AT&T Inc

AT&T’s recent stock price rally may be short-lived, as the company’s shares are poised to close in the red after a six-session gain, leaving investors uncertain about its future prospects.

AT&T has agreed to a $177 million settlement and introduced new services and loyalty programs in an effort to address the fallout from two high-profile data breaches in 2024.

AT&T Inc. has made significant moves to address customer concerns, settle disputes, and expand its offerings, including a $177 million settlement for data breaches and a partnership with Starlink to offer satellite internet services.

AT&T’s stock price has surged as the company explores the sale of its Mexican mobile business, a strategic shift aimed at optimizing its portfolio and driving growth in high-potential segments.

Several analysts, including TD Cowen and KeyBanc, have increased their price targets for AT&T’s stock due to the company’s plans for increased capital investments and its fiber strategy.

AT&T’s second-quarter earnings report was a mixed bag, with the company exceeding market estimates on wireless subscribers but falling short on profit forecast.

AT&T’s stock price has surged ahead of its upcoming earnings release, driven by optimism and a strong buy rating, despite the company’s decision to discontinue its cloud storage service.

Verizon’s strong Q2 results have sent a positive signal to the US telecom sector, boosting investor optimism and causing AT&T’s stock price to surge nearly 2%.

AT&T plans to accelerate its fiber network expansion, investing in an additional 1 million customer locations annually, following the passage of the One Big Beautiful Bill Act.

AT&T has completed the sale of its 70% stake in DIRECTV to TPG Capital, a move expected to boost its financials and allow the company to focus on its core wireless and broadband services.