American Tower Corp AMT
Stock research in plain language · As of Oct 25, 2026 · updated once a week, after the trading week closes

Daily candles, 50 and 200-day averages and volume · updated every trading day · click to open the live chart
What the company does
American Tower Corp is a large-cap company in the Real Estate sector (REIT - Specialty), with a market value of $88.1B, based in the USA.
It employs about 4,866 people and has been listed since Jun 05, 1998.
American Tower Corporation one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.
Cheap or expensive? no comparison basis
Price-to-earnings (p/e): 26.0. We have no good comparison group for this stock, so the number stands alone.
Revenue is growing 5% versus the same quarter last year.
On analysts' next-year forecasts the multiple drops to 25.3 — they expect higher earnings.
The average analyst price target is 215.74, 14% above the current price (their view, not ours).
The stock sits at 69% of its one-year range (0% = the low, 100% = the high).
The risks
- ⚠️ Net debt is 11.6× shareholders' equity — high leverage.
- • Quarterly report in 2 days (2026-10-27) — a day the stock can move a lot.
Strengths
- ✅ Profitable — 32 of every 100 dollars of revenue stays as profit.
- ✅ Generates free cash flow — profit becomes cash in the bank.
- ✅ Most analysts rate it buy (22 vs 0).
- ✅ Pays a dividend (3.8% a year).
What changed this week
Over the past week the stock rose 2.0% (for comparison: S&P 500 -0.4%, sector ETF XLRE +1.0%).
It set a new one-year high this week.
This week's news
- Does Higher Data Center Guidance Change The Bull Case For American Tower Stock (AMT)? finance.yahoo.com · 2026-10-24
What the article says
American Tower raised its full-year data center revenue growth outlook to about 15%, citing record leasing activity and healthier demand trends across that segment. The updated guidance highlights how data centers are becoming a more meaningful driver alongside American Tower's tower portfolio, with leasing momentum… source ↗
- Real estate stocks trade mixed as earnings releases pick pace seekingalpha.com · 2026-10-24
What the article says
[REIT. Real estate investment trust. Financial Market. Hand pressing button on screen] Funtap/iStock via Getty Images Real estate stocks traded mixed in a week that saw earnings releases gain momentum. The S&P 500 Real Estate Index Sector (SP500-60) increased 0.86% week-over-week to 271.41 points, while the… source ↗
- American Tower (AMT) Heads Into Earnings As Its Undervalued Narrative Faces A Big Test finance.yahoo.com · 2026-10-24
What the article says
American Tower (AMT) heads into its third quarter 2026 earnings release on October 27, with investor attention fixed on how tower leasing, global sites and data center trends are shaping the overall story. The recent 1 month share price return of 10.65% and 90 day gain of 13.38% suggest momentum has picked up for… source ↗
- American Tower (AMT) Stock Could Still Be A Bargain Following A 22% Run finance.yahoo.com · 2026-10-24
What the article says
American Tower has delivered a mixed ride for holders in recent years, and the recent share price around US$188.97 puts fresh focus on whether that level is supported by the cash the business can generate. For anyone looking at the stock today, the real issue is how that current quote lines up against an intrinsic… source ↗
- SpaceX wants to be America's fourth phone carrier — tower owners are cashing in finance.yahoo.com · 2026-10-23
What the article says
SpaceX wants to be America's fourth phone carrier — tower owners are cashing in Elon Musk's SpaceX doesn't just want to beam the internet from space. It wants to sell you a phone plan, and the companies that own the cell towers are already cashing in. SpaceX (SPCX) is in talks for access to at least 80,000 US cell… source ↗
- Crown Castle Stock and Others Get a Huge Boost From SpaceX’s Cell Tower Push finance.yahoo.com · 2026-10-23
What the article says
SpaceX is working to secure access to cell towers just weeks after buying more wireless spectrum. It’s upending wireless stocks. Continue Reading source ↗
What changed since last week
No material change: same valuation verdict, same risk flags, price moved less than 3%.
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group. Educational information only — not investment advice. Not a registered investment adviser or broker-dealer.