NASDAQ:SBAC - SBA Communications Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $329.10
Forecasted Upside: 2.24 %
Number of Analysts: 10
Breakdown:
0 Sell Ratings
2 Hold Ratings
7 Buy Ratings
1 Strong Buy Ratings

^$321.88 As of 06/17/2021 05:41 PM ET

▲ +4.59 (1.45%)

1 month | 3 months | 12 months

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Analyst Price Target for SBAC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$329.10

▲ +2.24% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for SBA Communications in the last 3 months. The average price target is $329.10, with a high forecast of $350.00 and a low forecast of $305.00. The average price target represents a 2.24% upside from the last price of $321.88.

Buy

The current consensus among 10 investment analysts is to buy stock in SBA Communications. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

1 strong buy ratings
8 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/25/2019

1 strong buy ratings
11 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/24/2020

1 strong buy ratings
13 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/22/2020

1 strong buy ratings
13 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

9/20/2020

1 strong buy ratings
13 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/19/2020

1 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/19/2021

1 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/18/2021

1 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/2/2021	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$321.00 ➝ $337.00	Medium	i
5/4/2021	Raymond James	Boost Price Target	Strong-Buy	$309.00 ➝ $346.00	Low	i
5/3/2021	Wells Fargo & Company	Boost Price Target	Overweight	$325.00 ➝ $350.00	N/A	i
4/27/2021	Credit Suisse Group	Boost Price Target	Neutral	$277.00 ➝ $312.00	Medium	i
4/27/2021	Wells Fargo & Company	Upgrade	Overweight	$325.00 ➝ $350.00	Medium	i
4/27/2021	KeyCorp	Boost Price Target	Overweight	$313.00 ➝ $335.00	High	i
4/27/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$320.00 ➝ $325.00	High	i
4/19/2021	Morgan Stanley	Boost Price Target	Equal Weight	$316.00 ➝ $321.00	Low	i
4/12/2021	Jefferies Financial Group	Initiated Coverage	Buy	$335.00	Medium	i
3/31/2021	KeyCorp	Upgrade	Sector Weight ➝ Overweight	$313.00	Low	i
3/18/2021	Wolfe Research	Initiated Coverage	Outperform		High	i
3/11/2021	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$309.00	High	i
3/5/2021	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$309.00	Medium	i
3/1/2021	Raymond James	Lower Price Target	Outperform ➝ Strong-Buy	$327.00 ➝ $309.00	Low	i
2/23/2021	Raymond James	Lower Price Target	Outperform	$327.00 ➝ $309.00	High	i
2/23/2021	Credit Suisse Group	Lower Price Target	Neutral	$291.00 ➝ $277.00	High	i
2/23/2021	Barclays	Boost Price Target	Overweight	$305.00 ➝ $310.00	High	i
2/23/2021	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$335.00 ➝ $325.00	High	i
2/8/2021	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$305.00	Medium	i
2/3/2021	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$365.00 ➝ $291.00	High	i
1/15/2021	Barclays	Upgrade	Equal Weight ➝ Overweight	$305.00	Medium	i
12/22/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$355.00 ➝ $335.00	Low	i
12/11/2020	Morgan Stanley	Boost Price Target	Equal Weight	$309.00 ➝ $316.00	Medium	i
12/10/2020	Wells Fargo & Company	Lower Price Target	Overweight	$350.00 ➝ $325.00	Low	i
11/3/2020	Smith Barney Citigroup	Lower Price Target		$350.00 ➝ $336.00	Low	i
11/3/2020	Credit Suisse Group	Lower Price Target	Outperform	$361.00 ➝ $357.00	High	i Rating by Sami Badri at Credit Suisse Group AG
11/3/2020	Raymond James	Lower Price Target	Outperform	$366.00 ➝ $327.00	High	i
9/16/2020	Wells Fargo & Company	Boost Price Target	Overweight	$340.00 ➝ $350.00	Low	i
8/4/2020	Credit Suisse Group	Reiterated Rating	Buy	$361.00	Low	i Rating by Sami Badri at Credit Suisse Group AG
7/15/2020	Barclays	Initiated Coverage	Equal Weight	$308.00	Medium	i
7/13/2020	KeyCorp	Downgrade	Overweight ➝ Sector Weight		High	i
7/10/2020	Wells Fargo & Company	Boost Price Target	Overweight	$325.00 ➝ $340.00	Low	i
6/9/2020	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$335.00	High	i
6/5/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$345.00	High	i
6/1/2020	Morgan Stanley	Boost Price Target	Equal Weight	$298.00 ➝ $309.00	Low	i
5/11/2020	Royal Bank of Canada	Boost Price Target	Outperform	$313.00 ➝ $317.00	Medium	i
5/6/2020	Wells Fargo & Company	Boost Price Target	Overweight	$305.00 ➝ $325.00	Low	i
5/6/2020	Bank of America	Reiterated Rating	Buy	$290.00 ➝ $325.00	Medium	i Rating by David Barden at Bank of America Co.
5/6/2020	Credit Suisse Group	Lower Price Target	Outperform	$365.00 ➝ $361.00	Low	i
4/28/2020	Credit Suisse Group	Initiated Coverage	Outperform	$365.00	Medium	i
4/27/2020	Morgan Stanley	Boost Price Target	Equal Weight	$251.00 ➝ $298.00	Medium	i
4/19/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight		High	i
4/7/2020	Moffett Nathanson	Upgrade	Neutral ➝ Buy	$262.00 ➝ $327.00	Low	i
4/7/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$305.00	Low	i
4/2/2020	UBS Group	Upgrade	Neutral ➝ Buy	$310.00	High	i
3/26/2020	Raymond James	Lower Price Target	Outperform	$276.00 ➝ $273.00	High	i
3/19/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$276.00	High	i
3/12/2020	New Street Research	Upgrade	Neutral ➝ Buy		Low	i
3/2/2020	Bank of America	Upgrade	Neutral ➝ Buy	$290.00	High	i
2/24/2020	SunTrust Banks	Boost Price Target	Average ➝ Buy	$255.00 ➝ $330.00	High	i
2/21/2020	UBS Group	Boost Price Target	Neutral	$240.00 ➝ $310.00	Medium	i
2/21/2020	KeyCorp	Boost Price Target	Overweight	$292.00 ➝ $317.00	Medium	i
2/21/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$240.00 ➝ $305.00	Medium	i
2/19/2020	Citigroup	Boost Price Target	Buy	$270.00 ➝ $338.00	Low	i
1/13/2020	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$214.00 ➝ $280.00	High	i
9/19/2019	Morgan Stanley	Downgrade	Overweight ➝ Equal	$222.00 ➝ $249.00	Medium	i
8/19/2019	KeyCorp	Boost Price Target	Overweight	$259.00 ➝ $292.00	Low	i Rating by Brandon Nispel at KeyCorp
8/14/2019	Bank of America	Reiterated Rating	Neutral ➝ Neutral	$245.00 ➝ $260.00	Medium	i Rating by David Barden at Bank of America Co.
8/1/2019	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$220.00 ➝ $270.00	Low	i
7/30/2019	SunTrust Banks	Boost Price Target	Buy	$255.00	High	i
7/30/2019	KeyCorp	Boost Price Target	Overweight	$252.00 ➝ $259.00	High	i Rating by Brandon Nispel at KeyCorp
7/30/2019	Cowen	Boost Price Target	Outperform	$203.00 ➝ $250.00	High	i
7/15/2019	KeyCorp	Boost Price Target	Overweight	$215.00 ➝ $252.00	Medium	i
7/15/2019	Bank of America	Downgrade	Buy ➝ Neutral	$245.00	Medium	i
7/8/2019	Moffett Nathanson	Reiterated Rating	Buy ➝ Neutral	$246.00	Medium	i
6/13/2019	New Street Research	Downgrade	Buy ➝ Neutral	$236.00	Medium	i
6/7/2019	UBS Group	Downgrade	Buy ➝ Neutral	$209.00 ➝ $240.00	Low	i
5/20/2019	Morgan Stanley	Boost Price Target	Overweight	$204.00 ➝ $222.00	High	i
5/1/2019	Raymond James	Downgrade	Outperform ➝ Market Perform		Low	i
4/30/2019	KeyCorp	Boost Price Target	Overweight ➝ Overweight	$195.00 ➝ $215.00	Low	i
4/11/2019	SunTrust Banks	Reiterated Rating	Buy	$217.00	Low	i
3/19/2019	Bank of America	Boost Price Target	Buy	$189.00 ➝ $211.00	Low	i Rating by David Barden at Bank of America Co.
3/11/2019	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$190.00 ➝ $204.00	Low	i
2/22/2019	Guggenheim	Downgrade	Buy ➝ Neutral	$185.00	Low	i Rating by Robert Gutman at Guggenheim
2/12/2019	KeyCorp	Boost Price Target	Overweight ➝ Overweight	$176.00 ➝ $195.00	Low	i
11/15/2018	Bank of America	Set Price Target	Buy	$189.00	Low	i Rating by David Barden at Bank of America Co.
11/6/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$187.00 ➝ $192.00	Medium	i
10/31/2018	Citigroup	Upgrade	Neutral ➝ Buy	$175.00 ➝ $187.00	Medium	i
10/17/2018	Guggenheim	Set Price Target	Buy	$180.00	Low	i Rating by Robert Gutman at Guggenheim
8/29/2018	Macquarie	Lower Price Target	Neutral ➝ Neutral	$166.00 ➝ $161.00	Low	i
8/16/2018	Morgan Stanley	Lower Price Target	Overweight ➝ Overweight	$180.00 ➝ $176.00	Medium	i
8/1/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$170.00 ➝ $183.00	High	i
5/31/2018	Morgan Stanley	Lower Price Target	Overweight ➝ Overweight	$182.00 ➝ $180.00	Low	i
3/16/2018	Morgan Stanley	Lower Price Target	Overweight ➝ Overweight	$190.00 ➝ $182.00	Low	i
2/28/2018	Citigroup	Boost Price Target	Neutral ➝ Neutral	$168.00 ➝ $183.00	Low	i
2/27/2018	Guggenheim	Set Price Target	Buy	$190.00	High	i Rating by Robert Gutman at Guggenheim
2/27/2018	Cowen	Reiterated Rating	Buy		High	i
2/27/2018	SunTrust Banks	Reiterated Rating	Buy		High	i
2/27/2018	Wells Fargo & Company	Reiterated Rating	Market Perform ➝ Market Perform	$150.00 ➝ $170.00	Low	i
2/27/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$164.00 ➝ $170.00	Medium	i
2/27/2018	KeyCorp	Set Price Target	Overweight ➝ Buy	$192.00 ➝ $188.00	High	i
1/19/2018	Barclays	Reiterated Rating	Buy	$178.00	High	i
1/17/2018	Guggenheim	Set Price Target	Buy	$172.00	Low	i
12/5/2017	Cowen	Reiterated Rating	Buy	$155.00 ➝ $170.00	Medium	i
11/30/2017	Royal Bank of Canada	Reiterated Rating	Buy	$200.00	Low	i
11/27/2017	KeyCorp	Reiterated Rating	Overweight	$179.00 ➝ $192.00	Medium	i
11/14/2017	Morgan Stanley	Boost Price Target	Overweight	$169.00 ➝ $190.00	N/A	i
11/1/2017	KeyCorp	Reiterated Rating	Buy	$170.00 ➝ $179.00	N/A	i
10/18/2017	UBS Group	Initiated Coverage	Buy	$176.00	N/A	i
10/17/2017	Cowen	Reiterated Rating	Buy	$147.00	N/A	i
9/27/2017	KeyCorp	Upgrade	Sector Weight ➝ Overweight	$170.00	Low	i
8/28/2017	Citigroup	Boost Price Target	Neutral	$140.00 ➝ $168.00	Low	i
8/24/2017	Morgan Stanley	Reiterated Rating	Overweight	$147.00 ➝ $159.00	Low	i
8/2/2017	Royal Bank of Canada	Reiterated Rating	Buy		Low	i
8/1/2017	Barclays	Reiterated Rating	Overweight	$148.00	Low	i
8/1/2017	Stifel Nicolaus	Reiterated Rating	Buy	$148.00 ➝ $160.00	Low	i Rating by Matthew Heinz at Stifel Nicolaus
8/1/2017	Jefferies Financial Group	Boost Price Target	Buy	$150.00 ➝ $159.00	Medium	i
7/14/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$133.00 ➝ $150.00	Low	i
6/12/2017	Raymond James	Reiterated Rating	Strong-Buy ➝ Outperform		Medium	i
6/12/2017	Citigroup	Downgrade	Outperform	$153.00	Medium	i
5/3/2017	Barclays	Boost Price Target	Overweight	$136.00 ➝ $137.00	Low	i
5/2/2017	Jefferies Financial Group	Boost Price Target	Buy	$133.00 ➝ $150.00	Low	i
5/2/2017	Cowen	Boost Price Target	Outperform	$131.00 ➝ $141.00	Low	i
5/2/2017	The Goldman Sachs Group	Boost Price Target	Neutral	$121.00 ➝ $131.00	Low	i
5/2/2017	Stifel Nicolaus	Set Price Target	Buy	$137.00 ➝ $148.00	Low	i
4/25/2017	Citigroup	Boost Price Target	Neutral	$124.00 ➝ $134.00	Low	i
4/22/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$121.00 ➝ $133.00	Low	i
4/19/2017	Barclays	Boost Price Target	Overweight	$118.00 ➝ $136.00	Low	i
4/10/2017	Guggenheim	Upgrade	Neutral ➝ Buy	$118.00 ➝ $137.00	Medium	i
2/26/2017	Macquarie	Reiterated Rating	Hold	$107.00	N/A	i
1/25/2017	Citigroup	Downgrade	Buy ➝ Neutral		N/A	i
12/21/2016	BTIG Research	Reiterated Rating	Buy	$145.00	N/A	i
12/21/2016	Guggenheim	Reiterated Rating	Neutral		N/A	i
12/15/2016	Guggenheim	Initiated Coverage	Neutral		N/A	i
12/6/2016	Macquarie	Initiated Coverage	Neutral	$107.00	N/A	i
11/30/2016	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$130.00	N/A	i
9/12/2016	SunTrust Banks	Initiated Coverage	Buy	$129.00	N/A	i
8/25/2016	Morgan Stanley	Reiterated Rating	Buy	$134.00	N/A	i Rating by Simon Flannery at Morgan Stanley
8/6/2016	Jefferies Financial Group	Reiterated Rating	Buy		N/A	i Rating by scott goldman at Jefferies Financial Group Inc.
7/29/2016	Pacific Crest	Reiterated Rating	Hold		N/A	i
7/29/2016	Jefferies Financial Group	Boost Price Target	Buy	$115.00 ➝ $133.00	N/A	i
7/22/2016	Morgan Stanley	Reiterated Rating	Overweight	$132.00	N/A	i Rating by Simon Flannery at Morgan Stanley
7/21/2016	Barclays	Boost Price Target	Overweight	$115.00 ➝ $118.00	N/A	i
7/19/2016	BTIG Research	Reiterated Rating	Buy	$135.00 ➝ $142.00	N/A	i
7/11/2016	Citigroup	Reiterated Rating	Buy	$112.00 ➝ $132.00	N/A	i

(Data available from 6/17/2016 forward)

SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By ÂBuilding Better Wireless,Â SBA generates revenue from two primary businesses Â- site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.

Today's Range

Now: $321.88

$314.56

$322.17

50 Day Range

MA: $296.98

$275.69

$320.01

52 Week Range

Now: $321.88

$232.88

$328.37

Volume

722,059 shs

Average Volume

719,694 shs

Market Capitalization

$35.20 billion

P/E Ratio

261.69

Dividend Yield

0.73%

Beta

0.2

Frequently Asked Questions

What sell-side analysts currently cover shares of SBA Communications?

The following Wall Street sell-side analysts have issued reports on SBA Communications in the last year: Barclays PLC, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Raymond James, Smith Barney Citigroup, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for SBAC.

What is the current price target for SBA Communications?

10 Wall Street analysts have set twelve-month price targets for SBA Communications in the last year. Their average twelve-month price target is $329.10, suggesting a possible upside of 4.1%. Wells Fargo & Company has the highest price target set, predicting SBAC will reach $350.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $305.00 for SBA Communications in the next year.
View the latest price targets for SBAC.

What is the current consensus analyst rating for SBA Communications?

SBA Communications currently has 2 hold ratings, 7 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SBAC will outperform the market and that investors should add to their positions of SBA Communications.
View the latest ratings for SBAC.

What other companies compete with SBA Communications?

Other companies that are similar to SBA Communications include Crown Castle International, BlackBerry, United States Cellular, Telephone and Data Systems, Shenandoah Telecommunications, Boingo Wireless and Spok.

How do I contact SBA Communications' investor relations team?

SBA Communications' physical mailing address is 8051 CONGRESS AVENUE, BOCA RATON FL, 33487. The technology company's listed phone number is 561-995-7670 and its investor relations email address is [email protected] The official website for SBA Communications is www.sbasite.com.