América Móvil, S.A.B. de C.V. · AMX · FY2024 Q4 · Calendar Q1 2025
América Móvil: Growth Holds, but Prepaid Demand Softens
The call supports a constructive but qualified view: broadband, mobile postpaid, 5G, fiber, and corporate services are supporting growth, while prepaid softness, competition, FX, and regulation temper the outlook.
Earnings scorecard
Reported versus consensusMarket reaction
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Transcript intelligence
What changed
Versus the prior quarter, the company added detail on the Nubank MVNO, Chile consolidation, satellite-backbone testing, and no planned Mexican broadband price increases; prepaid demand was more cautious.
Guidance delta
Maintained: management said capex guidance remains on track.
Key takeaways
- Constant-currency revenue grew 10% year over year, led by mobile and broadband.
- Postpaid growth, fiber, 5G, bundles, and corporate services remain the main growth supports.
- Management was cautious on prepaid recharge activity and ruled out Mexican broadband price increases this year.
Management priorities
- Continue 5G and fiber expansion across key markets.
- Scale broadband bundles and value-added services.
- Modernize the Chilean network and pursue integration synergies.
- Explore satellite-backbone opportunities and assess strategic M&A.
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 22, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| JP Morgan | Overweight | Neutral | Upgrade | Aug 18, 2026 |
| Scotiabank | Sector Perform | Sector Perform | Maintain | May 27, 2026 |
| UBS | Buy | Buy | Maintain | Apr 23, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Oct 6, 2025 |
| Citigroup | Neutral | Buy | Downgrade | Sep 10, 2025 |
| HSBC | Buy | Hold | Upgrade | Apr 14, 2025 |
| Jefferies | Buy | Hold | Upgrade | Feb 16, 2024 |
| B of A Securities | Buy | Neutral | Upgrade | Oct 5, 2023 |
| New Street Research | Buy | Neutral | Upgrade | May 16, 2023 |
| LightShed Partners | Neutral | Neutral | Maintain | Mar 24, 2023 |
| Barclays | Overweight | Overweight | Maintain | Oct 17, 2022 |
| Piper Sandler | Buy | Neutral | Upgrade | Sep 20, 2022 |
| Itau BBA | Market Perform | Outperform | Downgrade | Oct 6, 2021 |
| Bradesco | Neutral | Neutral | Maintain | Nov 26, 2018 |
| Bank of America | Buy | Buy | Maintain | Aug 7, 2018 |
| Deutsche Bank | Hold | Hold | Maintain | Jun 25, 2018 |
| Morgan Stanley | Overweight | Equal Weight | Upgrade | Aug 10, 2017 |
| Credit Suisse | Neutral | Neutral | Maintain | Jul 10, 2017 |
| BTIG Research | Neutral | Neutral | Maintain | Jun 22, 2016 |
| Macquarie | Neutral | Outperform | Downgrade | Nov 17, 2015 |
| RBC Capital | Underperform | Underperform | Maintain | Apr 27, 2015 |
| BBVA | Underperform | Outperform | Downgrade | Aug 14, 2013 |
| Bernstein | Underperform | Underperform | Maintain | Apr 15, 2013 |
Named analyst price targets
Upside is calculated against the persisted previous close $24.29. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Banco Santander | Analyst unavailable | $27 | $23.22 | +11.2% | Aug 13, 2026 |
| New Street | Chris Hoare | $35 | $26.79 | +44.1% | Jun 17, 2026 |
| Scotiabank | Andres Coello | $20.8 | $25.94 | -14.4% | May 27, 2026 |
| Goldman Sachs | Analyst unavailable | $31.8 | $26.59 | +30.9% | May 18, 2026 |
| UBS | Leonardo Olmos | $31.5 | $26.15 | +29.7% | Apr 23, 2026 |
| UBS | Analyst unavailable | $30 | $23.76 | +23.5% | Feb 24, 2026 |
| Banco Santander | Analyst unavailable | $22 | $21.38 | -9.4% | Dec 12, 2025 |
| Goldman Sachs | Analyst unavailable | $24.3 | $22.27 | +0.0% | Oct 22, 2025 |
| Scotiabank | Analyst unavailable | $19.5 | $22.22 | -19.7% | Oct 16, 2025 |
| UBS | Analyst unavailable | $23.6 | $21.56 | -2.8% | Oct 16, 2025 |
| UBS | Leonardo Olmos | $19.6 | $17.59 | -19.3% | May 21, 2025 |
| Scotiabank | Andres Coello | $17.3 | $16.54 | -28.8% | Oct 16, 2024 |
| Scotiabank | Andres Coello | $17.8 | $16.75 | -26.7% | Sep 20, 2024 |
| Citigroup | Andrés Cardona | $20.5 | $16.44 | -15.6% | Sep 3, 2024 |
| Scotiabank | Andres Coello | $18.9 | $18.17 | -22.2% | Jul 17, 2024 |
| Scotiabank | Andres Coello | $19 | $16.84 | -21.8% | Jun 25, 2024 |
| Scotiabank | Andres Coello | $19.6 | $16.95 | -19.3% | Jun 14, 2024 |
| Goldman Sachs | Vitor Tomita | $22 | $19.2 | -9.4% | Apr 29, 2024 |
| Scotiabank | Andres Coello | $17.2 | $18 | -29.2% | Apr 25, 2024 |
| Jefferies | Alex Wright | $22.22 | $18.24 | -8.5% | Feb 16, 2024 |
| Banco Santander | Felipe Cheng | $26 | $19.86 | +7.0% | Nov 16, 2022 |
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Start freeCompany context
Snapshot as of publicationAmérica 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 voice communication, covering local, national, and international calls, along with essential network interconnection facilities. It delivers an extensive range of data solutions, such as operating data centers, providing data administration, and offering hosting services for both individual consumers and corporate entities. A broad spectrum of value-added offerings is also available, encompassing internet access, various messaging options, wireless entertainment, and customized corporate services. These offerings further extend to data transmission, email, real-time chat, streaming media, and interactive applications.…
Historical context
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| T-PA AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | +8.0% | — | AT&T pairs fiber growth with lower planned capital spending |
| TBB AT&T Inc. 5.35% GLB NTS 66 | FY2026 Q3 · Calendar Q4 2026 | +8.0% | -0.8% | AT&T raises guidance as fiber and connectivity growth accelerates |
| T AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | +8.0% | -6.4% | AT&T: Strong connectivity growth, higher EPS outlook, execution risks remain |
| T-PC AT&T Inc. | FY2026 Q3 · Calendar Q4 2026 | +8.0% | +2.9% | AT&T raises EPS outlook as fiber and connectivity growth accelerate |
Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-28T00:00:20.742579+00:00
- Polygon adjusted daily market bars · 2026-10-22T10:40:49.782135+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-22T10:40:49.779301+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-22. For educational purposes only; not investment advice.