Many investment advisory firms have been adjusting their stakes in SBA Communications Co. (NASDAQ:SBAC). Increased holdings have been reported by Gateway Investment Advisers LLC, LVW Advisors LLC, Czech National Bank, among others. Positively, SBA Communications continues to show robust performance with strong Q1 2025 results, surpassing both AFFO and revenue estimates. The corporation also raised its 2025 outlook and declared a quarterly cash dividend. In terms of future growth, the company appears to be playing a front role in transitioning to 5G. SBA has also affirmed a buy rating and showcases promising leasing direction and growth potential, although the stock was cut to 'Hold' by Deutsche due to higher borrowing costs. However, SBA's stock has surged, rising 12% year to date. Despite some firms trimming down their stakes, the overall consensus among brokerages seems to be a 'Moderate Buy'.
Sba Communications Corp SBAC News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Sat, 07 Jun 2025 11:58:00 GMT - Rating 5 - Innovation 5 - Information 7 - Rumor -3
