American Tower Corporation (AMT)
NYSE: AMT · IEX Real-Time Price · USD
173.35
-0.83 (-0.48%)
Apr 24, 2024, 4:00 PM EDT - Market closed
American Tower Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for American Tower stock have an average target of 215.7, with a low estimate of 196 and a high estimate of 245. The average target predicts an increase of 24.43% from the current stock price of 173.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for American Tower stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 4 | 4 | 3 | 2 |
| Buy | 9 | 9 | 9 | 7 | 7 | 6 |
| Hold | 2 | 2 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 14 | 12 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $183 → $196 | Hold | Maintains | $183 → $196 | +13.07% | Apr 15, 2024 |
| Mizuho | Mizuho | Hold Initiates $205 | Hold | Initiates | $205 | +18.26% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $224 → $234 | Buy | Maintains | $224 → $234 | +34.99% | Mar 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $236 → $230 | Buy | Maintains | $236 → $230 | +32.68% | Feb 28, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $235 → $228 | Buy | Maintains | $235 → $228 | +31.53% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
11.29B
from 11.14B
Increased by 1.32%
Revenue Next Year
11.12B
from 11.29B
Decreased by -1.50%
EPS This Year
7.13
from 3.18
Increased by 124.35%
EPS Next Year
7.35
from 7.13
Increased by 3.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.9B | 12.5B | 13.1B | 14.1B | 15.0B |
| Avg | 11.3B | 11.1B | 11.6B | 13.6B | 14.5B |
| Low | 10.7B | 10.2B | 10.6B | 13.2B | 14.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 10.7% | 17.9% | 21.5% | 10.7% |
| Avg | 1.3% | -1.5% | 4.6% | 16.8% | 6.5% |
| Low | -3.6% | -9.6% | -5.1% | 13.2% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.95 | 8.56 | 8.95 | 8.61 | 7.52 |
| Avg | 7.13 | 7.35 | 7.92 | 7.45 | 7.23 |
| Low | 4.80 | 6.62 | 7.01 | 6.42 | 7.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 150.0% | 19.9% | 21.6% | 8.7% | 0.9% |
| Avg | 124.4% | 3.1% | 7.7% | -6.0% | -2.9% |
| Low | 51.0% | -7.1% | -4.7% | -19.0% | -5.8% |
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.