AT&T Declines 13.9% in Six Months: How to Play the Stock?

AT&T, Inc. T has declined 13.9% in the last six months compared with the Wireless National industry's growth of 104.6%. The stock has underperformed the Zacks Computer & Technology sector and the S&P 500's growth during this period.

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Among its peers, the company has underperformed Verizon Communications Inc. VZ but outperformed T-Mobile, US, Inc. TMUS. Verizon has declined 7.1%, while T-Mobile has lost 19%.

Earnings estimates for AT&T have moved down 1% to $2.33 and 0.4% to $2.56, respectively, for fiscal 2026 and fiscal 2027, over the past 60 days.

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From a valuation standpoint, AT&T appears to be trading relatively cheaper compared to the industry and trading below its mean. Going by the price/earnings ratio, the company's shares currently trade at 9.76 forward earnings, lower than 37.1 for the industry.

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This article originally published on Zacks Investment Research (zacks.com).