KeyCorp raised its Q2 2026 EPS estimate for AT&T to $0.62, maintaining an Overweight rating as the company benefits from a stable wireless industry and fiber expansion. While growth is supported by innovative wireless plans and price increases, risks remain regarding spectrum purchases and competition from cable companies. Recently, AT&T shares dipped in premarket trading due to concerns over free cash flow outlooks ahead of its upcoming earnings report.
As investors seek clarity on financial sustainability within the telecommunications sector, attention shifts to AT&T as it prepares to release its Q2 earnings report on July 22.
Read the full storyAT&T leverages wireless stability for price hikes, while investors eye its ability to counter cable competition and manage spectrum costs.
KeyCorp increased its Q2 2026 EPS forecast for AT&T to $0.62, citing performance that exceeded expectations and updated fiscal projections.