AMX

I issue a "Buy" rating on América Móvil, citing a forward mid-single-digit shareholder yield and anticipated Q3 2026 outperformance. AMX is potentially shifting from inorganic expansion and deleveraging toward capital returns, judging by the recent acceleration in buybacks. Strong momentum in Mexico and Brazil, plus first-mover 5G advantage in Colombia, support my above-consensus EBITDA growth forecast for Q3 2026.

Amer Movil (AMX) reported earnings 30 days ago. What's next for the stock?

America Movil's 11.1% slide contrasts with firm postpaid and broadband growth, while Brazil competition and FX pressure cloud the outlook.

America Movil pairs postpaid and broadband growth with healthy cash generation, but its premium valuation raises the bar for execution.

America Movil faces staggered prepaid registration deadlines through Dec. 31, clouding subscriber trends as postpaid and service revenues grow.

Amer Movil (AMX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. AMX, SKM and SFTBY are well-positioned to make the most of the demand for seamless connectivity solutions.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

América Móvil, S.A.B. de C.V. (AMX) Q2 2026 Earnings Call Transcript

America Movil NYSE: AMX reported higher second-quarter 2026 revenue, EBITDA and net income, with management pointing to continued growth in postpaid mobile and fixed broadband customers while addressing competitive pressures in Brazil, growth in Mexico and Colombia, and a selective acquisition strategy focused on fiber assets.