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AT&T Inc (ATTB34) Fair Value & Analysis

Communication Services · BR · Market cap R$811B

AT AT&T Inc ATTB34 · SA
PriceR$36.66
Fair ValueR$12.51
Upside-65.9%
Quality52/100
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Evidence: Medium Range R$7.78 – R$22.38

Fair value as of: Jul 14, 2026

From 24 valuation models · updated today

Share price −8.2% over the past month.

Price vs Fair Value (12 months)

R$52.50 R$35.48 Fair Value R$12.51 Jul 2025 Jul 2026

12‑month range R$35.48 – R$52.50 · fair‑value band R$7.78 – R$22.38 · the R$36.66 price screens above the R$12.51 fair value. As of Jul 14, 2026.

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Analysis

AT&T Inc (ATTB34) currently trades at R$36.66, while our model-based Fair Value estimate is R$12.51 — implying the stock looks roughly 65.9% overvalued today. We read business quality at 52/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, AT&T Inc generated revenue of R$127B at a net margin of 16.9%. Revenue grew 2.9% year over year. It earns a return on equity of 18.4%. Net debt stands at R$118B. Fundamentals as of Jul 14, 2026

Our scenario range runs from R$7.78 (bear case) to R$22.38 (bull case); at R$36.66, the current price sits above that range. The share trades about 31% below its 52-week high, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 34% fair-value upside — at -66%, ATTB34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$127B
Revenue growth (YoY) +2.9%
Net margin 16.9%
Return on equity 18.4%
Free cash flow R$19.4B FY2025
P/E ratio 7.6
More key figures
Operating margin 22.7%
EPS (TTM) R$5.13
Dividend yield 2.8%
EPS growth (YoY) -11.3%
Net debt R$118B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AT&T Inc reported revenue of R$126B in FY2025 versus R$169B in FY2021, a compound −7.1%/yr. Reported net income was R$22.0B in FY2025, compounding +2.3%/yr from FY2021.

Revenue −7.1%/yr
FY21 R$169B
FY22 R$121B
FY23 R$122B
FY24 R$122B
FY25 R$126B
Net income +2.3%/yr
FY21 R$20.1B
FY22 −R$8.5B
FY23 R$14.4B
FY24 R$10.9B
FY25 R$22.0B

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Cite: Fair Value Calculator (2026). "AT&T Inc Fair Value". https://www.fairvalue-calculator.com/stock/ATTB34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥97.27 ¥68.44 -30%
SoftBank Group SFTBF $44.85 $68.21 +52%
T-Mobile US, Inc TM5 €160.66 €196.22 +22%
Verizon Communications Inc BAC €39.83 €66.07 +66%
Deutsche Telekom AG DTE €26.12 €44.50 +70%
Bharti Airtel Limited BHARTIARTL ₹1,917 ₹964.27 -50%
Comcast Corporation CMCSA 415.00 MXN 1,188 MXN +186%
China Telecom Corporation 601728 ¥6.28 ¥7.10 +13%
América Móvil, S.A. AMXB 22.06 MXN 29.66 MXN +34%
Vodafone Group VODN 265.00 MXN 39.84 MXN -85%

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Frequently asked questions

Is AT&T Inc (ATTB34) undervalued?
As of Jul 14, 2026, our model estimates a fair value of R$12.51 versus a price of R$36.66 — about −66% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ATTB34?
Our model-based fair value for AT&T Inc is R$12.51 (as of Jul 14, 2026), built from audited fundamentals. The current price is R$36.66.
What is the quality score of ATTB34?
AT&T Inc has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AT&T Inc (ATTB34)?
AT&T Inc reported trailing-twelve-month revenue of about R$127B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ATTB34?
The net profit margin of AT&T Inc is about 16.9%, meaning it keeps roughly 16.9% of revenue as net income. Based on the latest reported figures.
Does AT&T Inc pay a dividend?
AT&T Inc currently shows a dividend yield of about 2.80% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.