TD Cowen Has Lowered Expectations for American Tower (NYSE:AMT) Stock Price

American Tower (NYSE:AMT) had its price target lowered by equities research analysts at TD Cowen from $235.00 to $225.00 in a report issued on Wednesday,MarketScreener reports. TD Cowen’s price objective points to a potential upside of 20.40% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. Mizuho lowered their price objective on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. JPMorgan Chase & Co. lowered their price target on American Tower from $250.00 to $245.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Scotiabank cut their price objective on American Tower from $248.00 to $220.00 and set an “outperform” rating for the company in a report on Wednesday, January 14th. Morgan Stanley lowered their target price on American Tower from $225.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, BMO Capital Markets raised their target price on American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $218.26.

American Tower Stock Performance

Shares of American Tower stock traded down $3.31 during trading on Wednesday, hitting $186.88. 253,743 shares of the company’s stock traded hands, compared to its average volume of 3,132,111. American Tower has a 1 year low of $166.88 and a 1 year high of $234.33. The business has a 50-day simple moving average of $178.43 and a 200-day simple moving average of $185.79. The stock has a market capitalization of $87.49 billion, a P/E ratio of 29.99, a PEG ratio of 0.79 and a beta of 0.93. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.89 and a quick ratio of 0.89.

American Tower (NYSE:AMT) last issued its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.54 by ($0.79). The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.69 billion. American Tower had a return on equity of 28.79% and a net margin of 28.11%.American Tower’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the firm posted $2.62 EPS. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. As a group, analysts forecast that American Tower will post 10.14 EPS for the current year.

Insider Activity

In related news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider directly owned 211,379 shares in the company, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.18% of the company’s stock.

Hedge Funds Weigh In On American Tower

Several large investors have recently added to or reduced their stakes in the company. MidFirst Bank bought a new position in shares of American Tower in the fourth quarter worth approximately $4,317,000. SG Trading Solutions LLC bought a new stake in shares of American Tower during the 4th quarter valued at $402,000. MV Capital Management Inc. purchased a new position in shares of American Tower during the 4th quarter valued at $45,000. Wick Capital Partners LLC bought a new position in American Tower in the 4th quarter worth $221,000. Finally, Compound Planning Inc. increased its stake in American Tower by 3.5% in the 4th quarter. Compound Planning Inc. now owns 7,099 shares of the real estate investment trust’s stock worth $1,246,000 after buying an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Key Headlines Impacting American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q4 results beat key operating/FFO metrics: AFFO/FFO came in stronger than consensus and revenue rose ~7.5% y/y, supporting the company’s cash‑flow outlook. American Tower’s Q4 AFFO & Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Data‑center expansion and robust leasing demand across towers were highlighted by management as durable growth drivers, helping offset other pressures. American Tower posts upbeat revenue on strong leasing activity amid 5G, data-center growth
• Positive Sentiment: Management set FY‑2026 EPS guidance of $10.78–$10.95, a range above many prior consensus expectations — a forward signal of confidence in AFFO trajectory. American Tower Corporation Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: The earnings presentation and call transcript provide more detail on regional performance, portfolio activity and capital allocation for investors doing deeper diligence. American Tower Corporation (AMT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: DISH Network has defaulted on lease payments to AMT; the company is pursuing legal remedies and has updated its 2026 outlook to reflect the lost DISH lease revenue, creating a near‑term earnings/visibility risk in the U.S. tower business. American Tower Weighs DISH Default Against Data Center Growth And Valuation
• Negative Sentiment: Some coverage framed the FY‑2026 outlook as conservative and noted management is pushing cost efficiencies to bridge near‑term gaps — signaling investor concern about near‑term growth versus long‑term strategy. American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat

American Tower Company Profile

American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.