American Tower Corporation (AMT)
NYSE: AMT · Real-Time Price · USD
204.31
+1.50 (0.74%)
Nov 22, 2024, 4:00 PM EST - Market closed
American Tower Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for American Tower stock have an average target of 235.43, with a low estimate of 196 and a high estimate of 251. The average target predicts an increase of 15.23% from the current stock price of 204.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for American Tower stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 6 | 6 | 5 | 5 |
| Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 14 | 15 | 15 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $255 → $251 | Buy | Maintains | $255 → $251 | +22.85% | Nov 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $248 → $236 | Buy | Maintains | $248 → $236 | +15.51% | Oct 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $255 → $245 | Buy | Maintains | $255 → $245 | +19.92% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $223 → $255 | Buy | Maintains | $223 → $255 | +24.81% | Oct 10, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $245 → $230 | Buy → Hold | Downgrades | $245 → $230 | +12.57% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
10.65B
Revenue Next Year
10.50B
from 10.65B
Decreased by -1.49%
EPS This Year
5.58
from 3.18
Increased by 75.38%
EPS Next Year
6.86
from 5.58
Increased by 22.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.7B | 11.4B | 13.0B | ||
| Avg | 10.7B | 10.5B | 11.1B | ||
| Low | 9.9B | 10.0B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 7.4% | 24.0% | ||
| Avg | - | -1.5% | 5.9% | ||
| Low | - | -6.6% | -5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.80 | 7.67 | 8.21 | ||
| Avg | 5.58 | 6.86 | 7.06 | ||
| Low | 3.38 | 6.17 | 4.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 208.1% | 37.4% | 19.7% | ||
| Avg | 75.4% | 23.0% | 2.9% | ||
| Low | 6.3% | 10.7% | -34.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.