América Móvil, S.A.B. de C.V. (AMX)

AMX Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for AMX stock have an average target of 20.6, with a low estimate of 17.5 and a high estimate of 22.6. The average target predicts an increase of 21.25% from the current stock price of 16.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$17.5	$20.6	$21.5	$22.6
Change	+3.00%	+21.25%	+26.55%	+33.02%

* Price targets were last updated on Jul 18, 2024.

Analyst Ratings

The average analyst rating for AMX stock from 8 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	7	7	6	6	6	5
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	10	10	9	9	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Leonardo Olmos UBS	UBS	Strong Buy Maintains $23 → $23	Strong Buy	Maintains	$23 → $23	+33.02%	Jul 18, 2024
Andres Coello Scotiabank	Scotiabank	Hold Maintains $19 → $19	Hold	Maintains	$19 → $19	+11.24%	Jul 17, 2024
Andres Coello Scotiabank	Scotiabank	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	+11.83%	Jun 25, 2024
Vitor Tomita Goldman Sachs	Goldman Sachs	Hold → Strong Buy Upgrades $21 → $22	Hold → Strong Buy	Upgrades	$21 → $22	+29.49%	Apr 29, 2024
Andres Coello Scotiabank	Scotiabank	Hold Maintains $17 → $17	Hold	Maintains	$17 → $17	+1.24%	Apr 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

852.26B

Increased by 4.44%

from 816.01B

Revenue Next Year

896.52B

Increased by 5.19%

from 852.26B

EPS This Year

1.20

Decreased by -0.40%

from 1.21

EPS Next Year

1.60

Increased by 32.94%

from 1.20

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	851.48B	815.40B	830.69B	844.50B	816.01B	852.26B	896.52B	939.92B
Revenue Growth	-17.99%	-4.24%	1.87%	1.66%	-3.37%	4.44%	5.19%	4.84%
EPS	1.03	0.70	-1,882.27	1.40	1.21	1.20	1.60	1.88
EPS Growth	29.87%	-31.30%	-	-	-13.86%	-0.40%	32.94%	17.49%
Forward PE	-	-	-	-	-	273.34	205.61	175.01
No. Analysts	-	-	-	-	-	11	10	7

Financial currency is MXN. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	901.1B	979.2B	1.1T
Avg	852.3B	896.5B	939.9B
Low	780.1B	803.6B	828.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.4%	14.9%	17.3%
Avg	4.4%	5.2%	4.8%
Low	-4.4%	-5.7%	-7.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.56	1.86	2.28
Avg	1.20	1.60	1.88
Low	0.81	1.39	1.63

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	29.6%	54.6%	42.6%
Avg	-0.4%	32.9%	17.5%
Low	-32.6%	15.7%	1.8%

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.