
SBA Communications (SBAC) Stock Forecast & Price Target
SBA Communications (SBAC) Analyst Ratings
Bulls say
SBA Communications operates a robust portfolio of approximately 45,000 wireless towers, primarily in North America, which supports a strong leasing revenue model largely reliant on a concentrated customer base of major mobile carriers. The company's valuation metrics remain appealing, with a current trading multiple of about 17 times the estimated 2026 Adjusted Funds From Operations (AFFO), suggesting strong financial health and an attractive investment position. Additionally, anticipated reversals in market dynamics projected for the second half of 2025 and first half of 2026 indicate a potential improvement in AFFO multiples, which could further enhance the company's financial performance.
Bears say
SBA Communications faces significant challenges due to a concentrated customer base, with the majority of its revenue derived from a few major mobile carriers, particularly in the U.S. Additionally, the company is grappling with macroeconomic headwinds such as elevated interest rates and the impacts of 5G deployment lapping, which may hinder future growth opportunities. Furthermore, concerns regarding a slowdown in global expansion, a lack of new frequency allocations for cell sites, and the proliferation of satellite broadband services contribute to the negative outlook for SBA Communications's stock.
This aggregate rating is based on analysts' research of SBA Communications and is not a guaranteed prediction by Public.com or investment advice.
SBA Communications (SBAC) Analyst Forecast & Price Prediction
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