American Tower Rose 10% in the Last 30 Days. Here’s Where the Stock Could Go in 2026

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American Tower Corporation (AMT) stock has risen 10% in the last 30 days due to strong Q4 earnings, positive analyst updates, and institutional investment shifts. The company’s AFFO per share grew over 13% in Q4, supported by solid leasing demand for towers and data centers. A valuation model suggests a target price of $248, implying a 30% upside, driven by continued mobile data growth, 5G upgrades, and increasing demand for data center connectivity from AI and cloud workloads.

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