SBA Communications (SBAC) Stock Forecast & Price Target

$166.15 +0.03 (+0.02%)

Closing price 09/25/2026 04:00 PM Eastern

Extended Trading

$166.21 +0.06 (+0.04%)

As of 09/25/2026 07:30 PM Eastern

Compare

SBA Communications - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
0

Hold
9

Buy
7

Based on 16 Wall Street analysts who have issued ratings for SBA Communications in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 9 have given a hold rating, and 7 have given a buy rating for SBAC.

Consensus Price Target

$224.87
35.34% Upside

According to the 16 analysts' twelve-month price targets for SBA Communications, the average price target is $224.87. The highest price target for SBAC is $260.00, while the lowest price target for SBAC is $205.00. The average price target represents a forecasted upside of 35.34% from the current price of $166.15.

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.

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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

SBAC Analyst Ratings Over Time

Type	Current Forecast 9/26/25 to 9/26/26	1 Month Ago 8/27/25 to 8/27/26	3 Months Ago 6/28/25 to 6/28/26	1 Year Ago 9/26/24 to 9/26/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)
Hold	9 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$224.87	$225.81	$236.39	$251.73
Forecasted Upside	35.34% Upside	20.78% Upside	28.64% Upside	29.61% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

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	Real Estate Companies	Broader Market
Consensus Rating Score	2.44	2.30	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	35.34% Upside	48.19% Upside	19.20% Upside
News Sentiment Rating	Positive News See Recent SBAC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/24/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C) ➝ Hold (C-)
9/21/2026	Morgan Stanley 3 of 5 stars	Simon Flannery Not Rated	Lower Target	Equal Weight	$215.00 ➝ $205.00	+15.44%
8/24/2026	UBS Group 4 of 5 stars		Downgrade	Market Perform ➝ Hold
8/24/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform
8/20/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brendan Lynch Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$245.00 ➝ $208.00	+14.02%
8/5/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Niknam Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$248.00 ➝ $238.00	+36.16%
8/4/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
8/4/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform
8/4/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Outperform
8/4/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Richard Choe Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$230.00 ➝ $220.00	+18.72%
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.
7/17/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Eric Luebchow Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$220.00 ➝ $210.00	+13.49%
7/10/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jonathan Atkin Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$245.00 ➝ $210.00	+12.62%
6/26/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Ng Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral	$205.00	+13.29%
5/1/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Maher Yaghi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$223.00 ➝ $230.00	+4.81%
4/30/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brandon Nispel Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$235.00 ➝ $250.00	+15.21%
3/5/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Madison Rezaei Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Market Perform	$218.00	+10.98%
11/4/2025	Williams Trading Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregory Williams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$237.00	+19.87%
8/27/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Funk Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$260.00 ➝ $230.00	+5.10%
8/5/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ric Prentiss Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Strong-Buy	$265.00	+20.92%
8/5/2025	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Greg P. Miller Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Market Outperform	$270.00 ➝ $280.00	+21.53%
5/20/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold	$247.00	+4.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:36 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 Friday, September 25, 2026. 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.:

SBA Communications Co. recently launched a new $2.5 billion commercial paper program on September 25, 2026, which demonstrates the company's strong liquidity position and ability to access capital markets efficiently to support its operations and strategic initiatives.
The company reported strong financial performance in its most recent quarter, beating analyst estimates with an EPS of $1.87 compared to the consensus of $1.85, and generating revenue of $715.27 million, which exceeded expectations of $706.01 million, indicating solid operational execution.
With a current stock price of $166.15, SBA Communications Co. is trading near its 52-week low of $162.41, potentially offering a value entry point for investors given the company's stable business model and consistent dividend payments.
The company maintains a healthy dividend yield of 3.01%, providing a steady income stream for investors, supported by a payout ratio of 53.88% which suggests the dividend is sustainable relative to earnings.
SBA Communications Co. has a high institutional ownership of 97.35%, indicating strong confidence from hedge funds and other institutional investors in the long-term stability and growth potential of the company's wireless infrastructure portfolio.

SBA Communications
Bear Case

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

The stock has underperformed the Real Estate sector over the past year, with the current price of $166.15 significantly below the 52-week high of $224.46, reflecting broader market concerns about interest rate pressure and slower carrier spending.
Management has highlighted elevated churn in international markets and uneven carrier spending in some U.S. regions, which could temper expectations for near-term leasing momentum and revenue growth despite steady demand in other areas.
Short interest in SBA Communications Co. has increased in recent months, with the latest data showing a rise in shares shorted, suggesting that some investors are betting against the stock's future performance due to macroeconomic headwinds and company-specific challenges.
The company's negative return on equity of 20.67% in the most recent quarter, despite positive net margins, may raise concerns about the efficiency of its capital structure and the impact of its debt levels on shareholder returns.
Analyst consensus has shifted to a "Hold" rating with an average price target of $225.53, which, while above the current price, reflects a cautious outlook and limited upside potential compared to previous "Moderate Buy" ratings, indicating that the stock may be fairly valued or overvalued relative to its growth prospects.

SBAC Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for SBA Communications is $224.87, with a high forecast of $260.00 and a low forecast of $205.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SBA Communications in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBAC, but not buy additional shares or sell existing shares.

According to analysts, SBA Communications's stock has a predicted upside of 35.34% based on their 12-month stock forecasts.

Over the previous 90 days, SBA Communications's stock had 2 upgrades and 2 downgrades by analysts.

SBA Communications has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Morgan Stanley, Royal Bank Of Canada, TD Cowen, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like SBA Communications more than other "real estate" companies. The consensus rating score for SBA Communications is 2.44 while the average consensus rating score for "real estate" companies is 2.30. Learn more on how SBAC compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With SBA Communications Recommendations

MarketBeat monitors more than a dozen sources for SBA Communications analyst ratings, with the most recent rating issued on 9/24/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

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