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AMTAmerican Tower Corporation (REIHold6.4·$174.46-2.68%
HoldModerate Confidence
Investment thesis

An exceptionally high-quality real estate franchise with free cash flow well in excess of reported net income and three consecutive earnings beats trades at roughly 15 times cash flow, but a risk/reward ratio of 0.89 and debt-to-equity of 4.4 suggest the setup favors waiting for a better entry rather than initiating at current levels.

Thesis pillars

  • High Quality Cash Generative FranchiseDeteriorating
  • Recent Earnings Beat StreakImproving
  • Unfavorable Near Term Entry GeometryDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

American Tower Corporation (REI (AMT) Stock Analysis

Recovery setup

HoldVALUE-TRAP 1/5GrowthModerate Confidence

Real Estate · REIT - Specialty

Hold if already holding. Not a fresh buy at $174.46, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 4.4): -1.5; Below 200-MA, MA slope -1.4%/30d (confirmed downtrend).

American Tower Corporation owns and operates 149,686 communications sites globally across the U.S. & Canada, Latin America, Europe, and Africa & APAC, plus 30 data center facilities across 11 U.S. markets, with property operations generating 97% of total revenues via long-term... Read more

$174.46+10.8% A.UpsideScore 6.4/10#3 of 16 REIT - Specialty
QualityF-score7 / 9FCF yield3.47%
IncomeYield4.07%(5y avg 2.93%)Payout82.26%
Stop $165.04Target $193.27(analyst − 10%)A.R:R 1.3:1
Analyst target$214.74+23.1%23 analysts
$193.27our TP
$174.46price
$214.74mean
$260

Hold if already holding. Not a fresh buy at $174.46, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 4.4): -1.5; Below 200-MA, MA slope -1.4%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 59. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.4/10, moderate confidence.

Passes 8/10 gates (positive momentum, clean insider activity, no SEC red flags, news boost earnings 0.70, news boost analyst 0.50, earnings proximity 89d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Oct 27, 202689d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.73)
High-quality business
Risks
Leverage penalty (D/E 4.4): -1.5
Below 200-MA, MA slope -1.4%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)28.9
P/E (Fwd)25.8
Mkt Cap$83.5B
EV/EBITDA19.1
Profit Mgn31.1%
ROE33.9%
Rev Growth4.7%
Beta
Dividend4.07%
Rating analysts29

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.28bullish
IV36%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.8
Support Resistance
2.9
52w Position
5.5
Gap
6.0
GatesA.R:R 1.3 < 1.5@spotDeath cross (50MA < 200MA)Momentum 6.6>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST EARNINGS 0.70NEWS BOOST ANALYST 0.50EARNINGS PROXIMITY 89d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
59 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $160.06Resistance $180.37

Price Targets

$165
$193
A.Upside+10.8%
A.R:R1.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=+2: SELL_IF_HOLDING → HOLD_IF_HOLDING
! asymmetry at 1.3 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-10-27 (89d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AMT stock a buy right now?

Hold if already holding. Not a fresh buy at $174.46, but acceptable to hold if already in. Reasons: Leverage penalty (D/E 4.4): -1.5; Below 200-MA, MA slope -1.4%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 59. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $193.27 (+10.8%), stop $165.04 (−5.7%), A.R:R 1.3:1. Score 6.4/10, moderate confidence.

What is the AMT stock price target?

Take-profit target: $193.27 (+10.8% upside). Target $193.27 (+10.8%), stop $165.04 (−5.7%), A.R:R 1.3:1. Stop-loss: $165.04.

What are the risks of investing in AMT?

Leverage penalty (D/E 4.4): -1.5; Below 200-MA, MA slope -1.4%/30d (confirmed downtrend).

Is AMT overvalued or undervalued?

American Tower Corporation (REI trades at a P/E of 28.9 (forward 25.8). TrendMatrix value score: 5.3/10. Verdict: Hold.

What do analysts say about AMT?

29 analysts cover AMT with a consensus score of 4.0/5. Average price target: $215.

What does American Tower Corporation (REI do?American Tower Corporation owns and operates 149,686 communications sites globally across the U.S. & Canada, Latin...

American Tower Corporation owns and operates 149,686 communications sites globally across the U.S. & Canada, Latin America, Europe, and Africa & APAC, plus 30 data center facilities across 11 U.S. markets, with property operations generating 97% of total revenues via long-term tenant leases. Revenue is concentrated in four customers — T-Mobile (18%), AT&T (17%), Verizon Wireless (14%), and Telefónica (10%) — who together represent 59% of total revenues.

Related stocks: GLPI (Gaming and Leisure Properties, ) · EQIX (Equinix, Inc.) · SBAC (SBA Communications Corporation) · IRM (Iron Mountain Incorporated (Del) · WY (Weyerhaeuser Company)
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