American Tower

American Tower raised its 2026 guidance again, increasing midpoint property-revenue by $110 million, adjusted EBITDA by $45 million and AFFO by $0.09 per share after robust tower leasing and record CoreSite data center activity. Q2 cash, FX-neutral property revenue grew over 7% excluding DISH-related churn, while CoreSite revenue rose about 12% marking its fifth consecutive quarter of double-digit growth. Management cited new spectrum, higher-capacity 5G and AI-driven low-latency demand as catalysts and said it will direct ~85% of 2026 discretionary capital to developed markets, including over $700 million for data center development. The company completed sales in the Philippines and Bangladesh, ended the quarter with 4.9x leverage and expects AFFO-per-share growth to trough in 2026 before improving in 2027. » More on finance.yahoo.com

On March 6, Robert D. Hormats informed the company that he will not be available for re-election at the 2026 annual meeting; this decision is not due to disagreements with American Tower. He will remain a member of the nominations and corporate governance committee until the annual meeting. American Tower also published its 2026 board compensation (CEO Steven O. Vondran: base salary $1,000,000, target cash bonus $2,000,000) and reported solid Q4 results. Several analysts updated their ratings and price targets, including Bernstein (Market Perform, $205), TD Cowen ($225), Citizens (Market Outperform, $260) and Raymond James (Strong Buy, $229). » More on de.investing.com

American Tower disclosed base salaries and target cash bonuses for executives in 2026: CEO Steven O. Vondran receives a base salary of $1,000,000 and a target bonus of 200% ($2,000,000); CFO Rodney M. Smith $706,200 and a 125% target bonus ($882,750); and other senior managers mainly with 125% target bonuses. The compensation committee determines actual payouts based on the company’s financial goals and can increase bonus payments to up to 200% of the target if goals are exceeded. It was also noted that Olivier Puech retired on January 2, 2026, and that American Tower reported strong Q4/2025 results, while analysts (including TD Cowen, Citizens, Raymond James) provided mixed target price adjustments and ratings. » More on de.investing.com