Equites Radar

SBAC · SBA Communications Corporation

REIT - SpecialtyUnited StatesAnalyst view: Buy

$185.47

+2.23% last session

End-of-day data · close of 2026-09-11

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Buy (2.14 from 20 analysts)
To mean target: +24.8%

Market cap

$19B

Enterprise value

$34B

Trailing P/E

19.6

Forward P/E

22.2

Dividend yield

3.0%

Beta

0.98

Avg volume

1M

Employees

2K

Daily Change %

2.23%

5 Days Change

-1.43%

10 Days Change

-1.54%

30 Days Change

3.33%

60 Days Change

-1.05%

Month to Day Change

-1.10%

Year to Day Change

-1.54%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.14
Covering analysts20
Mean price target$226.40
Low price target$167.00
Upside to mean target+24.8%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)50.2
50-day MA$182.77
200-day MA$190.35
Price vs 50-day MA+1.5%
Price vs 200-day MA-2.6%
MACD histogram-0.39
Volume vs 3-month avg0.9×
52w low $163.0352w high $220.88

Analyst sentiment over time — SBAC

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-08-20

Latest call per bank · past 12 months

Barclays

Overweight

$208

+14.7% vs price
▼ cut from $245Maintains · 2026-08-20

JP Morgan

Neutral

$220

+21.3% vs price
▼ cut from $230Maintains · 2026-08-04

Morgan Stanley

Equal-Weight

$215

+18.5% vs price
▼ cut from $225Maintains · 2026-08-04

Wells Fargo

Overweight

$210

+15.8% vs price
▼ cut from $220Upgrade · 2026-07-17

RBC Capital

Outperform

$210

+15.8% vs price
▼ cut from $245Maintains · 2026-07-10

UBS

Buy

$260

+43.3% vs price
▼ cut from $275Maintains · 2026-01-20

Citigroup

Buy

$235

+29.5% vs price
▼ cut from $265Maintains · 2025-10-16

Goldman Sachs

Neutral

$220

+21.3% vs price
▼ cut from $250Maintains · 2025-10-01

Recent rating actions

DateFirmActionRatingPrice target
2026-08-20BarclaysMaintainsOverweight$245 $208
2026-08-05Truist SecuritiesMaintainsBuy$248 $238
2026-08-04JP MorganMaintainsNeutral$230 $220
2026-08-04Morgan StanleyMaintainsEqual-Weight$225 $215
2026-07-17Wells FargoUpgradeEqual-WeightOverweight$220 $210
2026-07-10RBC CapitalMaintainsOutperform$245 $210
2026-05-05BarclaysMaintainsOverweight$244 $245
2026-05-05Truist SecuritiesReiteratesBuy$247 $248

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 50 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 1.5% above the 50-day MA ($182.77).
  • Price vs 200-day MA: Trading 2.6% below the 200-day MA ($190.35).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is negative (-0.39) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($163.03) and high ($220.88).

SBAC Price Chart

Loading chart for SBAC

Fundamentals

Revenue (TTM)$3.0B
EBITDA$2.0B
Free cash flow$1.0B
Operating cash flow$1.0B
Book value / share$-43.64
Net Debt / EBITDA8.1
WACC9.0%
Revenue growth2.00%
Earnings growth-10.00%

About SBA Communications Corporation

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements. As of December 31, 2025, we owned 46,328 towers, a substantial portion of which were built by us or by other tower owners or operators who, like us, build towers to lease space to multiple wireless service providers. As of December 31, 2025, each of our towers had an average of 1.8 tenants. SBA Communications Corporation was established in 1989 and was incorporated in Florida.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.