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American Tower Corp (AMT)

Upturn stock ratingUpturn stock rating
$192.5
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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  • WEEK

Upturn Advisory Summary

09/15/2025: AMT (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

23 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $249.21

1 Year Target Price $249.21

Analysts Price Target For last 52 week
$249.21 Target price
52w Low $169.77
Current$192.5
52w High $234.33

Analysis of Past Performance

Type Stock
Historic Profit 2.38%
Avg. Invested days 39
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 91.35B USD
Price to earnings Ratio 36.46
1Y Target Price 249.21
Price to earnings Ratio 36.46
1Y Target Price 249.21
Volume (30-day avg) 23
Beta 0.87
52 Weeks Range 169.77 - 234.33
Updated Date 09/14/2025
52 Weeks Range 169.77 - 234.33
Updated Date 09/14/2025
Dividends yield (FY) 3.38%
Basic EPS (TTM) 5.35

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 12.6%
Operating Margin (TTM) 45.66%

Management Effectiveness

Return on Assets (TTM) 4.54%
Return on Equity (TTM) 24.28%

Valuation

Trailing PE 36.46
Forward PE 26.81
Enterprise Value 134483648973
Price to Sales(TTM) 8.9
Enterprise Value 134483648973
Price to Sales(TTM) 8.9
Enterprise Value to Revenue 13.11
Enterprise Value to EBITDA 21.19
Shares Outstanding 468251008
Shares Floating 466907344
Shares Outstanding 468251008
Shares Floating 466907344
Percent Insiders 0.15
Percent Institutions 95.37

ai summary icon Upturn AI SWOT

American Tower Corp

stock logo

Company Overview

overview logo History and Background

American Tower Corp. was founded in 1995 as a unit of American Radio Systems. It was spun off as an independent company in 1998. It has grown through acquisitions and organic expansion to become one of the largest global REITs and independent owners, operators, and developers of multitenant communications real estate.

business area logo Core Business Areas

  • U.S. & Canada Property: Owns and operates towers in the U.S. and Canada, leasing space to wireless carriers and other communication providers. This segment contributes the largest portion of revenue.
  • International Property: Owns and operates towers in various international markets, including Latin America, Africa, Asia, and Europe. Provides similar leasing services as the U.S. & Canada segment. Countries such as India and Brazil are key markets.
  • Data Centers: Acquired CoreSite Realty in 2021, adding data center infrastructure to its portfolio. These data centers provide colocation and interconnection services.
  • Services: Provides services, including site development, network deployment, and structural analysis, to support wireless carriers' network build-out activities.

leadership logo Leadership and Structure

Tom Bartlett serves as the Chief Executive Officer. The company has a board of directors overseeing the strategic direction. The organizational structure is divided by geographic regions and business functions, such as operations, finance, and legal.

Top Products and Market Share

overview logo Key Offerings

  • Tower Leases: American Tower's primary product is leasing space on its towers to wireless carriers. Market share data varies by region, but American Tower is a leading player globally. Competitors include Crown Castle and SBA Communications. This generates a majority of their revenue.
  • Data Center Colocation: Provides colocation services in its data centers, allowing businesses to house their servers and network equipment. Competitors include Equinix and Digital Realty.
  • Network Development Services: Provides site development, network deployment, and structural analysis to wireless carriers.

Market Dynamics

industry overview logo Industry Overview

The telecommunications infrastructure industry is driven by increasing demand for wireless data due to smartphone adoption, IoT devices, and the rollout of 5G networks. This is fueling demand for tower space and data center services.

Positioning

American Tower is a leading player in the tower industry, benefiting from its scale, geographic diversification, and strategic acquisitions. It has a strong competitive advantage due to its established infrastructure and long-term relationships with major wireless carriers.

Total Addressable Market (TAM)

The global TAM for telecom infrastructure is estimated to be in the hundreds of billions of dollars. American Tower is well-positioned to capture a significant share of this market with its existing infrastructure and expansion plans.

Upturn SWOT Analysis

Strengths

  • Large portfolio of towers
  • Geographic diversification
  • Recurring revenue from long-term leases
  • Strong relationships with major wireless carriers
  • Data Center Portfolio

Weaknesses

  • High debt levels
  • Dependence on a few major tenants
  • Exposure to regulatory changes
  • Capital Intensive Business
  • Data Center Integration Risks

Opportunities

  • 5G network rollout
  • Expansion into new markets
  • Increased demand for data center services
  • Acquisitions of smaller tower companies
  • Growth in emerging markets

Threats

  • Competition from other tower companies
  • Consolidation among wireless carriers
  • Technological advancements that reduce the need for towers
  • Interest rate increases
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • CCI
  • SBA

Competitive Landscape

American Tower has a competitive advantage due to its large portfolio of towers, geographic diversification, and strong relationships with major wireless carriers. Crown Castle and SBA Communications are its main competitors, but AMT's scale provides an edge.

Major Acquisitions

CoreSite Realty

  • Year: 2021
  • Acquisition Price (USD millions): 10100
  • Strategic Rationale: The acquisition of CoreSite expanded American Tower's business into the data center space, providing colocation and interconnection services and diversifying its revenue streams.

Growth Trajectory and Initiatives

Historical Growth: American Tower has experienced significant growth over the past decade, driven by acquisitions and organic expansion of its tower portfolio.

Future Projections: Analysts project continued growth for American Tower, driven by 5G deployment and increasing demand for wireless data. Growth is expected to be both organic and through acquisitions.

Recent Initiatives: Recent initiatives include investments in data centers, expansion into new international markets, and upgrades to existing infrastructure to support 5G technology.

Summary

American Tower is a leading player in the telecom infrastructure industry, with a large portfolio of towers and a strong track record of growth. It is well-positioned to benefit from the rollout of 5G and increasing demand for wireless data. However, it faces risks related to high debt levels and competition. The expansion into data centers diversifies their portfolio well.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About American Tower Corp

Exchange NYSE
Headquaters Boston, MA, United States
IPO Launch date 1998-06-05
President, CEO & Director Mr. Steven O. Vondran J.D.
Sector Real Estate
Industry REIT - Specialty
Full time employees 4691
Full time employees 4691

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities.