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AT&T raises 2026 earnings forecast as fiber and wireless customer growth accelerates.

Company Fundamentals
21 Oct 2026
Proactive Investors
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Bullish
AT&T raises 2026 earnings forecast as fiber and wireless customer growth accelerates.

AT&T has increased its adjusted earnings forecast for 2026 following strong growth in fiber broadband and wireless customers, adding over 1 million advanced connectivity users for the second quarter in a row. The company now expects adjusted earnings per share of around $2.40 in 2026 and anticipates double-digit earnings growth through 2028. Revenue rose 5.3% year-on-year to $32.3 billion in Q3, supported by record additions of fiber and fixed wireless internet connections. Despite a non-cash impairment charge related to its Mexico wireless business, AT&T maintains strong cash flow targets and plans significant shareholder returns through dividends and share buybacks. The company aims to exceed 40 million fiber locations by the end of 2026 and 60 million by 2030, signaling continued investment in advanced connectivity services.

AT&T shares trade at USD 22.07 on Pluang as of Oct 21, 2026 21:51 WIB, down 5.86% for the day. The stock's market cap stands at $160.48 billion with a dividend yield of 4.74%. Despite recent price weakness, investor interest remains balanced with 54% buy orders and 46% sell orders on the platform.

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