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SBA Communications raises price target after strong Q1 and 5G growth, boosting dividend by 13%.

Company Fundamentals
05 May 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Barclays raised SBA Communications' price target to $245, reflecting a 12.43% potential upside after the company reported strong Q1 2026 results. Revenues rose 5.9% to $703.4 million, driven by a 32.6% increase in international site-leasing revenue, offsetting weaker domestic trends. SBA also increased its quarterly dividend by 13% to $1.25 per share and raised its full-year guidance, signaling confidence in its financial health amid 5G network expansion.

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