AT&T Q4 Mobile Performance Drives Subscriber Growth, Price Target Raised to $31
AT&T reported strong Q4 2025 mobile service performance across traditional carriers and cable MVNOs, driving incremental subscriber growth in its wireless segment. RBC Capital maintained its Outperform rating and raised AT&T’s price target from $29 to $31, reflecting improved confidence in the company’s 5G expansion strategy.
1. Q4 2025 Wireless Segment Growth
AT&T’s Q4 2025 results highlighted robust mobile service performance, with traditional carriers and cable MVNO partners contributing significant subscriber additions. This uptick supported higher wireless revenue and reinforced AT&T’s leadership in nationwide connectivity.
2. RBC Maintains Outperform and Lifts Target
RBC Capital reiterated an Outperform rating on AT&T and increased its price target from $29 to $31, citing confidence in the company’s 5G rollout and long-term cash flow potential. The move underscores positive analyst sentiment around AT&T’s network investments and growth trajectory.