SBAC

SBAD

Nasdaq / Equity Real Estate Investment Trusts (REITs)

At close

2026-07-21

Current thesis

The bull case is that SBAC enters earnings with a still-live strategic-option narrative and a company-issued 2026 outlook that already points to stable cash generation, ongoing site additions, and AFFO per share of $11.84-$12.29 [#PR-2026-02-26]. If management reiterates or tightens that outlook and does not undercut the strategic narrative, the stock can keep a premium multiple.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite.

What can break

As of April 29, 2026, no primary Q1 2026 earnings release, 8-K exhibit, or transcript was confirmed in time for this review, so revenue/EPS surprise, guidance revision, and immediate post-print reaction remain unverified.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $222.00 · Bull $245.00 · Bear $190.00

Data freshness

Prices

As of 2026-07-21

Fundamentals

As of 2026-07-21 • Vendor: Data Vendor v1

Scores

As of 2026-07-21 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-21

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $230.45

Why

Momentum13 · Δ7d +3.9

Value62 · Δ7d -

Sentiment56 · Δ7d -0.9

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+3.9

Δ21d

+1.0

Value

39% active weight

Current posture

7d trendImproving

Δ7d

Δ21d

Sentiment

34% active weight

Current posture

7d trendFlat

Δ7d

-0.9

Δ21d

-6.2

Why this grade

Composite grade D. Momentum 13.5 / Value 62.1 / Sentiment 56.0

Fundamentals (TTM)

As of 2026-07-21

Market Cap

$18.75B

Beta

0.86

Shares Out

106.06M

P/E (TTM)

23.9

P/S (TTM)

7.26

P/FCF (TTM)

33.00

Rev YoY

+5.9%

EPS YoY

-14.7%

Gross Margin

+64.1%

Op Margin

+51.1%

Net Debt

$14.88B

Current Ratio

0.23

As of 2026-07-21 • Updated nightlySource: Internal modelMethodology