AMERICA MOVIL SAB DE CV (AMX)

NYSECommunication ServicesTelecommunications ServicesSnapshot 2026-10-16

$22.91+2.14%

Close 2026-10-16 · 1-day change

Read the published Living FV report summary

Investment OutlookAs of Oct 16, 2026

What could strengthen or challenge AMERICA MOVIL SAB DE CV’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Oct 4, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-1.9%

+10% or more+5%0%−5%−10% or less

38.02 → 37.31 EPS · FY ending Dec 31, 2027 · 5 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 16, 2026 to Oct 16, 2026: (new ÷ prior − 1). Contributor count changed from 5 to 5; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Living FV™

Living Fair Value by QuarterlyIQ

A valuation that evolves as the business changes.

A published Living FV snapshot is not available yet. The valuation workflow remains discoverable; a market target cannot supply the missing evidence.

View Living FV report and workflow

What the Thesis Depends On

Three key conditions need to be met for the investment thesis to play out.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
EBITDA growth outpaces revenue growth	EBITDA growth outpaces revenue growth, indicating operational strength.	Intact	EBITDA growth does not exceed revenue growth by 3%	EBITDA margin: 41.13% FY2026-Q2; GAAP. Published target: >=3% EBITDA growth above revenue growth. Target period is not explicitly aligned with this observation. Source published Jun 30, 202641.134278 percent · calculatedSource reportLast status assessment Oct 15, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Market sentiment improves towards the stock	A supporting condition in AMERICA MOVIL SAB DE CV's published investment case. The stated target is Positive analyst upgrades.	Improving	Analyst upgrades do not occur	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 15, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Subscriber growth remains strong	America Movil shows strong subscriber growth, which supports future revenue.	Intact	Subscriber growth falls below 5% YoY	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 15, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Oct 4, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$37.31

$2.09 → $37.31 · observed estimates

FY2027 revenue$1011.78B

$1016.64B → $1011.78B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$2.09	$1,016,642,151,840	7 / 16
2026-07-25	$2.10	$1,019,272,898,230	7 / 16
2026-07-26	$2.10	$1,019,272,898,230	7 / 16
2026-07-27	$2.10	$1,019,272,898,230	7 / 16
2026-07-28	$2.10	$1,019,272,898,230	7 / 16
2026-07-29	$2.10	$1,019,594,430,650	7 / 16
2026-07-30	$2.10	$1,019,594,430,650	7 / 16
2026-07-31	$2.10	$1,019,557,243,150	7 / 16
2026-08-01	$2.10	$1,019,557,243,150	7 / 16
2026-08-02	$2.10	$1,019,557,243,150	7 / 16
2026-08-03	$2.10	$1,019,557,243,150	7 / 16
2026-08-04	$2.10	$1,019,090,251,520	7 / 16
2026-08-05	$2.10	$1,019,090,251,520	7 / 16
2026-08-06	$2.10	$1,019,090,251,520	7 / 16
2026-08-07	$37.22	$1,025,304,576,902	5 / 9
2026-08-08	$2.10	$1,019,090,251,520	7 / 16
2026-08-09	$2.10	$1,019,090,251,520	7 / 16
2026-08-10	$2.10	$1,019,090,251,520	7 / 16
2026-08-11	$2.10	$1,019,090,251,520	7 / 16
2026-08-12	$2.10	$1,019,090,251,520	7 / 16
2026-08-13	$2.10	$1,019,090,251,520	7 / 16
2026-08-14	$37.22	$1,025,304,576,902	5 / 9
2026-08-15	$37.22	$1,025,304,576,902	5 / 9
2026-08-16	$37.22	$1,025,304,576,902	5 / 9
2026-08-17	$37.22	$1,025,304,576,902	5 / 9
2026-08-18	$37.22	$1,025,304,576,902	5 / 9
2026-08-19	$37.22	$1,025,304,576,902	5 / 9
2026-08-20	$38.23	$1,048,553,946,718	5 / 9
2026-08-21	$38.21	$1,048,010,049,049	5 / 9
2026-08-22	$38.21	$1,048,010,049,049	5 / 9
2026-08-23	$38.21	$1,048,010,049,049	5 / 9
2026-08-24	$38.21	$1,048,010,049,049	5 / 9
2026-08-25	$38.29	$1,050,144,489,068	5 / 9
2026-08-26	$38.26	$1,049,433,009,062	5 / 9
2026-08-27	$38.26	$1,049,433,009,062	5 / 9
2026-08-28	$38.26	$1,049,433,009,062	5 / 9
2026-08-29	$38.17	$1,046,942,829,040	5 / 9
2026-08-30	$38.17	$1,046,942,829,040	5 / 9
2026-08-31	$38.03	$1,043,029,689,006	5 / 9
2026-09-01	$38.12	$1,045,519,869,028	5 / 9
2026-09-02	$38.17	$1,046,764,959,039	5 / 9
2026-09-03	$38.38	$1,049,337,397,738	5 / 9
2026-09-04	$38.51	$1,052,725,808,778	5 / 9
2026-09-05	$38.51	$1,052,725,808,778	5 / 9
2026-09-06	$38.51	$1,052,725,808,778	5 / 9
2026-09-07	$38.51	$1,052,725,808,778	5 / 9
2026-09-08	$38.56	$1,054,152,508,163	5 / 9
2026-09-09	$38.53	$1,053,439,158,470	5 / 9
2026-09-10	$38.54	$1,053,617,495,893	5 / 9
2026-09-11	$38.59	$1,054,865,857,855	5 / 9
2026-09-12	$38.17	$1,044,262,174,844	5 / 9
2026-09-13	$38.17	$1,044,262,174,844	5 / 9
2026-09-14	$38.17	$1,044,262,174,844	5 / 9
2026-09-15	$38.17	$1,044,439,649,721	5 / 9
2026-09-16	$38.02	$1,039,707,176,889	5 / 9
2026-09-17	$38.02	$1,039,707,176,889	5 / 9
2026-09-18	$38.02	$1,039,707,176,889	5 / 9
2026-09-19	$38.02	$1,039,707,176,889	5 / 9
2026-09-20	$37.97	$1,038,280,477,503	5 / 9
2026-09-21	$37.19	$1,016,953,738,741	5 / 9
2026-09-22	$37.29	$1,019,644,458,596	5 / 9
2026-09-23	$37.35	$1,021,356,926,084	5 / 9
2026-09-24	$37.35	$1,021,356,926,084	5 / 9
2026-09-25	$36.74	$1,004,704,081,745	5 / 9
2026-09-26	$36.73	$1,004,514,486,970	5 / 9
2026-09-27	$36.80	$1,006,351,832,704	5 / 9
2026-09-28	$37.32	$1,020,700,710,035	5 / 9
2026-09-29	$37.80	$1,033,819,333,341	5 / 9
2026-09-30	$37.80	$1,033,819,333,341	5 / 9
2026-10-01	$37.38	$1,022,180,423,781	5 / 9
2026-10-02	$37.39	$1,022,617,618,908	5 / 9
2026-10-03	$36.91	$1,008,193,318,857	5 / 9
2026-10-04	$36.92	$1,008,536,844,351	5 / 9
2026-10-05	$36.95	$1,009,314,091,660	5 / 9
2026-10-06	$37.26	$1,017,664,094,020	5 / 9
2026-10-07	$37.26	$1,017,664,094,020	5 / 10
2026-10-08	$37.66	$1,028,759,831,916	5 / 10
2026-10-09	$37.64	$1,028,020,116,057	5 / 10
2026-10-10	$37.64	$1,028,020,116,057	5 / 10
2026-10-11	$37.24	$1,017,294,236,091	5 / 10
2026-10-12	$37.30	$1,018,910,599,118	5 / 10
2026-10-13	$36.95	$1,009,168,792,710	5 / 10
2026-10-14	$37.65	$1,021,026,687,708	5 / 10
2026-10-15	$37.35	$1,012,722,205,131	5 / 10
2026-10-16	$37.31	$1,011,784,666,059	5 / 10

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	8	6	1
2026-06-01	9	6	1
2026-07-01	9	6	1
2026-08-01	9	5	1
2026-09-01	9	4	1
2026-10-01	9	5	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 9 Buy / Strong Buy · 5 Hold · 1 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 17–Oct 16 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 17, 2026–Oct 16, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

EBITDA growth outpaces revenue growthEBITDA margin: 41.13%
Market sentiment improves towards the stockDirect metric needs a verified mapping
Subscriber growth remains strongDirect metric needs a verified mapping

Next proof point

Oct 20, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.7%Typical daily move · historical

Downside history

-25.3%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

AMERICA MOVIL SAB DE CV outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 10, 2026

What kind of bet this is

This investment represents a turnaround opportunity in the Communication Services sector. The current thesis state is insufficient due to a lack of recent financial performance history, despite a fair valuation label.

What's priced into AMERICA MOVIL SAB DE CV

The market seems to have priced in a low level of fragility, indicating that it does not expect significant volatility in the near term. However, the recent change to a fair valuation suggests that expectations are moderate.

What the fundamentals likely do

Fundamentals may remain under pressure given the company's recent run of earnings misses, including the latest quarter. The near-term risk of missing earnings is low but still present, which could impact investor sentiment.

What AMERICA MOVIL SAB DE CV hinges on

The long-term thesis hinges on external factors such as potential interest rate cuts by the Fed and the performance of sector bellwethers like VZ, TMUS, and T. Positive momentum in these areas could provide a tailwind for AMX.