SBA Communications Corporation (SBAC)
| Market Cap | 16.99B -18.5% |
| Revenue (ttm) | 2.87B +5.4% |
| Net Income | 990.72M +12.8% |
| EPS | 9.28 +13.9% |
| Shares Out | 106.09M |
| PE Ratio | 17.25 |
| Forward PE | 20.21 |
| Dividend | $5.00 (3.12%) |
| Ex-Dividend Date | Aug 20, 2026 |
| Volume | 954,681 |
| Open | 164.33 |
| Previous Close | 162.81 |
| Day's Range | 159.91 - 165.06 |
| 52-Week Range | 159.91 - 224.46 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 225.90 (+41.08%) |
| Est. Earnings | 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 $225.9, which is an increase of 41.08% from the latest price.
News
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.
SBA Communications Corporation to Speak at the Goldman Sachs 2026 Communacopia + Technology Conference
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) announces that Brendan Cavanagh, President and Chief Executive Officer, is scheduled to speak at the Goldman Sa...
SBA Communications price target lowered to $208 from $245 at Barclays
Barclays analyst Brendan Lynch lowered the firm’s price target on SBA Communications (SBAC) to $208 from $245 and keeps an Overweight rating on the shares. The firm has turned more…
SBA Communications price target lowered to $238 from $248 at Truist
Truist lowered the firm’s price target on SBA Communications (SBAC) to $238 from $248 and keeps a Buy rating on the shares. The firm says that Q2 was “largely uneventful.”…
SBA Communications price target lowered to $220 from $230 at JPMorgan
JPMorgan analyst Richard Choe lowered the firm’s price target on SBA Communications (SBAC) to $220 from $230 and keeps a Neutral rating on the shares.
SBA Communications price target raised to $229 from $226 at TD Cowen
TD Cowen raised the firm’s price target on SBA Communications (SBAC) to $229 from $226 and keeps a Buy rating on the shares. The firm updated its model following solid…
SBA Communications price target lowered to $215 from $225 at Morgan Stanley
Morgan Stanley analyst Cameron McVeigh lowered the firm’s price target on SBA Communications (SBAC) to $215 from $225 and keeps an Equal Weight rating on the shares. Results were broadly…
SBA Communications Earnings Call Transcript: Q2 2026
Q2 results met expectations, leading to a modestly higher full-year outlook for site leasing revenue and FFO. Strong U.S. and international leasing activity, new tower builds, and a $3.5B bond issuance strengthened the balance sheet. Share buybacks prioritized over M&A.
SBA Communications Earnings release: Q2 2026
SBA Communications released its Q2 2026 earnings on August 3, 2026, summarizing the period's financial results.
SBA Communications Quarterly report: Q2 2026
SBA Communications has published its Q2 2026 quarterly earnings report on August 3, 2026.
SBA Communications reports Q2 AFFO $3.05, consensus $2.96
Reports Q2 revenue $715.274M, consensus $705.42M. “We had another solid quarter, with financial and operating results in line with our expectations,” commented Brendan Cavanagh, President and Chief Ex...
SBA Communications sees FY26 AFFO $11.95-$12.40, consensus $12.20
Sees FY26 revenue $2.841B-$2.886B, consensus $2.86B
SBA Communications Corporation Reports Second 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 June 30, 2026. Highlights of the second quarter i...
SBA Communications upgraded to Overweight from Equal Weight at Wells Fargo
Wells Fargo analyst Eric Luebchow upgraded SBA Communications (SBAC) to Overweight from Equal Weight with a price target of $210, down from $220. The firm believes earnings from the tower…
SBA Communications Corporation Sets Date for Second Quarter 2026 Earnings Release
BOCA RATON, Fla.--(BUSINESS WIRE)--SBA Communications Corporation (NASDAQ: SBAC) (“SBA” and “Company”) announced it will release its second quarter results on Monday, August 3, 2026 after market close...
SBA Communications assumed with a Neutral at Goldman Sachs
Goldman Sachs assumed coverage of SBA Communications (SBAC) with a Neutral rating and $205 price target SBA Communications is expected to benefit over the long term from structural tailwinds in…