GET DAILY SIGNALSAT&T (T) Delivers Steady Q2 2026 Growth with +2.3% Revenue Increase and Fiber Momentum
Key Takeaways
- Revenues reached $31.6 billion, up 2.3% year over year.
- Adjusted EPS rose to $0.65 from $0.54 in the prior-year quarter.
- Advanced Connectivity service revenue grew 5.1% to $23.5 billion.
- Over 1 million Advanced Connectivity customers added, including strong fiber and fixed wireless net adds.
- Free cash flow increased to $4.7 billion.
- Company reiterates full-year 2026 guidance and accelerates share repurchases.
Why These Results Stand Out
AT&T’s second-quarter performance highlights ongoing execution on its strategy centered on fiber and wireless convergence. The focus on higher-value Advanced Connectivity services continues to support revenue growth and margin improvement in a competitive environment. I’m watching these updates closely for indications of sustained subscriber trends and progress on legacy network retirement, both of which tie directly into cash flow and plans for returning capital to shareholders.
Breaking Down the Reported Figures
AT&T reported second-quarter 2026 revenues of $31.6 billion, a 2.3% increase from $30.8 billion a year earlier. Diluted EPS from continuing operations was $0.66 versus $0.62 previously, while adjusted EPS reached $0.65 compared with $0.54. Adjusted operating income totaled $7.5 billion, and adjusted EBITDA rose 5.2% to $12.3 billion. Free cash flow improved to $4.7 billion from $4.4 billion. The company added 646,000 Advanced Connectivity internet net adds and 432,000 postpaid phone net adds. Results came in ahead of expectations on subscriber growth and cash flow, with revenues and adjusted metrics generally in line with or above consensus estimates. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Market Reaction and Investor Sentiment
Following the July 22 release, market sentiment stayed constructive as AT&T pointed to record quarterly net adds in converged services and reaffirmed its full-year outlook. Emphasis on faster share repurchases and continued fiber buildout helped bolster confidence in execution. Stock movement reflected approval of the subscriber momentum and cash flow gains, with only modest reaction to expected legacy revenue declines.
Using AI Tools to Put Results in Context
One tool I find useful for deeper analysis is Tickeron’s AI Screener. It is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. I occasionally turn to the AI Screener when evaluating how companies like this one stack up against peers.
Forward Outlook and Factors to Watch
AT&T reaffirmed its full-year 2026 outlook, including adjusted EPS in the $2.25 to $2.35 range and free cash flow of $18 billion or more. The company expects service revenue growth in the low-single-digit range and Advanced Connectivity service revenue growth of 5% or higher for the year.
Investors should watch progress toward the 40 million fiber locations target by year-end 2026 and the pace of legacy network decommissioning. Continued convergence between home internet and wireless services remains a key growth driver. Capital allocation updates, including the accelerated $10 billion share repurchase target for 2026, will also be important. Broader industry dynamics such as competitive pricing in wireless and fiber markets, along with regulatory developments around spectrum and network infrastructure, warrant attention in coming quarters.
Disclaimer
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Financial writer and active order flow futures trader with a focus on fundamental analysis, macroeconomic factors, and equity research. I make in-depth blogs on stocks and ETFs, bridging the gap between raw market data and real-world trading decisions.
T sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for T moved below the 200-day moving average on October 23, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
T moved below its 50-day moving average on September 29, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for T crossed bearishly below the 50-day moving average on October 02, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 58%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where T declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 58%.
The Aroon Indicator for T entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where T's RSI Oscillator exited the oversold zone, 14 of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 37%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +3.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where T advanced for three days, in 199 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
T may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 56 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 59 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 60 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.328) is normal, around the industry mean (2.041). P/E Ratio (7.089) is within average values for comparable stocks, (-4.274). Projected Growth (PEG Ratio) (1.511) is also within normal values, averaging (8.005). Dividend Yield (0.052) settles around the average of (0.119) among similar stocks. P/S Ratio (1.435) is also within normal values, averaging (5.777).
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating steady price growth. T’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
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General Information
a provider of dsl internet, local and long-distance voice and data services
Industry MajorTelecommunications
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