American Tower (AMT) Stock Forecast & Price Target

$190.51 +0.44 (+0.23%)

As of 01/17/2025 03:59 PM Eastern

American Tower - Analysts' Recommendations and Stock Price Forecast (2025)

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

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
3

Buy
9

Based on 12 Wall Street analysts who have issued ratings for American Tower in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 3 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for AMT.

Consensus Price Target

$230.67
21.08% Upside

According to the 12 analysts' twelve-month price targets for American Tower, the average price target is $230.67. The highest price target for AMT is $250.00, while the lowest price target for AMT is $196.00. The average price target represents a forecasted upside of 21.08% from the current price of $190.51.

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AMT Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	11 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$230.67	$235.08	$237.92	$221.85
Forecasted Upside	21.08% Upside	27.95% Upside	7.40% Upside	8.82% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

AMT 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.

AMT 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.

American Tower Stock vs. The Competition

Type	American Tower	Finance Companies	S&P 500
Consensus Rating Score	2.83	2.51	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	21.08% Upside	22.60% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent AMT 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	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/13/2025	Barclays 3 of 5 stars	Tim Long Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$251.00 ➝ $215.00	+23.89%
1/8/2025	Mizuho 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$221.00 ➝ $204.00	+14.76%
12/12/2024	The Goldman Sachs Group 3 of 5 stars	J. Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$260.00 ➝ $234.00	+16.98%
10/30/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$248.00 ➝ $236.00	+10.49%
10/30/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$255.00 ➝ $245.00	+14.13%
10/10/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Luebchow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$245.00 ➝ $230.00	+4.18%
9/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$240.00 ➝ $250.00	+6.89%
8/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$225.00 ➝ $236.00	+8.00%
8/14/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$212.00 ➝ $235.00	+5.05%
7/31/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$226.00 ➝ $239.00	+8.53%
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5/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Outperform ➝ Strong-Buy	$226.00 ➝ $248.00	+44.56%
4/15/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$183.00 ➝ $196.00	+10.55%
12/14/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$245.00	+16.08%
10/17/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$230.00 ➝ $200.00	+19.05%
3/30/2023	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$244.00 ➝ $234.00	+17.89%
2/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$251.00 ➝ $244.00	+23.61%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:53 PM ET.

Should I Buy American Tower Stock? AMT 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 Tuesday, January 7, 2025. Please send any questions or comments about these American Tower pros and cons to contact@marketbeat.com.

American Tower
Bull Case

Here are some ways that investors could benefit from investing in American Tower Co.:

American Tower Co. has a strong market presence as one of the largest global REITs, owning and operating over 224,000 communications sites, which positions it well for growth in the telecommunications sector.
The company recently announced a quarterly dividend of $1.62, translating to an annualized dividend of $6.48, providing a yield of approximately 3.25%. This can be attractive for income-focused investors.
Analysts have a consensus rating of "Moderate Buy" for American Tower Co., indicating positive sentiment among market experts, which can be a reassuring sign for potential investors.
Despite recent earnings challenges, the company has a return on equity of 22.01%, suggesting effective management and profitability relative to shareholder equity.
The current stock price is $199.62, which is below the consensus target price of $235.54, indicating potential for price appreciation as the market corrects.

American Tower
Bear Case

Investors should be bearish about investing in American Tower Co. for these reasons:

The company reported earnings per share (EPS) of $0.89, significantly missing analysts' expectations of $2.45, which raises concerns about its current profitability and operational efficiency.
American Tower Co. experienced a 10.5% decline in quarterly revenue year-over-year, indicating potential challenges in maintaining growth and market demand.
The company's high debt-to-equity ratio of 3.27 suggests a reliance on debt financing, which can increase financial risk, especially in a rising interest rate environment.
With a payout ratio of 273.42%, the company is paying out more in dividends than it earns, which may not be sustainable in the long term and could lead to dividend cuts.
Recent downgrades from analysts, including a shift from a "buy" to a "hold" rating, may indicate a lack of confidence in the company's short-term performance.

AMT Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for American Tower is $230.67, with a high forecast of $250.00 and a low forecast of $196.00.
: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Tower in the last twelve months. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AMT shares.
: According to analysts, American Tower's stock has a predicted upside of 21.08% based on their 12-month stock forecasts.
: American Tower has been rated by research analysts at Barclays, BMO Capital Markets, Mizuho, Scotiabank, and The Goldman Sachs Group in the past 90 days.
: Analysts like American Tower more than other "finance" companies. The consensus rating score for American Tower is 2.83 while the average consensus rating score for "finance" companies is 2.51. Learn more on how AMT compares to other companies.

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This page (NYSE:AMT) was last updated on 1/20/2025 by MarketBeat.com Staff

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American Tower (AMT) Stock Forecast & Price Target