America Movil stock faces mixed analyst signals after Q3 growth

Published on 10/31/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

America Movil stock heads into the weekend after stronger third-quarter growth and sharply mixed analyst actions. Cash flow supported debt reduction.

Growth Meets Mixed Analyst Signals

Third-quarter revenue and net profit increased, while postpaid and broadband additions offset prepaid cleanups.
Cash flow funded capital spending and supported net-debt reduction in the first nine months.
Analyst sentiment diverged as Wall Street Zen cut its rating and Zacks Research upgraded the stock.

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America Movil delivered stronger third-quarter operating results while analyst sentiment split during the week. MarketBeat reported on October 21 that revenue rose 7.6 percent year over year to MXN 251 billion and net profit increased 7 percent to MXN 24 billion.

The company added 3.1 million postpaid subscribers and 390,000 fixed-broadband customers during the quarter. Those gains partly offset five million prepaid disconnections, which MarketBeat said were largely linked to customer-base cleanups in Mexico and Colombia.

Cash Flow Supports Balance Sheet

America Movil funded MXN 76 billion of capital spending in the first nine months with cash flow, according to MarketBeat's Q3 earnings report. The company also reduced net debt by MXN 34 billion and returned MXN 27 billion to shareholders through dividends and buybacks.

Free cash flow was 41 percent higher than in 2025, while net debt excluding leases stood at MXN 400 billion at quarter-end. Management maintained a leverage target range of 1.2 to 1.5 times EBITDA after leases and indicated that 2026 capital spending would remain near USD 7 billion.

Analysts Send Conflicting Signals

Wall Street Zen cut America Movil from Buy to Hold on October 24, MarketBeat reported. The same report said Zacks Research raised the stock from Hold to Strong Buy on October 22, while the broader analyst consensus remained Moderate Buy with an average target price of USD 29.43.

America Movil stock traded at 21.90 euros on Lang & Schwarz at 10:03:27 Berlin time on Saturday, October 31, 2026. The quote is available through the real-time quote of America Movil stock.