JPMorgan upgrades America Movil stock to Overweight

Published on 10/13/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan raised its target from USD 30.00 to USD 32.00 on August 18, 2026. America Movil stock costs EUR 19.20 on October 13, 2026, with Q3 results due October 20.

JPMorgan upgraded America Movil to Overweight and raised its price target from USD 30.00 to USD 32.00 on August 18, 2026.
America Movil is scheduled to report third-quarter 2026 results after the market close on October 20, 2026.
Second-quarter 2026 revenue rose 3.1 percent to MXN 241.0 billion, while net income increased 9.2 percent to MXN 24.0 billion.
America Movil stock was trading at EUR 19.20 at Lang & Schwarz on October 13, 2026 at 12:33 p.m. CEST.

AMX, US02390A1016, Illustration mit AI erstellt.

America Movil (ISIN US02390A1016) is trading at EUR 19.20 at Lang & Schwarz on October 13, 2026 at 12:33 p.m. CEST. MarketBeat reports that JPMorgan upgraded the stock from Neutral to Overweight and raised its price target from USD 30.00 to USD 32.00 in a report dated August 18, 2026.

Three results points in sequence

On April 21, 2026, America Movil's first-quarter 2026 estimates were listed at USD 0.46 earnings per share and USD 12.95 billion in revenue by Eulerpool. On July 22, 2026, Yahoo Finance published the second-quarter call figures: revenue rose 3.1 percent year over year to MXN 241.0 billion and net income increased 9.2 percent to MXN 24.0 billion.

On October 13, 2026, MarketBeat put the third-quarter 2026 forecast at USD 0.46 earnings per share and USD 13.51 billion in revenue.

Two dates frame the next report

MarketBeat says America Movil is expected to report third-quarter 2026 results after the market close on October 20, 2026. The related earnings call is scheduled for October 21, 2026 at 11:00 a.m. ET, with the same source citing USD 13.51 billion in revenue and USD 0.46 earnings per share as the consensus forecast.

What does the earnings setup mean?

The comparison investors can measure is clear: projected third-quarter revenue of USD 13.51 billion would exceed the USD 12.71 billion reported in the same quarter a year earlier, according to MarketBeat. The second-quarter report provides an operational counterweight: service revenue rose 3.4 percent and EBITDA increased 3.8 percent in MXN terms, while promotional pressure in Brazil remained a management concern in the earnings call.

Stock price and valuation context

America Movil's market capitalization was USD 64.3 billion as of October 12, 2026. The live euro quote from Lang & Schwarz stood at EUR 19.20 on October 13, 2026 at 12:33 p.m. CEST.

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