There has been a mixed perception regarding the SBA Communications Corporation's performance. While the Public Employees Retirement System of Ohio and True North Advisors have reduced their position, institutions such as Fifth Third Bancorp and Swedbank AB have increased their stake. Mixed views also surface in price targets, with KeyCorp's new price at $235, UBS raising it to $285 while Keybanc lowers it to $23, indicating the market's divided view of the company’s prospects and valuation.
The company's transition to 5G is considered a major growth factor. As per the Q2 2025 Earnings Call Highlights, there has been strong revenue growth however, SBAC's shares have experienced a quiet drift. Whereas Wall Street Analysts provide a bullish outlook on SBAC which has been performing well compared to the general Real Estate Sector.
Negative news includes AT&T news that, mistakenly, worried investors and the BofA downgrade due to expected tower churn elevation. Their Q2 FFO and Revenues have surpassed estimates, but the stock hit a 52-week low at $192.55. The firm is also set to sell its Canadian network for $446-million.
Sba Communications Corp SBAC News Analytics from Sat, 02 Nov 2024 07:00:00 GMT to Sat, 27 Sep 2025 09:00:04 GMT - Rating 0 - Innovation 4 - Information 7 - Rumor -3
