SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
203.57
+5.33 (2.69%)
At close: Dec 20, 2024, 4:00 PM
203.90
+0.33 (0.16%)
After-hours: Dec 20, 2024, 4:49 PM EST
SBA Communications Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SBA Communications stock have an average target of 254.93, with a low estimate of 230 and a high estimate of 300. The average target predicts an increase of 25.23% from the current stock price of 203.57.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SBAC stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 5 | 5 | 5 |
| Buy | 7 | 6 | 6 | 6 | 6 | 5 |
| Hold | 2 | 2 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy → Hold Downgrades $260 → $230 | Buy → Hold | Downgrades | $260 → $230 | +12.98% | Dec 18, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $251 → $261 | Strong Buy | Maintains | $251 → $261 | +28.21% | Oct 29, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $255 → $260 | Buy | Maintains | $255 → $260 | +27.72% | Oct 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $285 → $300 | Strong Buy | Maintains | $285 → $300 | +47.37% | Oct 29, 2024 |
| Keybanc | Keybanc | Buy Maintains $230 → $280 | Buy | Maintains | $230 → $280 | +37.54% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
2.72B
Revenue Next Year
2.80B
from 2.72B
Increased by 2.94%
EPS This Year
7.56
from 4.61
Increased by 64.02%
EPS Next Year
9.23
from 7.56
Increased by 22.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.8B | 3.0B | 3.2B | |||
| Avg | 2.7B | 2.8B | 2.9B | |||
| Low | 2.6B | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 8.7% | 13.4% | |||
| Avg | - | 2.9% | 4.5% | |||
| Low | - | -3.1% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.05 | 10.41 | 10.79 | |||
| Avg | 7.56 | 9.23 | 9.65 | |||
| Low | 7.09 | 7.49 | 7.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 74.7% | 37.7% | 16.9% | |||
| Avg | 64.0% | 22.1% | 4.5% | |||
| Low | 53.7% | -1.0% | -17.4% |
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.