American Tower raises 2026 outlook: what 2.5 percent growth means for American Tower stock
Published on 10/28/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutlook and data centers
- Third-quarter revenue increased 2.5 percent to USD 2.785 billion on October 27, 2026.
- American Tower raised the midpoint of its property revenue outlook by USD 55 million for fiscal year 2026.
- American Tower stock traded at EUR 165.70 at 11:04 a.m. Berlin time on October 28, 2026.
American Tower (ISIN US03027X1000) reported third-quarter 2026 revenue of USD 2.785 billion, up 2.5 percent, and raised its full-year 2026 property revenue outlook by USD 55 million at the midpoint on October 27, 2026, according to FT.com. The release identifies American Tower Corporation as the issuer of the original Business Wire announcement.
What the higher outlook means
Data centers supplied the clearest growth signal. American Tower reported 16.3 percent cash revenue growth in its Data Centers business during the third quarter, while total property revenue increased 4.5 percent to USD 2.734 billion. The company set its full-year property revenue outlook at USD 10.785 billion to USD 10.865 billion, with the midpoint increase attributed to Data Centers outperformance.
The contrast with reported earnings is important. Net income declined 14.4 percent to USD 781 million in the third quarter, while adjusted EBITDA increased 0.9 percent to USD 1.832 billion and AFFO attributable to common stockholders rose 2.4 percent to USD 1.335 billion. The release attributed part of the net income comparison to unrealized losses on equity investments.
Capital allocation adds a second signal
American Tower allocated USD 315 million to share repurchases during the third quarter. On October 23, 2026, its board authorized an additional USD 2.0 billion for future repurchases, while the company reported a 4.9 times net leverage ratio as of September 30, 2026. The balance between higher data center growth, slower tower expansion and leverage will shape how investors read the raised outlook.
The company also expects to sell its Canadian subsidiaries for approximately USD 202 million during the fourth quarter of 2026, subject to customary closing conditions. Its full-year AFFO attributable to common stockholders per share outlook is USD 11.04 to USD 11.16.
Stock price in Berlin
American Tower stock was trading at EUR 165.70 at Lang & Schwarz on October 28, 2026 at 11:04 a.m. Berlin time. The quote provides a live euro reference while the company results remain the central catalyst for the stock.
The further course of trading is shown by the continuously updated real-time quote of American Tower stock.
American Tower stock facts
- Company: American Tower Corporation
- ISIN: US03027X1000
- Ticker: AMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 28, 2026, 11:04 a.m. Berlin time): EUR 165.70
- Sector / Industry: Real Estate / REIT - Specialty
Market context: Market report S&P 500.
