SBA Communications (SBAC) Stock Analysis & Forecast

Sep 28 close

$163.43−2.72 (−1.6%)

Gekko Brief

SBA Communications closed at $163.43 on 28 September 2026, -1.6% on the day. The price sits below both the 50-day ($181.40) and 200-day ($191.89) moving averages, inside a 52-week range of $162.21 to $224.46. The GekkoIndex reads 72.5, in the Buying zone, up 5.9 points over five sessions. Gekko Fair Value is $293.64, so the price is 44.3% below it.

The next earnings report is due on 2 November 2026, 34 days away (after close). Over the last 8 reports the company beat the earnings estimate 4 times, with an average move of 3.6% across the report. Seasonally, the next 20 trading days from this point averaged -1.4% over the last 5 years, rising in 3 of them.

13 firms rate the stock: 6 buy, 7 hold and 0 sell, with a consensus target of $225.90. A typical daily move is about 3%, and a typical 20-day move about 5.2%. On the swing-trade checklist, 3 items read supportive and 1 reads as a headwind (trend).

Generated Sep 29, 2026 from the data above.

SBA Communications price vs fair value

▲$293.64$163.43Sep ’25Mar ’26Sep ’26
Close $163.43200-day averageGekko Fair Value $293.64

SBA Communications quick facts

Market cap
$17.33B
P/E ratio
18.4
Forward P/E
19.4
EPS, TTM
$9.04
Revenue, TTM
$2.87B
Profit margin
34.5%
Dividend yield
2.77%
Beta
0.98
Volume
868,617 avg 940,397
1-year return
−16.4%
Typical daily move
±3%
Typical 20-day move
±5.2%
50-day average
$181.40
200-day average
$191.89
Next earnings
Nov 2 after close
Shares outstanding
106.1M
52-week range
$162.21$224.46

SBA Communications swing-trade checklist

SBA Communications scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $163.43 is below the 50-day ($181.40) and 200-day ($191.89) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    72.5, Buying

    Reading 72.5 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    44.3% below

    Price is 44.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 34 days

    Next report Nov 2, 2026, 34 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −1.4% on average

    From this point in the calendar, the next 20 trading days averaged −1.4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

SBA Communications stock chart and price history

SBA Communications closed at $163.43 on Sep 28, 2026, −16.4% over the past year, inside a 52-week range of $162.21 to $224.46.

Close50-day average200-day averageVolume
SBA Communications share price, past year, with 50-day and 200-day moving averages and volume$180$200$220NovDecJan 2026FebMarAprMayJunJulAugSep163.43

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.6%
3 months
−9.0%
6 months
−2.2%
1 year
−16.4%
The full SBAC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SBAC in Gekko

Follow SBA Communications through every session

Put SBAC on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track SBAC in GekkoFree for 7 days. No credit card required.

About SBA Communications

SBA Communications owns and manages wireless communication towers, renting space on them to wireless service providers who need places to mount their antennas and equipment. The company operates across North, Central and South America, as well as South Africa, and is known for the scale of its shared tower network that supports mobile network coverage in these regions.

The company's revenue comes from two main sources: long-term leasing agreements that let carriers place their equipment on its towers, and site development work that helps customers plan and build out wireless infrastructure. Its customers are wireless service providers who rely on shared tower capacity rather than building their own standalone structures, entering into extended contracts for that access.

Shares of SBA Communications trade under the ticker SBAC.

Sector
Finance
Website
sbasite.com

SBA Communications GekkoIndex: the smart money zone

SBA Communications’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 72.5, in the Buying zone, up 5.9 points over five sessions.

010072.5Buying

Up 5.9 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)31+2.7%+6.7%+5.3%+5.8%
Accumulation2490.0%−0.3%+0.3%+0.9%
Neutral323−0.5%−0.7%−1.0%−1.5%
Distribution22−0.3%−0.7%−0.6%−4.2%
Selling0Not available

Average SBAC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the SBAC price, zone by zone.Track SBAC in Gekko

Is SBA Communications stock overvalued? Gekko Fair Value

SBA Communications trades 44.3% below Gekko Fair Value of $293.64, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what SBA Communications shares are worth, recalculated every trading day.

$293.64

Gekko Fair Value, Sep 26, 2026

44.3% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SBAC in Gekko

SBA Communications insider and Congress trading

No open-market insider purchases were filed for SBA Communications, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for SBAC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every SBAC insider filing, plotted on the chart in Gekko.Open SBAC in Gekko

Congress trades last 90 days

No trades in SBAC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for SBAC, plotted on the chart in Gekko.Open SBAC in Gekko

Buybacks

SBA Communications has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$2.25M
As a share of market cap
0.01%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds SBAC.

0added1opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

SBA Communications earnings: next date and track record

SBA Communications reports on Nov 2, 2026, after the close (34 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±3.6%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

−4.2%Oct ’24+2.9%Feb ’25+7.4%Apr ’25−4.1%Aug ’25+2.5%Nov ’25+2.0%Feb ’26+1.7%Apr ’26+3.8%Aug ’26

Last earnings call, Aug 3, 2026 AI summary

What they said
SBA reported Q2 2026 AFFO per share of $3.05 with tower cash flow margins near 80%. The company raised $3.5 billion in its first investment-grade unsecured bond offering, fully paying down Term Loan B and revolving credit facility, leaving $570 million cash on hand. S&P upgraded SBA from BBB- to BBB. U.S. domestic new lease and amendment billings added ~$9 million; international added ~$4 million. Leverage stands at 6.4x net debt to EBITDA.
Guidance
SBA modestly raised full year 2026 outlook for site leasing revenue, AFFO, and AFFO per share, driven by higher straight-line revenues and improved net cash interest. The $1.2 billion November ABS maturity is assumed to refinance at 5.25%. Quarterly dividend of $1.25/share declared, up ~13% year-over-year.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 3, 2026$1.87
est $1.85
+1.1%$715.3M
est $706.0M
+1.3%+3.8%
Apr 29, 2026$1.74
est $1.78
−2.2%$703.4M
est $696.2M
+1.0%+1.7%
Feb 26, 2026$3.47
est $3.89
−10.8%$719.6M
est $725.8M
−0.9%+2.0%
Nov 3, 2025$3.32
est $3.04
+9.2%$732.3M
est $725.8M
+0.9%+2.5%
Aug 4, 2025$2.09
est $3.12
−33.0%$699.0M
est $701.0M
−0.3%−4.1%
Apr 28, 2025$1.77
est $3.12
−43.3%$664.2M
est $662.3M
+0.3%+7.4%
Feb 24, 2025$2.33
est $2.28
+1.9%$693.7M
est $682.3M
+1.7%+2.9%
Oct 28, 2024$2.40
est $2.27
+5.7%$667.6M
est $684.7M
−2.5%−4.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

SBA Communications stock forecast and analyst price targets

Analysts’ average 12-month price target for SBA Communications is $225.90, +38.2% from the last close, from 13 firms rating the stock in the last 90 days.

$225.90consensus 12-month target, +38.2% from the last close
Low $200High $250
Buy6
Hold7
Sell0

Each firm’s latest rating in the last 90 days: 13 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 21Morgan StanleyHold, reiterated$205+25.4%
Sep 14BernsteinHold, maintained$219+34.0%
Aug 31BernsteinHold, maintained$219+34.0%
Aug 24BMO CapitalHold, maintained$200+22.4%
Aug 21BernsteinHold, maintained$219+34.0%
+5.3%average 20-day move after past Buying readings
−1.4%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

SBA Communications seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, SBA Communications averaged −1.4% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+3.9%2021−13.7%2022−1.5%2023+4.2%2024+2.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.9%2 of 5
Next 10 trading days−3.8%0 of 5
Next 15 trading days−2.0%3 of 5
Next 20 trading days−1.4%3 of 5
Next 30 trading days+0.6%3 of 5

For scale, SBAC’s typical 20-trading-day move in either direction is about 5.2%.

SBA Communications market cap and key statistics

SBA Communications’s market cap is $17.33B, with a P/E ratio of 18.4 and revenue of $2.87B over the last twelve months.

Valuation

Market cap
$17.33B
P/E ratio
18.4
Forward P/E
19.4
EPS, TTM
$9.04
Gekko Fair Value
$293.64

Trading

Volume
868,617
Avg volume, 20 days
940,397
52-week high
$224.46
52-week low
$162.21
Shares outstanding
106.1M

Financials

Revenue, TTM
$2.87B
Profit margin
34.5%
Return on equity
0%
Quarterly earnings growth, YoY
−10.5%

Risk and income

Beta
0.98
Typical daily move
±3%
Typical 20-day move
±5.2%
Dividend yield
2.77%

SBA Communications stock news this week

1 headline about SBA Communications from the past week, newest first, each linking to the publisher.

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

SBA Communications stock FAQ

What is SBA Communications’s market cap?

SBA Communications’s market cap is $17.33B at the Sep 28, 2026 close of $163.43, with 106.1M shares outstanding. The shares trade on a P/E ratio of 18.4.

What is the SBA Communications stock forecast?

The consensus analyst 12-month price target for SBA Communications is $225.90, +38.2% from the last close. Of the 13 firms that rated the stock in the last 90 days, 6 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is SBA Communications stock overvalued or undervalued?

On Gekko’s estimate SBA Communications is undervalued: the Sep 28, 2026 close of $163.43 is 44.3% below Gekko Fair Value of $293.64. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does SBA Communications report earnings next?

SBA Communications is expected to report on Nov 2, 2026, after the market closes (34 days away). Analysts expect earnings of $2.09 per share on revenue of $724.4M. SBA Communications beat the earnings estimate in 4 of its last 8 reports, moving 3.6% on average across the report.

What is SBA Communications’s 52-week high and low?

SBA Communications’s 52-week high is $224.46 and its 52-week low is $162.21; it closed at $163.43 on Sep 28, 2026, −16.4% over the past year. Over the last five years the shares peaked at $391.15 on Dec 31, 2021.

Is SBA Communications stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See SBA Communications the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.