SBAC Price Prediction Next Week
Technical Analysis: SBAC shows a bullish reversal pattern with recent price action forming higher lows and higher highs. The stock has bounced off support around $202 and is currently trading at $210.92.
News Impact:
- Upcoming Q4 2024 earnings release on February 24th after market close
- Analysts expect revenue of $695.7M and EPS of $2.13
- Recent insider selling activity with 3 sales and no purchases in past 6 months
- Mixed institutional investor sentiment with 313 increasing and 374 decreasing positions
Price Targets & Analyst Views:
- Consensus "Moderate Buy" rating from 19 analysts
- Mean price target: $246.28 (+18.5% upside)
- Street-high target: $280 (+34.8% upside)
- BMO Capital maintains Hold rating with $220 target
Next Week Price Prediction: Based on technical indicators and upcoming earnings catalyst:
- Base case (60% probability): $215-220
- Bullish case (25% probability): $225-230 if earnings beat expectations
- Bearish case (15% probability): $200-205 if earnings miss
Trading Recommendation: BUY
- Entry point: Current levels around $210-211
- Stop loss: $202 (recent support)
- First target: $220
- Second target: $230
Rationale:
- Technical setup shows positive momentum
- Strong analyst consensus with significant upside potential
- Earnings catalyst could drive near-term price action
- Risk-reward ratio favorable at current levels
SBAC Similar Chart Price Prediction
The price of SBAC is predicted to go up 2.61%, based on the high correlation periods with H. The similarity of these two price pattern on the periods is 92.2%.
SBAC
H
Up: 2.61%Similarity: 92.2%
SBAC Revenue Forecast
SBAC EPS Forecast
SBAC FAQs
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SBAC VS S&P500
Carrier investment in towers will have to continue as mobile data usage continues to grow rapidly. Greater use of the Internet of Things, 5G, and video content should keep this trend in place for years to come.
Wireless network development in SBA's international markets is behind the US and will require more tower investment by carriers as they transition to broad 4G and then 5G coverage.
Long-term carrier leases with built-in escalators leave SBA with great visibility into its continued revenue growth and provide a floor to financial results.
SBAC Analyst's Forecast
Tim Long
Barclays
Buy
2025-02-20
Price Target
$254 → $240
Upside
+14.27%
Barclays analyst Brendan Lynch lowered the firm's price target on SBA Communications to $240 from $254 and keeps an Overweight rating on the shares ahead of the earnings report. The firm reduced 2025 estimates on near term headwinds, including Sprint churn, international churn, currency moves, and rising interest expense. These will limit SBA's 2025 growth potential, the analyst tells investors in a research note. However, Barclays thinks the "muted outlook" is already reflected in the shares.
Tim Long
Barclays
Buy
2025-01-13
Price Target
$257 → $254
Upside
+30.28%
Ari Klein
BMO Capital
Buy → Hold
2024-12-18
Price Target
$260 → $230
Upside
+14.39%
