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Upturn AI SWOT - About
SBAC 
SBA Communications Corp (SBAC)
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Upturn Advisory Summary
09/15/2025: SBAC (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
18 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $254.47
1 Year Target Price $254.47
| 6 | Strong Buy |
| 4 | Buy |
| 8 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 14.46% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 21.47B USD | Price to earnings Ratio 24.51 | 1Y Target Price 254.47 |
Price to earnings Ratio 24.51 | 1Y Target Price 254.47 | ||
Volume (30-day avg) 18 | Beta 0.79 | 52 Weeks Range 186.81 - 247.78 | Updated Date 09/15/2025 |
52 Weeks Range 186.81 - 247.78 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 2.09% | Basic EPS (TTM) 8.08 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 32.25% | Operating Margin (TTM) 54.18% |
Management Effectiveness
Return on Assets (TTM) 9.3% | Return on Equity (TTM) - |
Valuation
Trailing PE 24.51 | Forward PE 20.37 | Enterprise Value 36001480229 | Price to Sales(TTM) 7.88 |
Enterprise Value 36001480229 | Price to Sales(TTM) 7.88 | ||
Enterprise Value to Revenue 13.21 | Enterprise Value to EBITDA 21.31 | Shares Outstanding 107379000 | Shares Floating 106548973 |
Shares Outstanding 107379000 | Shares Floating 106548973 | ||
Percent Insiders 0.71 | Percent Institutions 102.16 |
Upturn AI SWOT
SBA Communications Corp
Company Overview
History and Background
SBA Communications Corp. was founded in 1989. Initially focused on radio tower brokerage, it evolved into owning and leasing wireless communications infrastructure. It grew significantly through acquisitions and organic expansion.
Core Business Areas
- Tower Leasing: Leasing antenna space on SBA's towers to wireless service providers. This is the primary revenue driver.
- Tower Development: Building new communication towers and related infrastructure. SBA builds-to-suit and acquires sites for leasing.
- Services: Provides services related to tower maintenance, site acquisition, zoning and permitting, and structural analysis.
Leadership and Structure
Jeffrey Stoops is the CEO and President. The company operates with a typical corporate structure, with regional and functional departments reporting to executive leadership.
Top Products and Market Share
Key Offerings
- Competitors: American Tower,Crown Castle,Vertical Bridge
- Tower Space: Providing space on towers for wireless carriers' antennas and equipment. Key competitors are American Tower and Crown Castle. It's difficult to provide precise figures for tower market share as it is fragmented, and arrangements are complex. Revenue is derived directly from lease agreements with wireless carriers.
- Competitors: American Tower,Crown Castle,Ericsson
- Site Development Services: Assisting carriers in finding, developing, and maintaining tower sites. Competitors are engineering firms and other tower companies with service divisions. It's hard to track the number of users, revenue or market share from this particular product.
Market Dynamics
Industry Overview
The wireless infrastructure industry is driven by the demand for mobile data. The rollout of 5G, expansion of 4G coverage, and increasing data consumption are key factors.
Positioning
SBA is a leading independent owner and operator of wireless infrastructure. Its competitive advantages include a large portfolio of towers and a focus on high-growth markets.
Total Addressable Market (TAM)
The global cell tower market is projected to reach hundreds of billions of dollars. SBA is positioned to capture a significant share of this market by focusing on expanding its tower portfolio and leasing capacity to major telecom operators. Estimates for the global cell tower market vary depending on the source, but several estimates place the total addressable market at over $100 Billion by 2028.
Upturn SWOT Analysis
Strengths
- Large and diverse tower portfolio
- Strong relationships with major wireless carriers
- Experienced management team
- Recurring revenue from long-term leases
Weaknesses
- High debt levels
- Reliance on a limited number of major tenants
- Susceptibility to changes in technology and industry consolidation
Opportunities
- 5G deployment driving demand for tower space
- Expansion into new geographic markets
- Acquisition of smaller tower companies
- Increased demand for small cells and fiber optic infrastructure
Threats
- Competition from other tower companies
- Potential for technological obsolescence
- Regulatory changes affecting tower construction and leasing
- Economic downturn affecting wireless carrier spending
Competitors and Market Share
Key Competitors
- AMT
- CCI
- SBAC
Competitive Landscape
SBA has a competitive advantage due to its portfolio size and experience. AMT and CCI are larger, but SBA can compete effectively in specific markets and through its service offerings.
Major Acquisitions
Apex Site Management
- Year: 2017
- Acquisition Price (USD millions): 207.5
- Strategic Rationale: Expand SBA's footprint in the US market and add management expertise.
Telesites
- Year: 2016
- Acquisition Price (USD millions): 725
- Strategic Rationale: Grew in Latin America, added more tower sites.
Growth Trajectory and Initiatives
Historical Growth: Historically, SBA has grown through tower acquisitions and organic lease growth.
Future Projections: Analyst estimates vary, but project continued growth in revenue and profitability driven by 5G and increased data demand.
Recent Initiatives: Recent initiatives include strategic tower acquisitions, expansion of services offerings, and investment in technology to improve operational efficiency.
Summary
SBA Communications is a leading tower operator benefitting from 5G tailwinds. While the company faces competition from larger players and carries a high debt load, its recurring revenue model and strong industry position provide a solid foundation. Future growth depends on successful tower acquisitions and continued lease growth. The main risks involve technology change and economic downturns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company-specific circumstances can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SBA Communications Corp
Exchange NASDAQ | Headquaters Boca Raton, FL, United States | ||
IPO Launch date 1999-06-16 | CEO, President & Director Mr. Brendan Thomas Cavanagh CPA | ||
Sector Real Estate | Industry REIT - Specialty | Full time employees 1720 | Website https://www.sbasite.com |
Full time employees 1720 | Website https://www.sbasite.com | ||
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 44,000 communications sites throughout the Americas and in Africa, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and one of the top Real Estate Investment Trusts (REITs) by market capitalization.
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