SBA Communications Corporation (SBAC)

SBA Communications Stock Forecast

Stock Price Forecast

The 13 analysts that cover SBA Communications stock have a consensus rating of "Buy" and an average price target of $252.38, which forecasts a 10.54% increase in the stock price over the next year. The lowest target is $225 and the highest is $280.

Price Target: $252.38 (+10.54%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$225	$252.38	$250	$280
Change	-1.45%	+10.54%	+9.50%	+22.63%

* Price targets were last updated on Apr 29, 2025.

Analyst Ratings

The average analyst rating for SBA Communications stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	5	5	4	4	4	4
Buy	6	6	6	4	4	4
Hold	4	4	4	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	14	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Greg Miller JMP Securities	JMP Securities	Buy Maintains $250 → $270	Buy	Maintains	$250 → $270	+18.26%	Apr 29, 2025
Michael Rollins Citigroup	Citigroup	Strong Buy Maintains $250 → $265	Strong Buy	Maintains	$250 → $265	+16.07%	Apr 29, 2025
Ari Klein BMO Capital	BMO Capital	Hold Maintains $230 → $240	Hold	Maintains	$230 → $240	+5.12%	Apr 29, 2025
Ric Prentiss Raymond James	Raymond James	Strong Buy Reiterates $265 → $268	Strong Buy	Reiterates	$265 → $268	+17.38%	Apr 29, 2025
Tim Long Barclays	Barclays	Buy Maintains $244 → $247	Buy	Maintains	$244 → $247	+8.18%	Apr 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.80B

Increased by 4.57%

from 2.68B

Revenue Next Year

2.93B

Increased by 4.64%

from 2.80B

EPS This Year

8.65

Increased by 24.60%

from 6.94

EPS Next Year

9.55

Increased by 10.44%

from 8.65

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.08B	2.31B	2.63B	2.71B	2.68B	2.80B	2.93B	3.05B
Revenue Growth	3.40%	10.83%	14.06%	2.97%	-1.18%	4.57%	4.64%	3.96%
EPS	0.21	2.14	4.22	4.61	6.94	8.65	9.55	9.95
EPS Growth	-83.59%	919.05%	97.20%	9.24%	50.54%	24.60%	10.44%	4.15%
Forward PE	-	-	-	-	-	26.40	23.91	22.96
No. Analysts	-	-	-	-	-	18	18	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	3.0B	3.1B	3.3B
Avg	2.8B	2.9B	3.0B
Low	2.7B	2.8B	2.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.4%	11.6%	12.3%
Avg	4.6%	4.6%	4.0%
Low	-0.2%	-1.4%	-3.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.63	11.24	11.67
Avg	8.65	9.55	9.95
Low	7.83	7.79	7.31

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	53.1%	29.9%	22.2%
Avg	24.6%	10.4%	4.1%
Low	12.8%	-9.9%	-23.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.