What is SBAC stock price target for 2026?

WallStSmart's 12-month price target for SBA Communications Corp is $168.70, representing 21.9% downside from the current price of $215.97.

What is SBAC stock forecast?

SBA Communications Corp forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is SBAC undervalued based on price targets?

Our DCF intrinsic value for SBA Communications Corp is $217.30, against a current price of $215.97. The margin of safety is 12.12%.

SBAC

SBA Communications Corp

NASDAQ: SBAC · REAL ESTATE · REIT - SPECIALTY

$215.97

-0.74% today

Updated 2026-04-29

Market cap

$22.91B

P/E ratio

22.02

P/S ratio

8.14x

EPS (TTM)

$9.81

Dividend yield

2.04%

52W range

$162 – $240

Volume

1.3M

Market cap

$22.91B

P/E ratio

22.02

P/S ratio

8.14x

EPS (TTM)

$9.81

Dividend yield

2.04%

52W range

$162 – $240

Volume

1.3M

SBA Communications Corp (SBAC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$215.97

Consensus

$230.53

+6.74%

2030 Target

—

DCF

$217.30

+12.12% MoS

Current price

$215.97

Analyst consensus

$230.53

+6.74%

2030 Target

—

Intrinsic (DCF)

$217.30

+12.12% MoS

19 analysts:

10 Buy9 Hold0 Sell

Management guidance

SBA Communications provided 2026 full-year guidance with revenue projected at approximately $2.90B (implying ~2.98% growth from 2025's $2.82B). Management has not provided specific multi-year revenue targets through 2030, but emphasized organic growth from tower densification, 5G deployment, and international expansion opportunities.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$591.72

—

Base case (2030)

$367.27

—

Bear case (2030)

$244.85

—

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)
Revenue	$2.7B	$2.7B	$2.8B	$2.9B	$3.0B	$3.1B	$3.1B
Revenue growth	—	-1.2%	5.1%	3.0%	2.5%	2.9%	3.1%
EPS	$4.61	$7.66	$8.92	$8.59	$9.23	$9.75	$10.35
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$326.46	$346.87	$346.87	$367.27

Catalysts & risks

Growth catalysts

+ Potential strategic sale or takeout interest (reported April 2026, triggered 14.7% stock surge)

+ 5G infrastructure deployment acceleration and tower densification across North America

+ International expansion in emerging markets with wireless infrastructure buildout

+ Potential M&A consolidation in tower REIT sector creating strategic value

+ AI data center demand driving incremental colocation and backhaul requirements

Key risks

- DISH Wireless default risk and shorter lease durations reducing revenue stability (noted as 'cleanest 2026 outlook' implies prior concerns)

- Carrier spending slowdown or consolidation reducing tower demand growth

- Rising debt service costs and refinancing risk given $15.3B total debt and current interest rate environment

- Slower than expected 5G monetization and tower densification adoption

- REITs sector headwinds from interest rate sensitivity and high payout ratios limiting reinvestment

Methodology

SBA Communications Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.