← Stock movers news
Market movers
American TowerAMT · REIT - Specialty

Why American Tower (AMT) Stock Is Up In Pre-Market Trading

By Stocks To Buy Now AI ResearchPublished

Price snapshot$202.05
Pre-market move↑ +11.28%

Delayed snapshot

Pre-market change versus the previous trading-day close of $181.57; quote time shown above.

Wireless antennas on a cell tower
Archive cell-tower photograph taken September 27, 2016, illustrative of wireless infrastructure; not identified as this company’s property or a SpaceX project. Photo: Corey Coyle / Wikimedia Commons · CC BY 3.0 · Wikimedia-supplied thumbnail; displayed with a responsive crop.
THE CATALYST

What is behind the stock move?

American Tower’s rally coincides with reported SpaceX demand for U.S. cell sites; additional tower tenancy is a plausible sector benefit, not a verified American Tower award or a quantified earnings contribution.

AT A GLANCE

Latest company research

American Tower rose 11.28% to $202.05 in pre-market trading on October 23 at 9:25 AM Eastern, versus its $181.57 October 22 close, as tower shares rallied on reported SpaceX network plans.

  • The reported search for access to at least 80,000 U.S. cell sites raises the possibility of an additional large wireless tenant for tower infrastructure.
  • For American Tower, this is potential industry demand rather than a verified new SpaceX contract or company earnings announcement.
  • American Tower reported 2025 revenue of $10.645 billion, up 5.1%, including $10.305 billion of property revenue.
  • Its Q2 2026 revenue increased 4.7% to $2.749 billion, while adjusted funds from operations per share rose 4.2% to $2.71.
  • The completed October 22 chart shows a $181.57 close above the 20-day and 50-day averages of $173.37 and $174.39, with RSI at 58.4.
  • The pre-market quote moved above the prior $184–$186 resistance zone, with a sustained retest offering stronger confirmation than an opening gap alone.

The opportunity depends on real leasing commitments and economics, while higher interest costs and a reversal of the news-driven gap remain risks.

THE VISUAL RESEARCH

Financials and technicals

Charts through October 22, 2026. The session move above may reflect later news.

Financials
Technicals
WHAT TO WATCH

Technical setup and risks

The pre-market quote moved above the prior $184–$186 resistance zone, with a sustained retest offering stronger confirmation than an opening gap alone. The opportunity depends on real leasing commitments and economics, while higher interest costs and a reversal of the news-driven gap remain risks.

AI-assisted research with source and calculation checks. Price snapshots may be delayed. Technical charts use the stated completed session, which can precede the quoted intraday move. Educational information; investing involves risk.

EXPLORE COMPANY RESEARCH

American Tower (REI: the full stock picture

Earnings history, financials, price action and peer comparisons — all below.
Open AMT stock page ↗

EXPLORE THE COMPANY

American Tower (REI (AMT)

Explore earnings, price action, financials and industry comparisons.

Symbol
AMT
Sector
Real Estate
Industry
REIT - Specialty
Instrument type
EQUITY

Profile information from our saved company catalog. This is not a live quote or confirmation of current listing status.

EARNINGS & COMPANY RESEARCH

AMT earnings, valuation & price action

View in calendar ↗
NEXT EXPECTED REPORTOct 27 2026Before open · ET
EPS ESTIMATE1.64
REVENUE ESTIMATE2.76B

Expected dates may change. Estimates use the source’s reporting currency. Quotes and research are snapshots, not live prices.

Loading AMT earnings research…

AMT earnings previews and market catalysts

October 23, 2026 premarket: tower stocks rise as Deckers and wireless carriers fall
2026-10-23 · Crown Castle, SBA and American Tower lead the saved premarket gainers; Deckers and wireless carriers fall. Review timestamped prices, fresh earnings context and the limits of a partial early snapshot.

All upcoming earnings catalysts →

02 / FINANCIALS

American Tower (REI financials

Revenue, earnings, cash flow and financial strength in one view.

Reporting currency unconfirmed.

Revenue
Net income
Gross profit
Operating income
EBITDA
Operating cash flow
Capital expenditure
Cash
Total assets
Total liabilities
Shareholder equity
Total debt
Net profit margin
Gross margin
Short interest: days to cover
How to read these financial metrics

Figures use the app’s saved statements for the displayed period, not a trailing-year total. Margins divide profit by revenue; quick ratio uses current assets less inventory divided by current liabilities. Compare dates and currencies before comparing companies.

03 / WHAT COMES NEXT

American Tower (REI event catalysts

Company earnings and scheduled market events that may change expectations.

2026-10-27

AMT earnings

Watch reported results, management’s outlook and the share-price reaction.

See earnings expectations ↑
2026-10-2310:00 AM ET

Consumer sentiment · final

Watch changes in inflation expectations as well as sentiment.

Release schedule ↗Scheduled
2026-10-278:30 AM ET

Durable goods orders

Read core capital-goods orders alongside the headline; aircraft orders can create large swings.

Release schedule ↗Scheduled
2026-10-2710:00 AM ET

New home sales

Watch demand, inventories and revisions when assessing homebuilders and rate-sensitive sectors.

Release schedule ↗Scheduled
2026-10-282:00 PM ET

FOMC rate decision

Watch the statement and rate outlook; the first market reaction can reverse during the press conference.

Release schedule ↗Scheduled
2026-10-282:30 PM ET

Fed chair press conference

Listen for changes in the outlook for inflation, employment and future policy.

Release schedule ↗Scheduled
2026-10-298:30 AM ET

Initial jobless claims

Use the multiweek trend to distinguish normal volatility from a sustained increase in layoffs.

Release schedule ↗Scheduled
2026-10-298:30 AM ET

PCE inflation & consumer spending

Compare core PCE and real spending with expectations to assess inflation alongside demand.

Release schedule ↗Scheduled
2026-10-298:30 AM ET

Q3 GDP · advance estimate

Separate consumer demand from inventory and trade effects; revisions can change the growth picture.

Release schedule ↗Scheduled

Dates use U.S. Eastern time and can change. Calendar events provide context; they do not determine the direction of a stock move.

04 / SIDE BY SIDE

Compare AMT with its peers

Industry · Compare valuation, financial strength and price performance.

Companies with valuation data0
Peer median positive P/E
AMT P/E
AMT peer comparison: valuation
CompanyPriceMarket capP/EForward P/EP/SForward P/S
AMTAmerican Tower (REI

The peer median excludes the selected stock and is based on 0 available positive multiples. P/E median excludes negative or missing earnings multiples. Peer reports can have different fiscal periods and currencies; values are not currency-converted.

05 / PEER ANALYSIS

Explore AMT alongside its peers

REIT - Specialty · 8 companies · Cached market data

Comparison

Compare companies

Tap a bubble to inspect a company. Bubble area reflects market cap, with a minimum size for visibility.

1Y earnings per share change

Explore this comparison with the full research in the app.

AMTAmerican Tower (REI

1Y price change:
1Y earnings per share change:

Price observations: — to —
Financial observations: — to —
View research ↗
0 of 8 companies have both plotted values.

P/E distribution

Trailing price-to-earnings multiples · 0 companies

Median P/E
Middle 50%
AMT P/E

8 companies excluded from P/E statistics because earnings are non-positive or the saved multiple is missing. Statistics include all valid positive values, including those outside the focused chart range.

Companies

Showing 8 of 8 matching companies · Largest market cap first

  • Market cap 101.77BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 80.61BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 70.75BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 33.54BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 19.04BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 18.19BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 15.99BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗
  • Market cap 12.69BP/E P/S Forward P/E Forward P/S Catalog snapshot
    ↗

Explore industries

Open an industry for its comparison, valuation and companies.

U.S.-listed companies from the app’s catalog. Medians use saved positive P/E values; coverage and snapshot dates vary.

How this comparison works

Uses the saved companies from the same industry and listing market, including AMT, ordered by cached market cap. Company snapshots can have different dates; the web cache may cover fewer metrics and periods than the app.

Periods end at each company’s dated price snapshot. Change compares the latest saved observation with one at or before the selected period’s start. A daily price change uses consecutive saved sessions. Financial data updates quarterly, so short periods may show no change. Missing history and zero starting values are excluded; a negative starting value uses its absolute value as the denominator.

Metrics use saved ratios and percentages. Market caps use the listing market’s reporting currency; underlying financial statements may use different currencies. Circle sizes have a minimum for touch visibility, and an outlined circle indicates a missing market cap. These comparisons describe data, not recommendations or price predictions.

INDUSTRY COMPARISON

AMT industry peers

REIT - Specialty · Oct 16, 2026 · Closing-price performance

No industry peers are available in the current heatmap coverage.