América Móvil, S.A.B. de C.V. (AMX) posted a solid second quarter in 2026, with revenue rising $13.8 billion, up 10.5% from a year earlier. Profitability improved more sharply, as gross profit climbed to $8.7 billion and operating profit increased to $3.0 billion.
Net income attributable to common shareholders reached $1.4 billion, up 17.0% year over year, while diluted earnings per share came in at $0.02. Cash from operating activities also strengthened, increasing 37.3% to $4.1 billion.
On the cost side, cost of sales fell 28.8% to $5.1 billion, helping support the margin improvement. The company also continued investing in its network, with purchases of property, plant and equipment totaling $1.3 billion.
- Revenue: $13.8 billion, up 10.5%
- Gross profit: $8.7 billion, up 62.6%
- Operating profit: $3.0 billion, up 17.3%
- Net income: $1.4 billion, up 17.0%
- Operating cash flow: $4.1 billion, up 37.3%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
América Móvil, S.A.B. de C.V. Hedge Fund Activity
We have seen 147 institutional investors add shares of América Móvil, S.A.B. de C.V. stock to their portfolio, and 113 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS removed 30,135,954 shares (-74.7%) from their portfolio in Q1 2026, for an estimated $767,864,107
- CAPITAL WORLD INVESTORS added 13,872,513 shares (+inf%) to their portfolio in Q1 2026, for an estimated $353,471,631
- BOSTON PARTNERS added 2,352,705 shares (+48.7%) to their portfolio in Q1 2026, for an estimated $59,946,923
- NORTHCAPE CAPITAL PTY LTD removed 2,324,864 shares (-19.4%) from their portfolio in Q2 2026, for an estimated $60,423,215
- BANK OF AMERICA CORP /DE/ added 1,723,717 shares (+314.2%) to their portfolio in Q1 2026, for an estimated $43,920,309
- BANK OF MONTREAL /CAN/ added 1,232,981 shares (+4117.5%) to their portfolio in Q1 2026, for an estimated $31,416,355
- TEACHER RETIREMENT SYSTEM OF TEXAS added 1,010,000 shares (+60.8%) to their portfolio in Q1 2026, for an estimated $25,734,800
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
América Móvil, S.A.B. de C.V. Price Targets
Multiple analysts have issued price targets for $AMX recently. We have seen 3 analysts offer price targets for $AMX in the last 6 months, with a median target of $30.0.
Here are some recent targets:
- Andres Coello from Scotiabank set a target price of $20.8 on 05/27/2026
- Marcelo Santos from JP Morgan set a target price of $30.0 on 05/14/2026
- Leonardo Olmos from UBS set a target price of $31.5 on 04/23/2026
