SBAC — SBA Communications Corp

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates SBAC Bearish with a Setup Score of 54, net conviction 47, actionability 62. How the Setup Score works →

Total Setup Score54
Directional BiasBearish
Net Conviction47
Actionability62 (in range)

Key signals behind this score

About SBA Communications Corp

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including tower structures, rooftops and other structures that support antennas used for wireless communications. In our site leasing business, we lease space to wireless service providers and other customers on assets we own or operate, and manage rooftop and tower sites for property owners under various contractual arrangements.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$182.49
Market Cap$18.04B
Float105.3M
Shares Outstanding106.1M
P/E (Forward)19.38
P/E (TTM)18.34
Price/Sales (TTM)6.28
vs. Analyst Target+24.0% to analyst PT
Profit Margin34.51%
Operating Margin (TTM)52.17%
Revenue (TTM)$2.87B
Earnings Growth (YoY)-10.50%
Dividend Rate5.0%
Analyst Target Price$226.20 (21 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.08B $24.1M $1.59B $1.39B
2021 $2.31B $238M $1.74B $1.51B
2022 $2.63B $461M $1.94B $1.68B
2023 $2.71B $502M $2.08B $1.79B
2024 $2.68B $750M $2.07B $1.79B
2025 $2.82B $1.05B $1.17B $2.19B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $732M $237M
Dec 2025 $720M $370M
Mar 2026 $703M $185M
Jun 2026 $715M $199M

Ownership & Float

Insider Ownership0.8%
Institutional Ownership101.5%
Short Float3.6%
% of All Funds Holding7.66%
Number of Funds Holding674

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$180.34Near-term / short-term trend
Weekly40-Week SMA$191.79Medium-term trend
Weekly80-Week SMA$202.23Cyclical trend (business cycle)
Weekly200-Week SMA$217.66Secular trend (multi-year)
Monthly10-Month SMA$187.15Near-term monthly trend
Monthly20-Month SMA$200.18Medium-term monthly trend
Monthly40-Month SMA$208.68Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$234.00 resistance 1.11x 13 months ago

Historical Earnings Reactions (109 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.64% 0.00% 49.54% 40.00% -20.47%
1 Day 0.86% 0.96% 59.63% 22.00% -17.65%
1 Week 0.99% 0.21% 54.13% 119.28% -27.75%
2 Weeks 1.28% 0.34% 51.38% 101.35% -30.87%
1 Month 1.09% 0.67% 55.56% 53.53% -50.00%

Next earnings: November 2, 2026 (22 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.0%55.6%27
Feb-0.9%59.3%27
Mar5.5%74.1%27
Apr7.2%59.3%27
May1.1%40.7%27
Jun3.8%59.3%27
Jul4.5%67.9%28
Aug-2.1%42.9%28
Sep-2.3%42.9%28
Oct-0.7%59.3%27
Nov7.2%59.3%27
Dec1.6%51.9%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.09% 49.3% 1289
Tuesday 0.11% 50.2% 1409
Wednesday 0.06% 49.8% 1409
Thursday 0.26% 54.3% 1383
Friday 0.17% 52.9% 1377

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 101.5%

Insider Transactions — Smart Summary

Total insider ownership: 0.8%

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change-300
% of Float-0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Krouse George R Jr -$54,802.35 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-19 Krouse George R Jr -$54,802.35 Transaction at $182.67, now -0.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for SBA Communications Corp (SBAC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SBAC on Trend Edge →