AT&T ( T ) was flying high last summer, notching all-time highs on a total return basis. But since shares peaked in September, a steep drawdown has resulted in underperformance to both the S&P 500 ETF ( SPY ) and theFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financi ...

Core Insights - AT&T Inc. is recognized as one of the undervalued stocks by Goldman Sachs, indicating potential investment opportunities in the company [1] Group 1: Market Position and Competition - Bernstein has reduced AT&T's price target from $31.00 to $30.00 while maintaining an 'Outperform' rating, reflecting concerns over increased competition in the telecommunications sector for 2026 [2] - The firm anticipates that competition will remain elevated in 2026, following a trend of heightened competition observed in the previous year, impacting both cable operators and traditional wireless segments [2] Group 2: Product Innovations - On January 8, 2026, AT&T launched the AT&T IoT Network Intelligence, which provides enterprises with enhanced visibility into the performance of 4G and 5G-connected devices [3] - The new platform aims to leverage device-level KPIs, location-based insights, and analytics capabilities, positioning IoT as a significant long-term growth driver for the company [3] Group 3: Company Overview - AT&T Inc. provides a range of telecommunications services, including wireless, broadband, and wireline services across the U.S., along with additional wireless operations in Mexico [4]

AT&T Inc. (NYSE:T) is included in our list of the 10 Goldman Sachs undervalued stocks to invest in. Bernstein Remains Bullish on AT&T (T) Amid Rising Competition On January 16, 2026, AT&T Inc.’s (NYSE:T) price target was reduced by Bernstein from $31.00 to $30.00, with ‘Outperform’ rating remaining intact. The update came as the firm views 2026 as a year of heightened competition in the sector. This stance builds on the trend of increasing competition seen in the previous year. The investment firm discus ...

Core Insights - Inseego Corp. has partnered with AT&T Business to introduce the Wavemaker™ FX4200, a new 5G fixed wireless access (FWA) device aimed at enhancing enterprise wireless networks [2][3][7] Group 1: Product Features and Capabilities - The Wavemaker FX4200 is designed to provide high-performance 5G connectivity with a focus on simplicity, fast deployment, and easy management options for business customers [3][4] - Key features include Wi-Fi 7 support for up to 256 connections, live failover between wireless and wired WAN options, integrated battery backup for over 8 hours, and enterprise-grade security compliance [8] - The device supports zero-touch setup, on-device speed tests, and signal optimization, making it easier for businesses to deploy and manage their networks [8] Group 2: Market Position and Strategy - Inseego aims to bridge the gap between complex wireline solutions and simpler FWA options, positioning the FX4200 as a scalable solution for various business environments, including retail, restaurants, and government facilities [4][7] - The collaboration with AT&T enhances the portfolio of 5G-capable FWA devices, complementing AT&T's existing wireline broadband services [7] - Inseego's extensive experience in mobile broadband and 5G innovation supports its commitment to delivering reliable and secure connectivity solutions for businesses [9]

Telecom Industry Overview - Telecom stocks, including AT&T, Dycom Industries, and America Movil, are highlighted as key companies to watch due to their significant trading volume recently [2] - These stocks are valued for their steady cash flows and dividends but are sensitive to capital expenditures, regulatory changes, and technological shifts in connectivity consumption [2] AT&T (T) - AT&T, Inc. operates as a holding company providing telecommunications and technology services through its Communications and Latin America segments [3] - The Communications segment offers wireless, wireline telecom, and broadband services to both businesses and consumers in the US and globally [3] Dycom Industries (DY) - Dycom Industries, Inc. specializes in providing contracting services to the telecommunications infrastructure and utility industries in the US [3] - The company offers engineering services for telecommunications providers, including planning and design for various cable systems and wireless networks [3] America Movil (AMX) - América Móvil, S.A.B. de C.V. provides telecommunications services across Latin America and internationally [4] - The company offers a range of services including wireless and fixed voice services, data services, and value-added services such as Internet access and mobile payment solutions [4]

Group 1: Stock Ratings and Price Targets - AT&T Inc. received a Buy rating from Bernstein with a price target of $31 on January 8 [1] - Scotiabank lowered its price target for AT&T from $30.25 to $29.50 while maintaining a Sector Perform rating [1] - KeyBanc downgraded AT&T to Sell with a price target of $20, down from $30 [2] - Arete also downgraded AT&T to Sell from Neutral with a price target of $20 [2] Group 2: Business Developments - AT&T announced a partnership with American Airlines to provide free in-flight Wi-Fi for loyalty program customers, with rollout starting in January and expected to be available on nearly all flights by early spring [3] - The company operates through two segments: Communications, which offers wireline telecom, wireless, and broadband services, and Latin America, which manages services in Mexico [4]

Core Insights - AT&T and Charter Communications are significant players in the U.S. connectivity market, with Charter being the second-largest cable operator and AT&T the second-largest wireless service provider in North America [1][2] Group 1: Company Performance - Charter added 493,000 mobile lines in Q3 2025, bringing its total mobile customer base to 11.4 million, a 22% increase year over year [4] - AT&T's Consumer wireline revenues improved by 4.1% year over year to $3.56 billion in Q3 2025, driven by strong momentum in the fiber broadband business [7] - AT&T recorded net fiber additions of 288,000 during the same quarter, while also adding 270,000 subscribers [8] Group 2: Strategic Initiatives - Charter is transforming its business model from legacy cable to integrated broadband and mobile connectivity, focusing on high-speed Internet and 5G solutions [4] - AT&T is expanding its portfolio to cater to high-growth markets, including IoT solutions aimed at enhancing enterprise visibility [11] - Both companies are increasing infrastructure spending to meet rising data demand, with Charter committing $7 billion to expand its fiber-optic network by over 100,000 miles [5][20] Group 3: Competitive Landscape - Charter faces stiff competition from major players like AT&T and Verizon, which is rapidly expanding its fiber footprint [6] - AT&T is upgrading its network infrastructure, deploying mid-band spectrum to enhance speed and capacity across 48 states [10] - The telecom market is highly saturated, with both companies navigating customer churn and competition [10][20] Group 4: Financial Estimates - The Zacks Consensus Estimate for Charter's 2025 sales indicates a year-over-year decline of 0.29%, while EPS is expected to grow by 5.03% [13] - For AT&T, the 2025 sales estimate indicates growth of 2.14%, but EPS is projected to decline by 8.85% [14] Group 5: Valuation and Performance - Over the past year, AT&T's stock has gained 7.7%, while Charter's has returned 41.9% [16] - Charter's shares trade at a forward P/E ratio of 4.67, which is lower than AT&T's 10.44, making Charter appear more attractive from a valuation standpoint [17]

Core Viewpoint - Array Digital Infrastructure, Inc. has successfully closed a transaction with AT&T to sell a portion of its spectrum licenses for $1.018 billion, leading to the declaration of a special cash dividend of $10.25 per share [1][2][3]. Group 1: Transaction Details - The transaction aligns with Array's strategy to monetize spectrum not included in the previous sale to T-Mobile, which was finalized on August 1, 2025 [2]. - The special dividend is set to be paid on February 2, 2026, to shareholders recorded as of January 23, 2026 [2]. Group 2: Company Insights - Array Digital Infrastructure is a prominent owner and operator of shared wireless communications infrastructure in the U.S., with over 4,400 cell towers supporting the deployment of 5G and other wireless technologies [5]. - The company is approximately 82% owned by Telephone and Data Systems, Inc. (TDS) [5]. Group 3: Leadership Commentary - The President and CEO of Array expressed satisfaction with the value realized from the sale and emphasized the company's commitment to returning value to shareholders through the special dividend [3]. Group 4: Advisory and Legal Support - Citigroup Global Markets Inc. acted as the lead financial advisor for the transaction, with additional advisory support from Centerview Partners LLC, TD Securities (USA) LLC, and Wells Fargo [4]. - Legal and regulatory counsel was provided by Wilkinson Barker Knauer, LLP, Clifford Chance LLP, and Sidley Austin LLP [4].

Core Insights - AT&T has launched the AT&T IoT Network Intelligence to enhance enterprise visibility across its connected devices ecosystem, addressing challenges arising from the rapid adoption of IoT devices in various sectors [1][8] Industry Overview - The global IoT market was valued at $864.32 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 24.3% from 2025 to 2030, indicating significant growth potential in the IoT sector [4] Company Developments - AT&T's IoT Network Intelligence provides visibility into critical components such as signal strength, data throughput, and latency, enabling faster troubleshooting and operational efficiency [3][8] - The company has gained 8.9% in stock price over the past year, contrasting with a 0.3% decline in the industry [7] - AT&T's forward price-to-earnings ratio stands at 10.5, which is below the industry average of 11.49, suggesting potential undervaluation [9] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the IoT connectivity space, with both companies investing heavily in IoT technologies and partnerships to enhance their offerings [5][6]

Core Insights - The communication services sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Rogers Communications Inc (NYSE: RCI) has an RSI value of 23.6, indicating it is oversold, with a stock price of $35.74 and a 52-week low of $23.18 [6] - Netflix Inc (NASDAQ: NFLX) has an RSI value of 28.9, with shares trading at $89.68 and a 52-week low of $82.11 [6] - AT&T (NYSE: T) has an RSI value of 29.7, with shares priced at $23.32 and a 52-week low of $21.38 [6] Group 2: Recent Stock Performance - Rogers Communications' stock fell approximately 3% over the past month and decreased by 1.6% on the latest trading day [6] - Netflix's stock declined around 4% over the past month, with a slight increase of 0.3% on the latest trading day [6] - AT&T's stock also fell about 4% in the last five days, with a decrease of 1.7% on the latest trading day [6] Group 3: Analyst Ratings - HSBC analyst initiated coverage on Netflix with a Buy rating and a price target of $107 [6] - Barclays analyst maintained an Equal-Weight rating on AT&T, lowering the price target from $28 to $26 [6]