American Tower Corporation (NYSE: AMT) Sees Positive Analyst Sentiment

American Tower Corporation (NYSE:AMT) is a leading global real estate investment trust (REIT) that owns, operates, and develops wireless and broadcast communications real estate. The company has a significant presence in the U.S. and international markets, providing infrastructure for wireless communications. Its main competitors include Crown Castle and SBA Communications.

On July 29, 2025, Goldman Sachs reaffirmed its "Buy" rating for AMT, with the stock priced at $214.71. Despite a slight decline in U.S. growth, the company's international performance is strengthening, as highlighted by Benzinga. This is reflected in the company's second-quarter results, which show a 3.2% increase in total revenue to $2.63 billion and a 1.8% rise in adjusted EBITDA to $1.75 billion.

Goldman Sachs analyst James Schneider notes that AMT's stock is expected to remain range-bound, as the results and 2025 guidance align with market expectations. Investors remain optimistic due to anticipated stronger domestic organic growth by year-end and potential cost-cutting updates in the latter half of 2025. Additionally, AMT is benefiting from macroeconomic trends, such as a weaker U.S. dollar, which is reflected in the revised guidance.

Today, AMT's stock has decreased by 4.24%, translating to a drop of $9.50, with a trading range between $211.86 and $219. Over the past year, the stock has seen a high of $243.56 and a low of $172.51. The company's market capitalization is approximately $100.51 billion, with a trading volume of 3,702,881 shares on the New York Stock Exchange.

American Tower Corporation (NYSE:AMT) is a leading global operator of wireless and broadcast communications infrastructure. The company owns and operates a vast portfolio of communication sites, including towers and data centers, which are essential for wireless communication and data transmission. As a key player in the telecommunications infrastructure sector, AMT competes with other major companies like Crown Castle and SBA Communications.

On July 29, 2025, AMT is set to release its quarterly earnings, with Wall Street estimating an earnings per share (EPS) of $2.60 and projected revenue of approximately $2.59 billion. Analysts are keen to see how AMT's performance aligns with these expectations, especially given the anticipated year-over-year decline in both revenues and adjusted funds from operations (AFFO) per share. Despite these expected declines, the services and data center segments are projected to show strong revenue growth compared to the previous year.

In the previous quarter, AMT reported an AFFO per share of $2.75, surpassing the consensus estimate of $2.60. This was driven by growth in its property and service operations segments. However, the upcoming earnings report may reflect challenges such as elevated churn in the U.S. and Canada and high interest costs, which could negatively impact the total property segment revenues.

AMT's financial metrics provide further insight into its valuation and financial health. The company has a price-to-earnings (P/E) ratio of approximately 58.86, indicating that investors are willing to pay about $58.86 for every dollar of earnings. The price-to-sales ratio stands at 10.22, suggesting that investors are paying $10.22 for every dollar of sales. These ratios highlight the market's confidence in AMT's future growth potential.

However, AMT faces potential liquidity challenges, as indicated by its current ratio of 0.55, which suggests difficulty in meeting short-term obligations. Additionally, the debt-to-equity ratio is notably high at 12.56, indicating a significant reliance on debt financing. As the earnings release approaches, investors and analysts will be closely monitoring these financial metrics to assess AMT's operational and financial health.

American Tower (NYSE:AMT) shares rose more than 4% intra-day today after the company reported first-quarter revenue that exceeded analyst estimates.

The company posted revenue of $2.56 billion for the quarter, beating the consensus forecast of $2.54 billion. Total property revenue edged up 0.2% year-over-year to $2.49 billion, supported by steady global leasing activity.

Net income fell 45.9% to $499 million, largely due to foreign currency losses, overshadowing otherwise stable operating trends. Adjusted EBITDA rose 1.9% year-over-year to $1.74 billion, reflecting modest growth in the company’s core profitability.

For full-year 2025, American Tower expects property revenue between $9.97 billion and $10.12 billion, targeting around 1.1% growth at the midpoint. Adjusted EBITDA is projected to range between $6.89 billion and $6.96 billion, implying a 1.6% increase.

American Tower (NYSE:AMT) shares rose more than 4% intra-day today after the company reported first-quarter revenue that exceeded analyst estimates.

The company posted revenue of $2.56 billion for the quarter, beating the consensus forecast of $2.54 billion. Total property revenue edged up 0.2% year-over-year to $2.49 billion, supported by steady global leasing activity.

Net income fell 45.9% to $499 million, largely due to foreign currency losses, overshadowing otherwise stable operating trends. Adjusted EBITDA rose 1.9% year-over-year to $1.74 billion, reflecting modest growth in the company’s core profitability.

For full-year 2025, American Tower expects property revenue between $9.97 billion and $10.12 billion, targeting around 1.1% growth at the midpoint. Adjusted EBITDA is projected to range between $6.89 billion and $6.96 billion, implying a 1.6% increase.

• The consensus price target for NYSE:AMT has increased to $250, indicating a bullish outlook from analysts.
• RBC Capital sets an even higher price target of $282, showcasing strong confidence in AMT's growth trajectory.
• Factors such as positive earnings reports, strategic initiatives, and increased demand for communications infrastructure contribute to the rising price targets.

American Tower Corporation (NYSE: AMT) is a leading real estate investment trust (REIT) specializing in communications infrastructure. With a portfolio of around 219,000 communications sites, AMT is a major independent owner, operator, and developer in this sector. The company plays a crucial role in supporting the growing demand for wireless communication, competing with other infrastructure providers in the market.

The consensus price target for AMT has seen a positive trend recently. Last month, analysts set an average price target of $250, reflecting optimism about the stock's potential. This increase from the previous quarter's target of $236.5 suggests a more bullish outlook on AMT's future prospects. RBC Capital has set an even higher price target of $282, indicating strong confidence in the company's growth trajectory.

Several factors could contribute to the rising price targets for AMT. Positive earnings reports or upward revisions in earnings forecasts often lead to increased analyst price targets. Additionally, strategic initiatives such as new partnerships, acquisitions, or expansions in key markets can boost investor confidence. Broader market trends, like the increased demand for communications infrastructure, also play a role in shaping analyst sentiment.

Recent developments in the market have also influenced AMT's stock potential. As highlighted by RBC Capital, the company's upcoming financial results announcement on April 29, 2025, could provide further insights into its performance. Investors should consider these factors, along with AMT's financial health and market position, when evaluating the stock's potential. For more detailed information, visiting American Tower's investor relations website could provide additional insights into their strategic direction and financial performance.

American Tower (NYSE:AMT) delivered stronger-than-expected fourth-quarter earnings, fueled by robust demand across its global infrastructure portfolio. As a result, the company’s shares gained more than 6% intra-day today.

For Q4, the cell tower operator reported adjusted funds from operations (AFFO) of $2.32 per share, surpassing both last year’s $2.29 per share and analyst expectations. Revenue increased 3.7% year-over-year to $2.55 billion, slightly ahead of the $2.52 billion forecast.

Over the full year 2024, American Tower generated AFFO of $10.54 per share, with total revenue reaching $10.13 billion, reinforcing its long-term financial stability.

Looking ahead to 2025, the company provided AFFO guidance of $10.31 to $10.50 per share, along with projected revenue between $9.92 billion and $10.07 billion. While the forecast suggests moderate growth, American Tower remains focused on expanding its strategic initiatives to sustain long-term profitability.