SBA Communications (SBAC) Stock Forecast & Price Target

$215.44 -3.25 (-1.48%)

As of 01:02 PM Eastern

SBA Communications - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
4

Buy
10

Based on 14 Wall Street analysts who have issued ratings for SBA Communications in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 4 have given a hold rating, 8 have given a buy rating, and 2 have given a strong buy rating for SBAC.

Consensus Price Target

$252.85
17.36% Upside

According to the 14 analysts' twelve-month price targets for SBA Communications, the average price target is $252.85. The highest price target for SBAC is $300.00, while the lowest price target for SBAC is $225.00. The average price target represents a forecasted upside of 17.36% from the current price of $215.44.

Get the Latest News and Ratings for SBAC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for SBA Communications and its competitors.

SBAC Analyst Ratings Over Time

Type	Current Forecast 3/25/24 to 3/25/25	1 Month Ago 2/24/24 to 2/23/25	3 Months Ago 12/26/23 to 12/25/24	1 Year Ago 3/26/23 to 3/25/24
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	8 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)	11 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$252.85	$251.29	$254.92	$271.50
Forecasted Upside	17.36% Upside	17.97% Upside	25.85% Upside	24.32% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

Remove Ads

SBAC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SBAC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

SBA Communications Stock vs. The Competition

Type	SBA Communications	Finance Companies	S&P 500
Consensus Rating Score	2.86	2.52	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	15.62% Upside	44.34% Upside	16.92% Upside
News Sentiment Rating	Positive News See Recent SBAC News	Positive News	Positive News

Remove Ads

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/21/2025	Barclays 3 of 5 stars	Tim Long Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$240.00 ➝ $244.00	+9.70%
2/26/2025	Wells Fargo & Company 3 of 5 stars	Eric Luebchow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$210.00 ➝ $225.00	+2.90%
2/24/2025	Royal Bank of Canada 4 of 5 stars	Jonathan Atkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$255.00 ➝ $255.00	+18.98%
1/27/2025	Citizens Jmp Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Miller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
1/27/2025	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Greg Miller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$250.00	+27.01%
12/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Klein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Market Perform	$260.00 ➝ $230.00	+10.05%
10/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$251.00 ➝ $261.00	+12.31%
10/29/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$285.00 ➝ $300.00	+26.01%
10/14/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$230.00 ➝ $280.00	+19.91%
9/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Schneider Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$212.00 ➝ $240.00	+1.70%
Get the Latest News and Ratings for SBAC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for SBA Communications and its competitors with MarketBeat's FREE daily newsletter.
9/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$228.00 ➝ $250.00	+3.95%
9/18/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$232.00 ➝ $252.00	+3.82%
8/14/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$230.00 ➝ $240.00	+10.72%
4/30/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$290.00 ➝ $260.00	+34.51%
3/7/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$260.00	+19.83%
8/1/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$335.00 ➝ $315.00	+43.87%
3/30/2023	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$330.00 ➝ $312.00	+22.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:02 PM ET.

Should I Buy SBA Communications Stock? SBAC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, March 22, 2025. Please send any questions or comments about these SBA Communications pros and cons to contact@marketbeat.com.

SBA Communications
Bull Case

Here are some ways that investors could benefit from investing in SBA Communications Co.:

The current stock price of SBA Communications Co. is $221.64, reflecting a recent increase of 0.3%, which may indicate positive market sentiment and potential for further growth.
Institutional ownership is high, with 97.35% of the stock held by institutional investors and hedge funds, suggesting strong confidence in the company's future performance.
The company has a solid annualized dividend of $4.44, providing a yield of 2.02%, which can be attractive for income-focused investors.
Recent analyst upgrades, including a "strong-buy" rating from Citizens Jmp, indicate positive expectations for the company's stock performance moving forward.
SBA Communications Co. operates in the growing wireless communications infrastructure sector, which is expected to expand as demand for connectivity increases.

SBA Communications
Bear Case

Investors should be bearish about investing in SBA Communications Co. for these reasons:

Analysts have recently downgraded target prices, with Barclays reducing their target from $254.00 to $240.00, which may reflect concerns about the company's growth prospects.
Insider selling activity has been noted, with key executives reducing their holdings, which could signal a lack of confidence in the company's short-term performance.
The dividend payout ratio is 63.98%, indicating that a significant portion of earnings is being distributed as dividends, which may limit funds available for reinvestment in growth opportunities.
Market volatility and economic uncertainties could impact the performance of SBA Communications Co., especially in a sector that is sensitive to changes in technology and consumer demand.
With five analysts rating the stock as a hold, there may be a lack of strong bullish sentiment, suggesting that investors should proceed with caution.

SBAC Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for SBA Communications is $252.85, with a high forecast of $300.00 and a low forecast of $225.00.
: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 4 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SBAC shares.
: According to analysts, SBA Communications's stock has a predicted upside of 17.36% based on their 12-month stock forecasts.
: Over the previous 90 days, SBA Communications's stock had 1 upgrade by analysts.
: SBA Communications has been rated by research analysts at Barclays, Citizens Jmp, JMP Securities, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.
: Analysts like SBA Communications more than other "finance" companies. The consensus rating score for SBA Communications is 2.86 while the average consensus rating score for "finance" companies is 2.53. Learn more on how SBAC compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NASDAQ:SBAC) was last updated on 3/25/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

SBA Communications (SBAC) Stock Forecast & Price Target