SBA Communications Corporation (SBAC)

SBA Communications Stock Forecast

Stock Price Forecast

The 19 analysts that cover SBA Communications stock have a consensus rating of "Buy" and an average price target of $236.89, which forecasts a 8.87% increase in the stock price over the next year. The lowest target is $210 and the highest is $280.

Price Target: $236.89 (+8.87%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$236.89	$235	$280
Change	-3.49%	+8.87%	+8.00%	+28.68%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	4	4	4	4	4	5
Buy	5	6	6	6	6	6
Hold	6	6	7	7	9	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	16	17	17	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Niknam Truist Securities	Truist Securities	Hold → Strong Buy Upgrades $193 → $247	Hold → Strong Buy	Upgrades	$193 → $247	+13.52%	Apr 22, 2026
Brendan Lynch Barclays	Barclays	Buy Maintains $212 → $244	Buy	Maintains	$212 → $244	+12.14%	Apr 16, 2026
Simon Flannery Morgan Stanley	Morgan Stanley	Hold Maintains $215 → $225	Hold	Maintains	$215 → $225	+3.41%	Apr 9, 2026
Eric Luebchow Wells Fargo	Wells Fargo	Hold Maintains $195 → $220	Hold	Maintains	$195 → $220	+1.11%	Apr 7, 2026
Matthew Niknam Truist Securities	Truist Securities	Strong Buy → Hold Initiates $193	Strong Buy → Hold	Initiates	$193	-11.30%	Mar 31, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.89B

Increased by 2.80%

from 2.82B

Revenue Next Year

2.97B

Increased by 2.76%

from 2.89B

EPS This Year

7.84

Decreased by -19.96%

from 9.80

EPS Next Year

8.61

Increased by 9.76%

from 7.84

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.31B	2.63B	2.71B	2.68B	2.82B	2.89B	2.97B
Revenue Growth	10.83%	14.06%	2.97%	-1.18%	5.06%	2.80%	2.76%
EPS	2.14	4.22	4.61	6.94	9.80	7.84	8.61
EPS Growth	919.05%	97.20%	9.24%	50.54%	41.21%	-19.96%	9.76%
Forward PE	-	-	-	-	-	27.74	25.27
No. Analysts	-	-	-	-	-	17	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031
High	3.0B	3.1B
Avg	2.9B	3.0B
Low	2.8B	2.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031
High	6.4%	7.8%
Avg	2.8%	2.8%
Low	-1.9%	-2.7%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031
High	10.36	10.03
Avg	7.84	8.61
Low	7.00	6.57

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031
High	5.7%	27.8%
Avg	-20.0%	9.8%
Low	-28.6%	-16.3%

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.