SBA Communications (SBAC) Stock Forecast, Price Target & Predictions
SBAC Stock Forecast
SBA Communications stock forecast is as follows: an average price target of $315.82 (represents a 28.93% upside from SBAC’s last price of $244.96) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
SBAC Price Target
The average price target for SBA Communications (SBAC) is $315.82 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $425.00 to $220.00. This represents a potential 28.93% upside from SBAC's last price of $244.96.
SBAC Analyst Ratings
According to 16 Wall Street analysts, SBA Communications's rating consensus is 'Buy'. The analyst rating breakdown for SBAC stock is 1 'Strong Buy' (6.25%), 12 'Buy' (75.00%), 3 'Hold' (18.75%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SBA Communications Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 14, 2024 | Matt Niknam | Deutsche Bank | $240.00 | $217.07 | 10.56% | -2.02% |
| Jul 30, 2024 | Ari Klein | BMO Capital | $245.00 | $217.94 | 12.42% | 0.02% |
| Jul 15, 2024 | Eric Luebchow | Wells Fargo | $220.00 | $212.83 | 3.37% | -10.19% |
| May 09, 2024 | Jonathan Atkin | RBC Capital | $235.00 | $197.22 | 19.16% | -4.07% |
| May 02, 2024 | Matthew Niknam | Deutsche Bank | $230.00 | $189.12 | 21.62% | -6.11% |
| Apr 30, 2024 | Brandon Nispel | KeyBanc | $227.00 | $201.89 | 12.44% | -7.33% |
| Apr 30, 2024 | Eric Luebchow | Wells Fargo | $230.00 | $201.89 | 13.92% | -6.11% |
| Apr 17, 2024 | Brendan Lynch | Barclays | $255.00 | $195.06 | 30.73% | 4.10% |
| Apr 08, 2024 | Nick Del Deo | MoffettNathanson | $262.00 | $213.40 | 22.77% | 6.96% |
| Jul 13, 2023 | Ari Klein | Loop Capital Markets | $260.00 | $241.83 | 7.51% | 6.14% |
The latest SBA Communications stock forecast, released on Aug 14, 2024 by Matt Niknam from Deutsche Bank, set a price target of $240.00, which represents a 10.56% increase from the stock price at the time of the forecast ($217.07), and a -2.02% decrease from SBAC last price ($244.96).
SBA Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 9 |
| Avg Price Target | - | $235.00 | $238.22 |
| Last Closing Price | $244.96 | $244.96 | $244.96 |
| Upside/Downside | -100.00% | -4.07% | -2.75% |
In the current month, the average price target of SBA Communications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SBA Communications's last price of $244.96. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 14, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 30, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 30, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 30, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 15, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Jul 01, 2024 | Goldman Sachs | Buy | Neutral | Initialise |
| May 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 02, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Apr 30, 2024 | Cowen & Co. | Buy | Buy | Hold |
SBA Communications's last stock rating was published by Deutsche Bank on Aug 14, 2024. The company gave SBAC a "Buy" rating, the same as its previous rate.
SBA Communications Financial Forecast
SBA Communications Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $682.54M | $678.50M | $675.52M | $686.09M | $675.58M | $652.01M | $619.77M | $595.26M | $589.30M | $575.53M | $548.74M | $535.91M | $522.94M | $507.23M | $517.07M | $513.66M | $507.55M |
| Avg Forecast | $693.04M | $681.22M | $672.85M | $670.38M | $687.01M | $681.77M | $670.51M | $672.55M | $669.85M | $669.38M | $665.21M | $671.08M | $682.11M | $679.82M | $676.87M | $675.43M | $679.80M | $650.20M | $626.21M | $603.50M | $591.24M | $576.36M | $558.98M | $540.95M | $529.84M | $518.44M | $499.97M | $511.07M | $506.56M | $497.55M |
| High Forecast | $701.35M | $689.38M | $680.92M | $678.42M | $695.25M | $689.95M | $678.55M | $680.62M | $677.88M | $676.37M | $673.18M | $679.13M | $692.70M | $687.97M | $684.99M | $683.53M | $687.95M | $658.00M | $633.23M | $610.27M | $597.87M | $582.83M | $565.25M | $547.02M | $535.79M | $524.26M | $505.58M | $516.81M | $512.25M | $503.13M |
| Low Forecast | $683.24M | $671.58M | $663.33M | $660.90M | $677.30M | $672.13M | $661.03M | $663.04M | $660.38M | $659.16M | $655.80M | $661.59M | $676.02M | $670.20M | $667.30M | $665.88M | $670.18M | $641.01M | $617.00M | $594.63M | $582.55M | $567.89M | $550.76M | $533.00M | $522.05M | $510.82M | $492.62M | $503.56M | $499.12M | $490.23M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.01% | 1.04% | 1.04% | 1.03% | 1.01% | 1.02% | 1.03% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.02% |
SBA Communications's average Quarter revenue forecast for Dec 23 based on 10 analysts is $682.11M, with a low forecast of $676.02M, and a high forecast of $692.70M. SBAC's average Quarter revenue forecast represents a -0.06% decrease compared to the company's last Quarter revenue of $682.54M (Sep 23).
SBA Communications EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $419.79M | $501.24M | $474.39M | $449.71M | $390.33M | $353.17M | $510.50M | $312.98M | $308.90M | $477.74M | $253.11M | $418.86M | $291.54M | $299.38M | $87.24M | $362.23M | $290.89M |
| Avg Forecast | $440.01M | $432.50M | $427.19M | $425.63M | $436.19M | $432.86M | $425.71M | $427.00M | $425.29M | $424.99M | $422.34M | $443.17M | $433.07M | $431.62M | $429.75M | $350.33M | $431.60M | $309.77M | $397.58M | $276.94M | $375.38M | $365.93M | $354.90M | $529.30M | $336.40M | $329.16M | $317.43M | $380.80M | $321.62M | $315.89M |
| High Forecast | $445.29M | $437.69M | $432.32M | $430.73M | $441.42M | $438.05M | $430.81M | $432.12M | $430.39M | $429.43M | $427.40M | $531.80M | $439.79M | $436.79M | $434.90M | $420.40M | $436.78M | $371.72M | $402.04M | $332.33M | $379.59M | $370.04M | $358.88M | $635.16M | $340.17M | $332.85M | $320.99M | $456.96M | $325.23M | $319.44M |
| Low Forecast | $433.79M | $426.39M | $421.15M | $419.61M | $430.02M | $426.73M | $419.69M | $420.96M | $419.27M | $418.50M | $416.37M | $354.53M | $429.21M | $425.51M | $423.67M | $280.26M | $425.50M | $247.81M | $391.74M | $221.55M | $369.86M | $360.55M | $349.68M | $423.44M | $331.45M | $324.32M | $312.77M | $304.64M | $316.89M | $311.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.17% | 1.35% | 1.04% | 1.26% | 0.89% | 1.84% | 0.83% | 0.84% | 1.35% | 0.48% | 1.25% | 0.89% | 0.94% | 0.23% | 1.13% | 0.92% |
10 analysts predict SBAC's average Quarter EBITDA for Dec 23 to be $433.07M, with a high of $439.79M and a low of $429.21M. This is 3.16% upper than SBA Communications's previous annual EBITDA (Sep 23) of $419.79M.
SBA Communications Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $87.42M | $203.65M | $101.22M | $103.28M | $100.01M | $69.52M | $188.62M | $48.90M | $47.80M | $152.67M | $-11.74M | $105.78M | $22.57M | $22.81M | $-127.06M | $67.35M | $21.68M |
| Avg Forecast | $174.44M | $229.36M | $211.05M | $148.60M | $214.28M | $227.20M | $226.99M | $223.76M | $234.52M | $242.91M | $231.46M | $168.12M | $147.69M | $125.84M | $130.81M | $132.90M | $119.06M | $47.93M | $97.16M | $105.06M | $73.52M | $87.01M | $73.52M | $-24.56M | $56.26M | $37.33M | $30.57M | $-554.61M | $42.49M | $37.52M |
| High Forecast | $177.16M | $232.93M | $214.34M | $150.91M | $217.62M | $230.75M | $230.53M | $227.25M | $238.17M | $251.69M | $235.07M | $201.75M | $149.47M | $127.80M | $132.85M | $159.49M | $120.92M | $57.52M | $98.58M | $126.08M | $74.59M | $88.27M | $74.59M | $-19.65M | $57.08M | $37.88M | $31.02M | $-443.69M | $43.11M | $38.07M |
| Low Forecast | $171.23M | $225.14M | $207.17M | $145.87M | $210.34M | $223.02M | $222.81M | $219.64M | $230.20M | $236.32M | $227.20M | $134.50M | $145.91M | $123.53M | $128.41M | $106.32M | $116.87M | $38.35M | $95.30M | $84.05M | $72.11M | $85.34M | $72.11M | $-29.47M | $55.19M | $36.62M | $29.99M | $-665.53M | $41.68M | $36.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 1.56% | 0.76% | 0.87% | 2.09% | 0.72% | 1.80% | 0.67% | 0.55% | 2.08% | 0.48% | 1.88% | 0.60% | 0.75% | 0.23% | 1.59% | 0.58% |
SBA Communications's average Quarter net income forecast for Dec 23 is $147.69M, with a range of $145.91M to $149.47M. SBAC's average Quarter net income forecast represents a 68.95% increase compared to the company's last Quarter net income of $87.42M (Sep 23).
SBA Communications SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $64.82M | $63.38M | $72.21M | $70.61M | $65.84M | $63.27M | $62.12M | $63.48M | $51.00M | $53.95M | $235.90M | $227.97M | $228.64M | $227.79M | $232.20M | $223.45M | $217.26M |
| Avg Forecast | $66.87M | $65.73M | $64.92M | $64.69M | $66.29M | $65.79M | $64.70M | $64.90M | $64.64M | $64.59M | $64.19M | $55.37M | $65.82M | $65.60M | $65.31M | $43.77M | $65.59M | $51.14M | $60.42M | $34.60M | $57.05M | $55.61M | $53.94M | $493.31M | $51.13M | $50.03M | $48.24M | $49.31M | $48.88M | $48.01M |
| High Forecast | $67.67M | $66.52M | $65.70M | $65.46M | $67.09M | $66.57M | $65.47M | $65.67M | $65.41M | $65.26M | $64.96M | $66.45M | $66.84M | $66.38M | $66.10M | $52.53M | $66.38M | $61.37M | $61.10M | $41.52M | $57.69M | $56.24M | $54.54M | $591.98M | $51.70M | $50.59M | $48.78M | $49.87M | $49.43M | $48.55M |
| Low Forecast | $65.93M | $64.80M | $64.01M | $63.77M | $65.35M | $64.85M | $63.78M | $63.98M | $63.72M | $63.60M | $63.28M | $44.30M | $65.23M | $64.67M | $64.39M | $35.02M | $64.67M | $40.91M | $59.54M | $27.68M | $56.21M | $54.80M | $53.14M | $394.65M | $50.37M | $49.29M | $47.53M | $48.59M | $48.16M | $47.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | 1.65% | 1.08% | 1.29% | 1.05% | 1.80% | 1.11% | 0.92% | 1.00% | 0.48% | 4.46% | 4.57% | 4.72% | 4.71% | 4.57% | 4.53% |
SBA Communications's average Quarter SG&A projection for Dec 23 is $65.82M, based on 10 Wall Street analysts, with a range of $65.23M to $66.84M. The forecast indicates a 1.54% rise compared to SBAC last annual SG&A of $64.82M (Sep 23).
SBA Communications EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.81 | $1.88 | $0.94 | $0.96 | $0.93 | $0.64 | $1.75 | $0.45 | $0.44 | $1.40 | $-0.11 | $0.96 | $0.20 | $0.20 | $-1.14 | $0.60 | $0.19 |
| Avg Forecast | $1.62 | $2.13 | $1.96 | $1.38 | $1.99 | $2.11 | $2.11 | $2.08 | $2.18 | $2.26 | $2.15 | $1.17 | $1.37 | $1.17 | $1.21 | $1.21 | $1.11 | $0.95 | $0.90 | $1.00 | $0.68 | $0.81 | $0.68 | $0.15 | $0.52 | $0.35 | $0.28 | $0.40 | $0.39 | $0.35 |
| High Forecast | $1.65 | $2.16 | $1.99 | $1.40 | $2.02 | $2.14 | $2.14 | $2.11 | $2.21 | $2.34 | $2.18 | $1.19 | $1.39 | $1.19 | $1.23 | $1.23 | $1.12 | $0.96 | $0.92 | $1.01 | $0.69 | $0.82 | $0.69 | $0.15 | $0.53 | $0.35 | $0.29 | $0.41 | $0.40 | $0.35 |
| Low Forecast | $1.59 | $2.09 | $1.92 | $1.35 | $1.95 | $2.07 | $2.07 | $2.04 | $2.14 | $2.19 | $2.11 | $1.15 | $1.36 | $1.15 | $1.19 | $1.19 | $1.09 | $0.93 | $0.89 | $0.98 | $0.67 | $0.79 | $0.67 | $0.15 | $0.51 | $0.34 | $0.28 | $0.40 | $0.39 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 1.55% | 0.77% | 0.87% | 0.98% | 0.71% | 1.76% | 0.66% | 0.54% | 2.05% | -0.73% | 1.84% | 0.58% | 0.70% | -2.82% | 1.52% | 0.55% |
According to 10 Wall Street analysts, SBA Communications's projected average Quarter EPS for Dec 23 is $1.37, with a low estimate of $1.36 and a high estimate of $1.39. This represents a 69.33% increase compared to SBAC previous annual EPS of $0.81 (Sep 23).
SBA Communications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SBAC | SBA Communications | $245.00 | $315.82 | 28.91% | Buy |
| CCI | Crown Castle | $119.54 | $139.10 | 16.36% | Hold |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital | $35.25 | $38.80 | 10.07% | Buy |
| AMT | American Tower | $239.45 | $254.71 | 6.37% | Buy |
| EQIX | Equinix | $864.33 | $869.83 | 0.64% | Buy |
| DLR | Digital Realty Trust | $157.58 | $155.00 | -1.64% | Buy |
| IRM | Iron Mountain | $115.92 | $68.80 | -40.65% | Buy |
SBAC Forecast FAQ
Is SBA Communications a good buy?
Yes, according to 16 Wall Street analysts, SBA Communications (SBAC) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 12 'Buy' recommendations, accounting for 81.25% of SBAC's total ratings.
What is SBAC's price target?
SBA Communications (SBAC) average price target is $315.82 with a range of $220 to $425, implying a 28.93% from its last price of $244.96. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SBA Communications stock go up soon?
According to Wall Street analysts' prediction for SBAC stock, the company can go up by 28.93% (from the last price of $244.96 to the average price target of $315.82), up by 73.50% based on the highest stock price target, and down by -10.19% based on the lowest stock price target.
Can SBA Communications stock reach $400?
SBAC's highest twelve months analyst stock price target of $425 supports the claim that SBA Communications can reach $400 in the near future.
What are SBA Communications's analysts' financial forecasts?
SBA Communications's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.71B (high $2.74B, low $2.67B), average EBITDA is $1.72B (high $1.74B, low $1.7B), average net income is $892.23M (high $906.14M, low $875.82M), average SG&A $261.67M (high $264.81M, low $257.97M), and average EPS is $8.29 (high $8.42, low $8.13). SBAC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.72B (high $2.75B, low $2.68B), average EBITDA is $1.73B (high $1.75B, low $1.7B), average net income is $763.44M (high $775.35M, low $749.41M), average SG&A $262.22M (high $265.36M, low $258.51M), and average EPS is $7.09 (high $7.2, low $6.96).
Did the SBAC's actual financial results beat the analysts' financial forecasts?
Based on SBA Communications's last annual report (Dec 2023), the company's revenue was $2.71B, which missed the average analysts forecast of $2.71B by -0.10%. Apple's EBITDA was $864.44M, missing the average prediction of $1.64B by -47.44%. The company's net income was $599.59M, beating the average estimation of $537.25M by 11.60%. Apple's SG&A was $267.94M, beating the average forecast of $240.5M by 11.41%. Lastly, the company's EPS was $5.51, beating the average prediction of $4.97 by 10.89%. In terms of the last quarterly report (Sep 2023), SBA Communications's revenue was $682.54M, beating the average analysts' forecast of $679.82M by 0.40%. The company's EBITDA was $419.79M, missing the average prediction of $431.62M by -2.74%. SBA Communications's net income was $87.42M, missing the average estimation of $125.84M by -30.53%. The company's SG&A was $64.82M, missing the average forecast of $65.6M by -1.18%. Lastly, the company's EPS was $0.81, missing the average prediction of $1.17 by -30.69%