AT&T (T) Stock Drops Despite Market Gains: Important Facts to Note

AT&T (T) closed at $24.34 in the latest trading session, marking a -1.5% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.62% for the day. Meanwhile, the Dow gained 0.99%, and the Nasdaq, a tech-heavy index, added 0.65%. Heading into today, shares of the telecommunications company had lost 0.52% over the past month, outpacing the Computer and Technology sector's loss of 1.47% and lagging the S&P 500's gain of 0.59%.Investors will be eagerly watching for the performance of AT&T in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on January 28, 2026. On that day, AT&T is projected to report earnings of $0.47 per share, which would represent a year-over-year decline of 12.96%. Meanwhile, our latest consensus estimate is calling for revenue of $32.75 billion, up 1.4% from the prior-year quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.06 per share and a revenue of $124.95 billion, indicating changes of -8.85% and 0%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for AT&T. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.58% increase. At present, AT&T boasts a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that AT&T has a Forward P/E ratio of 10.97 right now. This expresses a discount compared to the average Forward P/E of 16.75 of its industry. It's also important to note that T currently trades at a PEG ratio of 1.32. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Wireless National industry had an average PEG ratio of 2.41 as trading concluded yesterday. The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 110, placing it within the top 45% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Just Released: Zacks Top 10 Stocks for 2026Hurry – you can still get in early on our 10 top tickers for 2026. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful.From inception in 2012 through November, 2025, the Zacks Top 10 Stocks gained +2,530.8%, more than QUADRUPLING the S&P 500’s +570.3%.Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2026. You can still be among the first to see these just-released stocks with enormous potential.See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AT&T Inc. (T): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks