Bernstein cuts target for American Tower stock to USD 212.00

Published on 10/23/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 2.75 billion in the second quarter. American Tower stock costs EUR 170.50 on October 23, 2026 before October 27 results.

Operating scale and key dates

Bernstein cut its American Tower target from USD 214.00 to USD 212.00 on October 19, 2026.
Second-quarter revenue reached USD 2.75 billion, up 4.60 percent year over year.
American Tower stock trades at EUR 170.50 at 11:04 a.m. CEST at Lang & Schwarz on October 23, 2026.

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American Tower (ISIN US03027X1000) was trading at EUR 170.50 at Lang & Schwarz on October 23, 2026 at 11:04 a.m. CEST. On October 19, Bernstein cut its price target from USD 214.00 to USD 212.00 while maintaining an outperform rating, according to MarketScreener.

Analyst target moves lower

The USD 2.00 reduction is modest, but it puts the latest analyst action below several published targets. Wells Fargo cut its target from USD 200.00 to USD 195.00 on October 16, while Jefferies raised its target from USD 201.00 to USD 208.00 on October 15, as listed by MarketScreener.

American Tower's operating profile remains tied to recurring tower leases. The company says it supports wireless networks in 24 countries across six continents through digital communications infrastructure, according to American Tower.

What does the earnings setup show?

Second-quarter revenue was USD 2.75 billion, 4.60 percent higher than a year earlier, while adjusted earnings per share reached USD 2.71 versus USD 1.57 expected, according to The Stock Observer. Fiscal 2026 adjusted earnings guidance stood at USD 11.00 to USD 11.17 per share, giving the October report a clear test against the existing outlook.

Three recent company dates

On September 9, American Tower priced a USD 1.60 billion senior notes offering. On September 18, it declared a quarterly cash distribution of USD 1.79 per share. On October 19, Bernstein reduced its target from USD 214.00 to USD 212.00, with each event listed by MarketScreener.

Upcoming reporting date

American Tower is scheduled to release third-quarter 2026 results on October 27, 2026, according to the company calendar shown by MarketScreener. That report will update revenue, adjusted earnings and the fiscal-year outlook after the latest target revisions.

Price reflects the latest trading session

American Tower is listed on the NYSE under ticker AMT. Its market capitalization was USD 82.8 billion as of October 21, 2026, while the latest reported NYSE close was USD 177.64 on that date.

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