America Movil S.A.B. de C.V.
America Movil S.A.B. de C.V. (AMX) is one of Latin America’s largest telecoms groups, headquartered in Mexico and widely recognised for brands such as Telcel and Claro. The company offers mobile and fixed-line voice, broadband, pay-TV and enterprise services across multiple countries, giving it scale and market-leading positions in several markets. Growth drivers include rising mobile data use, broadband fibre roll-outs and phased 5G deployment, while profitability reflects pricing, spectrum and capital expenditure. Key risks are exposure to emerging-market currencies, regulatory decisions, and local competition, which can cause earnings volatility. With a market capitalisation near $67.2bn, America Movil provides broad regional exposure to consumer and business communications demand. This is general educational information, not personalised investment advice; investors should assess suitability, consider currency and regulatory risks, and consult a financial adviser before acting.
Why It's Moving
America Movil faces analyst skepticism as downside risks mount amid Mexico's telecom transformation
- Wireless revenue growth in Mexico lagging inflation: America Movil's Q3 2024 wireless service revenues grew only 3.8% year-over-year, trailing the 4.6% inflation rate and signaling weakness amid intensifying competition
- Structural headwinds from telecom sector overhaul: Constitutional reforms aimed at transforming Mexico's telecom sector into a state-controlled entity are expected to increase competition and further pressure margins going forward
- Broader portfolio weakness: Subsidiary VTR is experiencing concerning trends with a 5.0% year-over-year sales decline and low EBITDA margins of 10.1%, suggesting that broadband growth cannot offset video revenue deterioration
America Movil faces analyst skepticism as downside risks mount amid Mexico's telecom transformation
- Wireless revenue growth in Mexico lagging inflation: America Movil's Q3 2024 wireless service revenues grew only 3.8% year-over-year, trailing the 4.6% inflation rate and signaling weakness amid intensifying competition
- Structural headwinds from telecom sector overhaul: Constitutional reforms aimed at transforming Mexico's telecom sector into a state-controlled entity are expected to increase competition and further pressure margins going forward
- Broader portfolio weakness: Subsidiary VTR is experiencing concerning trends with a 5.0% year-over-year sales decline and low EBITDA margins of 10.1%, suggesting that broadband growth cannot offset video revenue deterioration
When is the next earnings date for America Movil S.A.B. de C.V. (AMX)?
America Móvil (AMX) is projected to report its next earnings on April 29, 2026, covering the first quarter of 2026 (Q1 2026), based on historical patterns following their Q1 2024 release on April 16. This estimated date aligns with analyst projections, though the company has not yet officially confirmed it. Investors should monitor official announcements for any updates.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying America Movil's stock with a target price of $24.10, indicating potential growth.
Financial Health
America Movil is performing well with strong revenue and cash flow, indicating healthy business operations.
Dividend
America Movil's average dividend yield of 2.90% is decent for those seeking some dividend income. If you invested $1000 you would be paid $29.00 a year in dividends (based on the last 12 months).
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Baskets Featuring AMX
Globalization Rewired
Global trade is changing, creating fresh investment opportunities in emerging markets. Our analysts have carefully selected stocks from Mexico and India that are positioned to benefit from supply chain shifts and economic growth.
Published: May 4, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Data demand growth
Rising mobile and broadband usage can support revenue expansion, though competitive pricing and capital spending may pressure margins.
Regional footprint
A wide Latin American presence provides scale and diversification, but local regulation and currency moves add volatility for investors.
Network investment focus
Fibre and 5G roll-outs can underpin long-term competitiveness, balanced against heavy capex and timing risks that affect cash flow.
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