Clear American Tower lands dual Wall Street backing, shares gain analyst momentum
27.06.2026 - 10:27:46 | ad-hoc-news.de
By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-27, 10:27.
American Tower (US03027X1000) enters the weekend with a marked show of confidence from Wall Street. RBC Capital Markets and Goldman Sachs both highlight the New York Stock Exchange-listed REIT’s role as a preferred U.S. tower operator, citing organic growth and CoreSite data centers as key drivers, according to recent analyst commentary.Analyst recap via Yahoo Finance and Investing.com
What RBC Capital Markets says
RBC Capital Markets upgraded American Tower shares from Sector Perform to Outperform, setting a new price target of 205 dollars versus the prior 195 dollars, and framing the stock as its preferred U.S. tower company among peers such as Crown Castle and SBA Communications.RBC and sector view reported in the analyst roundup The bank points to superior organic revenue growth in the U.S. tower business and improving prospects for American Tower’s CoreSite data center unit, which is expected to benefit from rising AI-related workloads over the next several years.Investing.com German-language analysis of the upgrade
RBC’s report also underlines that American Tower is projected to deliver the strongest U.S. net organic tower growth among major peers through fiscal 2026, supported by continued carrier investment in network densification and spectrum deployment.Growth expectations outlined in the analyst coverage For investors, the Outperform rating and raised target reinforce the REIT’s relative positioning within the S&P 500’s communication infrastructure subgroup.
Goldman Sachs turns more bullish on towers
Separately, Goldman Sachs initiated coverage on the U.S. tower sector with a Buy rating on American Tower, while assigning Neutral ratings to Crown Castle and SBA Communications, reinforcing the REIT’s status as a top pick in the space.Goldman Sachs sector initiation cited in the analyst roundup Goldman forecasts roughly 8 percent annual growth in adjusted funds from operations (AFFO) per share for American Tower between 2026 and 2029, ahead of the 5 to 6 percent expected for its closest tower peers.Investing.com breakdown of Goldman’s projections
The investment bank also anticipates that American Tower will lead its peer group with domestic organic growth of around 4 to 5 percent annually from 2027 through 2029, driven by network densification, fixed wireless expansion and eventual 6G-related spending in the U.S.Sector growth drivers detailed in the coverage In Goldman’s view, near-term headwinds from elevated carrier churn and higher interest rates are largely reflected in the current valuation, which provides room for the REIT’s longer-term data infrastructure story to play out.
Further news and data on the American Tower shares
For more price details, historical performance and additional company news on American Tower, the topic page and the issuer’s investor relations site provide a consolidated view.
Strategy and data center exposure
Analysts note that American Tower’s strategy increasingly blends traditional macro towers with high-density data center assets via its CoreSite business, giving the REIT leverage to both mobile and cloud infrastructure spending.Coverage of the CoreSite contribution CoreSite operates colocation and interconnection facilities in key U.S. metro areas, which are positioned to benefit from AI workloads and enterprise hybrid-cloud adoption over the next decade.Analyst view on data center growth
RBC’s updated forecasts include revenue of around 10.98 billion dollars for 2026 and adjusted EBITDA of roughly 7.28 billion dollars, alongside an AFFO per share estimate of 11.07 dollars, underscoring the scale of American Tower’s infrastructure portfolio.Detailed numbers in the Investing.com report These projections reflect both the tower leasing business and the contribution from data centers, which together support the REIT’s dividend and reinvestment capacity.
The product behind the stock
American Tower’s core business consists of owning and operating communication towers and related passive infrastructure, which it leases to mobile network operators on multi-year contracts. In addition, its CoreSite-branded data centers provide colocation, interconnection and cloud-on-ramp services for enterprises and hyperscale customers, creating recurring revenue streams tied to data traffic and digital workloads.
Where the stock trades today
American Tower shares (US03027X1000) most recently closed on the NYSE at 175.41 dollars on 2026-06-26, with the extended session ticking up to 175.85 dollars later that evening, according to MarketBeat data and U.S. exchange records.
Key data on the American Tower shares
- Company: American Tower Corporation
- ISIN: US03027X1000
- WKN: A1JX52
- Ticker: AMT
- Trading venue: NYSE
- Price (as of 2026-06-26, 19:39): 175.85 USD
- Market cap: approximately 81 billion USD (as of 2026-06-26)
- Sector / industry: Real Estate Investment Trusts (REITs) / Communication Infrastructure
- Index membership: S&P 500
- Next earnings date: not officially scheduled
Disclaimer: This article is for informational purposes only and does not constitute investment advice, a buy or sell recommendation, or a personalized financial consultation. All data and assessments are based on sources cited in the text and may change over time.
