American Tower (AMT)
NYSEReal EstateReit - SpecialtySnapshot 2026-07-07
$165.21+1.91%
Close 2026-07-07 · 1-day change
Reading AMT? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track AMT free→NYSEReal EstateReit - SpecialtySnapshot 2026-07-07
Reading AMT? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track AMT free→Warn: Primary pillar under pressure — Revenue grows at least 3% per year: 6.8% vs 7%.
American Tower owns many wireless towers in many countries. Revenue grew 6.8% last quarter. The company raised 2026 revenue guidance to about $10.7 billion. It has a strong position in a growing market.
Revenue growth could slow below 3%. Management is behind on capital allocation. Legal issues with DISH Wireless may hurt business. Profit growth may weaken if problems worsen.
The price is about 6% below our fair value near $175. Analysts expect about 3% revenue growth. Our fair value is 16% below the Street median, showing cautious optimism.
Breaks if: Capital allocation remains ineffective or worsens
Prioritize effective capital allocation to enhance shareholder value and support strategic initiatives.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Revenue or EPS guidance falls below current targets
Focus on improving financial metrics through strategic initiatives and operational efficiency.
Stated in 6 of last 6 quarters. Revenue grew from $2,563 million in 2025-Q1 to $2,738 million in 2026-Q1. The trajectory is delivering on management's stated focus on enhancing financial performance.
“CEO: 'We had an excellent start to 2026... well positioned to drive durable growth.'”
“CEO: 'We delivered another strong year, achieving high-single-digit growth in AFFO per Share.'”
“CEO: 'We delivered another strong quarter, resulting in mid-to-high single-digit growth in revenue.'”
“CEO: 'Demand for our high-quality global portfolio of telecommunications sites continued into the second quarter.'”
“CEO: 'The solid leasing trends we saw over the course of 2024 carried into the first quarter.'”
“CEO: 'We posted another year of solid results at American Tower, delivering AFFO per Share growth.'”
Breaks if: YoY revenue growth falls below 3% next year
Focus on improving financial metrics through strategic initiatives and operational efficiency.
Stated in 6 of last 6 quarters. Revenue grew from $2,563 million in 2025-Q1 to $2,738 million in 2026-Q1. The trajectory is delivering on management's stated focus on enhancing financial performance.
“CEO: 'We had an excellent start to 2026... well positioned to drive durable growth.'”
“CEO: 'We delivered another strong year, achieving high-single-digit growth in AFFO per Share.'”
“CEO: 'We delivered another strong quarter, resulting in mid-to-high single-digit growth in revenue.'”
“CEO: 'Demand for our high-quality global portfolio of telecommunications sites continued into the second quarter.'”
“CEO: 'The solid leasing trends we saw over the course of 2024 carried into the first quarter.'”
“CEO: 'We posted another year of solid results at American Tower, delivering AFFO per Share growth.'”