SBA Communications Corporation (SBAC)
| Market Cap | 19.84B -5.6% |
| Revenue (ttm) | 2.85B +2.3% |
| Net Income | 985.21M +15.0% |
| EPS | 9.28 +16.7% |
| Shares Out | 104.43M |
| PE Ratio | 20.48 |
| Forward PE | 23.88 |
| Dividend | $5.00 (2.63%) |
| Ex-Dividend Date | Nov 12, 2026 |
| Volume | 707,246 |
| Open | 190.43 |
| Previous Close | 191.43 |
| Day's Range | 189.66 - 191.93 |
| 52-Week Range | 156.60 - 224.46 |
| Beta | 0.97 |
| Analysts | Buy |
| Price Target | 222.75 (+17.22%) |
| Earnings Date | Nov 2, 2026 |
About SBAC
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or... [Read more]
Financial Performance
In 2025, SBA Communications's revenue was $2.82 billion, an increase of 5.06% compared to the previous year's $2.68 billion. Earnings were $1.05 billion, an increase of 40.57%.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for SBAC stock is "Buy." The 12-month stock price target is $222.75, which is an increase of 17.22% from the latest price.
News
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SBA Communications price target lowered to $233 from $271 at Raymond James
Raymond James lowered the firm’s price target on SBA Communications (SBAC) to $233 from $271 and keeps a Strong Buy rating on the shares.
SBA Communications price target raised to $239 from $229 at TD Cowen
TD Cowen raised the firm’s price target on SBA Communications (SBAC) to $239 from $229 and keeps a Buy rating on the shares. The firm said they posted good Q3…
SBA Communications price target lowered to $225 from $235 at Citi
Citi analyst Michael Rollins lowered the firm’s price target on SBA Communications (SBAC) to $225 from $235 and keeps a Buy rating on the shares. The company’s domestic leasing results…
SBA Communications price target lowered to $200 from $220 at JPMorgan
JPMorgan lowered the firm’s price target on SBA Communications (SBAC) to $200 from $220 and keeps a Neutral rating on the shares following the Q3 report. The company slightly reduced…
SBA Communications Earnings Call Transcript: Q3 2026
Q3 AFFO per share was $3.19, with 80% Tower Cash Flow margins and $430 million returned to shareholders. FY 2026 AFFO guidance increased, while spectrum deployment, edge computing, and portfolio repositioning underpin longer-term growth prospects.
SBA Communications Earnings release: Q3 2026
SBA Communications released its Q3 2026 earnings on November 2, 2026, summarizing the period's financial results.
SBA Communications Quarterly report: Q3 2026
SBA Communications has published its Q3 2026 quarterly earnings report on November 2, 2026.
SBA Communications reports Q3 FFO $3.19, consensus $3.08
Reports Q3 site leasing revenue $665.4M vs. $656.4M last year. “Demand for our tower assets remains strong as wireless carriers continue to expand and upgrade their networks,” commented Brendan Cavana...
SBA Communications Corporation Reports Third Quarter 2026 Results; Updates Full Year 2026 Outlook; and Declares Quarterly Cash Dividend
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2026. Highlights of the third quart...
SBA Communications price target lowered to $208 from $219 at Bernstein
Bernstein analyst Madison Rezaei lowered the firm’s price target on SBA Communications (SBAC) to $208 from $219 and keeps a Market Perform rating on the shares. While the firm’s core…
SBA Communications price target lowered to $205 from $210 at Wells Fargo
Wells Fargo lowered the firm’s price target on SBA Communications (SBAC) to $205 from $210 and keeps an Overweight rating on the shares. The firm sees few surprises entering Q3…
SBA Communications Corporation Sets Date for Third Quarter 2026 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its third quarter results on Monday, November 2, 2026 after market clos...
SBA Communications price target raised to $271 from $264 at Raymond James
Raymond James raised the firm’s price target on SBA Communications (SBAC) to $271 from $264 and keeps a Strong Buy rating on the shares. Cash-tax assumptions were previously too punitive,…
Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers
Initial planned deployment comprises approximately 11 MW of energized capacity Compute capacity from initial deployment being fully allocated to long-term off-take partners Forum Markets introduces 20...
SBA Communications price target lowered to $207 from $208 at Barclays
Barclays lowered the firm’s price target on SBA Communications (SBAC) to $207 from $208 and keeps an Overweight rating on the shares. The firm sees two main drivers for edge…
SBA Communications Transcript: RBC Capital Markets 2026 Global Communications and Infrastructure Conference
Leasing growth persists despite a cyclical trough, with 6G and edge data centers poised to drive future demand. Brazil and Central America offer long-term growth, while capital allocation currently favors share buybacks over debt repayment.
SBA Communications price target lowered to $205 from $215 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on SBA Communications (SBAC) to $205 from $215 and keeps an Equal Weight rating on the shares. The firm expects 2026 to mark…
SBA Communications Corporation to Speak at RBC Capital Markets 2026 Global Communications and Infrastructure Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at RBC Capital Markets 2026 Globa...
SBA Communications Transcript: Bank of America 2026 Media,Communications & Entertainment Conference
Wireless infrastructure is in a harvest phase post-5G, with steady lease-up and new growth expected from 6G, edge data centers, and international expansion, especially in Central America and Brazil. Financial strategy emphasizes disciplined capital allocation, refinancing, and share buybacks, with long-term FFO growth projected at mid to high single digits.
SBA Communications Slides: Corporate presentation
SBA Communications has posted slides in relation to its latest quarterly earnings report, which was published on September 10, 2026.
SBA Communications Transcript: Goldman Sachs Communacopia + Technology Conference 2026
Revised summary: The discussion focused on strengthening core markets, selective expansion, and new growth avenues like edge computing and satellite integration. U.S. carrier activity is steady, with spectrum auctions to drive future deployments. Central America and Tanzania are key growth regions, with churn from carrier consolidation stabilizing after next year.
SBA Communications Transcript: Citi’s 2026 Global TMT Conference
Long-term growth is driven by organic expansion, M&A, and new use cases like edge computing and LEO partnerships. U.S. operations remain stable with steady lease-up and low churn, while international markets show high growth in regions like Tanzania and Central America. Capital allocation is flexible, with a focus on share buybacks, dividends, and opportunistic M&A.
SBA Communications Corporation to Speak at Citi's 2026 Global TMT Conference and the BofA Securities 2026 Media, Communications and Entertainment Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Marc Montagner, Chief Financial Officer, is scheduled to speak at Citi's 2026 Global TMT Confere...
SBA Communications Slides: Investor presentation
SBA Communications has posted slides in relation to its latest quarterly earnings report, which was published on August 25, 2026.