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SBA Communications Corporation (SBAC)
NASDAQ:SBAC
SBAC Analyst Ratings
Moderate Buy
11 Buy
4 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SBAC Stock 12 Month Forecast
Average Price Target
$247.00
▲(13.91% Upside)
| Highest Price Target$280.00 | Average Price Target$247.00 | Lowest Price Target$221.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Morgan Stanley
Downgraded
03/31/25
RBC Capital
Reiterated
03/26/25
Barclays
Reiterated
03/21/25
MoffettNathanson
Reiterated
03/20/25
BMO Capital
Reiterated
03/18/25
Wells Fargo
Reiterated
03/17/25
JMP Securities
Reiterated
02/27/25
Jefferies
Reiterated
02/25/25
KeyBanc
Reiterated
02/25/25
J.P. Morgan
Reiterated
02/25/25
Raymond James
$265
Buy
22.21%
Upside
Reiterated
02/25/25
Raymond James Sticks to Its Buy Rating for SBA Communications (SBAC)reiterate our Strong Buy rating on SBAC.
Citi
$250
Buy
15.29%
Upside
Reiterated
02/24/25
Positive Outlook for SBA Communications: Buy Rating Affirmed Amid Promising Leasing Direction and Growth PotentialWe maintain our Buy on SBAC given the positive leasing direction and opportunities to improve underlying organic growth later in 2025 and into 2026. However, we expect consensus annual AFFOPS to ease by about 2% based on our model update, which could lead SBAC shares to pull-back near-term. Incremental Takeaways — We share our takeaways from the earnings call & our call- back in our note. Overall, the domestic leasing outlook should not surprise, while the International outlook is likely to ingest elevated churn from mergers and changes in industry structure through at least 2026. However, underlying domestic new leasing should improve with an exit in 4Q in the $9-10 million range and we still believe 2026 should support an outlook in the low- to mid-$40 mil range, which puts ex-merger organic growth back into the annual 4-6% range we expect for the category.
Bank of America Securities
$260
Buy
19.90%
Upside
Reiterated
02/24/25
SBA Communications: Strong Buy Rating Backed by Robust Performance and Strategic Growth Initiatives
UBS
$290→$280
Buy
29.13%
Upside
Reiterated
02/04/25
SBA Communications (SBAC) PT Lowered to $280 at UBSUBS analyst Batya Levi lowered the price target on SBA Communications (NASDAQ: SBAC) to $280.00 (from $290.00) while maintaining a Buy rating.
Deutsche Bank
$260→$233
Buy
7.45%
Upside
Reiterated
01/14/25
Deutsche Bank Sticks to Their Buy Rating for SBA Communications (SBAC)We reduce our 12-month price target to $233, vs. $260 prior owing to updated valuation assumptions and slightly lower estimates.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Downgraded
03/31/25
RBC Capital
Reiterated
03/26/25
Barclays
Reiterated
03/21/25
MoffettNathanson
Reiterated
03/20/25
BMO Capital
Reiterated
03/18/25
Wells Fargo
Reiterated
03/17/25
JMP Securities
Reiterated
02/27/25
Jefferies
Reiterated
02/25/25
KeyBanc
Reiterated
02/25/25
J.P. Morgan
Reiterated
02/25/25
Raymond James
$265
Buy
22.21%
Upside
Reiterated
02/25/25
Raymond James Sticks to Its Buy Rating for SBA Communications (SBAC)reiterate our Strong Buy rating on SBAC.
Citi
$250
Buy
15.29%
Upside
Reiterated
02/24/25
Positive Outlook for SBA Communications: Buy Rating Affirmed Amid Promising Leasing Direction and Growth PotentialWe maintain our Buy on SBAC given the positive leasing direction and opportunities to improve underlying organic growth later in 2025 and into 2026. However, we expect consensus annual AFFOPS to ease by about 2% based on our model update, which could lead SBAC shares to pull-back near-term. Incremental Takeaways — We share our takeaways from the earnings call & our call- back in our note. Overall, the domestic leasing outlook should not surprise, while the International outlook is likely to ingest elevated churn from mergers and changes in industry structure through at least 2026. However, underlying domestic new leasing should improve with an exit in 4Q in the $9-10 million range and we still believe 2026 should support an outlook in the low- to mid-$40 mil range, which puts ex-merger organic growth back into the annual 4-6% range we expect for the category.
Bank of America Securities
$260
Buy
19.90%
Upside
Reiterated
02/24/25
SBA Communications: Strong Buy Rating Backed by Robust Performance and Strategic Growth Initiatives
UBS
$290→$280
Buy
29.13%
Upside
Reiterated
02/04/25
SBA Communications (SBAC) PT Lowered to $280 at UBSUBS analyst Batya Levi lowered the price target on SBA Communications (NASDAQ: SBAC) to $280.00 (from $290.00) while maintaining a Buy rating.
Deutsche Bank
$260→$233
Buy
7.45%
Upside
Reiterated
01/14/25
Deutsche Bank Sticks to Their Buy Rating for SBA Communications (SBAC)We reduce our 12-month price target to $233, vs. $260 prior owing to updated valuation assumptions and slightly lower estimates.
SBAC Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
0
0
0
0
0
Buy
13
12
6
15
18
Hold
6
5
4
9
10
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
19
17
10
24
28
Each month's total comprises the sum of three months' worth of ratings.
SBAC Financial Forecast
SBAC Stock Forecast FAQ
What is SBAC’s average 12-month price target, according to analysts?
Based on analyst ratings, SBA Communications Corporation’s 12-month average price target is $247.00.
What is SBAC’s upside potential, based on the analysts’ average price target?
SBA Communications Corporation has 13.91% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SBAC a Buy, Sell or Hold?
SBA Communications Corporation has a consensus rating of Moderate Buy which is based on 11 buy ratings, 4 hold ratings and 0 sell ratings.
What is SBA Communications Corporation’s price target?
The average price target for SBA Communications Corporation is $247.00. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $280.00 ,the lowest forecast is $221.00. The average price target represents 13.91% Increase from the current price of $216.84.
The highest analyst price target is $280.00 ,the lowest forecast is $221.00. The average price target represents 13.91% Increase from the current price of $216.84.
What do analysts say about SBA Communications Corporation?
SBA Communications Corporation’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of SBAC?
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