Boca Raton, Florida-based SBA Communications Corporation (SBAC) is a leading independent owner and operator of wireless communications infrastructure. The company has a market cap of $21.7 billion and has a portfolio of more than 46,000 communications sites throughout the Americas and in Africa.
SBAC stock has lagged behind the broader market over the past year, declining 18.6% compared to the S&P 500 Index’s ($SPX) 20.6% surge. Moreover, in 2026, the stock has fallen nearly 5.9%, underperforming the SPX’s 12.6% rise as well.