SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
219.41
+0.47 (0.21%)
Nov 21, 2024, 2:57 PM EST - Market open
SBA Communications Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for SBA Communications stock have an average target of 257.07, with a low estimate of 240 and a high estimate of 300. The average target predicts an increase of 17.16% from the current stock price of 219.41.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 5 | 5 |
| Buy | 8 | 7 | 6 | 6 | 6 | 6 |
| Hold | 0 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $251 → $261 | Strong Buy | Maintains | $251 → $261 | +18.96% | Oct 29, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $255 → $260 | Buy | Maintains | $255 → $260 | +18.50% | Oct 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $285 → $300 | Strong Buy | Maintains | $285 → $300 | +36.73% | Oct 29, 2024 |
| Keybanc | Keybanc | Buy Maintains $230 → $280 | Buy | Maintains | $230 → $280 | +27.61% | Oct 14, 2024 |
| Barclays | Barclays | Buy Maintains $236 → $256 | Buy | Maintains | $236 → $256 | +16.68% | Oct 10, 2024 |
Financial Forecast
Revenue This Year
2.72B
Revenue Next Year
2.80B
from 2.72B
Increased by 2.94%
EPS This Year
7.57
from 4.61
Increased by 64.23%
EPS Next Year
9.40
from 7.57
Increased by 24.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| High | - | 8.7% | 13.4% | ||
| Avg | - | 2.9% | 4.4% | ||
| Low | - | -3.1% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.05 | 10.41 | 10.79 | ||
| Avg | 7.57 | 9.40 | 9.80 | ||
| Low | 7.09 | 7.51 | 7.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.7% | 37.6% | 14.8% | ||
| Avg | 64.2% | 24.2% | 4.2% | ||
| Low | 53.7% | -0.8% | -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.