AT&T | Fundamental Analysis | Must Read...AT&T's stock price hit a 52-week low of $24.54 at the beginning of the month after the company postponed the rollout of its C-band spectrum, a component of its new 5G network, waiting for an aviation safety review. As of this writing, the company's stock remains around $25, allowing it to buy the stock while its price declines. But the decision to buy the stock is not a clear-cut one, because today's AT&T is a company at a crossroads. CEO John Stankey, who took over the company last year, is returning AT&T to its telecommunications roots after his predecessor decided on a series of costly entertainment-related acquisitions. These acquisitions burdened the company with huge debt as AT&T undertakes the costly rollout of its 5G network. However, despite the challenges, there are plenty of reasons to consider investing in this venerable telecom titan. A key reason to consider AT&T stock is its wireless business, which is experiencing strong growth. Q3 results showed the biggest increase in net additions of postpaid subscribers in more than a decade. The net addition of postpaid subscribers is a key metric because postpaid subscribers are the most valuable in the telecommunications industry. The third quarter was the third consecutive quarter of growth in net postpaid additions, reaching 928,000. Thanks to subscriber growth, AT&T's mobile division has seen steady service revenue growth since reaching a pandemic low in the second quarter of last year. In fact, the company's service revenue for 2021 exceeds its 2019 pre-pandemic level. AT&T's strong customer growth means the company is succeeding against its opponents in the competitive U.S. telecommunications market. And AT&T isn't just acquiring customers, it's retaining them. In the third quarter, the company maintained postpaid subscriber churn at a record low of 0.72%. AT&T is still in the early stages of 5G adoption, so it has a chance to keep growing its customer base. And because it needs newer 5G-enabled cell phones to use its 5G network, AT&T could get additional growth from equipment sales. The company's equipment revenue in the third quarter was $4.6 billion, up 15 percent year over year. Part of the company's success comes from offering more expensive wireless plans bundled with HBO Max, a streaming service owned by AT&T's WarnerMedia entertainment division. WarnerMedia's segment is recovering in 2021 after a pandemic-induced 13.7 percent drop in revenue in 2020. WarnerMedia's third-quarter revenue rose 14% year over year to $8.4 billion. The segment was helped by five straight quarters of subscription revenue growth since the launch of HBO Max last May. WarnerMedia's direct-to-consumer (DTC) division, which includes HBO Max, reached 69.4 million global subscribers, the highest since the launch of HBO Max. This increased DTC subscription revenue by about 25 percent year-over-year. As part of the company's decision to concentrate on its telecommunications business, AT&T will merge WarnerMedia with Discovery into a new entertainment company, to be called Warner Bros. Discovery. AT&T intends to maintain its partnership with Warner Bros. Discovery after the merger, which will allow AT&T to continue to offer its packages. Investors will benefit by receiving shares of Warner Bros. Discovery. Despite its successes, the company, which is in transition, has bumps in the road to recovery. When AT&T loses revenues from WarnerMedia after the merger is completed in mid-2022, subsequent year-over-year comparisons will likely show declining revenues. That's what happened with the third-quarter earnings results. AT&T's total revenue for the third quarter fell 5.7% year over year, from $42.3 billion to $39.9 billion. The decline was due to the company's decision to spin off its video division, another entertainment acquisition that included DirecTV. Excluding this segment, AT&T's third-quarter revenue would have been up 4.7% year over year. In addition, there is AT&T debt. Although the company is reducing debt, the 5G rollout is costly. AT&T spent more than $23 billion in a government auction in February to acquire spectrum for its 5G network. That brought its total debt to $179 billion in the third quarter, up from $157 billion at the end of 2020. But AT&T has consistently generated billions of dollars of free cash flow each quarter, allowing it to meet its obligations. In the third quarter, free cash flow was $5.2 billion, and the company is on track to reach about $26 billion in free cash flow this year. Patient investors, prepared for the long term, can expect AT&T to be financially stronger while gaining shares of the new, growing entertainment company. Given all the positives, this telecom company stock is a worthy investment.Longby FOREXN18816
LONG TWatching AT&T for lower time frame trendline break to the upside. Then planning to ride it up to the $26 downtrend line. Have a confluence of RSI divergence, but MACD hasn't pushed into cloud on lower time frame (15M/1HR) to signify full trend reversal. Still watching, and have an alert set (Pink Line) for trendline and resistance break. If it takes these out with volume then I'll enter calls.Longby Sheentpc2
Giant accumulation on TT seems ready to give a shot up, and this could be the low of the year, let's seeLongby phingage116
$T with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $T after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 42.86%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.by EPSMomentum1
T Breaking TrendlineUnfortunately it looks like T has broken a long term trend line, was really hoping to see this form a nice wedge for a bullish breakout in a few years. I see some strong support in $22-$19 range and will take a small position and begin adding there.Shortby Pyrat82333
Atnt (Update)Looks like we are at a reasonable support seeing how price has tested this low that we are at about 4 times since December of 2018. In May, a previous high was broken and although since then, price has made a newer low we still need to be careful with our price targets long term. I believe that price retracing the previous of May of this year could be more than safe. Let's see what happens. Oh, and Warner Bros will have the first all Black Western showing on different platforms November 3rd. It should be a fun movie to watch.Longby Redimere_911
T (AT&T) At a level of HIGH VALUE + 8.03% DividendAT&T (Ticker Symbol T) is currently at a position of very high value (buy zone) It is held by over 50 hedge funds for a reason and it has a dividend of just over 8%! I have an alert set up when it goes below 25.10. Will buy with a tight SL at 24.50 (as it bounced off 25.00 on 13th Oct) For the more cautious minded, you can enter when it breaks through resistance and forms a 'higher high' above 28-29. It's 52wk high is just under 34.00, so represents an excellent risk/reward with a potential upside of approx 50% within a year + the 8% dividend Happy Trading! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Longby Zan1011
AT&T for the beatI just couldn't resist a nibble on AT&T after that strong reversal "doji" played out with the stock price at 10 year lows. Momentum indicators are also starting to suggest an upward trajectory despite the earnings report "risk". Expected to report tonight, and besides the technicals, anything even slightly less than bad should send the stock rocketing of these very low levels. Admittedly, it is a risky buy ahead of earnings but hey, I am not here for a haircut. I have, however, placed a protective stop-loss at $23.70. But if she runs...I will let her run...Longby RobbyP4
At&t Earnings preview.breakout finally?I Mean it's pretty much rock bottom right here. We'll need to get over that downtrend at 27.20. After 27 there will be a lot of resistance to fight through in that 28.30-29.50 areaLongby ContraryTrader111
ATNTPeople forget that the deal between them and discovery wont take effect until next year. I know there has been a sell off due to the dividend cut, however, I would like to see retracement of the previous high and I also see a potential W pattern forming on the daily. The win goes to the longest holder. Let's see what this looks like over the next year or two!Longby Redimere_912
T (AT&T) Long ideaOverbought on weekly Last daily candle: expect next week to fill in the wickLongby tradelies0
T'd up or down? Looking for new lows over last 3-5 years, oversold..for good reasons LOL If it does bounce at 23.08 area will need to break $28 to keep me interested. BUT.. upcoming Dividend payout Nov 1st. might get some inflows here soon, stay tuned. I have not yet taken any positions. by luckyMind19910
$AT&T - Longterm uptrend (Dividend Adjusted)- Price has reached a good level to accumulate or open a trade - Solid Co, Divi payer -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan0
Descending broadening wedgeQuite high possibility of reversal IMO, not quite sure about power of the upward moveTLongby illbewealthy0
AT&Tslowly uptrend. Dividend payout 01 November 2021. this is will be a good time to get in.Longby AmyThongbai224
AT&TAT&T (T) at resistance level in the formed channel. Strong support at $27, needs to break resistance and next target would be $28.75. Notice the gap that didnt close at $31.22. Volume is steady and not too bad RSI.by MrKaka007222
T is way oversold, Long!I believe a lot of dividend investors have sold off T because of the dividend cut next year when Warner media is sold off to Discovery. With offloading ton of debt to the newcomp. and still very strong dividend and massive free cash flows T stock is BUY! As a bonus you get the newcomp. with massive growth potential with HBO max still only operating in USA, HBO Max will launch in six countries in Europe in October . I see HBO Max having much much more growth potential then Netflix or even Disney+ as they are just now going global and people forget Game of Thrones was by far the biggest TV show with whole world watching every episode the moment it was released and with the new GOT spin off series coming in years to come i see HBO Max getting ton of new subs. Just looking at financials you can clearly see T will have better balance sheet then Verizon after the split and on top of that you get 71% of the newcomp.Longby Raunz16
At&T Not Picking up Steam TNot clearly pivoting, running out of momentum and fractally bearish. If you think you can see a pivot, tell me, and I will tell you why you are wrong. Remember that this is not financial advice and that we are not responsible for your portfolio. Only you are. You must do your own research and remember to act in accordance to your own research. That aside, Fibonacci goals are as ever in green and invalidation is in red. Take care of yourselves out there. Shortby Rykin_CapitalUpdated 0
$T - Weekly chartAT&T weekly chart reaching near its supporting trendline. Decent risk/reward with a stop depending how how much volatility you can withstand. Also nice that the dividend is over 7.5%by UnknownUnicorn167392720
AT&T triangle formation Ride the wave back up AT&T businesses merge for the entertainment industry is about to push the stock price back up. Longby ZODOGHOUSE0