Zacks Research Upgrades America Movil (NYSE:AMX) to “Strong-Buy”

America Movil (NYSE:AMX – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday, Zacks reports.

AMX has been the subject of several other reports. JPMorgan Chase & Co. raised America Movil from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $30.00 to $32.00 in a research note on Tuesday, August 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of America Movil in a research note on Thursday, August 13th. Santander raised America Movil from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 13th. UBS Group reduced their price objective on America Movil from $32.50 to $31.00 and set a “buy” rating for the company in a report on Thursday. Finally, Wall Street Zen downgraded America Movil from a “buy” rating to a “hold” rating in a research report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, America Movil presently has an average rating of “Moderate Buy” and an average price target of $29.43.

Get Our Latest Stock Analysis on AMX

America Movil Stock Down 1.6%

Shares of NYSE:AMX opened at $24.58 on Thursday. America Movil has a twelve month low of $19.70 and a twelve month high of $28.46. The company has a market capitalization of $73.85 billion, a PE ratio of 14.21, a P/E/G ratio of 1.27 and a beta of 0.59. The company has a current ratio of 0.71, a quick ratio of 0.66 and a debt-to-equity ratio of 0.90. The firm has a 50 day simple moving average of $22.77 and a 200-day simple moving average of $24.83.

America Movil (NYSE:AMX – Get Free Report) last released its quarterly earnings data on Wednesday, July 1st. The Wireless communications provider reported $0.46 earnings per share (EPS) for the quarter. The company had revenue of $13.78 billion during the quarter. America Movil had a net margin of 9.38% and a return on equity of 21.07%. On average, equities analysts predict that America Movil will post 1.90 EPS for the current fiscal year.

Institutional Investors Weigh In On America Movil

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sigma Planning Corp boosted its stake in shares of America Movil by 14.3% during the 3rd quarter. Sigma Planning Corp now owns 19,960 shares of the Wireless communications provider’s stock worth $423,000 after purchasing an additional 2,502 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in shares of America Movil by 10.3% during the third quarter. Evergreen Capital Management LLC now owns 26,852 shares of the Wireless communications provider’s stock worth $569,000 after buying an additional 2,500 shares in the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of America Movil in the third quarter valued at approximately $791,000. Eagle Harbor Asset Management Inc. ADV raised its position in shares of America Movil by 22.1% in the third quarter. Eagle Harbor Asset Management Inc. ADV now owns 22,230 shares of the Wireless communications provider’s stock valued at $471,000 after buying an additional 4,024 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of America Movil by 3.5% during the third quarter. Robeco Institutional Asset Management B.V. now owns 7,475,816 shares of the Wireless communications provider’s stock valued at $158,413,000 after buying an additional 251,941 shares during the period. Hedge funds and other institutional investors own 6.30% of the company’s stock.

Key America Movil News

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

  • Positive Sentiment: Zacks upgraded AMX from “hold” to “strong-buy,” providing a bullish analyst signal and potentially supporting demand for the shares. Zacks Research stock recommendations
  • Positive Sentiment: America Movil announced a special dividend of $0.2886 per share, payable November 18 to shareholders of record as of November 10. The distribution enhances shareholder returns, although the stock typically adjusts around the ex-dividend date.
  • Positive Sentiment: The company’s shares recently gained substantially after reports of better-than-expected earnings, suggesting resilient operating performance and improving investor confidence. America Movil stock price up following better-than-expected earnings
  • Neutral Sentiment: America Movil released its 2026 third-quarter earnings presentation. The update gives investors additional detail on quarterly results and management’s outlook, but the supplied report does not identify a new material catalyst. América Móvil 2026 Q3 results earnings call presentation
  • Neutral Sentiment: Weekend and pre-market indications placed the stock around €22.00–€22.30, offering limited information because trading is outside the primary U.S. session. America Movil stock trades at EUR 22.00
  • Negative Sentiment: UBS lowered its price target to $31 from $32.50 while maintaining a Buy rating. Although the revised target still implies upside, the reduction can temper near-term enthusiasm after the recent earnings-driven advance. UBS adjusts America Movil price target

America Movil Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for America Movil (NYSE:AMX)

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