SBA Communications Corporation (SBAC) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 42 analysts27.2% Below Target
SBAC trades 27.2% below Wall Street's consensus target of $233.00.
Current Price$183.23
Average Target$233.00
Target
Current
Low$205.00
Median$230.00
High$260.00
Analyst Target Range
Forward P/E24.7x
(Fair)
PEG Ratio0.21
(Undervalued)
Implied Growth-22.5%
(Declining)
Analyst Spread23.6%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes SBAC achieves its forward estimates and maintains a stable P/E multiple of 24.7x. This scenario reflects the blended consensus of 42 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
SBAC Price Target Analysis
Updated July 8, 2026As of July 8, 2026, SBA Communications Corporation (SBAC) has a Wall Street consensus price target of $233.00, based on estimates from 42 covering analysts. With the stock currently trading at $183.23, this represents a potential upside of +27.2%. The company has a market capitalization of $19.43B.
Analyst price targets range from a low of $205.00 to a high of $260.00, representing a 24% spread in expectations. The median target of $230.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 28 analysts rating the stock as a Buy or Strong Buy,14 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SBAC trades at a trailing P/E of 18.7x and forward P/E of 24.7x. The forward PEG ratio of 0.21 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -22.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $43.52, with bear and bull scenarios of $27.42 and $57.34 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+37.9%
Industry Consensus
Avg Forward P/E
16.5x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 AMTAmerican Tower Corporation | $77.0B | $165.25 | $210.82 | +27.6% | Buy | 25.1x | 50 |
 CCICrown Castle Inc. | $33.7B | $77.22 | $98.50 | +27.6% | Hold | 36.9x | 46 |
 UNITUniti Group Inc. | $2.6B | $10.77 | $11.40 | +5.8% | Hold | — | 13 |
 LUMNLumen Technologies, Inc. | $6.6B | $6.44 | $7.63 | +18.5% | Hold | — | 28 |
 CCOICogent Communications Holdings, Inc. | $584M | $11.65 | $24.33 | +108.8% | Hold | — | 32 |
 SHENShenandoah Telecommunications Company | $709M | $12.82 | $29.00 | +126.2% | Buy | — | 8 |
 TAT&T Inc. | $143.1B | $20.49 | $29.35 | +43.2% | Hold | 8.9x | 62 |
 VZVerizon Communications Inc. | $177.8B | $42.59 | $51.56 | +21.1% | Hold | 8.6x | 60 |
 TMUST-Mobile US, Inc. | $199.9B | $184.73 | $251.64 | +36.2% | Buy | 17.7x | 54 |
 ERICTelefonaktiebolaget LM Ericsson (publ) | $35.8B | $10.82 | $6.94 | -35.9% | Hold | 1.9x | 40 |
SBAC — Frequently Asked Questions
Quick answers to the most common questions about buying SBAC stock.
What is the SBAC stock price target for 2026?
The consensus Wall Street price target for SBAC is $233, representing 27.2% upside from the current price of $183.23. With 42 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is SBAC a buy, sell, or hold?
SBAC has a consensus rating of "Buy" based on 42 Wall Street analysts. The rating breakdown is predominantly bullish, with 28 Buy/Strong Buy ratings. The consensus 12-month price target of $233 implies 27.2% upside from current levels.
Is SBAC stock overvalued or undervalued?
SBAC trades at a forward P/E of 24.6542x, representing a moderate valuation. With analysts targeting $233 (27.2% implied move), the stock appears reasonably valued with upside.
How high can SBAC stock go?
The most bullish Wall Street analyst has a price target of $260 for SBAC, while the most conservative target is $205. The consensus of $233 represents the median expectation. Our quantitative valuation model projects a bull case target of $57 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover SBAC stock?
SBAC is heavily covered by Wall Street, with 42 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 27 have Buy ratings, 14 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the SBAC stock forecast?
The 12-month SBAC stock forecast based on 42 Wall Street analysts shows a consensus price target of $233, with estimates ranging from $205 (bear case) to $260 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $44, with bear/bull scenarios of $27/$57.
What is SBAC's fair value based on fundamentals?
Our quantitative valuation model calculates SBAC's fair value at $44 (base case), with a bear case of $27 and bull case of $57. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
What is SBAC's forward P/E ratio?
SBAC trades at a forward P/E ratio of 24.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.7x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy SBAC stock?
Wall Street analysts are very optimistic on SBAC, with a "Buy" consensus rating and $233 price target (27.2% upside). 28 of 42 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do SBAC price targets vary so much?
SBAC analyst price targets range from $205 to $260, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $233 consensus represents the middle ground. Our model's $27-$57 range provides an independent fundamental perspective.
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