10 Most Undervalued US Stocks According to Hedge Funds

7. AT&T Inc. (NYSE:T)

Forward Price to Earnings Ratio: 10.37

Number of Hedge Fund Holders: 77

AT&T Inc. (NYSE:T) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 12, AT&T Inc. (NYSE:T) announced its partnership with Lexus to integrate the company’s 5G network connectivity into the Lexus vehicle lineup. This integration will make its debut on the redesigned 2026 Lexus ES.

​Management noted that the Lexus Interface multimedia system will benefit from this integration by offering an improved home screen, faster responsiveness, enhanced Voice Assistant capabilities, and expanded entertainment options. Moreover, drivers would be able to access native full-screen navigation directly in the digital gauge cluster behind the steering wheel.

​Notably, management noted that an AT&T Connected Car would allow passengers to connect up to five Wi-Fi-capable devices at 5G speeds, supporting streaming, browsing, and remote work on the go. AT&T has a longstanding history with automotive manufacturers and has had similar 5G connectivity for Toyota vehicles since October 2025. The company claims to cover more roads than any other carrier in the United States. The enhanced Lexus Interface will first appear on the 2026 Lexus ES before expanding to future Lexus models, laying the groundwork for next-generation connected vehicle services.

​AT&T Inc. (NYSE:T) provides telecommunications and technology services and operates through the Communications and Latin America segments. Its Communications segment offers wireline telecom, wireless, and broadband services in the US and globally, while the Latin America segment manages services in Mexico.