Raymond James lifts target to USD 271 for SBA Communications stock

Published on 10/15/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SBA Communications posted USD 715.27 million revenue in Q2, up 2.30 percent year over year. SBA Communications stock costs EUR 162.50 on October 15, 2026.

Targets, results and valuation

Raymond James raised its SBA Communications target to USD 271.00 from USD 264.00 on October 5, 2026.
Second-quarter revenue reached USD 715.27 million, 2.30 percent above the year-earlier period.
SBA Communications stock costs EUR 162.50 at Lang & Schwarz on October 15, 2026 at 8:38 p.m. CEST.
The company had a market capitalization of USD 19.4 billion on October 15, 2026.

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SBA Communications (ISIN US78410G1040) has a USD 271.00 price target from Raymond James, up from USD 264.00, according to Markets Insider on October 5, 2026. Against the Nasdaq price of USD 182.77 on October 15, 2026 at 2:45 p.m. ET, the target stands 48.27 percent higher. SBA Communications stock was trading at EUR 162.50 at Lang & Schwarz on October 15, 2026 at 8:38 p.m. CEST.

Revenue reached USD 715.27 million

The latest reported quarter gave investors a measurable operating base. SBA Communications generated USD 715.27 million in second-quarter 2026 revenue, compared with USD 706.01 million expected by analysts, while adjusted earnings per share reached USD 1.87 against a USD 1.85 estimate, MarketBeat reported on October 14, 2026. Revenue was 2.30 percent higher than in the year-earlier quarter.

Range spans USD 156.60 to USD 224.46

The Nasdaq-listed REIT's 52-week range runs from USD 156.60 to USD 224.46. The current Nasdaq quote of USD 182.77 places the stock 18.58 percent below its 52-week high and 16.70 percent above its low. Trading volume stood at 355,271 shares against an average of 987,779 shares on October 15, 2026.

Valuation and November 2 results date

SBA Communications had a market capitalization of USD 19.4 billion and a price-to-earnings ratio of 19.60 on October 15, 2026. Its quarterly dividend was USD 1.25, equivalent to a 3.00 percent yield. Business Wire reported on October 14, 2026 that the company will release third-quarter results after market close on November 2, 2026.

Comparison with peers

SBA Communications (NASDAQ, USD): P/E 19.60, market capitalization USD 19.4 billion
American Tower (NYSE, USD): P/E 24.98, market capitalization USD 84.7 billion
Crown Castle (NYSE, USD): P/E 32.67, market capitalization USD 35.2 billion

Price remains below the yearly high

The valuation gap to the Raymond James target is wider than SBA Communications' position within its yearly range. The upcoming November 2 results date gives the market a defined point for testing revenue growth, earnings and cash generation.

The further course of trading is shown by the continuously updated real-time quote of SBA Communications stock.