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SBA Communications (SBAC) Stock Forecast & Price Target

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$198.37
-0.04 (-0.02%)
(As of 05/21/2024 ET)
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SBA Communications - Analysts' Recommendations and Stock Price Forecast (2024)

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

Buy
Based on 11 Analyst Ratings

Consensus Price Target

$252.25
27.16% Upside
High Forecast$315.00
Average Forecast$252.25
Low Forecast$227.00
TypeCurrent Forecast
5/22/23 to 5/21/24		1 Month Ago
4/22/23 to 4/21/24		3 Months Ago
2/21/23 to 2/21/24		1 Year Ago
5/22/22 to 5/22/23
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$252.25$268.00$279.31$322.93
Forecasted Upside27.16% Upside24.86% Upside20.82% Upside18.83% Upside
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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.
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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.
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SBA Communications Stock vs. The Competition

TypeSBA CommunicationsFinance CompaniesS&P 500
Consensus Rating Score
3.09
2.43
2.49
Consensus RatingBuyHoldHold
Predicted Upside27.66% Upside58.80% Upside8.47% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$250.00 ➝ $235.00+17.83%
4/30/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$290.00 ➝ $260.00+34.51%
4/30/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$260.00 ➝ $230.00+18.99%
4/30/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$266.00 ➝ $253.00+30.88%
4/30/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$255.00 ➝ $241.00+24.08%
4/30/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$276.00 ➝ $227.00+12.44%
3/7/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Buy$260.00+19.83%
2/27/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform ➝ Outperform$285.00 ➝ $265.00+32.86%
10/16/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOverweight ➝ Overweight$311.00 ➝ $227.00+13.53%
9/27/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$275.00 ➝ $229.00+14.44%
8/22/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetStrong-Buy ➝ Strong-Buy$297.00 ➝ $285.00+31.45%
8/1/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$335.00 ➝ $315.00+43.87%
5/5/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$320.00 ➝ $300.00+25.22%
3/30/2023Moffett Nathanson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeMarket Perform ➝ Outperform$330.00 ➝ $312.00+22.75%
2/22/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$341.00 ➝ $328.00+20.24%
2/22/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$346.00 ➝ $330.00+20.97%
1/24/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeUnderperform ➝ Peer Perform
1/13/2023Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$400.00 ➝ $350.00+14.21%
11/1/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetOutperform$389.00 ➝ $341.00+26.34%
10/12/2022The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy$384.00 ➝ $340.00+35.74%
6/30/2022Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetHold$383.00 ➝ $347.00+9.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:43 PM ET.

SBAC Frequently Asked Questions

What is SBA Communications's stock forecast and purchase recommendation?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for SBA Communications is $252.25, with a high forecast of $315.00 and a low forecast of $227.00. The consensus rating for SBA Communications stock is Buy based on the current 10 buy ratings and 1 strong buy rating for SBAC. Learn more on SBAC's analyst rating history.

Do Wall Street analysts like SBA Communications more than its competitors?

Analysts like SBA Communications more than other "finance" companies. The consensus rating for SBA Communications is Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SBAC compares to other companies.

Is SBA Communications being upgraded by Wall Street analysts?

Over the previous 90 days, SBA Communications's stock had 1 upgrade by analysts.

Does SBA Communications's stock price have much upside?

According to analysts, SBA Communications's stock has a predicted upside of 24.63% based on their 12-month stock forecasts.

What analysts cover SBA Communications?

SBA Communications has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, KeyCorp, Royal Bank of Canada, TD Cowen, and Wells Fargo & Company in the past 90 days.


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This page (NASDAQ:SBAC) was last updated on 5/21/2024 by MarketBeat.com Staff

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