If you’ve been watching the ticker today, January 15, 2026, you’ve probably noticed AT&T (T) doing that thing it does best—moving in small, steady increments while the rest of the market screams.
Honestly, it’s kinda refreshing.
As of the market close today, the price of AT&T stock today is $23.72.
It’s up about 0.47% on the day, which isn't exactly a moonshot, but for a "widows and orphans" stock like this, green is green. The stock opened at $23.61 and hit a high of $23.80 during the session. If you're looking at the broader picture, the market cap is sitting pretty at roughly $168.23 billion.
But why should you care about a twenty-three dollar stock when the AI giants are sucking all the oxygen out of the room?
Well, because AT&T has quietly turned into a massive cash machine again.
Is the price of AT&T stock today a bargain?
Look, $23.72 feels low if you remember the glory days of the 90s, but it's actually part of a very interesting recovery arc.
You've got a price-to-earnings (P/E) ratio of 7.7. In a world where some tech companies are trading at 50x or 100x earnings, AT&T looks like it’s being priced for a disaster that just isn’t happening.
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The dividend yield is the real star here. It's sitting at 4.68%.
Think about that. You're getting paid nearly five percent just to sit on the shares. Earlier this week, on January 12, the stock went ex-dividend. If you bought in today, you missed the upcoming February 2 payout of $0.2775 per share, but you're positioned for the next one.
The company is basically a utility now.
They dumped the Hollywood drama (WarnerMedia) a few years back. They stopped trying to be Netflix. Now, they just sell fiber and 5G. It’s boring. And in this economy, boring is actually pretty sexy.
Why the experts are suddenly bullish
Yesterday, Laurent Yoon over at Bernstein named AT&T his top pick for the U.S. telecom sector in 2026.
That’s a big deal.
Yoon’s logic is pretty simple: the "gloves are off" in the telecom wars. Verizon and Comcast are cutting rates like crazy to keep customers. But AT&T? They’ve got a secret weapon called "convergence."
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Basically, when you get your internet (Fiber) and your phone (5G) from the same company, you almost never leave. AT&T is seeing a massive uptick in these "bundled" customers.
- Fiber Growth: They just hit 30 million locations passed.
- Customer Loyalty: People with both Fiber and 5G have way lower "churn" rates.
- The Bill: The "One Big Beautiful Bill Act" passed last year is giving them tax breaks to build even more fiber.
Not everyone is a fan, though.
Some analysts, like those at JP Morgan, have been a bit more cautious, pointing to the massive debt load. AT&T still owes a lot of money. But they’re paying it down. Free cash flow for 2025 ended up in the $16 billion range, which is plenty of cushion to keep the lights on and the dividends flowing.
What most people get wrong about T stock
Most folks look at the chart and see a flat line.
They think, "Why would I buy something that hasn't doubled in five years?"
They’re missing the total return. If you reinvest those dividends, the math changes completely. According to Macrotrends, if you’d put $1,000 into AT&T back in 1983, you’d have over $100,000 today. That’s an 11.66% compound annual growth rate.
It's not about the "pop." It's about the "drip."
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What to do next
If you're thinking about jumping in, don't just stare at the daily price.
The consensus price target from Wall Street is around $30.37. That suggests there’s about 28% upside from where we are today at $23.72.
If you already own it, check your brokerage account to see if your dividends are set to "DRIP" (Dividend Reinvestment Plan). If they aren't, you're missing out on the compounding effect that makes this stock worth owning in the first place.
Keep an eye on the next earnings report. Management is expected to provide more details on the Lumen fiber assets acquisition, which could be a major catalyst for the stock to finally break out of that $22-$25 range it’s been stuck in.
For now, the price of AT&T stock today tells a story of a company that is finally comfortable in its own skin: a lean, mean, dividend-paying machine.
Actionable Insights for Investors:
- Entry Point: Current levels ($23.72) offer a yield near 4.7%, which is historically strong for the "new" post-spinoff AT&T.
- Watch the Debt: Monitor the quarterly reports for "Net Debt to Adjusted EBITDA" ratios; any movement toward 2.5x is a massive green flag.
- Fiber is Key: The 60-million-location goal by 2030 is the real growth story. If they fall behind on quarterly fiber adds, the stock will likely dip.