02:25 PM EDT, 10/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price by $6 to $24, 13.6x our 2026 earnings per ADS estimate, a slight premium to its 10-year forward average multiple at 13.0x, reflecting its jump in profit despite challenging conditions. We trim our 2025 and 2026 earnings per ADS estimates by MXN2.40 to MXN28.60 and MXN32.80. AMX added over 3 million postpaid clients in the quarter, with Brazil contributing about one-half of this growth. The postpaid base grew by 8.1% Y/Y, and fixed broadband accesses increased by 5.1%. The U.S. economy showed signs of slowing down, as evidenced by a sharp decline in the number of new jobs created over the quarter. This broader economic weakness affected currency movements and financial outlooks in the region of AMX's operations. In Brazil, despite good performance and average revenue per user growth in prepaid, there was mention of disconnections observed during the quarter, reflecting challenges in maintaining the prepaid subscriber base.