Shorter DISH Lease Durations Lead to "Cleanest" 2026 Outlook for SBA Communications (SBAC)

SBA Communications Corporation (NASDAQ:SBAC) is one of the most favored real estate investment trusts according to Hedge Funds.

On December 10, UBS analyst Batya Levi reaffirmed his Buy rating on SBA Communications Corporation (NASDAQ:SBAC) and raised his price target to $275. This estimate yields an impressive upside potential of almost 42%.

Levi maintained his stance on SBA Communications Corporation (NASDAQ:SBAC) following the company’s presentation at the UBS Media & Communications Conference. CFO Marc Montagner emphasized continued focus on topline expansion going into 2026, after an almost 5% growth during the previous year. Levi also acknowledged management’s balanced approach towards capital deployment, focusing heavily on share repurchases at current discounted valuations.

On December 16, Eric Luebchow from Wells Fargo maintained an Equal Weight rating on SBA Communications Corporation (NASDAQ:SBAC). He lowered his price target from $215 to $205, resulting in an upside potential of almost 6%. The analyst noted SBA’s DISH leases having shorter durations and leading to “cleanest” forecasts for 2026.

SBA Communications Corporation (NASDAQ:SBAC) is an independent REIT that owns and manages a diverse portfolio of wireless communication infrastructure assets. These include buildings, rooftops, small cells, towers, and antenna systems, within the Americas, Asia, and Africa. The revenue composition includes site design, development, and leasing for digital communication providers.

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Disclosure: None. This article is originally published at Insider Monkey.