Skip to main content

SBA Communications (SBAC) Receives a Hold from Bank of America Securities

Tipranks - Thu Oct 9, 2025

Bank of America Securities analyst Michael Funk reiterated a Hold rating on SBA Communications today and set a price target of $220.00. The company’s shares closed yesterday at $188.53.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Funk covers the Technology sector, focusing on stocks such as AST SpaceMobile, Guidewire, and Paycom. According to TipRanks, Funk has an average return of -8.3% and a 35.00% success rate on recommended stocks.

SBA Communications has an analyst consensus of Moderate Buy, with a price target consensus of $242.43.

Based on SBA Communications’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $698.98 million and a net profit of $225.69 million. In comparison, last year the company earned a revenue of $660.48 million and had a net profit of $162.83 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.