Industry Challenges: The Zacks Wireless Non-US industry faces high capital expenditures, margin erosion, and supply-chain disruptions due to geopolitical conflicts, while healthy demand for connectivity is expected to benefit the sector in the long run.
Investment Trends: Companies like América Móvil, Telia Company, and TIM S.A. are focusing on upgrading their networks and diversifying from legacy services to capitalize on the growing demand for wireless and fiber connectivity, particularly with the rise of IoT and 5G.
Market Performance: Despite current challenges, the Zacks Wireless Non-US industry has outperformed the S&P 500 and the broader technology sector over the past year, with significant stock gains for key players.
Stock Recommendations: América Móvil, Telia, and TIM are highlighted as strong investment options, with América Móvil and TIM receiving a Zacks Rank of #1 (Strong Buy) due to their robust growth prospects and recent stock performance.
Wall Street analysts forecast AMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMX is 23.38 USD with a low forecast of 19.50 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast AMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMX is 23.38 USD with a low forecast of 19.50 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
4 Hold
0 Sell
Hold
Current: 20.750
Low
19.50
Averages
23.38
High
26.00
Current: 20.750
Low
19.50
Averages
23.38
High
26.00
Grupo Santander
Outperform -> Neutral
downgrade
$22
2025-12-12
Reason
Grupo Santander
Price Target
$22
AI Analysis
2025-12-12
downgrade
Outperform -> Neutral
Reason
Grupo Santander downgraded America Movil to Neutral from Outperform with a MXN 22 price target.
BofA
Rogerio Araujo
Neutral
maintain
$26
2025-12-11
Reason
BofA
Rogerio Araujo
Price Target
$26
2025-12-11
maintain
Neutral
Reason
BofA analyst Rogerio Araujo reinstated coverage of America Movil with a Neutral rating and $26 price target. The stock outperformed in 2025 with 33% total return year-to-date, while earnings revisions for 2026 dropped 13% year-to-date, notes the analyst, who sees the stock trading at "a fair risk-return."
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Goldman Sachs
Buy
maintain
2025-10-22
Reason
Goldman Sachs
Price Target
2025-10-22
maintain
Buy
Reason
Goldman Sachs raised the firm's price target on America Movil to $24.30 from $23.20 and keeps a Buy rating on the shares. Goldman still sees America Movil as a solid pick in the Latin America TMT sector, combining defensive characteristics with strong positioning in its key markets, which can continue to support improvement in profitability and cash generation, the analyst tells investors in a research note.
JPMorgan
Neutral
maintain
$21
2025-10-20
Reason
JPMorgan
Price Target
$21
2025-10-20
maintain
Neutral
Reason
JPMorgan raised the firm's price target on America Movil to $24.50 from $21 and keeps a Neutral rating on the shares. The firm updated the company's estimates post the Q3 report.
About AMX
America Movil SAB de CV is a Mexico-based company primarily involved in the telecommunications-services sector. The Company’s scope of activities revolves around telecommunications solutions related to mobile and fixed-line voice services, including airtime, local, domestical, and international long-distance operations, as well as network interconnection services. Furthermore, the Firm is engaged in both wireless and fixed data operations, Internet-access services, as well as Pay TV, which stands for solutions associated with pay per view, programming, and advertising. Additionally, The Company’s business includes services related to providing video, audio, and media, via the Internet to the end user, as well as other services related to the telecommunications-related industries. The activities offered by the Company cover approximately 20 countries across Latin America, Europe, the United States, and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
