# AT&T Beats Earnings, Raises 2026 Profit Outlook

> AT&T beats earnings on strong fiber growth, raises 2026 profit outlook.
- Title: AT&T Beats Earnings, Raises 2026 Profit Outlook | Shortify
- Summary: AT&T beats earnings on strong fiber growth, raises 2026 profit outlook. AT&T reported record internet net additions and over one million advanced…
- Keywords: at&t, fiber growth, 2026 profit outlook, free-cash-flow, spacex, verizon, t-mobile, finance, money, Beats, Earnings, Raises
- Source: The Motley Fool — https://fool.com/coverage/stock-market-today/2026/10/21/stock-market-today-oct-21-at-and-t-beats-earnings-on-strong-fiber-growth-raises-2026-profit-outlook
- Author: Robert Izquierdo
- Published: 2026-10-21T20:52:04+00:00
- Read time: 1 min
- Topics: at&t, fiber growth, 2026 profit outlook, free-cash-flow, spacex, verizon, t-mobile, finance, money
## AT&T Earnings Report
AT&T closed at $21.91, down 6.45% after beating estimates with record internet net additions and over one million advanced connectivity customer additions for a second straight quarter.
## 2026 Profit Outlook Raised
AT&T raised its 2026 profit outlook while keeping free-cash-flow targets intact, though the stock fell due to higher spending needs and SpaceX competition.
## SpaceX Competition Threat
SpaceX forged a nationwide low-band spectrum deal with Grain Management, signaling potential direct-to-device phone coverage across the U.S. by Elon Musk.
## Mexico Wireless Unit Sale
AT&T agreed to sell its Mexico wireless unit for $2 billion in cash, sharpening its U.S. focus and potentially changing capital-allocation strategy.
## Key takeaway

AT&T reported record internet net additions and over one million advanced connectivity customer additions for a second straight quarter, raising its 2026 profit outlook while keeping free-cash-flow targets intact.