
SBA Communications (SBAC) Stock Forecast & Price Target
SBA Communications (SBAC) Analyst Ratings
Bulls say
SBA Communications demonstrates a positive growth trajectory, evidenced by a significant acceleration in leasing application activity during the fourth quarter of 2024, reaching the highest levels for the year. The company is expected to achieve organic revenue growth in the mid-single digits, bolstered by increasing demand for tower leasing as national carriers, particularly AT&T and Verizon, focus on densifying their networks in response to rising mobile consumption and fixed wireless adoption. Additionally, the potential expansion of mobile 5G services and contributions from the DISH buildout suggest further opportunities for revenue enhancement, supporting an optimistic outlook for the company.
Bears say
SBA Communications faces significant challenges due to its concentrated customer base, with the majority of its revenue reliant on a few top mobile carriers, which heightens the risk of revenue volatility stemming from potential lease non-renewals or carrier consolidation. Additionally, the company's dependence on site leasing revenues is under pressure from anticipated foreign exchange headwinds and a slowdown in the U.S. leasing activity, further dampening revenue growth prospects. Furthermore, projected lower EBITDA and tower cash flow, combined with the potential for higher churn and rising interest rates, contribute to an overall negative outlook for the company's financial health in the coming years.
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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