19.9% Below Target

American Tower Corporation (AMT) has a consensus 12-month price target of $211, implying 19.9% upside from $176.05. The 50 analysts covering AMT see moderate appreciation potential.

AMT has a consensus rating of "Buy" based on 50 Wall Street analysts. The rating breakdown is predominantly bullish, with 38 Buy/Strong Buy ratings. The consensus 12-month price target of $211 implies 19.9% upside from current levels.

AMT trades at a forward P/E of 26.834x, representing a moderate valuation. With analysts targeting $211 (19.9% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $254 for AMT, while the most conservative target is $185. The consensus of $211 represents the median expectation. Our quantitative valuation model projects a bull case target of $155 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

AMT is heavily covered by Wall Street, with 50 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 37 have Buy ratings, 12 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month AMT stock forecast based on 50 Wall Street analysts shows a consensus price target of $211, with estimates ranging from $185 (bear case) to $254 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $118, with bear/bull scenarios of $74/$155.

Our quantitative valuation model calculates AMT's fair value at $118 (base case), with a bear case of $74 and bull case of $155. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

AMT trades at a forward P/E ratio of 26.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on AMT, with a "Buy" consensus rating and $211 price target (19.9% upside). 38 of 50 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

AMT analyst price targets range from $185 to $254, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $211 consensus represents the middle ground. Our model's $74-$155 range provides an independent fundamental perspective.