WallStSmart
TBB

AT&T Inc

NYSE: TBB · ·

$21.57
+0.51% today

Updated 2026-04-30

Market cap
$132.56B
P/E ratio
4.19
P/S ratio
—
EPS (TTM)
$—
Dividend yield
9.23%
52W range
$20 – $23
Volume
0.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

AT&T Inc (TBB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$21.57
Consensus
$—
—
2030 Target
$254.66
+1080.62%
DCF
—
—

Management guidance

Unable to locate specific CEO revenue guidance for 2026-2030. TBB is a bond instrument (AT&T Inc. 5.350% Global Notes due 2066), not an equity security with operational revenue projections. The underlying company AT&T has divested media assets (Warner Bros. Discovery spin-off completed 2022) and is focused on fiber and wireless convergence, but specific forward revenue targets were not found in available research data.

Sources: Management guidance, analyst consensus, sector analysislow confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$425.86
$130.5B Rev × 20x P/S
Base case (2030)
$254.66
$130.5B Rev × 12x P/S
Bear case (2030)
$169.06
$130.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$122.4B$122.3B$125.6B$120.5B$121.8B$124.2B$127.1B$130.5B
Revenue growth—-0.1%2.7%-3.2%1.1%2.0%2.3%2.7%
EPS—$1.59$3.05$2.15$2.28$2.42$2.58$2.75
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$235.40$237.54$241.82$248.24$254.66

Catalysts & risks

Growth catalysts
+ Fiber network expansion acceleration and market share gains
+ Wireless-fiber convergence strategy monetization
+ 5G infrastructure deployment and customer migration
+ Debt reduction and credit rating improvement
Key risks
- Data breach litigation and regulatory fines (2024 breaches, $177M settlement)
- Structural industry headwinds in traditional telecom segments
- Competitive pressure from cable and wireless-native competitors
- Historical 5Y revenue CAGR of -6.1% indicating segment contraction
- Missing TTM revenue data suggests financial reporting gaps or classification issues

Methodology

AT&T Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.