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SBAC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
211.200
Open
211.200
VWAP
205.00
Vol
231.22K
Mkt Cap
22.66B
Low
199.370
Amount
47.40M
EV/EBITDA(TTM)
19.16
Total Shares
106.06M
EV
35.71B
EV/OCF(TTM)
28.68
P/S(TTM)
8.15
SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. Its primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, and Africa. Its segments include Domestic Site Leasing, International Site Leasing and Site Development. The Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, and Verizon Wireless. It owns over 17,464 sites in the United States and its territories. The International Site Leasing segment owns and operates over 22,285 towers in 13 international markets throughout South America, Central America, Canada, and Africa. Site development services include network pre-design; site audits; tower and related site construction; support in leasing of the location, and others.
Show More

Events Timeline

(ET)
2026-05-12
16:10:00
KKR and SBA Communications Talks Hit Snag, Shares Down 2%
select
2026-04-29 (ET)
2026-04-29
16:20:00
Sees FY26 Revenue of $2.84B-$2.88B
select
2026-04-29
16:20:00
Company Reports Q1 Revenue of $703.4M, Beating Expectations
select

News

Newsfilter
1.0
05-04Newsfilter
SBA Communications CFO to Speak at JP Morgan Conference
  • Conference Announcement: SBA Communications CFO Marc Montagner is scheduled to speak at the JP Morgan 2026 Global Technology, Media and Communications Conference on May 18, 2026, at 2:50 PM ET, highlighting the company's leadership in wireless communications infrastructure.
  • Event Location: The conference will take place at The Westin Boston Seaport District in Boston, Massachusetts, expected to attract numerous investors and professionals from the industry, thereby enhancing SBA's market visibility.
  • Company Overview: SBA Communications is a leading independent owner and operator of wireless communications infrastructure, boasting over 46,000 communication sites across the Americas and Africa, showcasing its strong influence in the global market.
  • Market Position: As a NASDAQ-listed company, SBA is part of the S&P 500 and ranks among the top Real Estate Investment Trusts (REITs) by market capitalization, reflecting its significant standing in the industry.
moomoo
4.0
05-01moomoo
SBA COMMUNICATIONS CORP: RAYMOND JAMES INCREASES TARGET PRICE FROM $255 TO $270
  • Company Overview: Communications Corp has raised its target price for Raymond James.

  • New Target Price: The new target price is set at $270, an increase from the previous $255.

seekingalpha
9.5
04-30seekingalpha
SBA Communications Q1 2026 Earnings Call Insights and Outlook
  • Upgraded Performance Outlook: SBA Communications' management indicated that due to strong first-quarter performance, the company is raising its full-year outlook for all key metrics, including site leasing revenue and adjusted EBITDA, showcasing its competitive edge and growth potential in the market.
  • Strong U.S. Leasing Demand: In the U.S., SBA added approximately $10 million in quarterly new lease and amendment billings year-over-year, indicating effective strategies in meeting operational demands and market expansion, which are expected to drive future revenue growth.
  • International Market Integration Progress: The company successfully built over 60 new towers in Central America and made significant progress in integrating Millicom assets, exceeding initial lease-up projections, demonstrating healthy demand and future growth potential in international markets.
  • Financial Stability: At the end of the first quarter, SBA reported approximately $13 billion in total debt, with a net debt to adjusted EBITDA leverage ratio at a historical low of 6.6x, while also declaring a quarterly dividend of $1.25 per share, reflecting the company's commitment to shareholder returns.
seekingalpha
9.5
04-28seekingalpha
SBA Communications Set to Release Q1 Earnings on April 29
  • Earnings Announcement Schedule: SBA Communications is set to announce its Q1 2023 earnings on April 29 after market close, with consensus estimates predicting an EPS of $1.74 and revenue of $694.86 million, highlighting investor interest in the company's financial performance.
  • Earnings Estimate Volatility: Over the past three months, EPS estimates have seen one upward revision and four downward adjustments, while revenue estimates experienced three upward revisions and five downward changes, indicating increased uncertainty in market expectations that could affect investor confidence.
  • Rating Downgrade Impact: Although shares of SBA Communications have jumped on potential takeover news, the downgrade in ratings reflects market concerns about near-term AFFO pressure, which may impact the company's long-term investment appeal and stock performance.
  • Industry Conference Participation: SBA Communications presented at Deutsche Bank's 34th Annual Media, Internet & Telecom Conference, demonstrating the company's active engagement in the industry and commitment to transparency with investors, potentially laying the groundwork for future market performance.
seekingalpha
6.0
04-22seekingalpha
SBA Communications Upgraded to Buy with Price Target Raised to $247
  • Upgrade Announcement: Truist Securities has upgraded SBA Communications from Hold to Buy, raising the price target from $193 to $247, reflecting optimism about multiple paths for share price appreciation.
  • Market Reaction: During Wednesday's pre-market trading, SBA shares rose by 0.75% to $214.70, indicating a positive market response to the upgrade, which may attract more investor interest.
  • Acquisition Interest: Analysts noted that SBA Communications has attracted acquisition interest from several funds, including KKR and Brookfield; while they do not comment on the merits of a sale, publicly discussed price points (~$250 per share) imply a potential upside of approximately 17% relative to current levels.
  • Future Growth Expectations: Analysts expect positive inflections in AFFO per share growth next year as churn decreases and debt refinancing headwinds moderate, forecasting a 3% growth in AFFO per share for 2027 and a re-acceleration to high single-digit growth (8%) by 2028.
CNBC
6.0
04-22CNBC
Latest Rating Changes on Wall Street
  • Airbnb Upgrade: Wells Fargo upgraded Airbnb from equal weight to overweight, projecting revenue growth of 6% to 11% and EPS growth of 7% to 12% by 2027, indicating strong innovation and market potential.
  • Positive Outlook for SharonAI: Compass Point initiated coverage on SharonAI with a buy rating, highlighting that its first major contract will drive scale and that its Australian capacity build provides a credible market base for deployment.
  • Biogen's Multiple Catalysts: UBS upgraded Biogen to buy with a price target of $225, citing increasing confidence in several pipeline catalysts expected to drive stock price higher over the next 12-15 months.
  • Twilio's Strategic Improvement: Bank of America upgraded Twilio from underperform to buy with a price target of $190, believing its strategic positioning in AI will lead to positive growth inflections for the company.
Wall Street analysts forecast SBAC stock price to rise
12 Analyst Rating
Wall Street analysts forecast SBAC stock price to rise
7 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
205.00
Averages
226.92
High
275.00
Current: 0.000
sliders
Low
205.00
Averages
226.92
High
275.00
Barclays
NULL
to
Overweight
maintain
$244 -> $245
AI Analysis
2026-05-05
Reason
Barclays
Price Target
$244 -> $245
AI Analysis
2026-05-05
maintain
NULL
to
Overweight
Reason
Barclays raised the firm's price target on SBA Communications to $245 from $244 and keeps an Overweight rating on the shares. The firm updated models in the communications infrastructure real estate investment trust group post the Q1 reports.
Scotiabank
Maher Yaghi
Sector Perform
maintain
$223 -> $230
2026-05-01
Reason
Scotiabank
Maher Yaghi
Price Target
$223 -> $230
2026-05-01
maintain
Sector Perform
Reason
Scotiabank analyst Maher Yaghi raised the firm's price target on SBA Communications to $230 from $223 and keeps a Sector Perform rating on the shares. The company's Q1 top- and bottom-line results were in line with consensus expectations, the analyst tells investors. The firm raised its price target to reflect the company's higher guidance revisions for 2026.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SBAC
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Valuation Metrics

The current forward P/E ratio for SBA Communications Corp (SBAC.O) is 24.45, compared to its 5-year average forward P/E of 48.86. For a more detailed relative valuation and DCF analysis to assess SBA Communications Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
48.86
Current PE
24.45
Overvalued PE
77.00
Undervalued PE
20.73

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
22.75
Current EV/EBITDA
20.62
Overvalued EV/EBITDA
27.36
Undervalued EV/EBITDA
18.14

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
10.42
Current PS
7.84
Overvalued PS
13.35
Undervalued PS
7.49

Financials

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Whales Holding SBAC

B
Boothbay Fund Management, LLC
Holding
SBAC
+12.95%
3M Return
C
Chilton Capital Management LLC
Holding
SBAC
+10.93%
3M Return
M
Maryland State Retirement and Pension System
Holding
SBAC
+9.68%
3M Return
S
Security Capital Research & Management Incorporated
Holding
SBAC
+7.75%
3M Return
P
Partners Group Holding AG
Holding
SBAC
+6.26%
3M Return
J
John W. Bristol & Co., Inc.
Holding
SBAC
+5.76%
3M Return

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Frequently Asked Questions

What is SBA Communications Corp (SBAC) stock price today?

The current price of SBAC is 204.4325 USD — it has decreased -4.3

What is SBA Communications Corp (SBAC)'s business?

SBA Communications Corporation is an independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. Its primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts in the United States, South America, Central America, Canada, and Africa. Its segments include Domestic Site Leasing, International Site Leasing and Site Development. The Domestic Site Leasing segment leases to T-Mobile, AT&T Wireless, and Verizon Wireless. It owns over 17,464 sites in the United States and its territories. The International Site Leasing segment owns and operates over 22,285 towers in 13 international markets throughout South America, Central America, Canada, and Africa. Site development services include network pre-design; site audits; tower and related site construction; support in leasing of the location, and others.

What is the price predicton of SBAC Stock?

Wall Street analysts forecast SBAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBAC is226.92 USD with a low forecast of 205.00 USD and a high forecast of 275.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is SBA Communications Corp (SBAC)'s revenue for the last quarter?

SBA Communications Corp revenue for the last quarter amounts to 703.44M USD, increased 5.90

What is SBA Communications Corp (SBAC)'s earnings per share (EPS) for the last quarter?

SBA Communications Corp. EPS for the last quarter amounts to 1.74 USD, decreased -14.71

How many employees does SBA Communications Corp (SBAC). have?

SBA Communications Corp (SBAC) has 1844 emplpoyees as of May 13 2026.

What is SBA Communications Corp (SBAC) market cap?

Today SBAC has the market capitalization of 22.66B USD.