América Móvil, SAB de CV (AMX)
NYSE: AMX · IEX Real-Time Price · USD
18.66
-0.13 (-0.69%)
Mar 28, 2024, 4:00 PM EDT - Market closed

América Móvil Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for América Móvil stock have an average target of 21.88, with a low estimate of 17.5 and a high estimate of 27. The average target predicts an increase of 17.26% from the current stock price of 18.66.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17.5 $21.88 $22.22 $27
Change -6.22% +17.26% +19.08% +44.69%
* Price targets were last updated on Feb 26, 2024.

Analyst Ratings

The average analyst rating for América Móvil stock from 9 stock analysts 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 555566
Buy 000000
Hold 222232
Sell 111111
Strong Sell 000000
Total 8888109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Maintains
$20$21
Hold Maintains $20$21 +12.54% Feb 26, 2024
Jefferies
Jefferies
Strong Buy
Upgrades
$19$22
Strong Buy Upgrades $19$22 +19.08% Feb 16, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$20$20
Hold Maintains $20$20 +4.50% Jan 31, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$19$20
Hold Maintains $19$20 +7.18% Jan 17, 2024
UBS
UBS
Strong Buy
Maintains
$21$23
Strong Buy Maintains $21$23 +22.19% Jan 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
835.95B
from 844.50B
Decreased by -1.01%
Revenue Next Year
848.81B
from 835.95B
Increased by 1.54%
EPS This Year
1.30
from 23.80
Decreased by -94.54%
EPS Next Year
1.47
from 1.30
Increased by 13.32%
Year 20202021202220232024202520262027
Revenue
815.40B830.69B844.50B835.95B848.81B881.76B918.39B889.98B
Revenue Growth
-1.87%1.66%-1.01%1.54%3.88%4.15%-3.09%
EPS
14.0058.2023.801.301.471.721.981.71
EPS Growth
-315.71%-59.11%-94.54%13.32%17.14%14.72%-13.42%
No. Analysts ---1111774
Financial currency is MXN. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 868.9B 901.1B 931.0B 986.0B 938.7B
Avg 835.9B 848.8B 881.8B 918.4B 890.0B
Low 782.0B 780.1B 803.6B 828.1B 841.4B

Revenue Growth

Revenue Growth 20232024202520262027
High
2.9%
7.8%
9.7%
11.8%
2.2%
Avg
-1.0%
1.5%
3.9%
4.2%
-3.1%
Low
-7.4%
-6.7%
-5.3%
-6.1%
-8.4%

EPS Forecast

EPS 20232024202520262027
High 1.72 1.71 1.92 2.25 1.80
Avg 1.30 1.47 1.72 1.98 1.71
Low 0.99 1.24 1.46 1.66 1.61

EPS Growth

EPS Growth 20232024202520262027
High
-92.8%
31.8%
30.6%
30.3%
-9.1%
Avg
-94.5%
13.3%
17.1%
14.7%
-13.4%
Low
-95.8%
-4.2%
-0.8%
-3.9%
-18.5%
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.