
SBA Communications (SBAC) Stock Forecast & Price Target
SBA Communications (SBAC) Analyst Ratings
Bulls say
SBA Communications is poised for positive growth, with leasing application activity reaching its highest quarterly level in 2024, indicating a potential for growth that may exceed expectations. The deployment of C-Band frequencies and contributions from new network builds, particularly from key carriers like AT&T and Verizon, are expected to drive mid-to-high single-digit organic revenue growth moving forward. Furthermore, a shift in revenue generation from new site leases to increased amendment activity is anticipated in 2025, which could further enhance the company's growth trajectory.
Bears say
SBA Communications faces a negative outlook driven by several fundamental challenges, including its concentrated customer base, with the top mobile carriers generating most of its revenue, thereby heightening dependency risks. The company anticipates headwinds from foreign exchange pressures that may adversely impact its financial performance in 2025, alongside potential slower growth in site leasing revenues and increased churn rates due to industry consolidation. Furthermore, while current net debt levels are low, persistent higher interest rates could further exacerbate cash flow constraints, affecting overall operational stability.
This aggregate rating is based on analysts' research of SBA Communications and is not a guaranteed prediction by Public.com or investment advice.
SBA Communications (SBAC) Analyst Forecast & Price Prediction
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