Research Analysts’ Recent Ratings Updates for SBA Communications (SBAC)

SBA Communications (NASDAQ: SBAC) has recently received a number of price target changes and ratings updates:

• 11/4/2026 – SBA Communications had its price target lowered by Truist Financial from $238.00 to $235.00. They now have a “buy” rating on the stock.
• 11/3/2026 – SBA Communications was given a new $200.00 price target by Wells Fargo & Company.
• 11/3/2026 – SBA Communications had its “market outperform” rating reaffirmed by Citigroup.
• 11/3/2026 – SBA Communications had its price target lowered by Citigroup from $235.00 to $225.00. They now have a “buy” rating on the stock.
• 11/3/2026 – SBA Communications had its price target lowered by JPMorgan Chase & Co. from $220.00 to $200.00. They now have a “neutral” rating on the stock.
• 11/3/2026 – SBA Communications had its price target raised by TD Cowen from $229.00 to $239.00. They now have a “buy” rating on the stock.
• 10/20/2026 – SBA Communications had its price target lowered by Sanford C. Bernstein from $219.00 to $208.00. They now have a “market perform” rating on the stock.
• 10/15/2026 – SBA Communications was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 10/15/2026 – SBA Communications was upgraded by Jefferies Financial Group to “hold”.
• 10/5/2026 – SBA Communications had its “outperform” rating reaffirmed by Raymond James Financial. They now have a $271.00 price target on the stock.
• 9/30/2026 – SBA Communications had its price target lowered by Barclays from $208.00 to $207.00. They now have an “overweight” rating on the stock.
• 9/24/2026 – SBA Communications was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 9/21/2026 – SBA Communications had its price target lowered by Morgan Stanley from $215.00 to $205.00. They now have an “equal weight” rating on the stock.

SBA Communications Trading Up 5.8%

SBAC stock traded up $10.79 during trading hours on Wednesday, hitting $195.48. 2,187,676 shares of the stock traded hands, compared to its average volume of 1,057,401. The stock has a 50-day simple moving average of $179.45 and a 200 day simple moving average of $189.97. SBA Communications Corporation has a one year low of $156.60 and a one year high of $224.46. The company has a market cap of $20.74 billion, a P/E ratio of 21.09, a P/E/G ratio of 1.85 and a beta of 0.97.

SBA Communications (NASDAQ:SBAC) last issued its quarterly earnings results on Monday, November 2nd. The technology company reported $2.19 EPS for the quarter, topping the consensus estimate of $2.09 by $0.10. SBA Communications had a net margin of 34.54% and a negative return on equity of 20.76%. The firm had revenue of $713.92 million for the quarter, compared to analysts’ expectations of $724.07 million. During the same period in the previous year, the business earned $3.30 earnings per share. SBA Communications’s revenue for the quarter was down 2.5% compared to the same quarter last year. Analysts forecast that SBA Communications Corporation will post 11.40 earnings per share for the current year.

SBA Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 12th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, November 12th. SBA Communications’s payout ratio is presently 53.88%.

Insider Buying and Selling

In related news, Director George R. Krouse, Jr. sold 300 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $182.67, for a total transaction of $54,801.00. Following the completion of the sale, the director directly owned 8,512 shares of the company’s stock, valued at $1,554,887.04. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.50% of the stock is currently owned by corporate insiders.

SBA Communications Corporation is a real estate investment trust that owns and operates wireless communications infrastructure. The company’s portfolio primarily consists of wireless communications towers and related sites that support cellular, wireless broadband, and other communications equipment.

SBA Communications leases antenna space on its towers to wireless service providers, government agencies, and other communications companies. It also provides site development services, including zoning, permitting, construction, and project management, as well as tower construction and acquisition services in selected markets.

Founded in 1989 and headquartered in Boca Raton, Florida, SBA Communications serves customers across the United States and in parts of Central and South America.