SBA Communications Corporation (SBAC)
NASDAQ: SBAC · IEX Real-Time Price · USD
209.00
-2.25 (-1.07%)
At close: Jul 19, 2024, 4:00 PM
209.01
+0.01 (0.00%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
SBA Communications Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SBA Communications stock have an average target of 256.5, with a low estimate of 212 and a high estimate of 327. The average target predicts an increase of 22.73% from the current stock price of 209.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SBAC stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Hold | 1 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $212 | Hold | Initiates | $212 | +1.44% | Jul 1, 2024 |
| Barclays | Barclays | Buy Maintains $241 → $240 | Buy | Maintains | $241 → $240 | +14.83% | May 30, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $250 → $235 | Buy | Maintains | $250 → $235 | +12.44% | May 9, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $266 → $253 | Strong Buy | Maintains | $266 → $253 | +21.05% | Apr 30, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $230 | Buy | Maintains | $260 → $230 | +10.05% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
2.73B
from 2.71B
Increased by 0.61%
Revenue Next Year
2.81B
from 2.73B
Increased by 2.97%
EPS This Year
7.78
from 4.61
Increased by 68.68%
EPS Next Year
8.74
from 7.78
Increased by 12.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.0B | 3.1B | 3.2B | 3.4B |
| Avg | 2.7B | 2.8B | 2.9B | 3.1B | 3.3B |
| Low | 2.6B | 2.6B | 2.7B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0% | 8.5% | 8.9% | 10.9% | 9.6% |
| Avg | 0.6% | 3.0% | 3.3% | 6.8% | 5.0% |
| Low | -3.9% | -3.0% | -4.3% | 1.7% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.66 | 11.09 | 10.97 | 15.72 | 16.71 |
| Avg | 7.78 | 8.74 | 8.75 | 12.63 | 13.45 |
| Low | 4.53 | 4.99 | 5.06 | 9.60 | 10.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 87.9% | 42.6% | 25.6% | 79.7% | 32.2% |
| Avg | 68.7% | 12.4% | 0.1% | 44.4% | 6.5% |
| Low | -1.8% | -35.9% | -42.1% | 9.8% | -18.9% |
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.