America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) Stock Has Average Target Price of $29.52 According to Brokerages

Shares of America Movil, S.A.B. de C.V. Unsponsored ADR (NYSE:AMX) have been given an average rating of “Moderate Buy” by the nine brokerages that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $29.43.

A number of research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of America Movil in a report on Thursday, August 13th. Wall Street Zen downgraded shares of America Movil from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. raised shares of America Movil from a “neutral” rating to an “overweight” rating and upped their price target for the company from $30.00 to $32.00 in a research note on Tuesday, August 18th. Santander upgraded shares of America Movil from a “neutral” rating to an “outperform” rating in a research report on Thursday, August 13th. Finally, UBS Group dropped their price objective on shares of America Movil from $32.50 to $31.00 and set a “buy” rating for the company in a research note on Thursday.

America Movil Stock Performance

NYSE:AMX opened at $25.03 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.71 and a quick ratio of 0.66. America Movil has a 1 year low of $19.70 and a 1 year high of $28.46. The stock’s 50 day simple moving average is $22.74 and its two-hundred day simple moving average is $24.83. The company has a market cap of $75.22 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 1.24 and a beta of 0.59.

America Movil (NYSE:AMX) last issued its quarterly earnings data on Wednesday, July 1st. The Wireless communications provider reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $13.78 billion for the quarter. America Movil had a return on equity of 21.07% and a net margin of 9.38%. As a group, equities analysts anticipate that America Movil will post 1.90 earnings per share for the current fiscal year.

Institutional Trading of America Movil

Several hedge funds have recently made changes to their positions in the business. Faithward Advisors LLC purchased a new position in America Movil in the first quarter worth about $1,898,000. Bank of America Corp DE increased its stake in America Movil by 314.2% during the first quarter. Bank of America Corp DE now owns 2,272,406 shares of the Wireless communications provider’s stock worth $57,901,000 after acquiring an additional 1,723,717 shares during the last quarter. Cetera Investment Advisers increased its stake in America Movil by 95.5% during the first quarter. Cetera Investment Advisers now owns 140,574 shares of the Wireless communications provider’s stock worth $3,582,000 after acquiring an additional 68,661 shares during the last quarter. Amundi increased its stake in America Movil by 11.2% during the first quarter. Amundi now owns 2,381,539 shares of the Wireless communications provider’s stock worth $60,682,000 after acquiring an additional 239,057 shares during the last quarter. Finally, First Trust Advisors LP raised its position in America Movil by 12.5% during the first quarter. First Trust Advisors LP now owns 2,099,260 shares of the Wireless communications provider’s stock valued at $53,489,000 after purchasing an additional 233,925 shares during the period. 6.30% of the stock is currently owned by hedge funds and other institutional investors.

Key America Movil News

Here are the key news stories impacting America Movil this week:

• Positive Sentiment: Q3 earnings beat expectations: America Movil reported adjusted earnings of $0.47 per ADR, above the $0.46 analyst consensus and up from $0.40 a year earlier. The earnings surprise is likely the main catalyst for the stock’s advance. Amer Movil Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Profit growth reinforced the bullish reaction: Reports indicated that América Móvil’s third-quarter net profit increased 7%, while revenue also rose. This suggests continued operating momentum across its telecommunications business. Mexico’s America Movil Reports Third-Quarter Net Profit Up 7%
• Positive Sentiment: Post-earnings momentum: The ADR rose in the prior session and was reported at higher European premarket levels on October 22, indicating that investors were continuing to respond favorably to the earnings release. America Movil Stock Rises
• Neutral Sentiment: Investor focus remains on management commentary: The Q3 earnings-call transcript provides additional detail on results, business conditions and the outlook, but the supplied reports do not identify a separate new forecast change or major risk. América Móvil Q3 2026 Earnings Call Transcript

America Movil Company Profile

América Móvil, SAB. de C.V. is a Mexico-based telecommunications company that provides wireless and fixed-line communications services. Its offerings include mobile voice and data, broadband internet, landline telephone service, pay television, digital services, and enterprise telecommunications solutions. The company serves individual consumers, businesses, and government customers.

América Móvil operates across Latin America, the United States, and parts of Europe. Its principal brands include Telcel in Mexico and Claro in several Latin American markets.