American Tower (AMT)
NYSEReal EstateReit - SpecialtySnapshot 2026-10-29
$185.88+1.16%
Close 2026-10-29 · 1-day change
NYSEReal EstateReit - SpecialtySnapshot 2026-10-29
Research Workspace
Put AMT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Real Estate is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 5% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskMostly healthy — no soft spokes
AMT's data center growth and tower operations are the core case for durable revenue growth. Revenue growth slowed from 6.8% in Q1 to 2.5% in Q3, despite the latest earnings and revenue beat. AMT trades at 16× P/FFO versus a 12× peer median. The price reflects less growth than our forecast, despite that premium. A next-quarter miss probability of 24% adds execution risk. A guidance reversal after its recent increase could damage credibility. Peer multiples imply a price about 9% below where it trades. This read is provisional.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Trailing returns as of 2026-10-29. AMT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 25 analysts currently covering AMT (as of Oct 2026).
Based on 5 Wall Street analysts offering 12-month price targets for AMT in the last 4 months.
Current $185.88
The last 12 months of price, then the range of analyst 12-month targets from today’s $185.88.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare AMT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| AMT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
A price-focused, side-by-side fair-value read versus Real Estate (broad) — fair value, gap to price, and forward P/E.
Compare the value case
Put AMT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive durable revenue growth and operational excellence
Higher data center growth outlook and long-term tower margin target support durable growth and operational efficiency.
Advances: Enhance financial performance
Earnings and revenue beat, alongside updated guidance, support financial performance; the headline lacks details on outlook.
Advances: Manage executive transitions and talent
Official board appointment addresses governance and talent oversight; distribution is routine.
Maintain disciplined capital allocation and balance sheet strength
Debt issuance and repayment financing affect capital structure, with no stated leverage deterioration.
Maintain disciplined capital allocation and balance sheet strength
Notes offering funds debt repayment; refinancing is material but broadly balance-sheet neutral.
Advances: Drive durable revenue growth and operational excellence
Company growth drivers span 5G, AI, and CoreSite demand.
Threatens: Drive durable revenue growth and operational excellence
Projected 2026 growth trough delays growth, despite later demand catalysts.
Advances: Drive durable revenue growth and operational excellence
Growth catalysts align with revenue growth objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.