Company Of The Day: AT&T

-4.52%
Downside
19.16
Market
18.29
Trefis
T: AT&T logo
T
AT&T

What?

AT&T (NYSE:T) indicated that its wireless subscriber growth could slow next year after it saw a relatively solid 2021, driven by attractive smartphone offers and higher consumer spending.

So What?

Relevant Articles
  1. Here’s What To Expect From AT&T’s Q2 Earnings
  2. How Will An Expanding Postpaid Phone Business Drive AT&T Stock’s Q1 Results?
  3. Down 50% From 2021, We Think There’s Upside For AT&T Stock
  4. Will AT&T Stock See Gains Post Q2 Results?
  5. At $15, AT&T Stock Appears Oversold
  6. AT&T Stock Held Up In A Tough Market. What Does 2023 Hold?

AT&T stock declined by over 4% to around $23 per share following the news, approaching 12-year lows. However, we think the stock is oversold at current levels. We value AT&T at about $30 per share, about 30% over the market price.

See Our Complete Analysis For AT&T

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