AT&T Q4 Revenue Rises 3.6%, EPS Beats Forecast and Guides Higher

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AT&T posted Q4 revenue up 3.6% and adjusted EPS of $0.52, beating forecasts and lifting shares 4.6%. It added 421,000 net postpaid wireless subscribers with fiber convergence at 42%, and guides 2026 EPS to $2.25–$2.35 alongside a 3.8% dividend, supporting a $32.50 average price target.

1. Q4 Financial Performance

AT&T delivered 3.6% revenue growth and adjusted EPS of $0.52 in Q4 2025, topping analyst estimates and lifting the stock by 4.6% on the day of results.

2. Convergence Strategy Gains Traction

The company added 421,000 net postpaid wireless subscribers and increased fiber-optic customer crossover to 42%, enhancing customer stickiness and recurring revenue profiles.

3. Guidance and Dividend Outlook

AT&T issued 2026 EPS guidance of $2.25–$2.35 and maintains a 3.8% dividend yield, underpinning a $32.50 average price target that suggests around 12% upside.

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