AT&T (T) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.65
- Estimate
- $0.60
- Surprise
- +7.8%
- Revenue (period 2026-09-30)
- $32.32B
- Score at report (before → after)
- 5.7 → 5.8/10
Revenue source: xbrl.
How the report landed
AT&T (T) beat the $0.60 estimate with adjusted EPS of $0.65 — a clear 7.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Sell at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates T Sell at 5.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +7.8% surprise compares with a +8.3% four-quarter average. Next scheduled report: 2027-01-27.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Concentration risk — Product: Communications segment (97.0%)
- Concentration risk — Product: wireless service (54.0%)
- Sector modifier (Communication Services): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.70
- Price target
- $24.95
- Stop
- $19.90
- Upside to target
- +20.5%
- Reward-to-risk
- 2.4:1
The stock trades at 11.0× trailing but 8.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
T at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Telecom Services
- Market cap
- $139.45B
- P/E (fwd)
- 8.0
- P/E (ttm)
- 11.0
- 52-week range
- $19.89–$29.44
- Off 52-week high
- 29.7%
- RSI (14)
- 28
- Volume vs avg
- 1.00×
- Score today
- 5.3/10