TBB trades 19.7% below Wall Street's consensus target of $21.29.
Last 12 months price action with 12-month analyst target path
The base valuation assumes TBB achieves its forward estimates and maintains a stable P/E multiple of 7.8x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 24, 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 $17.78, this represents a potential upside of +19.7%. The company has a market capitalization of $109.17B.
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 5.8x and forward P/E of 7.8x. Analysts expect EPS to grow +19.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $27.02, with bear and bull scenarios of $17.02 and $35.61 respectively. Model confidence stands at 39/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 VZVerizon Communications Inc. | $186.5B | $44.66 | $47.83 | +7.1% | Hold | 8.9x | 61 |
 TAT&T Inc. | $143.4B | $20.93 | $26.39 | +26.1% | Hold | 8.8x | 62 |
 LUMNLumen Technologies, Inc. | $4.7B | $4.57 | $8.00 | +75.1% | Hold | — | 28 |
 TMUST-Mobile US, Inc. | $157.3B | $146.61 | $221.75 | +51.3% | Buy | 13.4x | 54 |
 CMCSAComcast Corporation | $80.5B | $22.69 | $26.95 | +18.8% | Buy | 6.5x | 61 |
 CHTRCharter Communications, Inc. | $14.6B | $108.61 | $162.90 | +50.0% | Buy | 2.7x | 56 |
 WBDWarner Bros. Discovery, Inc. | $77.6B | $30.95 | $31.00 | +0.2% | Hold | — | 32 |
 ERICTelefonaktiebolaget LM Ericsson (publ) | $35.1B | $10.66 | $9.00 | -15.6% | Hold | 1.7x | 40 |
 NOKNokia Oyj | $47.2B | $8.14 | $16.33 | +100.6% | Buy | 22.8x | 53 |
 CSCOCisco Systems, Inc. | $419.8B | $106.50 | $129.77 | +21.8% | Buy | 24.9x | 74 |
Quick answers to the most common questions about buying TBB stock.
AT&T Inc. 5.35% GLB NTS 66 (TBB) has a consensus 12-month price target of $21.29, implying 19.7% upside from $17.78. The 9 analysts covering TBB see moderate appreciation potential.
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 19.7% upside from current levels.
With a forward P/E of 7.7839x, TBB trades at a relatively low valuation. The consensus target of $21.29 implies 19.7% appreciation, suggesting meaningful undervaluation.
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 $36 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 $27, with bear/bull scenarios of $17/$36.
Our quantitative valuation model calculates TBB's fair value at $27 (base case), with a bear case of $17 and bull case of $36. 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 39/100.
TBB trades at a forward P/E ratio of 7.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 5.8x. 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 optimistic on TBB, with a "Hold" consensus rating and $21.29 price target (19.7% upside). 4 of 9 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.
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 $17-$36 range provides an independent fundamental perspective.
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