Home | Market Signals | Green Stocks with Most Upside to Analyst Target Price | New Green AI Signals | Breaking Out | Big Tech Stocks | Solar Stocks | Chip Stocks | Airline Stocks | Social Media Stocks | Oil Stocks| Discount Store Stocks | Entertainment Stocks | EV Stocks | Restaurant Stocks | Heavy Equipment Stocks | Aerospace Stocks | Home Builders | Bank Stock Signals | Cruise Ship Stock Signals

How to Read and Trade AI Powered Stock Charts
Enter Stock Symbol to View AI powered Stock Chart


All Chart Prices as of Previous Day Close

Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.

Last Price: 251.12 - Change: -0.37 - Change %: -0.1471
12/07/2023 16:00:00 EST

SBA Communications Corp (SBAC)

Industry: REIT - Specialty

Price Support Resistance

In the past 30 trading days, SBAC has been trading in a range between $242.17 and $188.75 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

SBAC is trading below resistance at $261.04, about 4% to the upside. There is support at $233.71 -7% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

SBA Communications Corp (SBAC) entered a Green zone 30 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 4.118, which is a Strong Buy. The current analyst target price is $248.93, which gives it a potential down side of -0.87 % from the recent price of 251.12. The stock is trading 22.56% (potential upside) below its 52 week high of $307.77 and 36.06 % (potential downside) above its 52 week low of $184.56 - based on the recent price.

Company Summary

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells With a portfolio of more than 39,000 communications sites in 16 markets throughout the Americas, Africa and the Philippines, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.

SBAC Website


Why My Top Pick In The Low-Yield REIT Sector Is SBA Communications
SBA Communications is a cell tower REIT with a market cap of $26 billion. The company has both domestic and international towers, with domestic towers representing a larger portion of the total value. SBAC has demonstrated strong organic growth in tower leasing and has delivered excellent growth in FFO and AFFO per share.
Source: Seeking Alpha
Thu, 07 Dec 2023 00:32:41 -0500
Sentiment: Positive
SBA Communications (SBAC) Soars 16.7% QTD: Will the Trend Last?
SBA Communications (SBAC) to gain from robust demand for wireless communication assets amid rising mobile data use, expansion efforts and a healthy balance sheet in the near term.
Source: Zacks Investment Research
Wed, 22 Nov 2023 13:32:03 -0500
Sentiment: Positive
Is it Wise to Retain SBA Communications (SBAC) Stock for Now?
SBA Communications (SBAC) is likely to benefit from the rising global demand for wireless connectivity and its asset buyouts. Yet, notable customer concentration and high interest rates are key woes.
Source: Zacks Investment Research
Tue, 07 Nov 2023 09:46:46 -0500
Sentiment: Positive
SBA Communications' (SBAC) Q3 AFFO Beat, '23 View Raised
SBA Communications' (SBAC) Q3 results reflect year-over-year site-leasing revenue growth on healthy leasing activity amid elevated tower space demand. The company has also raised its 2023 outlook.
Source: Zacks Investment Research
Fri, 03 Nov 2023 14:17:20 -0400
Sentiment: Positive
SBA Communications Corporation (SBAC) Q3 2023 Earnings Call Transcript
SBA Communications Corporation (SBAC) Q3 2023 Earnings Call Transcript
Source: Seeking Alpha
Thu, 02 Nov 2023 22:45:18 -0400
Sentiment: Neutral
Instituions Institution %: 96.798
Last QTR Institution change: 1774783

Insiders %: 1.23
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 92314
Insiders Net last QTR: -92314

Analyst Ratings
Target Price: 248.93
Overall Rating: 4.1177
Strong Buys (5): 7
Buys (4): 5
Holds (3): 5
Sells (2): 0
Strong Sells (1): 0

52 Week Hi: 307.7693
52 Week Low: 184.5562
Beta: 0.61
50 Day MA: 215.1106
200 Day MA: 230.6359

Earnings / Revenue Trends
Qtr Earnings Growth YOY: -0.121
Qtr Revenue Growth YOY: 0.01
Forward PE: 37.7358
Trailing PE: 55.2725

Benefits of StockChartsAI.com System:

  • Get a Daily List of Stocks Starting New Trends
  • Upload Your Stocks to Quickly See and Track Signals
  • Easy to Understand AI Stock Signals
  • Analysis of Historical Signal Trend Analysis for each stock
  • Search/View AI Stock Signals of Russel 1000 Stocks
  • Easy to Understand AI Stock Signals
  • And MUCH MUCH more!


Stock Analyzed Each Night


Easily Upload Track Your Stocks


See Lists of Stocks Starting New Trends

The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.