AT&T Raises 2026 Earnings Outlook on Fiber and Wireless Growth

Key Facts

1AT&T raised its 2026 adjusted earnings per share forecast to approximately $2.40.

2The company added more than 1 million advanced connectivity customers for the second consecutive quarter.

3The company plans to lower capital investment to between $22 billion and $23 billion annually in 2027 and 2028.

AT&T raised its 2026 adjusted earnings per share forecast to approximately $2.40. Proactive Investors reported that the company added more than 1 million advanced connectivity customers for the second consecutive quarter, supported by accelerating demand for fiber broadband and wireless services. Additionally, the company plans to lower its annual capital investment to between $22 billion and $23 billion in 2027 and 2028.

T closed at $23.42 on October 20, 2026, with the stock reaching a day high of $23.68 and a low of $23.36 during that session. The guidance upgrade reflects the company's strategy to optimize capital expenditure and drive long-term earnings growth through its expanding fiber and wireless infrastructure.