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American Tower Corporation (AMT) Stock Analysis

Score B

Reit · Grade C · Bullish

Real Estate · REIT - Specialty

$182.85

Fair Value

$153.07

-16.3%

Conviction

4/10

Quality

C

Classification

Reit

Investment Thesis

Price is above modeled value range. Quality supports holding but not attractive for new positions.

Trading above fair value.

For New Investors

Price above modeled value range

For Current Holders

Quantitative score: neutral

Buy if

  • Price drops 15-20% (improves asymmetry)
  • Bull scenario catalysts materialize
  • Market-wide correction creates opportunity

Sell if

  • Bear scenario triggers occur
  • Quality metrics deteriorate (ROIC declining)
  • Better alternatives emerge

Valuation

REIT Fair Value: $153.07 (-16.3%). FFO/share: $9.78, P/FFO: 18.7x vs sector avg 16.0x.

PEG-Based EPS

$156.56

FCF DCF Model

$147.85

Blended Fair Value

$153.07

Methods

REIT P/FFO Relative, REIT Dividend Discount

Quality Analysis

C

66/120 points

Investable (REIT)

Quality Flags

  • REIT quality screen: FFO-based metrics used instead of standard ROE/ROIC/D/E
  • FFO declining: -3.5%/yr
  • No dividend data available

Market Sentiment

Wall Street Consensus

$207.50

+13.5% Upside

22 analysts

Range: $185.00$255.00

Rating: Buy

Our model is slightly more cautious than Wall Street.

Trend & Technical

Bullish

Price ($182.85) is 0.7% above SMA 200 ($181.60). Bullish trend confirmed.

Technical Score39/100

Tech Score 39/100 — Weak technicals. Bearish bias in trend or momentum.

Risk & Reward

Asymmetry Ratio

5.22:1

Expected Return

+25.1%

Bull Upside

+52.2%

Bear Downside

-10.0%

Excellent asymmetry: 5.22:1 ratio. Upside significantly outweighs downside.

Verdict: Very Favorable

Scenario Analysis

Bear

Base

Bull

Buy Zone & Action Plan

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Technical Analysis

RSI, MACD, moving averages, trend signals, and momentum indicators.

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Frequently Asked Questions

What is the fair value of AMT?

Based on our multi-method conviction analysis, the estimated fair value of American Tower Corporation (AMT) is $153.07. This is calculated by blending REIT P/FFO Relative, REIT Dividend Discount and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is moderate.

Is AMT a buy, sell, or hold?

AMT currently has a HOLD rating with a conviction score of 4/10. Price is above modeled value range. Quality supports holding but not attractive for new positions. Price above modeled value range.

Is AMT a high-quality stock?

American Tower Corporation has a quality grade of C (66/120 points), rated as Investable (REIT). Key metrics include ROE of —%, ROIC-WACC spread of —%, and D/E ratio of —x.

What type of stock is AMT?

AMT is classified as a "reit" in our framework. REIT classification: Real Estate / REIT - Specialty

What do Wall Street analysts say about AMT?

22 Wall Street analysts have a consensus price target of $207.50 for AMT, representing +13.5% upside. Targets range from $185.00 to $255.00. The consensus recommendation is "Buy". Our model is slightly more cautious than Wall Street.

What are the risks of investing in AMT?

The risk/reward asymmetry ratio for AMT is 5.22:1, rated as Very Favorable. Excellent asymmetry: 5.22:1 ratio. Upside significantly outweighs downside. The expected return is +25.1%, with bull case upside of +52.2% and bear case downside of -10.0%.

What is the current trend for AMT?

AMT is in a bullish trend. Price ($182.85) is 0.7% above SMA 200 ($181.60). Bullish trend confirmed. The technical score is 39/100.

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Last updated: May 19, 2026 · Framework version 3.7

This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.