SBA Communications Corporation ($SBAC) Stock Forecast: Up 5.4% Today

What is SBA Communications Corporation?

SBA Communications Corporation ($SBAC) is a leading independent owner and operator of wireless communications infrastructure, including towers. The company provides crucial services to major wireless carriers in North, Central, and South America.

Why is SBA Communications Corporation going up?

SBAC stock is up 5.4% on Feb 12, 2026 15:56

• Wealthfront Advisers LLC reduced its stake in SBAC, but other major institutional investors like Norges Bank and Mitsubishi UFJ Trust & Banking Corp increased their holdings, leading to overall institutional ownership of 97.35%.
• ProShare Advisors LLC acquired more shares of SBAC, indicating confidence in the company's future growth prospects.
• Despite some analysts trimming price targets, the consensus rating for SBAC remains a "Moderate Buy" with an average target price of $235.18, suggesting optimism in the stock's potential.
• The market movement of SBAC towards a bullish trend could be attributed to the increased confidence from institutional investors and the overall positive outlook on the company's growth trajectory, despite some analysts adjusting price targets.

SBAC Price Chart

SBAC Technical Analysis

SBAC News

Wealthfront Advisers LLC Reduces Holdings in SBA Communications Corporation $SBAC

Wealthfront Advisers LLC significantly cut its stake in SBA Communications Corporation by 22.3% in Q3, selling 11,702 shares. Despite this, other major institutional investors like Norges Bank and Mitsubishi UFJ Trust & Banking Corp substantially increased their holdings, leading to overall institutional ownership of 97.35%. Analysts maintain a "Moderate Buy" rating with an average target price of $235.18, against the current trading price around $190.96.

https://www.marketbeat.com/instant-alerts/filing-wealthfront-advisers-llc-reduces-holdings-in-sba-communications-corporation-sbac-2026-02-12/

SBA Communications Corporation $SBAC Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in SBA Communications Corporation by 27.5% in the third quarter, acquiring an additional 8,404 shares to hold a total of 38,988 shares valued at approximately $7.54 million. Institutional investors collectively own 97.35% of the company's stock. Despite some analysts trimming price targets, the consensus rating for SBAC remains a "Moderate Buy" with an average target price of $235.18.

https://www.marketbeat.com/instant-alerts/filing-sba-communications-corporation-sbac-shares-acquired-by-proshare-advisors-llc-2026-02-12/

Assessing American Tower’s Valuation After Dish Lease Default Raises Tenant Risk Concerns

American Tower (AMT) faces questions about tenant reliability after Dish Wireless defaulted on lease payments. Despite this, AMT's stock is considered undervalued based on its P/E ratio and discounted cash flow model. While the company maintains the default won't impact 2025 financial results, the situation highlights potential tenant risks for investors.

https://simplywall.st/stocks/us/real-estate/nyse-amt/american-tower/news/assessing-american-towers-valuation-after-dish-lease-default

Crown Castle Refocuses On Towers While Balancing Debt Cuts And Payouts

Crown Castle (NYSE:CCI) is re-strategizing its business by divesting its fiber and small cell operations to focus solely on its core tower assets. This move, accompanied by significant workforce reductions and debt cutting goals, aims to reshape the company's financial and operational profile. While aiming for debt reduction and a leaner model, Crown Castle also plans to maintain its dividend payouts and share buybacks, signaling a delicate balance of capital allocation priorities for its shareholders.

https://simplywall.st/stocks/us/real-estate/nyse-cci/crown-castle/news/crown-castle-refocuses-on-towers-while-balancing-debt-cuts-a

Reaves W H & Co. Inc. Sells 25,804 Shares of SBA Communications Corporation $SBAC

Reaves W H & Co. Inc. reduced its stake in SBA Communications Corporation (NASDAQ:SBAC) by 6.0%, selling 25,804 shares and now holding 406,844 shares valued at $78.66 million. The institutional investor's holding represents 1.4% of its portfolio and approximately 0.38% of SBA Communications. Analysts rate SBA Communications as a "Moderate Buy" with a consensus price target of $235.18, despite recent target reductions from several firms.

https://www.marketbeat.com/instant-alerts/filing-reaves-w-h-co-inc-sells-25804-shares-of-sba-communications-corporation-sbac-2026-02-10/

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SBA Communications Corporation Price History

07.00.2026 - SBAC Stock was down 3.0%

• The bearish movement in SBAC stock today could be attributed to an analyst downgrade by a competitor in the wireless communications infrastructure sector, which led to concerns about industry competitiveness and growth prospects.
• Despite positive news of a new investment and exceeding Q3 earnings expectations, the sector sentiment was impacted by a price target adjustment for a competitor, resulting in a broader sell-off in related stocks like SBAC.
• Additionally, while LTC Properties announced a maintained monthly dividend and strategic financial moves, concerns about potential overvaluation and high debt reliance in the sector may have contributed to the negative market sentiment, influencing the bearish movement in SBAC stock today.

12.01.2026 - SBAC Stock was up 5.4%

• Wealthfront Advisers LLC reduced its stake in SBAC, but other major institutional investors like Norges Bank and Mitsubishi UFJ Trust & Banking Corp increased their holdings, leading to overall institutional ownership of 97.35%.
• ProShare Advisors LLC acquired more shares of SBAC, indicating confidence in the company's future growth prospects.
• Despite some analysts trimming price targets, the consensus rating for SBAC remains a "Moderate Buy" with an average target price of $235.18, suggesting optimism in the stock's potential.
• The market movement of SBAC towards a bullish trend could be attributed to the increased confidence from institutional investors and the overall positive outlook on the company's growth trajectory, despite some analysts adjusting price targets.

23.07.2024 - SBAC Stock was up 3.1%

• SBAC's participation in high-profile conferences like the Citi 2024 Global TMT Conference and the Bank of America 2024 Media, Communications and Entertainment Conference has likely boosted investor confidence in the company's future prospects.
• The anticipation of Marc Montagner, Chief Financial Officer, speaking at these conferences may have sparked optimism among investors regarding SBAC's strategic direction and growth plans.
• The company's solid demand for its infrastructure assets, driven by the increasing use of data-driven mobile devices and applications, is contributing to SBAC's positive momentum in the market.
• Overall, SBAC's recent performance and participation in key industry events are signaling a promising outlook for the company, leading to the bullish movement in its stock price.

14.00.2026 - SBAC Stock was up 5.9%

• An investment management firm significantly increased its stake in SBAC by acquiring 465,558 shares, indicating strong confidence in the company's future prospects.
• The positive quarterly earnings report that exceeded analyst expectations likely contributed to the bullish movement in SBAC's stock price.
• The news of DISH Wireless defaulting on tower payments to a competitor may have indirectly benefited SBAC as investors may see SBAC as a more reliable investment option in the wireless infrastructure sector.
• A financial institution maintaining a "Hold" rating on SBAC but adjusting the target price downwards could have initially caused some uncertainty, but the overall market sentiment seems to have been driven by positive developments and macroeconomic factors.

03.03.2025 - SBAC Stock was up 5.4%

• SBAC likely experienced a bullish movement due to positive market sentiment driven by strong earnings and sales guidance from Lamb Weston Holdings, Inc.
• The overall market was bearish with the Dow Jones index falling over 1,200 points, but SBAC managed to buck the trend.
• Investors might have been attracted to SBAC's resilience and the positive outlook for the wireless communications industry amidst the broader market downturn.
• This bullish movement for SBAC could be a sign of investor confidence in the company's long-term growth prospects despite the current market volatility.

25.01.2025 - SBAC Stock was up 5.3%

• Today, SBAC stock demonstrated a significant bullish trend.
• The company outperformed Q4 FFO and revenue expectations, signaling robust financial results.
• Outlook from analysts on SBAC's future performance is upbeat, with considerations such as industry consolidation and high interest costs.
• The favorable earnings results and growth prospects in the wireless communications industry likely influenced the bullish behavior in SBAC's stock price today.

05.07.2025 - SBAC Stock was down 5.5%

• Despite surpassing revenue and FFO estimates in Q2, SBAC experienced a strong bearish movement today.
• The market may have reacted negatively due to concerns about future growth prospects or guidance provided by the company.
• Investors might be focusing on metrics beyond just revenue and FFO, possibly indicating that other aspects of the business are not performing as well as expected.
• It's possible that market sentiment towards the overall telecommunications sector or specific industry trends also contributed to SBAC's bearish movement.

10.03.2024 - SBAC Stock was down 5.3%

• A decrease in investor confidence in SBAC stock might be linked to a reduction in its stock target by an analyst firm.
• Investor attention may have been diverted to industry competitors following AT&T's announcement of a substantial investment to bridge the digital divide, impacting SBAC negatively.
• The projected market worth of $126.9 billion in the Wireless Broadband in Public Safety sector could have attracted investors towards potential growth opportunities in other companies, leading to a shift in investment away from SBAC.
• The anticipation surrounding the upcoming earnings release from SBA Communications Corporation may have prompted investors to sell off stock holdings amid uncertainty about the financial results.

05.02.2024 - SBAC Stock was up 5.4%

• SBA Communications initiated an automatic mixed securities shelf, signaling potential future growth opportunities and strategic financial planning.
• The company revealed strong Q4 earnings and a positive outlook, likely boosting investor confidence and influencing the bullish market movement.
• KeyBanc's maintenance of an Overweight stock rating on SBAC indicates ongoing positive sentiment and analyst support, further propelling the stock's upward trajectory.
• The collaboration between Socure and Trustly to enhance onboarding and payments processes may indirectly impact SBAC's stock performance but underscores continual innovation and industry collaboration in the fintech sector, which could have a positive ripple effect on companies like SBA Communications.

11.06.2024 - SBAC Stock was up 5.3%

• The announcement of a senior leadership transition at SBA Communications could have instilled confidence in investors, signaling potential positive changes within the company.
• The increase in short interest for SBAC may have led to a short squeeze, causing the stock price to rise as traders rushed to cover their positions.
• Despite a recent downgrade, market sentiment towards SBA Communications remained positive, as evidenced by the bullish movement in the stock price.
• The upcoming second quarter earnings release could have also contributed to the bullish momentum, with investors anticipating positive financial results from the company.

11.06.2024 - SBAC Stock was up 5.3%

• The stock of SBA Communications (SBAC) experienced a strong bullish movement today.
• Despite experiencing a rating downgrade from a "buy" to a "hold," the market sentiment towards SBAC remained positive.
• Investors appeared to focus on the company's strong market position and growth potential in the wireless communications industry.
• The downgrade could have been overshadowed by broader market trends or other positive developments, contributing to the stock's upward trajectory.

29.03.2025 - SBAC Stock was up 5.4%

• SBAC exceeded expectations in terms of Q1 FFO and revenue, demonstrating a robust financial performance for the quarter.
• Analysts' optimistic predictions for SBAC's Q1 results are believed to have played a role in the stock's upward movement.
• Despite potential obstacles such as industry consolidation and increased churn impacting Q1 earnings, SBAC's performance beyond expectations showcases resilience and market trust in the company's capabilities.