Goldman Sachs REIT Stocks: Top 12 Stock Picks

8. SBA Communications Corporation (NASDAQ:SBAC)

Goldman Sachs Stake as of Q1 2025: $168,403,081

Number of Hedge Funds Holding: 40

SBA Communications Corporation (NASDAQ:SBAC) is one of Goldman Sachs’ top REIT stock picks. On July 8, 2025, UBS analyst Batya Levi reiterated a “Buy” rating on SBA Communications (NASDAQ:SBAC), signaling continued confidence in the company’s performance and growth outlook. The rating reflects a steady belief in SBAC’s market position and long-term potential.

Alongside the reaffirmed stance, UBS raised its price target from $280 to $285—a modest 1.79% bump that reinforces bullish sentiment around SBAC’s trajectory. The move offers an encouraging signal for investors, pointing to possible value appreciation in the months ahead.

SBA Communications Corporation (NASDAQ:SBAC) is a leading infrastructure REIT that owns and operates over 39,000 wireless communication sites across the Americas and Africa. Its portfolio includes towers, rooftops, and distributed antenna systems that support mobile network expansion for top-tier carriers like T-Mobile and Millicom.