American Tower (NYSE:AMT) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says

Key Points

• Sanford C. Bernstein raised its price target on American Tower to $207 (from $205) while maintaining a "market perform" rating, implying roughly a 16.35% upside
• Q1 results topped expectations — EPS $2.84 vs. $1.59 and revenue $2.74B vs. $2.65B — and management raised FY‑2026 EPS guidance to $10.90–11.07, citing strong data‑center/CoreSite leasing and AI-driven demand.
• Shares traded at $177.91 (down ~0.3%) with a P/E of 33.06 and debt/equity of 3.27; insider activity was mixed as COO Eugene Noel sold 41,209 shares while a director purchased 2,671 shares, reflecting differing insider moves.

American Tower (NYSE:AMT - Get Free Report) had its target price increased by stock analysts at Sanford C. Bernstein from $205.00 to $207.00 in a report issued on Tuesday,MarketScreener reports. The firm presently has a "market perform" rating on the real estate investment trust's stock. Sanford C. Bernstein's price target would suggest a potential upside of 16.35% from the company's previous close.

Several other equities analysts also recently issued reports on the stock. Morgan Stanley reduced their price objective on shares of American Tower from $225.00 to $220.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 25th. Royal Bank Of Canada reduced their price objective on shares of American Tower from $220.00 to $195.00 and set a "sector perform" rating on the stock in a research note on Monday, January 12th. Jefferies Financial Group upped their price objective on shares of American Tower from $209.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, April 14th. The Goldman Sachs Group reduced their price objective on shares of American Tower from $230.00 to $210.00 and set a "buy" rating on the stock in a research note on Friday, January 16th. Finally, Truist Financial started coverage on shares of American Tower in a research note on Tuesday, March 31st. They set a "buy" rating and a $205.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, American Tower currently has an average rating of "Moderate Buy" and an average price target of $217.43.

American Tower Trading Down 0.3%

Shares of AMT traded down $0.49 on Tuesday, hitting $177.91. 90,897 shares of the stock traded hands, compared to its average volume of 3,195,287. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 3.27. The firm has a market capitalization of $82.92 billion, a P/E ratio of 33.06, a P/E/G ratio of 0.74 and a beta of 0.92. The stock's 50 day moving average is $180.25 and its two-hundred day moving average is $180.05. American Tower has a 1 year low of $165.08 and a 1 year high of $234.33.

American Tower (NYSE:AMT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $1.25. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.65 billion. American Tower had a net margin of 23.76% and a return on equity of 24.36%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, sell-side analysts predict that American Tower will post 10.59 earnings per share for the current year.

Insider Activity

In other news, COO Eugene M. Noel sold 41,209 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $191.05, for a total value of $7,872,979.45. Following the completion of the sale, the chief operating officer owned 29,592 shares in the company, valued at approximately $5,653,551.60. This trade represents a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rajesh Kalathur bought 2,671 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the acquisition, the director owned 4,936 shares in the company, valued at approximately $914,640.80. This trade represents a 117.92% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.08% of the company's stock.

Institutional Trading of American Tower

Several large investors have recently bought and sold shares of the company. SOA Wealth Advisors LLC. boosted its stake in shares of American Tower by 36.7% in the third quarter. SOA Wealth Advisors LLC. now owns 205 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 55 shares during the period. Riverwater Partners LLC increased its stake in American Tower by 3.8% during the 4th quarter. Riverwater Partners LLC now owns 1,536 shares of the real estate investment trust's stock worth $270,000 after buying an additional 56 shares during the period. Triumph Capital Management increased its stake in American Tower by 37.3% during the 4th quarter. Triumph Capital Management now owns 206 shares of the real estate investment trust's stock worth $36,000 after buying an additional 56 shares during the period. Personal CFO Solutions LLC lifted its holdings in American Tower by 3.5% in the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust's stock worth $293,000 after buying an additional 57 shares in the last quarter. Finally, Pines Wealth Management LLC boosted its position in American Tower by 4.1% in the 3rd quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust's stock valued at $286,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company's stock.

Key American Tower News

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q1 results topped expectations: FFO of $2.84/sh and revenue of $2.74B beat consensus, and management raised FY‑2026 EPS guidance to $10.90–11.07 (above the Street). That drove upside to near‑term earnings and outlook. American Tower Reports First Quarter 2026 Financial Results
• Positive Sentiment: Data‑center and CoreSite momentum: management highlighted robust leasing and cloud/AI-driven demand for data‑center capacity; CoreSite is rolling out 100Gbps EVCs, supporting higher-margin leasing opportunities. These trends underpin the raised outlook. American Tower Lifts Outlook Amid Data Center Surge
• Neutral Sentiment: Analyst reactions are mixed: Barclays trimmed its price target slightly and kept an Equal Weight rating; some shops are cautious despite the beat, leaving near‑term multiple compression possible. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
• Neutral Sentiment: Income appeal: AMT is being highlighted in high‑yield/dividend growth lists (yield ~3.9%), which can support demand from income‑oriented investors but may cap upside vs. growth names. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Critical takes and a rating downgrade emerged: at least one firm argued the shares lack near‑term catalysts and downgraded the stock, which can weigh on investor sentiment despite the beat. American Tower: There's Nothing To Wake The Stock Up (Rating Downgrade)
• Negative Sentiment: Operational headwinds: management noted margin pressures and uneven regional growth that could limit near‑term margin expansion and complicate execution. American Tower Corp (AMT) Q1 2026 Earnings Call Highlights: Strong Data Center Growth and ...

About American Tower

American Tower NYSE: AMT is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company's core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.

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