiple at the end of the horizon. The stock currently trades at about $21.04, a P/E of roughly 8.2× on TTM EPS of $2.97.

14 analysts cover T for the next fiscal year, with EPS estimates ranging from $2.29 to $2.35 and a consensus average of $2.32. Versus the latest TTM EPS of about $2.97, that consensus implies roughly a 22.1% decline next year. That sits a notable shift from the trailing 5-year EPS history of 8.2% growth per year — one useful sanity check on whether consensus is anchored to history or expecting a regime change.

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