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AT&T (T, Integrated Telecommunication Services) Stock Valuation & Fair Value Favorable on our tests

AT&T (T, Integrated Telecommunication Services) trades at a blended P/E of 10.6, about 11% below its historical normal valuation, with a forward growth estimate of 11.3% and a PEG of 0.94. Analysts' one-year estimates have been hit 82% of the time. Priced at its historical normal P/E of 11.9 on the same blended earnings, the 2026-10-02 close of $24.30 corresponds to about $27.20 a share. This is a valuation reference, not a price target.

Blended P/E
10.6
Normal P/E
11.9
PEG
0.94
Fwd growth
11.3%
Div yield
4.6%
RSI (14)
49.6
Neutral
Technical context
  • Price $24.87 at the 2026-10-08 close, 1.1% below the 20-day average ($25.15) and 0.4% below the 50-day ($24.98).
  • RSI (14) at 49.6.
  • 52-week range $20.21 to $28.42: the price is 12.5% below the high and 23.1% above the low.

The Street vs SeerForecast

Wall Street's mean price target for T is $28.84 across 24 analysts, 16.0% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: favorable on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from mixed on our tests (2026-06-03) to favorable on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Blended P/E and rating by weekBlended P/E moved from 11.3 to 10.6 between 2026-06-03 and 2026-10-02, against a normal P/E of 11.9, with 1 rating change over 37 recorded weeks.2026-06-03: P/E 11.3, Mixed on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 10.3, Mixed on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 10.3, Mixed on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 10.3, Mixed on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 10.3, Mixed on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 9.2, Mixed on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 9.5, Mixed on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 9.5, Mixed on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 9.5, Mixed on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 9.8, Mixed on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 9.8, Mixed on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 10.8, Mixed on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 10.8, Mixed on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 10.4, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 10.4, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 10.6, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 10.6, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 11.1, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 11.2, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 11.2, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 11.2, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 11.3, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 11.5, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 11.5, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 11.3, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 11.3, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 11.5, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 11.5, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 11.2, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 11.2, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 11.1, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 11.1, Favorable on our tests, recorded live 2026-09-282026-10-02: P/E 10.6, Favorable on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 10.6, Favorable on our tests, recorded live 2026-10-0510.011.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 11.9
Favorable on our testsMixed on our tests

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 11.3-5%Mixed on our tests (recalculated)
2026-07-02P/E 9.2-22%Mixed on our tests (recalculated)
2026-08-30P/E 11.5-3%Mixed on our tests (recalculated)
2026-09-28P/E 11.1-7%Favorable on our tests (across a rating rules change)
2026-10-05P/E 10.6-11%Favorable on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 11.3-5%Mixed on our tests (recalculated)
2026-06-10P/E 10.3-13%Mixed on our tests (recalculated)
2026-06-14P/E 10.3-13%Mixed on our tests (recalculated)
2026-06-16P/E 10.3-13%Mixed on our tests (recalculated)
2026-06-21P/E 10.3-13%Mixed on our tests (recalculated)
2026-07-02P/E 9.2-22%Mixed on our tests (recalculated)
2026-07-06P/E 9.3-22%Mixed on our tests (recalculated)
2026-07-09P/E 9.3-22%Mixed on our tests (recalculated)
2026-07-12P/E 9.5-20%Mixed on our tests (recalculated)
2026-07-13P/E 9.5-20%Mixed on our tests (recalculated)
2026-07-14P/E 9.5-20%Mixed on our tests (recalculated)
2026-07-20P/E 9.8-17%Mixed on our tests (recalculated)
2026-07-22P/E 9.8-17%Mixed on our tests (recalculated)
2026-07-25P/E 10.8-9%Mixed on our tests (recalculated)
2026-07-27P/E 10.8-9%Mixed on our tests (recalculated)
2026-07-31P/E 10.4-13%Mixed on our tests (recalculated)
2026-08-03P/E 10.4-13%Mixed on our tests
2026-08-07P/E 10.6-11%Mixed on our tests (recalculated)
2026-08-10P/E 10.6-11%Mixed on our tests
2026-08-14P/E 10.9-8%Mixed on our tests (recalculated)
2026-08-17P/E 11.1-7%Mixed on our tests
2026-08-21P/E 11.2-6%Mixed on our tests (recalculated)
2026-08-24P/E 11.2-6%Mixed on our tests
2026-08-27P/E 11.2-6%Mixed on our tests (recalculated)
2026-08-28P/E 11.3-5%Mixed on our tests (recalculated)
2026-08-30P/E 11.5-3%Mixed on our tests (recalculated)
2026-08-31P/E 11.5-3%Mixed on our tests
2026-09-05P/E 11.3-5%Mixed on our tests (recalculated)
2026-09-07P/E 11.3-5%Mixed on our tests
2026-09-12P/E 11.5-3%Mixed on our tests (recalculated)
2026-09-14P/E 11.5-3%Mixed on our tests
2026-09-19P/E 11.2-6%Mixed on our tests (recalculated)
2026-09-21P/E 11.2-6%Mixed on our tests
2026-09-26P/E 11.1-7%Mixed on our tests (recalculated)
2026-09-28P/E 11.1-7%Favorable on our tests (across a rating rules change)
2026-10-03P/E 10.6-11%Favorable on our tests (recalculated)
2026-10-05P/E 10.6-11%Favorable on our tests ← now

Frequently asked questions

Is AT&T stock overvalued?

At a blended P/E of 10.6 versus its historical normal P/E of 11.9, AT&T trades about 11% below its typical valuation, with a PEG of 0.94 on 11.3% forward growth. tickerseer currently rates it favorable on our tests.

What is AT&T's fair value and PEG?

AT&T trades at a blended P/E of 10.6 against a historical normal P/E of 11.9, a PEG of 0.94, and a forward growth estimate of 11.3%. Priced at its historical normal P/E of 11.9 on the same blended earnings, the 2026-10-02 close of $24.30 corresponds to about $27.20 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of AT&T changed?

tickerseer's rating moved from mixed on our tests (2026-06-03) to favorable on our tests (2026-10-05). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

What is the analyst price target for AT&T?

The mean Wall Street price target for AT&T is $28.84 across 24 analysts, 16.0% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Integrated Telecommunication Services. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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