Get started
AT&T INCAT&T INCAT&T INC

AT&T INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

SOBA trade ideas

Breaking down AT&T’s stock after WarnerMedia spin-offNearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE:T) has gone back to its roots to focus on being a telecommunications company. On April 8, AT&T completed the spin-off of 100% of its interest in WarnerMedia, which owns subscription service HBO Max and film production company Warner Bros., and merged it with Discovery Inc. (NASDAQ:DISCA) to form a mega-streaming platform to better take on giants like Netflix (NASDAQ:NFLX), Apple’s (NASDAQ:AAPL) Apple TV, and Disney+ and Hulu by Walt Disney (NYSE:DIS). Foray into media services AT&T completed its $85.4 billion acquisition of WarnerMedia, formerly Time Warner, in 2018 about two years after first disclosing the move. The company had hoped to provide seamless media content through its direct-to-customer distribution. It subsequently rebranded Time Warner into what is now known as WarnerMedia. WarnerMedia owns Netflix rival HBO Max, an over-the-top subscription service launched in 2020 with a ton of exclusive and original contents, as well as HBO classics. However, in the years that AT&T acquired WarnerMedia, HBO Max still lagged Netflix, which continues to dominate the global streaming platform. According to tech news platform CNET, Netflix remains the biggest streaming service provider in 2022, with Disney+, Hulu, Amazon.com’s (NASDAQ:AMZN) Prime Video, and HBO Max trailing behind. The merger of WarnerMedia with Discovery to form Warner Bros. Discovery (NASDAQ:WBD) is expected to up both platforms' game against Netflix, Amazon, and Disney. Since announcing the closing of the merger, AT&T’s stock has jumped 7% as of Thursday, April 14, but down nearly 14% on a year-on-year basis. Its rival, Verizon (NYSE:VZ) is also trading almost 8% down from a year ago. Bullish on AT&T? Although AT&T’s stock remains below year-ago levels, many analysts remain bullish on the telco’s stock, citing its renewed focus on its core telco operations. Bank of America analyst David Barden recently reaffirmed his buy rating on AT&T with a $25 price target, saying its shares are undervalued. Barden also noted that the spin-off of WarnerMedia will help ease the complexity of AT&T’s operations. "With the deal now closed, the dividend reset, and the investor base stabilizing, we believe the stage is set for investors to begin focusing on AT&T’s improving fundamentals," Barden reportedly wrote in a note to clients. JP Morgan analyst Philip Cusick also issued an upbeat outlook on AT&T’s stock, setting a price target of $22, urging investors to capture the discount on the company’s share price. Focus on core telco business Analysts now expect AT&T to double down on its wireless business and expand its fiber optic reach amid intense competition against rivals like Verizon in the broadband space. In the fourth quarter of 2021, AT&T’s revenue fell to $41 billion from $45.7 billion a year earlier on the back of lower business wireline revenue, which was slightly offset by higher mobility and consumer wireline turnover, and strong revenue from WarnerMedia. The absence of WarnerMedia’s results will likely weigh on AT&T’s financials in the near term, but its renewed focus on being a telecom pure-play company will make it more competitive against Verizon T-Mobile US (NASDAQ:TMUS) and other smaller players as it expands and improves its 5G wireless networks. "Going forward, we aim to be America's best broadband provider powered by 5G and fiber, and defined by greater ubiquity, reliability, capacity, and speed,” AT&T CFO John Stankey said in a recent earnings call. Stankey added that the company will focus on growing its subscribers and accelerating the pace of its 5G deployment.
NYSE:T
by BlackBull_Markets
T-AT&T- THE CYCLE OF BULL TO BEAR OVER THE DECADES! SHORT!Find out the latest details on AT&T NYSE:T . Have the bulls completely lost their momentum? In this video I go through the macro view on AT&T and discuss their debt and cash flows and there future. Is this a good stock to buy and hold for your portfolio? Find out here! Disclaimer I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
NYSE:TShort
by CryptoBuzzAnalyst
Make short?The squeeze at the level. The stock is not going up. I am waiting for breakdown of support and target to 22. Upside: +7% ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Stock trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast
NYSE:TShort
by QuantumLabSignals
AT&T | Fundamental Analysis | LONG SETUP AT&T stock is disappointing most experts and shareholders: telecom giant's evolution into the satellite TV and media markets, as well as lagging development in its wireless business, has driven its stock price to drop more than 40 percent over the past five years. But there have been a few good aspects of the past year. AT&T slowly decreased its leverage by selling 30% of DirecTV, getting rid of WarnerMedia via a merger with Discovery, and selling other non-core assets to get fresh cash. The company's stock also rose briefly in January as increased interest rates made investors tend the securities again. Between Jan. 1 and Jan. 18, AT&T's stock price increased 11%, while the S&P 500 fell 4%. However, AT&T subsequently squandered almost all of those gains as several worrying aspects emerged on the horizon. At the beginning of the year, AT&T investors were unsure whether the company was going to spin off or split off WarnerMedia after the merger with Discovery. In case of the spin-off, AT&T would distribute about 1.7 billion shares of Warner Bros. Discovery. Each investor would have received 0.24 shares of the new media company for each AT&T share they owned. In a company split-off, AT&T investors would have been allowed to directly exchange all or part of their AT&T stock for Warner Bros. Discovery. Such an exchange would likely result in about 20 percent of AT&T's outstanding shares going out of circulation and would be tantamount to a massive share buyback for the remaining AT&T investors. But to persuade AT&T's investors to accept such an exchange, the company would probably have to offer its shares to Warner Bros. Discovery at a discount to their base value. Many AT&T investors preferred the split-off since it was more adaptable, reduced the number of AT&T shares outstanding, and allowed them to get Warner Bros. Discovery at a better price. Last week, AT&T CEO John Stankey assured that the company intended to spin off its stake in Warner Bros. Discovery, saying it is "simple, efficient and results in AT&T shareholders owning stock in both companies." The decision, already hinted at during AT&T's Q4 conference call on Jan. 26, weighed on the company's stock. AT&T also announced a reduction in its annual dividend from $2.08 to $1.11 per share to reflect the sale of WarnerMedia. The announcement was not that shocking, since AT&T had previously told investors that it would cut its cash dividend payout ratio after the company split, but the reduction in the projected yield from 8.5% to 4.5% probably worried some income investors. The dividend cut may also prompt some investors to take a closer look at AT&T's competitor, Verizon, which has a higher projected yield of 4.8%, controls most of the U.S. wireless market, and is not involved in confusing sales and splits. At the end of 2021, the U.S. Federal Aviation Administration (FAA) said that 5G C-band networks, which are mostly used by AT&T and Verizon, could interfere with aircraft navigation systems. In early January, AT&T and Verizon voluntarily shut down their 5G transmitters near airports and deferred their 5G network expansion assignments in nearby areas. On Jan. 28, the FAA, AT&T, and Verizon reached an agreement to include more 5G towers near airports, but only in particular locations that have been properly mapped. These setbacks will likely be transient, but they could give T-Mobile -- which uses a mid-band (600 MHz to 2.5 GHz) spectrum instead of a high-band (3.7 GHz to 4.2 GHz) C-band spectrum -- an advantage over its two competitors. T-Mobile's use of the mid-band spectrum, which penetrates buildings and hard objects more easily than the high-band spectrum, has already provided 5G networks with much wider coverage than AT&T and Verizon. If additional concerns about the security of C-band networks emerge in the future, AT&T and Verizon may find it difficult to catch up with T-Mobile in the 5G race. If you already own AT&T, you should probably just hold your stock as the low valuation, high dividend yield, and forthcoming Warner Bros. Discovery should limit the downside potential. But investors who don't already own AT&T probably shouldn't buy stock in this battered company just yet. In this volatile and relentless market, there are plenty of other top blue-chip stocks to buy right now.
NYSE:TLong
by FOREXN1
AT&T offers a good priceCurrently AT&T is an attractive buy area. Today it confirmed the support based on the volume profile like I expected it. The mentioned exit lines are targets with increasing risk. Fundamentally AT&T is a buy : AT&T will jettison WarnerMedia in a $43bn deal with Discovery (DISCA) as it refocuses on its telecom efforts. It’s planning to spend $20bn on 5G infrastructure and home broadband in 2022. It also dropped a dividend cut bomb on investors as part of the transaction. Shareholders will get only $1.11 per share in dividends this quarter, down nearly half from $2.08 per share. The stock dropped nearly 4.2% on Tuesday – not because anyone’s hugely attached to WarnerMedia, but because they’re wondering if the dividend cut is less run of the mill and more a “prudent decision that will help the company quickly trim its debt obligations”, as Craig Moffett puts it.
NYSE:TLong
by TradeandGrow
T Downward trend before earnings AT&T has been on a down trend since Jan 26th - 4thq earnings for April 21st 22' Omni variant has had a negative impact on our economy Last q4 Earnings shares dipped before positive earnings Solid downward trend confirmed with head and shoulders entering bearish territory $23.70 support ***IF it breaks below this support level *** I anticipate it will drop below $22 December 15th 2021 next level of support Supply chain issues could have impacted theses numbers investors will sell before earnings the next hearing for the debt ceiling
NYSE:TShort
by vtmesce
2
Is AT&T (T) a good buy.... almost thereEveryone is talking about AT&T or T as they call it being a good buy.... well it's almost there for us. Was very close in December but 21 or below is the price I will take AT&T at. If you were to look at the P/E for this stock and say VZ they are pretty close though the problem becomes for us the amount of shares that will be outstanding after the sale of the Streaming division 7.2B wayy too many stocks outstanding for us. Compared with VZ 4.2B. I would consider and have alerts set for anything below 21.96 and then possibly take a look as they consolidate and focus on their core business of phone service.
NYSE:T
by swimmax