SBA Communications Corporation (SBAC) earnings on August 3, 2026
More SBA Communications Corporation earnings
Prior outlook: No statistical edge
SBAC shares saw a positive market reaction, reaching an intraday high of +4.50% and settling at +3.81%, despite analyst price target reductions. The company also raised its FY2026 sales guidance.
SBAC price around the earnings
187.90
Change: +4.3%
2026-08-04, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
- Results released
Analysts cite significant upside potential despite low historical beat rate; recent trend strength is neutral.
Context analyzed before publication
- Trend
- Volatile trajectory with recent positive swing, but current trend strength is neutral into earnings.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.14
- Analysts covering the stock
- 20
- Average price target
- 229.85
- Lowest price target
- 166
- Highest price target
- 280
- Upside to price target
- 27.5%
- Quarterly earnings growth
- -16.3%
- Revenue growth
- 5.9%
- Forward EPS
- 8.09
- Trailing EPS
- 9.5
- Analyst moves in the last 60 days
- 2
- Strong buy: 4
- Buy: 7
- Hold: 10
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 7
- Hold
- 10
- Sell
- 0
- Strong sell
- 0
- July 17, 2026 · Wells Fargo: Upgrades rating (Equal-Weight → Overweight)
- July 10, 2026 · RBC Capital: Maintains rating (Outperform → Outperform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (3)
- Abbott To Rally More Than 35%? Here Are 10 Top Analyst Forecasts For Friday (opens in a new tab) — Benzinga
- Wells Fargo Upgrades SBA Communications to Overweight, Lowers Price Target to $210 (opens in a new tab) — Benzinga
- RBC Capital Maintains Outperform on SBA Communications, Lowers Price Target to $210 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 180.85
- Average true range (ATR)
- 3.3%
- Distance to 52-week high
- -19.9%
- 14-day change (14d)
- -2.6%
- 30-day change (30d)
- -0.0%
- 30-day relative strength
- -0.2%
- SPY change (30d)
- +0.1%
- Nearest support
- 180.43
- Distance to nearest support
- 0.2%
- Nearest resistance
- 181.72
- Distance to nearest resistance
- 0.5%
- Volume accumulation ratio (14d / 46d)
- 1.19
- Mid: 180.43 (0.2% away, 0.07 ATR, 21 touches)
- Mid: 178.58 (1.3% away, 0.37 ATR, 16 touches)
- Minor: 177.56 (1.8% away, 0.54 ATR, 7 touches)
- Mid: 181.72 (0.5% away, 0.14 ATR, 12 touches)
- Mid: 184.15 (1.8% away, 0.54 ATR, 16 touches)
- Mid: 185.28 (2.5% away, 0.73 ATR, 19 touches)
Trends
Evidence
- Average earnings surprise
- -5.1%
- April 29, 2026: actual EPS 1.74 vs estimate 1.74 (surprise -0.3%)
- February 26, 2026: actual EPS 3.47 vs estimate 4.05 (surprise -14.3%)
- November 3, 2025: actual EPS 2.2 vs estimate 2.16 (surprise +1.8%)
- August 4, 2025: actual EPS 2.09 vs estimate 2.26 (surprise -7.5%)
Expected move
- Implied move
- +1.9%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 3.6%
- 75th percentile move
- 4.8%
- 90th percentile move
- 5.7%
- Up / down moves
- 12 / 8
- Average up move
- +3.3%
- Average down move
- -4.1%
Monitoring and close
What SBA Communications Corporation reported
- Status
- Finished
| Actual EPS | 1.87 |
|---|---|
| EPS estimate | 1.88 |
| EPS surprise | -0.5% |
| Revenue | $715 million |
| Revenue estimate | $706 million |
| Revenue surprise | +1.3% |
SBA Communications reported earnings per share of $1.87, slightly missing estimates, but revenue beat forecasts. The company raised its 2026 sales guidance, reflecting optimism.
Sources (2)
- SBA Communications Raises FY2026 Sales Guidance from $2.839B-$2.884B to $2.841B-$2.886B vs $2.861B Est (opens in a new tab) — Benzinga
- SBA Communications reported EPS of $1.87, missing the $1.88 estimate, but revenue of $715.274M beat the $705.952M forecast. — Benzinga
Pre-market second reading after the results
- Verdict
- Missed expectations
Heading into the open, results beat expectations on revenue but not on earnings, and the price is indicating +0.0% pre-market, a move below the stock's usual reaction (about 4%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.
How the stock reacted
- Consolidated
- +3.8%
- Max move
- +4.5%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.