How are energy investors positioned?
AT&T stock has reached a new 52-week high, hitting 29.22 USD. This milestone reflects a significant upswing in the company’s market performance over the past year. The telecommunications giant has seen a remarkable 48.31% increase in its stock price over the last 12 months, underscoring investor confidence and positive market sentiment. This upward trend comes amid strategic initiatives and operational efficiencies that have bolstered AT&T’s financial health, contributing to its robust stock performance. The new 52-week high marks a pivotal moment for the company, as it continues to navigate the competitive landscape of the telecommunications industry.
In other recent news, AT&T Inc (NYSE:T). reported better-than-expected revenue for the second quarter of 2025, driven largely by equipment sales. The company also surpassed EBITDA forecasts, with notable contributions from its wireline business and tax savings that bolstered its financial results. Following these developments, TD Cowen raised its price target for AT&T from $30 to $32, while maintaining a Hold rating on the stock. Additionally, AT&T announced it will dual list its common stock on the newly launched NYSE Texas, effective August 1, 2025, while keeping its primary listing on the New York Stock Exchange.
In leadership changes, AT&T’s Board of Directors elected Kelly J. Grier as a new director, effective September 1. Grier, formerly with Ernst & Young LLP, will join the Human Resources and Corporate Development and Finance Committees. Meanwhile, Scott Ford will retire from the board after 13 years of service. These developments highlight AT&T’s ongoing strategic and financial adjustments.
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