33.2% Below Target

The consensus Wall Street price target for T is $29.32, representing 33.2% upside from the current price of $22.01. With 62 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

T has a consensus rating of "Hold" based on 62 Wall Street analysts. The rating breakdown is mixed, with 31 Hold ratings making up the largest segment. The consensus 12-month price target of $29.32 implies 33.2% upside from current levels.

With a forward P/E of 9.5343x, T trades at a relatively low valuation. The consensus target of $29.32 implies 33.2% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $33 for T, while the most conservative target is $26. The consensus of $29.32 represents the median expectation. Our quantitative valuation model projects a bull case target of $30 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

T is heavily covered by Wall Street, with 62 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 25 have Buy ratings, 31 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month T stock forecast based on 62 Wall Street analysts shows a consensus price target of $29.32, with estimates ranging from $26 (bear case) to $33 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $23, with bear/bull scenarios of $14/$30.

Our quantitative valuation model calculates T's fair value at $23 (base case), with a bear case of $14 and bull case of $30. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.

T trades at a forward P/E ratio of 9.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 7.2x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on T, with a "Hold" consensus rating and $29.32 price target (33.2% upside). 26 of 62 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

T analyst price targets range from $26 to $33, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $29.32 consensus represents the middle ground. Our model's $14-$30 range provides an independent fundamental perspective.