American Tower stock gains 0.71 percent on Barclays target hike

Published on 10/03/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays lifted its American Tower target from USD 198 to USD 199 on September 30, 2026. Q2 revenue reached USD 2.75 billion and net income USD 867.5 million.

Architektur-Render modernes Turm-Technikgebäude-Komplex auf Schotterplatz — American Tower Corp. visualisiert ihren modernen Anlagenkomplex als Architektur-Render, ISIN US03027X1000 an der NYSE gelistet, Illustration mit AI erstellt.

American Tower (ISIN US03027X1000) stock was last at USD 162.20 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 0.71 percent on the session. Markets Insider reported on September 30, 2026 that Barclays raised its price target from USD 198 to USD 199 while maintaining an Overweight rating.

Barclays raises its target

The new Barclays target lies 22.7 percent above the October 2 share price. The analyst cited two potential edge-computing drivers at tower sites: access to stranded power and workloads that require deterministic low latency, according to Markets Insider.

The share price sits USD 72.13 below the 52-week high of USD 234.33 and USD 2.14 above the 52-week low of USD 160.06, both measured on October 2, 2026. Its market capitalization was USD 75.6 billion, while trading volume reached 2,876,484 shares.

Q2 revenue reaches USD 2.75 billion

For the quarter ended June 30, 2026, American Tower reported revenue of USD 2.75 billion and net income of USD 867.5 million. Markets Insider said revenue increased 4.6 percent from USD 2.63 billion in the year-earlier quarter, while net income rose 137 percent from USD 366.8 million.

The figures give the analyst target a more specific operating backdrop: revenue expanded at a measured pace, while the profit comparison was much stronger. American Tower's own website describes a network of wireless infrastructure services across 24 countries, placing the tower portfolio and edge-computing opportunity within a broader digital communications platform.

Q3 results date is October 27

American Tower is scheduled to report third-quarter 2026 results on October 27, 2026 at 7:00 a.m. ET, according to Simply Wall St. That date is the next scheduled checkpoint for leasing trends, profitability and the company outlook.

American Tower stock was last at USD 162.20 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with the 52-week range at USD 160.06 to USD 234.33. The 0.71 percent session gain leaves the shares near the lower end of that range while Barclays' USD 199 target provides the main current analyst reference.