Analysts expect American Tower to report Q3 2026 revenue of $2.77 billion and FFO per share of $2.78, as the stock trades at approximately $189.34 against a consensus price target of $225.00.
Investors are specifically focused on U.S. Organic Tenant Billings growth and updates regarding a potential large-scale leasing partnership with SpaceX for nationwide cell site access.
While domestic tower leasing activity has slowed following the initial 5G rollout, the company’s CoreSite data center business continues to deliver double-digit growth. Management’s full-year outlook will be critical to assessing how elevated interest rates are impacting FFO margins and the cost of debt refinancing in the current fiscal year.