SBA Communications Corporation (SBAC)

SBA Communications Stock Forecast

Stock Price Forecast

The 15 analysts that cover SBA Communications stock have a consensus rating of "Buy" and an average price target of $244.13, which forecasts a 22.88% increase in the stock price over the next year. The lowest target is $215 and the highest is $280.

Price Target: $244.13 (+22.88%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$215	$244.13	$235	$280
Change	+8.21%	+22.88%	+18.28%	+40.93%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	4	4	5	4	4	4
Buy	4	4	4	5	5	5
Hold	5	5	6	7	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	15	16	16	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Luebchow Wells Fargo	Wells Fargo	Hold Maintains $235 → $215	Hold	Maintains	$235 → $215	+8.21%	Oct 20, 2025
Simon Flannery Morgan Stanley	Morgan Stanley	Hold Maintains $260 → $220	Hold	Maintains	$260 → $220	+10.73%	Oct 16, 2025
Michael Rollins Citigroup	Citigroup	Strong Buy Maintains $265 → $235	Strong Buy	Maintains	$265 → $235	+18.28%	Oct 16, 2025
Batya Levi UBS	UBS	Strong Buy Maintains $285 → $275	Strong Buy	Maintains	$285 → $275	+38.41%	Oct 14, 2025
Jonathan Atkin RBC Capital	RBC Capital	Buy Maintains $255 → $235	Buy	Maintains	$255 → $235	+18.28%	Oct 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.86B

Increased by 6.88%

from 2.68B

Revenue Next Year

2.94B

Increased by 2.72%

from 2.86B

EPS This Year

8.61

Increased by 24.01%

from 6.94

EPS Next Year

9.22

Increased by 7.08%

from 8.61

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.08B	2.31B	2.63B	2.71B	2.68B	2.86B	2.94B
Revenue Growth	3.40%	10.83%	14.06%	2.97%	-1.18%	6.88%	2.72%
EPS	0.21	2.14	4.22	4.61	6.94	8.61	9.22
EPS Growth	-83.59%	919.05%	97.20%	9.24%	50.54%	24.01%	7.08%
Forward PE	-	-	-	-	-	23.09	21.56
No. Analysts	-	-	-	-	-	17	17

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
Avg	2.9B	2.9B
Low	2.7B	2.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.7%	8.3%
Avg	6.9%	2.7%
Low	2.0%	-4.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	11.01	11.13
Avg	8.61	9.22
Low	7.87	7.09

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	58.7%	29.3%
Avg	24.0%	7.1%
Low	13.4%	-17.7%

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.