Bull Rankings model

AT&T Inc. (T) stock analysis

Telecom Services. Scored on the same transparent model behind the daily rankings.

★
T
AT&T Inc. · Telecom Services
56.0Score
$22.18Oct 9 close$152.0B
1Y Target$28.77Analyst consensus · 24 analysts
5Y Target$36.32Compound horizon
10Y Target$46.58Long-dated conviction
FCF$18.0bTTM · 12/25
A-
FCF $18.0b — top-quartile, exceptional for any sector · TTM from SEC filings (OCF − CapEx), four quarters to 12/25.
Rev+2.6%TTM YoY
C
Revenue +2.6% — flat, mature phase or headwinds present · Latest four quarters of revenue vs the four before them, from SEC filings.
D/E1.29
C+
D/E 1.29 — above the Communication Services debt median (≈75th pctile)
P/E7.3x
A-
P/E 7.3 — cheaper than most Communication Services peers (≈25th pctile)
PEG1.51
C+
PEG 1.51 — modest premium; above fair value

Targets: 1-year is analyst consensus where covered, 5- and 10-year are model estimates; the DCF is a cross-check, not a target. Methodology

Quality-growth score · 56
Quality70.2
Growth43.3
Value57.7
Why this score
  • Buying back stock
Entry · Margin of safety
52-week rangeNear 52-week low
25% off the 12-month high
vs DCF fair value42% belowest. fair value ~$38
What the price assumes: free cash flow shrinking about 10% next year, then recovering toward 4% a year by year ten — vs a starting rate of ~3% our model takes as the middle of three readings — analyst estimates, last year's revenue growth, and the company's own multi-year record.
Quality signals
Gross profitability16% · C+gross profit ÷ total assets — not in the score
ROIC10.3% · Breturn on invested capital — leads the quality score

Model-generatedFrom reported fundamentals, checked against the figures above · Editorial standards

Why now
Telecom Services · market cap $152.0b. Down 25% from 52-week high of $29.44 — deep drawdown territory. 24 sell-side analysts rate this a Buy with a mean 1-yr target of $28.77 (implying +30% upside).
Moat
Net margin 17% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 17% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. $152.0b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Value re-rating depends on a catalyst. Without one — analyst day, divestiture, margin recovery, capital return — the stock can stay cheap on these multiples for years.
Horizon
1-3 yr $28.77 (24-analyst consensus) — multiple re-rating thesis requires a catalyst. 5 yr $36.32 at ~10% CAGR — dividend + buyback compounding. 10 yr $46.58 if the moat survives secular pressure.

T vs the Top Picks average

PillarTBook avgDiff
Quality7083-13
Growth4389-46
Value5876-18

Average of today's Top 30 (mean score 82.6); size and sector limits also decide the book.

Trend
+12.5 over 82 daily scores
From 43.5 (Jun 22) → 56.0 (now)

One point per daily run; read From → To for the actual range.

Read our take

  • The mistakes that cost me the most · August 10, 2026

    A hype stock I lost over 75% on, a value trap I averaged down into, and years of buying dividends I didn't need — and what each one taught me.

T at a glance

THE BULL RANKINGS SCORECARD56.0/ 100 · BULL SCOREPEER MEDIANQUALITY70.2GROWTH43.3VALUE57.7Reverse-DCF · Price implies roughly no growth from here.
PRICE vs OUR DCF FAIR VALUE$37.3–$38.6FAIR-VALUE RANGE$22.2PRICEOur DCF fair value ~$38 · price $22.2 is 42% below it.
PRICE IN ITS 52-WEEK RANGE$22.2LOW $19.9HIGH $29.4Trading at the 24th percentile of its 52-week range ($19.9–$29.4).
WHERE THIS SCORE SITS0255075100T 56.0Top 35% of 1,709 companies on the quality-growth score.

Same audited fundamentals as the score, unless a card says otherwise.

Analyst estimate revisions

30-day change+0.2%
90-day change+0.7%
Forward EPS estimate$2.57

Over the last 90 days, what analysts expect T to earn is essentially unchanged. The estimate is derived from price and forward P/E captured at the same instant, so a moving share price does not move this number — only a changed forecast does.

Estimates move both ways and are not part of the Bull Rankings score. Biggest movers →

Shares to buy
90
Position size
$1,996
4.0% of portfolio
Stop price
$16.63
25% below $22.18
$ at risk if stopped
$499.05
budget $500.00 · 1% of portfolio

Math only: excludes commissions, slippage and gap risk. Inputs stay in your browser.

AT&T Inc. (T): score, valuation & FAQ

AT&T Inc. (T) is a Telecom Services company that scores 56 out of 100 on the Bull Rankings quality-growth model — a middling reading. The score blends three pillars — quality (durable returns, healthy margins, low leverage), growth (revenue and earnings), and value (valuation versus sector peers) — into one number, refreshed daily; it is a screen, not a buy recommendation.

Its strongest graded signals are FCF (A-) and P/E (A-). On valuation, T sits about 42% below our discounted-cash-flow fair value (a margin of safety) — the current price implies free cash flow shrinking about 10% next year, then recovering toward 4% a year by year ten.

Is T a good stock to buy?

Bull Rankings scores T 56 out of 100 on its quality-growth model, which is a middling reading. That is driven by FCF (A-) and P/E (A-). A score is a quantitative screen of AT&T Inc.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.

Why does T score 56 on Bull Rankings?

The score leans on quality at 70.2 out of 100, with growth the weakest pillar at 43.3 — the three combine geometrically, so a weak one cannot be papered over by a strong one. T earns its highest marks on FCF (A-) and P/E (A-). Each signal is graded against sector-aware thresholds rather than one absolute bar, so T is measured against Telecom Services peers, not against the market as a whole.

Is T overvalued or undervalued?

Based on $22.18, T sits about 42% below our discounted-cash-flow fair value (a margin of safety) — the current price implies free cash flow shrinking about 10% next year, then recovering toward 4% a year by year ten. It trades at a 7.3x P/E (graded A-). Discounted-cash-flow estimates are sensitive to growth and discount-rate assumptions, so treat this as a cross-check, not a price target.

What are the main risks of investing in T?

Value re-rating depends on a catalyst. Without one — analyst day, divestiture, margin recovery, capital return — the stock can stay cheap on these multiples for years.

New to these metrics? See the guides and the methodology.

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