SBA Communications Corporation (SBAC) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$217.38
Price Target
$230.14
Target Range
$205.00 — $260.00
Analyst Rating
Buy
Forward P/E29.2x
Trailing P/E22.2x
Forward PEG0.25
Implied Growth-22.4%
Median Target$230.00
Analyst Spread23.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$205
-5.7%
Consensus
$230
+5.9%
Bull Case
$260
+19.6%
Valuation Model TargetsConfidence: 54/100
Bear$75
Base$232
Bull$216
SBAC Price Target Analysis
Updated May 6, 2026As of May 6, 2026, SBA Communications Corporation (SBAC) has a Wall Street consensus price target of $230.14, based on estimates from 42 covering analysts. With the stock currently trading at $217.38, this represents a potential upside of +5.9%. The company has a market capitalization of $23.06B.
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 22.2x and forward P/E of 29.2x. The forward PEG ratio of 0.25 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -22.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $232.01, with bear and bull scenarios of $75.45 and $216.14 respectively. Model confidence stands at 54/100, reflecting moderate uncertainty in projections.
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+15.6%
Avg Forward P/E18.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 AMTAmerican Tower Corporation | $83.0B | $178.12 | $216.33 | +21.5% | Buy | 27.2x | 49 |
 CCICrown Castle Inc. | $38.9B | $89.10 | $105.40 | +18.3% | Buy | 43.0x | 46 |
 UNITUniti Group Inc. | $2.7B | $11.50 | $11.00 | -4.3% | Hold | — | 13 |
 LUMNLumen Technologies, Inc. | $9.5B | $9.23 | $7.08 | -23.3% | Hold | — | 28 |
 CCOICogent Communications Holdings, Inc. | $905M | $18.06 | $27.50 | +52.3% | Hold | — | 32 |
 SHENShenandoah Telecommunications Company | $888M | $16.05 | $29.00 | +80.7% | Buy | — | 8 |
 TAT&T Inc. | $181.1B | $25.93 | $29.42 | +13.5% | Hold | 11.2x | 62 |
 VZVerizon Communications Inc. | $199.7B | $47.34 | $51.56 | +8.9% | Hold | 9.6x | 60 |
 TMUST-Mobile US, Inc. | $210.3B | $194.35 | $254.08 | +30.7% | Buy | 18.5x | 54 |
 ERICTelefonaktiebolaget LM Ericsson (publ) | $36.6B | $11.93 | $6.94 | -41.8% | Hold | 2.0x | 40 |
Upside Potential Comparison
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Start ComparisonSBAC — 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 price target for SBAC is $230.14, close to the current price of $217.38 (5.9% implied move). Based on 42 analyst estimates, the stock appears fairly valued near current levels.
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 $230.14 implies 5.9% upside from current levels.
Is SBAC stock overvalued or undervalued?
SBAC trades at a forward P/E of 29.2189x, representing a moderate valuation. With analysts targeting $230.14 (5.9% 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 $230.14 represents the median expectation. Our quantitative valuation model projects a bull case target of $216 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 $230.14, 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 $232, with bear/bull scenarios of $75/$216.
What is SBAC's fair value based on fundamentals?
Our quantitative valuation model calculates SBAC's fair value at $232 (base case), with a bear case of $75 and bull case of $216. 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 54/100.
What is SBAC's forward P/E ratio?
SBAC trades at a forward P/E ratio of 29.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 22.2x. 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?
SBAC appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $230.14 target. Consider your investment thesis and risk tolerance. 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 $230.14 consensus represents the middle ground. Our model's $75-$216 range provides an independent fundamental perspective.