Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, AT&T Inc. 5.35% GLB NTS 66 (TBB) has a Wall Street consensus price target of $21.29, based on estimates from 9 covering analysts. With the stock currently trading at $22.69, this represents a potential downside of -6.2%. The company has a market capitalization of $139.31B.
Analyst price targets range from a low of $17.00 to a high of $24.00, representing a 33% spread in expectations. The median target of $22.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, TBB trades at a trailing P/E of 7.5x and forward P/E of 9.9x. Analysts expect EPS to grow -25.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $22.53, with bear and bull scenarios of $-1.37 and $28.10 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.
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Start ComparisonWall Street's consensus price target for TBB is $21.29, -6.2% from its current price of $22.69. The below-market target from 9 analysts suggests limited near-term appreciation.
TBB has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $21.29 implies -6.2% downside from current levels.
With a forward P/E of 9.9335x, TBB trades at a relatively low valuation. The consensus target of $21.29 implies -6.2% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $24 for TBB, while the most conservative target is $17. The consensus of $21.29 represents the median expectation. Our quantitative valuation model projects a bull case target of $28 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TBB is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TBB stock forecast based on 9 Wall Street analysts shows a consensus price target of $21.29, with estimates ranging from $17 (bear case) to $24 (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 $-1/$28.
Our quantitative valuation model calculates TBB's fair value at $23 (base case), with a bear case of $-1 and bull case of $28. 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 42/100.
TBB trades at a forward P/E ratio of 9.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 7.5x. 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.
Analysts are cautious on TBB, with 0 Sell ratings and a price target of $21.29 (-6.2% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.
TBB analyst price targets range from $17 to $24, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $21.29 consensus represents the middle ground. Our model's $-1-$28 range provides an independent fundamental perspective.