AT&T (NYSE:T) Shares Recover; 2026 Cash Returns Approach 11% of Market Capitalisation

AT&T (NYSE:T) shares rebounded 2.82% after a previous drop, with the company projecting 2026 cash returns, including dividends and share repurchases, to reach approximately 10.8% of its market capitalization. Despite competitive concerns from SpaceX's terrestrial mobile infrastructure plans, analysts remain cautiously optimistic. The company's recent Q2 performance showed strong growth in revenue, adjusted EBITDA, and postpaid phone additions, though significant debt and capital expenditures remain key risks.