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Argus

Argus

May 01, 2026

American Tower Corporation: Guidance midpoint projects 3.4% property revenue growth

Symbols

AMT

Sector(s)

Real Estate

Rating

Earnings Estimate

Current Price

$181.61

Price Target

Summary

American Tower operates wireless and broadcast communications real estate, including wireless towers, distributed antenna systems, and managed rooftop systems. The company leases multitenant space to wireless service providers and radio and television broadcasters. AMT entered the Data Centers sector with the acquisition of a joint venture interest in CoreSite in 2021 and currently owns a 72% share.

As of the beginning of 2026, the REIT is in 22 countries on five continents with 149,000 tower sites. Total operating revenues in 2025 topped $10.7 billion. North American assets accounted for just under half

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