SBA Communications Corporation (SBAC)
NASDAQ: SBAC · IEX Real-Time Price · USD
195.59
-0.41 (-0.21%)
May 8, 2024, 9:58 AM EDT - Market open
SBA Communications Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for SBA Communications stock have an average target of 262.31, with a low estimate of 227 and a high estimate of 327. The average target predicts an increase of 34.11% from the current stock price of 195.59.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SBAC stock from 13 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 4 | 5 | 5 |
| Buy | 9 | 9 | 8 | 8 | 8 | 8 |
| Hold | 2 | 2 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $266 → $253 | Strong Buy | Maintains | $266 → $253 | +29.35% | Apr 30, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $230 | Buy | Maintains | $260 → $230 | +17.59% | Apr 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $290 → $260 | Strong Buy | Maintains | $290 → $260 | +32.93% | Apr 30, 2024 |
| Barclays | Barclays | Buy Maintains $255 → $241 | Buy | Maintains | $255 → $241 | +23.22% | Apr 30, 2024 |
| Keybanc | Keybanc | Buy Maintains $276 → $227 | Buy | Maintains | $276 → $227 | +16.06% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
2.75B
from 2.71B
Increased by 1.27%
Revenue Next Year
2.83B
from 2.75B
Increased by 3.20%
EPS This Year
5.29
from 4.61
Increased by 14.74%
EPS Next Year
6.33
from 5.29
Increased by 19.71%
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 | 2.7B | 2.7B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.0% | 8.2% | 9.6% | 9.5% | 9.6% |
| Avg | 1.3% | 3.2% | 3.7% | 5.4% | 5.0% |
| Low | -3.1% | -2.8% | -4.3% | 0.3% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.28 | 7.20 | 7.47 | 15.72 | 16.71 |
| Avg | 5.29 | 6.33 | 6.70 | 12.63 | 13.45 |
| Low | 4.66 | 4.63 | 5.88 | 9.60 | 10.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.2% | 36.2% | 17.9% | 134.7% | 32.2% |
| Avg | 14.7% | 19.7% | 5.8% | 88.6% | 6.5% |
| Low | 1.2% | -12.4% | -7.1% | 43.4% | -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.