For the first quarter of 2026, analysts anticipate AT&T will report consensus revenue of $31.22 billion and EPS of $0.55, with the stock currently trading at $26.18 against an average analyst price target of $30.82. Investors are primarily focused on postpaid phone net additions, which are expected to reach approximately 259,670 as the company navigates a mature and highly competitive wireless market.
The report marks a critical test of AT&T's convergence strategy, specifically how effectively its fiber footprint expansion is driving high-value cross-selling with wireless services. Additionally, market participants will be looking for confirmation of the company's full-year free cash flow guidance of $18 billion or more to support its debt reduction targets and dividend stability.