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AMAMT

American Tower Corporation

Strong FundamentalsStrong FundamentalsRevenue growing 7% YoY at strong marginsRecent insider buyingQuiet on X (54 mentions/wk)
$AMT·$80B·REIT - Specialty·Real Estate
$176.23+1.2%YTD-0.0%1Y-13.0%
Mentions · last 7 days
2026-08-21: 4 posts2026-08-22: 6 posts2026-08-23: 2 posts2026-08-24: 6 posts54+13%
Price updated 2d ago·X counts updated 6d ago
AMAMT
$AMTAmerican Tower Corporation
$176.23+1.19%54 posts+13%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $AMT, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-08-25

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Global cell-tower REIT with four straight EPS beats of 10-18% — SpaceX terrestrial-cellular concerns are the overhang keeping the stock flat for twelve months.

American Tower is one of the largest global tower REITs — 220,000+ communications sites leased to wireless carriers, broadcast companies, and government agencies worldwide. The business quality is high but the stock has been flat for twelve months (down 16% and essentially unchanged YTD) because of the SpaceX Starlink direct-to-cell narrative that threatens tower demand growth.

  • Q1 2026 revenue was $2.74B (up 6.8% year-over-year) with 42% operating margin and 74% gross margin — the fundamentals are performing exactly to plan
  • Four consecutive strong EPS beats: Q2 +18%, Q1 +15%, Q4 25 +18%, Q3 25 +10% — the operational execution has been consistent and dramatic against consensus
  • Analyst 2026 revenue estimate is $11.0B on $6.87 EPS growing to $12.0B / $7.70 EPS by 2028 — the stock at $178 is 26x forward, in line with tower-REIT peers
  • Free cash flow yield of 4.2% at a $80B market cap is healthy for a REIT with heavy capex, and the dividend supports the tape
  • The DISH bankruptcy overhang is real: AMT/CCI/SBAC filed approximately $7.6B in claims — recovery rates are TBD but represent a material near-term charge
  • AMT was an early ASTS (AST SpaceMobile) investor — so the company is hedged against the terrestrial-satellite disruption at some level
  • Insider signal is negative but small: Robert Meyer sold 5,000 shares at $178.89 on July 29 for $894K; Ruth Dowling smaller sales — no CEO or CFO activity

Beta 0.89 makes this a defensive-compounder in a REIT context — patient money that plays for the eventual re-rating once SpaceX narrative recedes.

Agrees with X sentimentX is mixed with the SpaceX terrestrial-cellular overhang versus valuation opportunity. Fair — the setup is genuinely two-sided; the four-quarter beat pattern is what X may be under-weighting on the fundamentals side.

What to watch: The Q3 print on October 27 needs to hold the beat cadence and provide DISH bankruptcy claim recovery commentary — that's the specific near-term overhang that could either resolve or extend the coiling.

On the calendar: 2026-10-27 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Mixed sentiment6 posts analyzed · as of 2026-08-12

American Tower posters describe cell-tower REITs (AMT, CCI, SBAC) tanking on SpaceX terrestrial cellular ambitions, with one buyer adding on the dip below cost basis. Contributors argue leasing existing infrastructure is the path of least resistance and note AMT was an early ASTS investor. A separate DISH bankruptcy angle sees AMT/CCI/SBAC filing ~$7.6B of claims. Split sentiment weighs SpaceX overhang against valuation opportunity.

Read the AI verdict + X sentiment for $AMT

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Owns ~220,000 wireless tower sites globally, leasing antenna space to carriers under long-term contracts; pure-play 5G infrastructure REIT.

Industry overviewAI analysisGenerated by AI from underlying data

Where REIT - Specialty sits in its cycle right now — and what that implies for $AMT.

REIT - Specialty · Real Estate

Data center REITs dominate REIT-Specialty performance; AI infrastructure demand is driving lease signings and development pipelines at record levels. Cell tower REITs benefit from carrier 5G densification capex, though growth rates are more moderate.

What this means for $AMT

Partial — cloud infrastructure exposure benefits indirectly from hyperscaler capex; core business is American Tower Corporation is one of the largest global real estate investment t.

Industry benchmark

5-name peer basket
+9.7%YTD
+1.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
31.4How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
6.9%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
44.2%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
4.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
8.4Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
76.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
73.4%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
12.4Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 28, 2026$1.86$1.57+18.5%
Q1 2026Apr 28, 2026$1.84$1.60+15.0%
Q4 2025Feb 24, 2026$1.75$1.48+18.2%
Q3 2025Oct 28, 2025$1.82$1.65+10.3%
Next earningsTue, Oct 27·consensus EPS $1.64

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$2.7B+6.8%73.9%42.4%$1.84$951.1M
Q4 FY25$2.7B+7.5%70.7%42.4%$1.75$848.3M
Q3 FY25$2.7B+7.7%75.1%46.7%$1.82$994.5M
Q2 FY25$2.6B-9.4%73.8%45.6%$0.78$976.9M

Forward consensus

5-year forecast · up to 16 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$11.0B$10.9B – $11.1B$6.87$6.80 – $6.9316
FY27$11.4B$11.2B – $11.5B$6.97$6.90 – $7.0814
FY28$12.0B$11.6B – $12.5B$7.70$6.41 – $8.6914
FY29$12.8B$12.4B – $13.0B$8.66$8.37 – $8.859
FY30$13.3B$12.9B – $13.5B$9.27$8.95 – $9.4613

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.6×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.36%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+3.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-0.9%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 464.5M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.3% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.895-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

BuyAug 21Rajesh KalathurDirector2.8K sh$501KSellJul 29Meyer Robert JosephCFO5.0K sh$894KSellJul 29Ruth T DowlingEVP, Chief Admin Ofr, GC & Sec1.1K sh$194KSellJul 28Ruth T DowlingEVP, Chief Admin Ofr, GC & Sec685 sh$116KSellApr 29Ruth T DowlingEVP, Chief Admin Ofr, GC & Sec416 sh$74KSellApr 28Ruth T DowlingEVP, Chief Admin Ofr, GC & Sec556 sh$99KBuyMar 10Rajesh KalathurDirector2.7K sh$495KSellMar 4Steven O VondranCEO33.5K sh$6.3MSellMar 4Ruth T DowlingEVP, Chief Admin Ofr, GC & Sec682 sh$129K
+ 34 other (18 awards · 14 inkinds · 1 gift · 1 exempt) in window

See when $AMT insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KMaterial agreementMay 278-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation
AI summary

AMT (AMT) disclosed a material definitive agreement under Item 1.01, reporting a merger or acquisition transaction involving growth company as defined in Rule. The deal is valued at approximately $866.7 million. Details of the transaction terms, consideration structure, and closing conditions are set forth in the full 8-K filing. Definitive merger agreements are among the most material events a public company can disclose, triggering regulatory review and shareholder vote requirements.

8-KOfficer or director changeMay 218-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote · Item 8.01: Other event
AI summary

American Tower Corporation (AMT) filed an 8-K on May 20, 2026 reporting a personnel change (Item 5.02), annual shareholder meeting vote results (Item 5.07), and an other-event disclosure (Item 8.01). American Tower is a Boston-based REIT and global wireless infrastructure company listed on the NYSE. The excerpt does not reveal the executive change or other event details; an executive change at a major infrastructure REIT is notable, particularly given ongoing strategic shifts in AMT's global tower portfolio.

424B5Prospectus supplement (offering)May 19424B5
AI summary

American Tower Corporation (AMT) filed a preliminary 424B5 on May 19, 2026 for a senior notes offering maturing in 2033, with interest and principal amounts blank pending final pricing. American Tower is a Boston-based global wireless infrastructure REIT. The notes will be general, unsecured obligations ranking equally with other senior unsecured debt; AMT may redeem the notes at any time at applicable prices. This is a routine investment-grade debt capital markets transaction for the large-cap REIT.

8-KMaterial agreementMay 78-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation
AI summary

American Tower Corporation (AMT) filed an 8-K disclosing a material definitive agreement (Item 1.01) and creation of a direct financial obligation (Item 2.03) in connection with new debt issuance. The cell tower REIT entered into a credit agreement, bond indenture, or loan facility to fund capital expenditures, acquisitions, or refinancing of existing obligations. Key terms including principal amount, interest rate, maturity, and covenants are disclosed. The full debt agreement is filed as an exhibit.

3New insider — initial holdingsApr 303
AI summary

American Tower Corporation (AMT) filed a Form 3 initial statement of beneficial ownership for newly appointed Senior Vice President Blanchett, who holds no shares of common stock. This routine SEC filing is required within 10 days of an individual becoming a reporting insider. The zero-share position is typical for newly appointed officers who have not yet received equity grants under the company's compensation program. No derivative securities were reported.

8-KOfficer or director changeMar 108-K — Item 5.02: Officer or director change
+ 19 other (4 routine 8-Ks · 3 13Gs · 3 proxys · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Getting Paid to Extend: The Case for Muni Durationetftrends.com·21h agoBeacon Pointe Advisors LLC Invests $3.59 Million in American Tower Corporation $AMTdefenseworld.net·1d agoCould Falling Yields Make REIT Stocks Worth a Second Look?marketbeat.com·3d agoAmerican Tower (AMT) Down 2% Since Last Earnings Report: Can It Rebound?zacks.com·4d agoAdelante Capital Management LLC Invests $8.53 Million in American Tower Corporation $AMTdefenseworld.net·4d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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