SBAC Stock Down -12% after 8-Day Loss Streak
SBA Communications (SBAC) stock hit day 8 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -12% return. The company has lost about $2.6 Bil in value over the last 8 days, with its current market capitalization at about $21 Bil. The stock remains 2.8% below its value at the end of 2024. This compares with year-to-date returns of 10.5% for the S&P 500.
SBAC is a leading owner and operator of wireless communications infrastructure in the Americas and South Africa, providing site leasing and site development services. Is this drop a warning sign or a setup for rebound? Deep dive with Buy or Sell SBAC.
Comparing SBAC Stock Returns With The S&P 500
The following table summarizes the return for SBAC stock vs. the S&P 500 index over different periods, including the current streak:
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| Return Period | SBAC | S&P 500 |
|---|---|---|
| 1D | -2.1% | 0.8% |
| 8D (Current Streak) | -12.4% | 0.5% |
| 1M (21D) | -10.5% | 3.2% |
| 3M (63D) | -15.0% | 8.9% |
| YTD 2025 | -2.8% | 10.5% |
| 2024 | -18.2% | 23.3% |
| 2023 | -8.2% | 24.2% |
| 2022 | -27.3% | -19.4% |
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 41 S&P constituents with 3 days or more of consecutive gains and 48 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 18 | 30 |
| 4D | 13 | 12 |
| 5D | 5 | 3 |
| 6D | 3 | 1 |
| 7D or more | 2 | 2 |
| Total >=3 D | 41 | 48 |
Key Financials for SBA Communications (SBAC)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $2.7 Bil | $2.7 Bil |
| Operating Income | $1.1 Bil | $1.6 Bil |
| Net Income | $501.8 Mil | $749.5 Mil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ1 | 2025 FQ2 |
|---|---|---|
| Revenues | $664.2 Mil | $699.0 Mil |
| Operating Income | $379.3 Mil | $385.9 Mil |
| Net Income | $220.7 Mil | $225.8 Mil |
The losing streak SBAC stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.