American Tower stock: Wells Fargo cuts target for American Tower stock to USD 195.00

Published on 10/19/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 4.60 percent in the second quarter. American Tower stock costs EUR 165.00 on October 19, 2026, unchanged versus Tradegate close.

Analyst target and quarterly figures

On October 16, 2026, Wells Fargo lowered its target from USD 200.00 to USD 195.00.
American Tower revenue reached USD 2.75 billion in the second quarter, up 4.60 percent year over year.
American Tower stock costs EUR 165.00 at Lang & Schwarz on October 19, 2026 at 3:42 p.m. CEST, unchanged versus the Tradegate close of October 16, 2026.
Market capitalization stood at USD 85.7 billion, with a P/E ratio of 25.38 as of October 19, 2026.

Isometrische 3D-Illustration Funkturnetz mit Mieter-Gebäuden und Datenleitungen — American Tower Corp. zeigt die Wertschöpfungskette isometrisch, Telekommunikations-REIT mit ISIN US03027X1000 global aktiv, Illustration mit AI erstellt.

On October 16, 2026, Wells Fargo cut its American Tower target from USD 200.00 to USD 195.00 and retained a Buy rating, according to Markets Insider. The revised target is 6.03 percent above the USD 183.91 primary-market price cited for American Tower on October 19, 2026. American Tower was trading at EUR 165.00 at Lang & Schwarz on October 19, 2026 at 3:42 p.m. CEST, unchanged versus the Tradegate close of October 16, 2026.

Second-quarter revenue sets the base

American Tower reported USD 2.75 billion of revenue for the second quarter ended June 30, 2026, up 4.60 percent from USD 2.63 billion a year earlier. Net profit reached USD 867.5 million, compared with USD 366.8 million in the prior-year quarter, according to Markets Insider.

Price sits below the yearly high

The EUR 165.00 quote places the stock 15.86 percent below its USD 196.08 primary-market 52-week high only as a separate currency context is not a valid calculation, so the euro price is kept separate from the USD range. The primary-market range was USD 160.06 to USD 196.08 as of October 19, 2026. Trading volume stood at 121,680 shares against an average of 2,765,065 shares in the same quotation snapshot.

Valuation and October 27 results

American Tower had a market capitalization of USD 85.7 billion and a P/E ratio of 25.38 as of October 19, 2026. Its dividend yield was 4.00 percent. The company is scheduled to release third-quarter 2026 results on October 27, 2026, at 7:00 a.m. ET, with a conference call at 8:30 a.m. ET, according to Business Wire.

Comparison with peers

American Tower: 0.00 percent daily change, P/E 25.38, market capitalization USD 85.7 billion
Crown Castle (NYSE, USD): minus 1.03 percent daily change, P/E 33.09, market capitalization USD 35.6 billion
SBA Communications (NASDAQ, USD): minus 1.28 percent daily change, P/E 19.88, market capitalization USD 19.6 billion

What comes next for the stock

The October 27 results date is the next scheduled company event. The combination of a recent USD 195.00 target from Wells Fargo, second-quarter revenue growth and a 4.00 percent dividend yield gives investors three separate reference points for the upcoming report.

Price and trading perspective

American Tower's NYSE quotation stood at USD 183.91 on October 19, 2026 at 2:00 p.m. ET, while the German euro quotation was EUR 165.00 at Lang & Schwarz at 3:42 p.m. CEST. The two currencies are presented separately.

The further course of trading is shown by the continuously updated real-time quote of American Tower stock.