American Tower Corporation (NYSE:AMT) is included among the 15 Blue Chip Dividend Stocks to Build a Passive Income Porfolio.
Photo by NeONBRAND on Unsplash
On December 1, Barclays analyst Brendan Lynch trimmed the firm’s rating on American Tower Corporation (NYSE:AMT) to Equal Weight and also lowered the price target to $200 from $203. The analyst highlighted that the tower companies might have difficulties collecting rent from EchoStar. In addition, issues like reserves and churn could also hurt growth in 2026. Barclays expects that negatives would outweigh the positives ahead, so it’s taking a more cautious stance for now.
American Tower Corporation (NYSE:AMT)’s earnings for the third quarter of 2025 came in strong, with revenues of $2.7 billion, which not only grew by 7.7% YoY but also beat analysts’ estimates by $61.4 million. The company’s property revenue jumped by 5.9% to $2.6 billion. Net income was the real winner, which grew by a staggering 217% to $913 million. The company mentioned that leasing also remained strong in its US and international towers due to spending on better coverage and capacity.
American Tower Corporation (NYSE:AMT) also raised its performance targets for the year. The company’s property revenue is now expected to be between $10.21 billion and $10.29 billion, which represents an increase of $40 million at the midpoint of the guidance range.
American Tower Corporation (NYSE:AMT) is an American infrastructure-focused real estate investment trust company.
While we acknowledge the potential of AMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 High Quality Dividend Stocks for Long-Term Investors and 15 Dividend Stocks That Outperform the S&P 500
Disclosure: None.
