Following a recent investor day, it is believed that AT&T is well positioned to meet its revenue, EBITDA, and free cash flow growth objectives, which are facilitating shareholder returns. The company's current strategy, focusing on connectivity, builds upon the approach initiated in 2021, emphasizing wireless and broadband connectivity.

Following a recent investor day, it is reported that the company has improved its multi-year service revenue and EBITDA guidance, anticipating a normalized free cash flow of $18B by 2027. The anticipated growth in broadband and mobility market share, coupled with EBITDA margin expansion, is expected to contribute to accelerating earnings and free cash flow per share growth, which is perceived as attractive at the current share levels.

AT&T shared a positive update on its multi-year financial outlook during the analyst meeting, while emphasizing its commitment to an organic investment and growth strategy. The combination of expected annual service revenue growth paired with accelerated EBITDA growth is seen as a potential catalyst for improved valuation. Additionally, the expanded fiber deployment strategy that aims to increase home coverage is considered to be favorable compared to previous projections and general consensus.