American Tower Corporation (AMT)

American Tower Stock Forecast

Stock Price Forecast

The 17 analysts that cover American Tower stock have a consensus rating of "Strong Buy" and an average price target of $243.82, which forecasts a 24.21% increase in the stock price over the next year. The lowest target is $204 and the highest is $260.

Price Target: $243.82 (+24.21%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$204	$243.82	$248	$260
Change	+3.92%	+24.21%	+26.34%	+32.45%

Analyst Ratings

The average analyst rating for American Tower stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	5	7	7	7	7	5
Buy	9	10	10	10	11	11
Hold	2	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	18	18	18	19	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Long Barclays	Barclays	Buy Maintains $246 → $250	Buy	Maintains	$246 → $250	+27.36%	Aug 18, 2025
Jonathan Atkin RBC Capital	RBC Capital	Buy Maintains $250 → $260	Buy	Maintains	$250 → $260	+32.45%	Jul 31, 2025
Ric Prentiss Raymond James	Raymond James	Strong Buy Maintains $251 → $250	Strong Buy	Maintains	$251 → $250	+27.36%	Jul 30, 2025
Eric Luebchow Wells Fargo	Wells Fargo	Buy Maintains $240 → $230	Buy	Maintains	$240 → $230	+17.17%	Jul 30, 2025
Richard Choe JP Morgan	JP Morgan	Buy Maintains $250 → $255	Buy	Maintains	$250 → $255	+29.90%	Jul 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

10.59B

Increased by 4.57%

from 10.13B

Revenue Next Year

11.07B

Increased by 4.53%

from 10.59B

EPS This Year

5.45

Increased by 13.14%

from 4.82

EPS Next Year

7.16

Increased by 31.27%

from 5.45

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.04B	9.36B	9.65B	10.01B	10.13B	10.59B	11.07B
Revenue Growth	6.08%	16.36%	3.08%	3.80%	1.15%	4.57%	4.53%
EPS	3.79	5.66	3.81	3.18	4.82	5.45	7.16
EPS Growth	-10.61%	49.34%	-32.64%	-16.66%	51.71%	13.14%	31.27%
Forward PE	-	-	-	-	-	35.99	27.42
No. Analysts	-	-	-	-	-	18	18

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	11.1B	11.7B
Avg	10.6B	11.1B
Low	10.2B	10.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	9.4%	10.5%
Avg	4.6%	4.5%
Low	0.3%	-0.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	7.12	7.90
Avg	5.45	7.16
Low	4.86	6.12

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	47.7%	44.8%
Avg	13.1%	31.3%
Low	0.8%	12.1%

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.