BMO Capital Markets Forecasts Strong Price Appreciation for American Tower (NYSE:AMT) Stock

American Tower (NYSE:AMT) had its price objective lifted by equities research analysts at BMO Capital Markets from $185.00 to $200.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage presently has a “market perform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target would suggest a potential upside of 7.02% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. HSBC dropped their target price on shares of American Tower from $235.00 to $205.00 in a research report on Wednesday, October 29th. Scotiabank decreased their price target on American Tower from $248.00 to $220.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 14th. UBS Group dropped their price target on American Tower from $260.00 to $254.00 and set a “buy” rating for the company in a report on Tuesday, January 20th. Barclays reiterated an “equal weight” rating and set a $200.00 price target (down from $203.00) on shares of American Tower in a research report on Monday, December 1st. Finally, New Street Research upgraded shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price objective for the company in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.26.

American Tower Stock Performance

Shares of American Tower stock traded down $3.31 on Wednesday, reaching $186.88. The stock had a trading volume of 253,743 shares, compared to its average volume of 3,132,111. American Tower has a fifty-two week low of $166.88 and a fifty-two week high of $234.33. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of $87.49 billion, a P/E ratio of 29.99, a price-to-earnings-growth ratio of 0.79 and a beta of 0.93. The business’s 50-day moving average price is $178.43 and its two-hundred day moving average price is $185.79.

American Tower (NYSE:AMT) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.54 by ($0.79). American Tower had a net margin of 28.11% and a return on equity of 28.79%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period last year, the company earned $2.62 earnings per share. American Tower’s revenue for the quarter was up 7.5% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. On average, sell-side analysts forecast that American Tower will post 10.14 EPS for the current year.

Insider Transactions at American Tower

In other news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the sale, the insider owned 211,379 shares of the company’s stock, valued at $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

Institutional Trading of American Tower

Several hedge funds have recently bought and sold shares of AMT. Brighton Jones LLC raised its holdings in shares of American Tower by 113.0% during the fourth quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock worth $727,000 after acquiring an additional 2,104 shares during the period. Sivia Capital Partners LLC increased its holdings in American Tower by 34.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock worth $319,000 after purchasing an additional 368 shares in the last quarter. United Bank raised its stake in shares of American Tower by 12.7% in the 2nd quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock valued at $1,434,000 after purchasing an additional 733 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of American Tower by 19.3% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 75,484 shares of the real estate investment trust’s stock valued at $16,683,000 after purchasing an additional 12,200 shares in the last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its position in shares of American Tower by 15.0% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 7,262 shares of the real estate investment trust’s stock worth $1,605,000 after buying an additional 948 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q4 results beat key operating/FFO metrics: AFFO/FFO came in stronger than consensus and revenue rose ~7.5% y/y, supporting the company’s cash?flow outlook. American Tower’s Q4 AFFO & Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Data?center expansion and robust leasing demand across towers were highlighted by management as durable growth drivers, helping offset other pressures. American Tower posts upbeat revenue on strong leasing activity amid 5G, data-center growth
• Positive Sentiment: Management set FY?2026 EPS guidance of $10.78–$10.95, a range above many prior consensus expectations — a forward signal of confidence in AFFO trajectory. American Tower Corporation Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: The earnings presentation and call transcript provide more detail on regional performance, portfolio activity and capital allocation for investors doing deeper diligence. American Tower Corporation (AMT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: DISH Network has defaulted on lease payments to AMT; the company is pursuing legal remedies and has updated its 2026 outlook to reflect the lost DISH lease revenue, creating a near?term earnings/visibility risk in the U.S. tower business. American Tower Weighs DISH Default Against Data Center Growth And Valuation
• Negative Sentiment: Some coverage framed the FY?2026 outlook as conservative and noted management is pushing cost efficiencies to bridge near?term gaps — signaling investor concern about near?term growth versus long?term strategy. American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat

About American Tower

American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.