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America Movil
(NYSE:AMX)
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Rating:67Neutral
Price Target:
$28.00
▲(7.65% Upside)
Action:Reiterated
Date:07/23/26
The score is primarily driven by solid underlying profitability but held back by leverage and mixed free-cash-flow momentum/cash conversion. The earnings call adds support due to improving operational trends and disciplined leverage guidance, while technicals and valuation are both broadly neutral and do not materially raise or reduce the overall view.
Positive Factors
Resilient Profitability & Margins
Sustained double‑digit EBIT and high EBITDA margins reflect a capital‑efficient core telecom business with scale advantages. Durable margins support reinvestment in networks, dividend/buyback capacity, and resilience to cyclicality across Latin American markets over the next several quarters.
Negative Factors
Elevated Leverage
Leverage remains material for a capital‑intensive telecom, constraining flexibility if operating cashflows weaken. High gross debt raises interest sensitivity and limits capacity for opportunistic investment or faster M&A without extending maturities or raising financing costs in adverse scenarios.
Read all positive and negative factors
Positive Factors
Negative Factors
Resilient Profitability & Margins
Sustained double‑digit EBIT and high EBITDA margins reflect a capital‑efficient core telecom business with scale advantages. Durable margins support reinvestment in networks, dividend/buyback capacity, and resilience to cyclicality across Latin American markets over the next several quarters.
Read all positive factors
America Movil (AMX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$78.00B
Dividend Yield2.34%
Average Volume (3M)1.32M
Price to Earnings (P/E)14.7
Beta (1Y)0.30
Revenue Growth13.40%
EPS Growth75.68%
CountryUS
Employees177,711
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)30.00
Shares Outstanding3,109,250,000
10 Day Avg. Volume1,747,621
30 Day Avg. Volume1,324,430
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)3.10
Price to Sales (P/S)1.27
P/FCF Ratio9.32
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$24.65Price Target Upside-5.21% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)32.15
Revenue Forecast (FY)$966.16B
America Movil Business Overview & Revenue Model
Company Description
América Móvil, S.A.B. de C.V. (AMX) stands as a prominent telecommunications conglomerate, extending its services across Latin America and into various international markets. The company's diverse portfolio includes both mobile and fixed-line voic...
How the Company Makes Money
América Móvil primarily makes money by selling telecommunications connectivity and related services on a recurring and usage basis. The company’s core revenue stream is service revenue from mobile customers, which includes (1) monthly subscription...
America Movil Earnings Call Summary
Earnings Call Date:Jul 21, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 20, 2026
Earnings Call Sentiment Positive
The call presented a predominantly positive operational and financial picture: robust postpaid net adds, broadband net adds, revenue and EBITDA growth (both reported and FX-adjusted), improved profitability, net-debt reduction and disciplined leverage within targets, and strategic fiber M&A to support future growth. Offsetting risks include promotional pressure in Brazil, prepaid base shrinkage globally, a recently-finalized regulatory fine and higher financial expenses driven by FX and legacy items, plus macro slowdown concerns. On balance, the positives (subscriber growth, margin expansion, deleveraging, M&A progress) outweigh the near-term challenges and one-off impacts.Positive Updates
Strong Postpaid Subscriber Additions
Added 3.5 million postpaid subscribers in Q2 (Brazil 1.5M, Colombia 250k, Peru 173k, Argentina 154k, Mexico 101k), driving postpaid revenue expansion and customer base growth.
Negative Updates
Prepaid Subscriber Net Losses
Prepaid segment recorded net losses of 3.9 million subscribers in the quarter as Colombia and Argentina 'cleaned up' bases; some markets still rely on prepaid recovery dynamics.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Postpaid Subscriber Additions
Added 3.5 million postpaid subscribers in Q2 (Brazil 1.5M, Colombia 250k, Peru 173k, Argentina 154k, Mexico 101k), driving postpaid revenue expansion and customer base growth.
Read all positive updates
Company Guidance
Management guided that they expect a recovery in Brazil in the second half of 2026 (improving in Q3 and stronger in Q4), will keep full‑year CapEx guidance (the CEO cited a target of "7 billion"), and will manage capital allocation to stay within a net‑debt/EBITDA band of 1.2x–1.5x; as of June net debt excluding capital leases was ARS 402 billion (1.31x LTM EBITDA). They reiterated an M&A focus on fiber targets (e.g., the Wow and Desktop deals) while maintaining dividend and buyback discipline (H1 share buybacks were reported at 44.6 billion and H1 cash flow enabled a 30 billion reduction in net debt), noted H1 CapEx of 48 billion pesos, labor obligation cash service of 8.4 billion pesos and net dividend income of 1.31 billion, and said any incremental free cash flow would be deployed consistent with the leverage target and committed payments.America Movil Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 952.96B | 885.08B | 869.22B | 816.01B | 844.50B | 830.69B |
| Gross Profit | 462.01B | 380.05B | 538.04B | 499.54B | 513.97B | 502.18B |
| EBITDA | 393.29B | 375.85B | 292.50B | 264.58B | 286.07B | 273.93B |
| Net Income | 89.38B | 77.68B | 22.90B | 76.11B | 76.16B | 192.42B |
Balance Sheet | ||||||
| Total Assets | 1.81T | 1.80T | 1.79T | 1.56T | 1.62T | 1.69T |
| Cash, Cash Equivalents and Short-Term Investments | 50.82B | 35.01B | 83.35B | 100.35B | 122.13B | 156.38B |
| Total Debt | 691.53B | 918.75B | 780.72B | 625.85B | 644.74B | 662.68B |
| Total Liabilities | 1.37T | 1.37T | 1.36T | 1.14T | 1.18T | 1.24T |
| Stockholders Equity | 375.61B | 362.66B | 369.09B | 366.71B | 373.80B | 389.63B |
Cash Flow | ||||||
| Free Cash Flow | 139.85B | 120.67B | 126.26B | 91.75B | 79.09B | 100.11B |
| Operating Cash Flow | 253.36B | 228.00B | 239.34B | 248.09B | 225.29B | 258.18B |
| Investing Cash Flow | -118.79B | -118.52B | -129.24B | -164.99B | -152.36B | -76.52B |
| Financing Cash Flow | -140.84B | -108.21B | -103.12B | -84.95B | -73.35B | -177.37B |
America Movil Technical Analysis
Negative
26.01
Price Trends
25.78
Negative
25.59
Negative
23.76
Positive
Market Momentum
0.06
Negative
51.03
Neutral
40.07
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMX, the sentiment is Negative. The current price of 26.01 is above the 20-day moving average (MA) of 25.83, above the 50-day MA of 25.78, and above the 200-day MA of 23.76, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 51.03 is Neutral, neither overbought nor oversold. The STOCH value of 40.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMX.
America Movil Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $20.67B | 15.84 | 9.70% | 5.69% | 16.10% | 24.13% | |
67 Neutral | $78.00B | 14.71 | 21.99% | 2.28% | 13.40% | 75.68% | |
64 Neutral | $14.49B | 15.18 | 11.99% | 8.52% | -3.37% | -27.49% | |
62 Neutral | $36.57B | -69.93 | -0.79% | 3.59% | 16.69% | 87.12% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | $4.59B | 11.70 | 7.27% | 4.01% | 18.57% | 5.36% |
* Communication Services Sector Average
AMX
America Movil
25.35
7.80
44.48%
TLK
PT Telekomunikasi Indonesia Tbk
14.66
-2.48
-14.48%
VIV
Telefonica Brasil
12.92
2.01
18.37%
TKC
Turkcell Iletisim
5.38
-0.19
-3.48%
VOD
Vodafone
15.78
5.15
48.50%
America Movil Corporate Events
América Móvil Posts Strong Q2 2026 Results and Moves to Acquire WOW Peru
Jul 23, 2026
In the second quarter of 2026, América Móvil reported solid operational growth, adding 3.5 million postpaid mobile subscribers, led by Brazil, and connecting 531,000 new broadband lines, with Mexico as the main contributor. Pay TV net ad...
América Móvil Moves to Acquire Peru’s WOW Tel to Expand Fiber Footprint
Jul 21, 2026
On July 20, 2026, América Móvil announced a share purchase agreement to acquire 100% of WOW Tel S.A.C. in Peru via its subsidiary América Móvil Perú S.A.C. WOW operates fixed telecommunications services over fiber-optic ne...
América Móvil Files 2025 Annual Report with U.S. and Mexican Regulators
Apr 29, 2026
On April 28, 2026, América Móvil filed its annual report for the fiscal year ended December 31, 2025 with securities regulators in the U.S. and Mexico, as well as the Mexican Stock Exchange. The report is available in English and Spanish...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.