América Móvil (AMX) Stock Forecast & Price Target

$15.10 +0.09 (+0.60%)

(As of 11/15/2024 ET)

América Móvil - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 5 Analyst Ratings

Sell
1

Hold
1

Buy
3

Based on 5 Wall Street analysts who have issued ratings for América Móvil in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 1 has given a sell rating, 1 has given a hold rating, and 3 have given a buy rating for AMX.

Consensus Price Target

$19.48
29.03% Upside

According to the 5 analysts' twelve-month price targets for América Móvil, the average price target is $19.48. The highest price target for AMX is $22.60, while the lowest price target for AMX is $17.30. The average price target represents a forecasted upside of 29.03% from the current price of $15.10.

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AMX Analyst Ratings Over Time

Type	Current Forecast 11/18/23 to 11/17/24	1 Month Ago 10/19/23 to 10/18/24	3 Months Ago 8/20/23 to 8/19/24	1 Year Ago 11/18/22 to 11/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$19.48	$20.32	$21.39	$22.21
Forecasted Upside	29.03% Upside	18.59% Upside	22.82% Upside	25.50% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Hold

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AMX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AMX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

América Móvil Stock vs. The Competition

Type	América Móvil	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.40	2.67	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	29.03% Upside	551.81% Upside	9.87% Upside
News Sentiment Rating	Neutral News See Recent AMX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/15/2024	The Goldman Sachs Group 2 of 5 stars	Lower Target	Buy ➝ Buy	$20.80 ➝ $17.80	+18.55%
10/16/2024	Scotiabank 5 of 5 stars	Lower Target	Sector Perform ➝ Sector Perform	$17.80 ➝ $17.30	+3.16%
7/18/2024	UBS Group 4 of 5 stars	Lower Target	Buy ➝ Buy	$23.30 ➝ $22.60	+27.25%
4/1/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$15.00 ➝ $17.50	-6.77%
2/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$19.16 ➝ $22.22	+24.41%
10/20/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$21.50	+29.99%
Get the Latest News and Ratings for AMX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for América Móvil and its competitors with MarketBeat's FREE daily newsletter.
10/5/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$23.00 ➝ $25.00	+48.10%
8/17/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$23.50	+26.07%
5/16/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$21.00 ➝ $27.00	+18.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:18 PM ET.

Should I Buy América Móvil Stock? AMX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, November 2, 2024. Please send any questions or comments about these América Móvil pros and cons to contact@marketbeat.com.

América Móvil
Bull Case

Here are some ways that investors could benefit from investing in América Móvil, S.A.B. de C.V.:

América Móvil's stock price has shown resilience, currently trading at $16.85, with a market cap of $51.98 billion, indicating stability in the company's valuation.
The company has consistently provided a semi-annual dividend, with the latest dividend payout ratio at 25.00%, offering investors a steady income stream.
Institutional investors, including hedge funds, have been increasing their stakes in América Móvil, signaling confidence in the company's future growth prospects.
América Móvil has a diverse range of telecommunications services, including wireless and fixed voice services, catering to a broad customer base and potentially ensuring revenue stability.
The company's return on equity of 7.73% and net margin of 3.98% demonstrate operational efficiency and profitability, which could attract investors seeking solid financial performance.

América Móvil
Bear Case

Investors should be bearish about investing in América Móvil, S.A.B. de C.V. for these reasons:

América Móvil reported an EPS of ($0.02) for the quarter, missing analysts' consensus estimates by ($0.36), indicating potential volatility in earnings performance.
The company's revenue of $11.93 billion for the quarter fell short of analyst estimates, suggesting possible challenges in revenue generation and growth.
With a debt-to-equity ratio of 0.98, América Móvil has a significant level of debt, which could pose risks in times of economic uncertainty or rising interest rates.
The stock's trading volume and price fluctuations may indicate market volatility, potentially leading to unpredictable stock movements that could impact investor returns.
Despite recent institutional investor interest, the company's performance may still be subject to regulatory changes, competitive pressures, and technological disruptions in the telecommunications industry.

AMX Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for América Móvil is $19.48, with a high forecast of $22.60 and a low forecast of $17.30.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for América Móvil in the last twelve months. There is currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMX, but not buy additional shares or sell existing shares.
: According to analysts, América Móvil's stock has a predicted upside of 29.03% based on their 12-month stock forecasts.
: América Móvil has been rated by research analysts at Scotiabank, and The Goldman Sachs Group in the past 90 days.
: Analysts like América Móvil less than other "computer and technology" companies. The consensus rating for América Móvil is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how AMX compares to other companies.

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This page (NYSE:AMX) was last updated on 11/17/2024 by MarketBeat.com Staff

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América Móvil (AMX) Stock Forecast & Price Target