Core Insights - American Tower Corporation (AMT) has a market cap of $83.4 billion and is a leading global REIT focused on multitenant communications real estate, with over 149,000 communications sites and a growing U.S. data center network [1] - AMT's stock has underperformed the broader market, dropping 9.8% over the past 52 weeks, while the S&P 500 Index has risen 13.4% [2] - Despite reporting better-than-expected Q3 2025 AFFO of $2.78 per share and revenues of $2.72 billion, AMT's shares fell 3.7% due to flat property revenue in the U.S. and Canada [4] Financial Performance - For the fiscal year ending December 2025, analysts expect AMT's AFFO per share to decline by 2.3% year-over-year to $10.30 [5] - The company raised its 2025 property revenue guidance to between $10.21 billion and $10.29 billion, but disclosed $30 million in revenue reserves related to legal disputes [4] Analyst Ratings and Price Targets - Among 23 analysts covering AMT, the consensus rating is a "Strong Buy," with 16 "Strong Buy" ratings, one "Moderate Buy," and six "Holds" [5] - Argus analyst lowered the price target on AMT to $210 while maintaining a "Buy" rating, with a mean price target of $230.20 indicating a 29.3% premium to the current price [6]