What investors are saying about AT&T (T)

Summary

In the past 30 days, 7 people on 4 investor and market shows discussed AT&T (T) in 7 views. Going by each speaker's latest call, 3 are bullish and 3 are bearish. Chorus has followed AT&T since October 9, 2026.

Who talks about it most

• Andrew Yang · 1
• Steve Eisman · 1
• Walter Piecyk · 1
• Dan Nathan · 1
• Karen Finerman · 1
• Tim Seymour · 1
• Frank Louthan · 1

The latest views

Newest first. Every quote is checked against the episode's transcript.

• Andrew Yang · Noble MobileBearish

  AT&T's dividend payouts will get tougher as cheaper wireless rivals push prices down.

  Yang runs Noble Mobile, a wireless rival. He argues that US wireless spending is far above European levels, which he quantifies at about $100 billion a year. He expects prices to fall as new entrants push them lower. He says it will be tougher for AT&T in particular to keep paying the roughly $18 billion a year in dividends that holders depend on. He describes the company as returning cash rather than growing, and says consumers are increasingly questioning why they pay over $100 a month for a commodity.

  “I think that it's going to be tougher and tougher for Verizon and AT and T in particular to be paying out, let's call it, $18,000,000,000 a year in dividends, which is the only reason why anyone holds their stock.”at 26:10

  CNBC Power Lunch: Election Day, Data Center Debate and AI Sector Fallout · November 3, 2026

• Steve Eisman · The Real Eisman PlaybookBearish

  Starlink's push to become a fourth US mobile carrier is a telepocalypse threat to AT&T's stock.

  Eisman coined 'telepocalypse' for Elon Musk's stated goal of turning Starlink into a fourth terrestrial mobile carrier in the US, alongside AT&T, Verizon and T-Mobile. He says Musk's plan will be expensive, but that cost has never stopped Musk before. He expects Musk to keep announcing plans, and so the narrative will keep gaining steam. He says the three incumbent carriers have seen their stocks under assault. He does not directly rebut a subscriber's view that cell towers are cheaper, but he notes Musk may try to rent tower space.

  “I call this the telepocalypse and it is not going away anytime soon.”at 18:46

  The Real Eisman Playbook: Anthropic’s Growth is Slowing: Is AI Capex Next? | The Weekly Wrap · October 30, 2026

• Walter Piecyk · LightShed PartnersBullish

  AT&T's share price is undervalued, with EBITDA growing above inflation and buybacks supporting it.

  At around $21 a share, AT&T has EBITDA growing about 5%, which is strong for a telco and finally above the inflation rate. Management can buy back stock. Its fiber investment and bundling offer differentiation against satellite and fixed wireless, so it should keep executing despite volatility from the SpaceX threat.

  “your EBITDA now growing 5%... which is not a bad EBITDA for a telco, finally above the inflation rate, right, you just buy stock back... you just have to kinda keep doing your thing, and believing in how you are differentiated.”at 18:05

  CNBC Power Lunch: Tech Earnings Season, SpaceX Targeting Telecoms, CME Group CEO Interview 10/21/26 · October 21, 2026

• Tim Seymour · Seymour Asset ManagementBearish

  AT&T is a melting ice cube facing persistent price pressure, so he won't chase it.

  Seymour acknowledges AT&T's balance sheet has improved through deleveraging, so debt is no longer the issue. He argues that price pressure has been the story in wireless for fifteen years, and that Starlink broadband competition makes it worse. He calls AT&T a melting ice cube and says he is not chasing it, though he has owned it in the past.

  “But again, price price pressure has been the story for the last fifteen years, and this isn't good. ... It's a melting ice cube.”at 41:37

  CNBC Fast Money: Drama in DRAM Memory ETF… And Trading Apple & Others At Record Highs… 10/13/26 · October 13, 2026

• Dan Nathan · RiskReversal MediaNeutral

  Starlink is not yet a material threat to carriers, so it isn't a reason to sell telecom stocks.

  Nathan notes Starlink has about 12 million subscribers but is growing from a low base. He argues carriers benefit from switching costs, since customers bundle internet with other services, so the jury is still out on whether Starlink can make material inroads. He says Starlink has already damaged market caps, but it does not seem to be much of a threat yet, so it is not a reason to sell carrier stocks.

  “But right now, it just doesn't seem to be that much of a threat ... I just don't think it's the reason to sell those stocks right now. Definitely not here.”at 43:07

  CNBC Fast Money: Drama in DRAM Memory ETF… And Trading Apple & Others At Record Highs… 10/13/26 · October 13, 2026

• Karen Finerman · Metropolitan Capital AdvisorsBullish

  AT&T looks cheap on every metric, with a 4.86% yield, despite weak bond performance.

  Finerman says the bond market has been unkind to AT&T and that the bond market is usually smarter than equities. She still argues the stock is cheap on every metric, citing a 4.86% yield. The case is hedged and rests on valuation rather than a clear catalyst.

  “But it's cheap on every metric. The yield is, 4.86.”at 43:55

  CNBC Fast Money: Drama in DRAM Memory ETF… And Trading Apple & Others At Record Highs… 10/13/26 · October 13, 2026

• Frank Louthan · Raymond JamesBullish

  Carrier selloff on SpaceX spectrum news is an overreaction; AT&T is Raymond James' top sector pick.

  Louthan argues the market is overreacting to SpaceX's spectrum purchase. SpaceX is three to four years from delivering what it can do. The 800 MHz spectrum it bought is a small slice, so it needs more bands and a large build-out before it can run a full wireless network. Buying spectrum is not a network, and carriers will keep pushing back at upcoming auctions. He says investors' time horizons are too short for this, and that the fear-driven selling will fade once investors hear this argument, which he saw happen after the SpaceX IPO earlier this year.

  “I definitely think it's an overreaction. AT and T would be our top pick here in the sector.”at 27:38

  CNBC Closing Bell: Closing Bell Overtime 10/9/26 · October 9, 2026