SBA Communications Corporation (SBAC)
NASDAQ: SBAC · Real-Time Price · USD
239.91
-5.09 (-2.08%)
Sep 18, 2024, 4:00 PM EDT - Market closed
SBA Communications Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for SBA Communications stock have an average target of 242.17, with a low estimate of 212 and a high estimate of 260. The average target predicts an increase of 0.94% from the current stock price of 239.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SBAC stock from 12 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 8 | 8 | 8 | 7 | 6 | 6 |
| Hold | 0 | 0 | 0 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $232 → $252 | Buy | Maintains | $232 → $252 | +5.04% | Sep 18, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $230 → $240 | Strong Buy | Maintains | $230 → $240 | +0.04% | Aug 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $235 → $245 | Buy | Maintains | $235 → $245 | +2.12% | Aug 5, 2024 |
| Keybanc | Keybanc | Buy Maintains $227 → $230 | Buy | Maintains | $227 → $230 | -4.13% | Jul 30, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $253 → $251 | Strong Buy | Maintains | $253 → $251 | +4.62% | Jul 30, 2024 |
Financial Forecast
Revenue This Year
2.71B
Revenue Next Year
2.77B
from 2.71B
Increased by 2.14%
EPS This Year
7.50
from 4.61
Increased by 62.77%
EPS Next Year
9.14
from 7.50
Increased by 21.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 2.9B | 3.0B | ||
| Avg | 2.7B | 2.8B | 2.9B | ||
| Low | 2.6B | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 8.1% | 9.3% | ||
| Avg | - | 2.1% | 3.4% | ||
| Low | - | -4.5% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.37 | 11.28 | 11.19 | ||
| Avg | 7.50 | 9.14 | 9.39 | ||
| Low | 6.13 | 7.16 | 6.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 81.7% | 50.3% | 22.4% | ||
| Avg | 62.8% | 21.8% | 2.7% | ||
| Low | 32.9% | -4.5% | -23.9% |
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.