AMT

American Tower raised its data center revenue outlook to about 15% for the year, citing strong leasing activity. The update suggests data centers are becoming a more significant part of the company’s growth alongside its tower portfolio.

American Tower is heading into its Q3 2026 earnings release with focus on tower leasing, global sites, and data center trends. Recent share price gains have sparked interest, but long‑term value creation remains questioned.

American Tower’s share price has risen 22.1% over the past three years, prompting investors to compare the current price to intrinsic value based on future cash flows.

SpaceX’s new cell tower plans have made tower owners excited about a potential big tenant.

SpaceX’s wireless push may pressure valuations of Verizon, AT&T, and T-Mobile, but tower operators could benefit, according to Citi.

SpaceX aims to become a phone carrier, and tower owners are already profiting from the move.

SpaceX is securing cell tower access after buying more wireless spectrum, boosting tower stocks like Crown Castle.

Reports of SpaceX talks with providers to secure thousands of cell sites have sent cell tower stocks higher.