AM·Antero Midstream Corporation
AM|Analyst Targets
AM|Insider Trading
AM|Fundamentals
AM|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $0.36 | - | - |
| Q3'25 | $0.29 | $0.27 | -7.6% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $354M | - | - |
| Q3'25 | - | $312M | - |
AM|Monthly Returns
Market Data
AM Stock Snapshot
- Market cap
- 10.02B
- P/E ratio
- 25.1
- Day range
- $20.84 – $21.18
- News sentiment
- 53/100 · Neutral
- Analyst target
- $24.00 (+15.0%)
- Consensus
- Hold · 18 analysts
Neither side has the upper hand on AM right now, and its momentum ranks near the middle of DailyIQ's universe. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.
Reverse DCF
What growth is priced into AM?
At today's price, Antero Midstream Corporation needs to grow free cash flow about -2.7% a year for the next 10 years to justify its valuation at a 7.38% cost of capital. Over its actual history it has compounded free cash flow at 20.1% a year, so the market is asking for 22.8 percentage points below its own delivered rate. On that basis AM looks priced below what its own growth record supports.
- Implied FCF growth
- -2.7%
- Historical FCF CAGR
- 20.1%
- Growth gap
- -22.8 pts
- Verdict
- CHEAP
- Discount rate (WACC)
- 7.38%
- Beta
- 0.59
Behaviour On Record
What AM's own history says about today's numbers
- Realized volatility (21d)
- 22.9% 24th pct
- Below its peak
- -10.7%
- vs 200-day average
- -1.2%
- Up days (1y)
- 52%
Antero Midstream Corporation is currently running 22.9% annualised volatility over the last 21 sessions. Measured against AM's own 9 years of daily returns rather than a market-wide average, that is the 24th percentile — unusually subdued by its own history, against a typical reading of 28.5%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
AM is trading -10.7% below its running peak. Across 8 full years on file, its median worst-drawdown-in-a-year was -21.8%, and the deepest was -73.7% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.
Price sits -1.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 31st percentile — close to the gap it normally carries. Over the past year AM closed higher on 52% of sessions, and it is currently 1 session into a falling streak.
On October specifically: over 9 years of records, AM finished the month higher 3 of 9 times, with a median return of -5.5% and an average of -2.3%. Its strongest month historically has been April at +11.2% on average, its weakest March at -4.8%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: AM has opened more than 2% away from the prior close in 163 of 2,373 sessions (6.9% of the time), with the largest gaps running +17.0% and -10.3%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
All figures computed from 2,374 daily closes between 2017-05-04 and 2026-10-13, split-adjusted, recomputed daily. Percentiles are against AM's own 9-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of AM's sector?
Antero Midstream Corporation sits in the Utilities sector, currently ranked 6th of 12 GICS sectors by relative-strength rotation score (improving).
- Sector rank
- #6 of 12
- Sector state
- Improving
- Sector rotation score
- 55
Analyst Rating Changes
Are analysts turning bullish or bearish on AM?
UBS most recently reiterated its rating on Antero Midstream Corporation to Neutral on Sep 21, 2026 with a price target of $22 (from $24). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- UBS — Neutral
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
Earnings Release, Scored
What did Antero Midstream Corporation's latest earnings release say?
Most important lines
- 1
Michael Kennedy, CEO and President of Antero Midstream said, “During the quarter, Antero Midstream gathered over 4.1 Bcf/d of production, which was a 19% increase year-over-year and a new company record.
New this quarter - 2
Mr. Agnew further added, “In July, Antero Midstream received approximately $371 million of proceeds from Veolia, which allowed us to reduce absolute debt and be below our 3-times leverage target ahead of expectations.
New this quarter - 3
Gathering and compression volumes increased by 19% and 17%, respectively, compared to the prior year quarter.
New this quarter
ETF holders
ETFs holding AM
News Sentiment Analysis
Sentiment gathered from recent headlines
Recent News Coverage
Most recent articles, ranked by recency (click to expand).
Technical Analysis
Real-time indicators across multiple timeframes
| Manager | Trend | Shares Held | % of Co. | Position Value | Filed |
|---|---|---|---|---|---|
| BlackRock, Inc. | ▲ Buy | 38,199,783 | 7.95% | $869.05M | 2026-08-07 |
| Vanguard Group Inc | ▼ Sell | 36,075,910 | 7.51% | $641.79M | 2026-01-29 |
| Invesco Ltd. | ▼ Sell | 20,746,981 | 4.32% | $471.99M | 2026-08-14 |
| Geode Capital Management, LLC | ▲ Buy | 10,358,867 | 2.16% | $235.70M | 2026-08-12 |
| Neuberger Berman Group LLC | ▲ Buy | 7,434,848 | 1.55% | $169.15M | 2026-08-13 |
| Morgan Stanley | ▲ Buy | 6,702,243 | 1.39% | $152.48M | 2026-08-13 |
| Northern Trust Corp | ▲ Buy | 3,742,333 | 0.78% | $85.14M | 2026-08-13 |
| AllianceBernstein L.P. | ▼ Sell | 3,625,697 | 0.75% | $82.67M | 2026-08-14 |
| Norges Bank | ▼ Sell | 3,413,527 | 0.71% | $77.66M | 2026-08-12 |
| Gotham Asset Management, LLC | ▲ Buy | 2,644,371 | 0.55% | $60.16M | 2026-08-14 |
| Blackstone Inc. | ▼ Sell | 2,612,875 | 0.54% | $59.44M | 2026-08-14 |
| Goldman Sachs Group Inc | ▲ Buy | 2,446,954 | 0.51% | $55.67M | 2026-08-14 |
| FMR LLC (Fidelity) | ▲ Buy | 1,875,073 | 0.39% | $42.66M | 2026-08-13 |
| JPMorgan Chase & Co | ▲ Buy | 1,516,739 | 0.32% | $34.92M | 2026-08-12 |
| Bank of America Corp | ▼ Sell | 927,025 | 0.19% | $21.09M | 2026-08-14 |
| D. E. Shaw & Co., Inc. | ▲ Buy | 644,890 | 0.13% | $14.67M | 2026-08-14 |
| Wellington Management Group LLP | ▲ Buy | 571,156 | 0.12% | $12.99M | 2026-08-14 |
| AQR Capital Management LLC | ▲ Buy | 420,453 | 0.09% | $9.57M | 2026-08-14 |
| Prudential Financial Inc | ▼ Sell | 401,028 | 0.08% | $9.12M | 2026-08-12 |
| Artisan Partners Limited Partnership | ▲ New | 395,008 | 0.08% | $8.99M | 2026-08-13 |
| Caxton Associates LLP | ▲ Buy | 394,955 | 0.08% | $8.99M | 2026-08-14 |
| Wells Fargo & Company | ▲ Buy | 361,240 | 0.08% | $8.22M | 2026-08-14 |
| Janus Henderson Group plc | ▲ Buy | 273,772 | 0.06% | $6.24M | 2026-05-18 |
| Two Sigma Investments, LP | ▲ Buy | 192,842 | 0.04% | $4.39M | 2026-08-14 |
| Bridgewater Associates, LP | ▲ Buy | 178,664 | 0.04% | $4.06M | 2026-08-14 |