Uniti Group (NASDAQ:UNIT) Stock Price Target Cut by Wells Fargo & Company

Key Points

• Wells Fargo cut its Uniti Group price target from $9 to $4 and maintained an “equal weight” rating, implying 7.73% downside from the prior close.
• Analyst sentiment is broadly cautious: MarketBeat cited a consensus “Hold” rating and an average price target of $10.47, with seven analysts rating the stock Hold.
• Uniti’s latest reported quarter fell short of expectations, with a $1.03-per-share loss versus an expected $0.54 loss and revenue of $848.1 million versus a $855.8 million estimate.

Uniti Group (NASDAQ:UNIT - Get Free Report) had its price objective reduced by analysts at Wells Fargo & Company from $9.00 to $4.00 in a report released on Tuesday, Benzinga reports. The firm currently has an "equal weight" rating on the real estate investment trust's stock. Wells Fargo & Company's price target points to a potential downside of 7.73% from the stock's previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Uniti Group from $12.00 to $11.00 and set a "neutral" rating for the company in a research note on Friday, July 31st. Weiss Ratings cut shares of Uniti Group from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, October 14th. Raymond James Financial reissued a "strong-buy" rating and issued a $12.00 price target on shares of Uniti Group in a research report on Tuesday. Finally, TD Cowen cut their target price on Uniti Group from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $10.47.

Uniti Group Stock Performance

UNIT traded down $0.07 during trading on Tuesday, reaching $4.33. The company had a trading volume of 1,181,524 shares, compared to its average volume of 2,611,746. The firm's 50-day simple moving average is $7.53 and its 200 day simple moving average is $9.36. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 1.58 and a beta of 1.45. Uniti Group has a 12-month low of $4.03 and a 12-month high of $12.94.

Uniti Group (NASDAQ:UNIT - Get Free Report) last announced its quarterly earnings results on Monday, November 9th. The real estate investment trust reported ($1.03) EPS for the quarter, missing the consensus estimate of ($0.54) by ($0.49). Uniti Group had a net margin of 28.68% and a negative return on equity of 133.07%. The firm had revenue of $848.10 million during the quarter, compared to the consensus estimate of $855.83 million. On average, sell-side analysts expect that Uniti Group will post -2.01 EPS for the current year.

Institutional Trading of Uniti Group

Institutional investors have recently made changes to their positions in the business. Fortitude Family Office LLC increased its position in Uniti Group by 7,156.7% during the third quarter. Fortitude Family Office LLC now owns 4,354 shares of the real estate investment trust's stock worth $36,000 after buying an additional 4,294 shares during the last quarter. Parallel Advisors LLC grew its holdings in Uniti Group by 1,409.9% in the 3rd quarter. Parallel Advisors LLC now owns 4,741 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 4,427 shares in the last quarter. Sterling Capital Management LLC increased its position in Uniti Group by 237.5% during the third quarter. Sterling Capital Management LLC now owns 4,934 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 3,472 shares during the period. KBC Group NV acquired a new position in Uniti Group in the 1st quarter valued at $43,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Uniti Group by 1,579.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,802 shares of the real estate investment trust's stock valued at $74,000 after acquiring an additional 8,278 shares during the period. Institutional investors own 87.51% of the company's stock.

Uniti Group News Roundup

Here are the key news stories impacting Uniti Group this week:

• Positive Sentiment: Kinetic added fiber service to 86,400 homes across Texas, Georgia, Oklahoma, Kentucky and North Carolina in Q3, contributing to 162,000 new fiber locations across its 18-state footprint. The expansion may support Uniti’s broadband reach and growth opportunities. Texas fiber expansion
• Positive Sentiment: Uniti reported two consecutive quarters of record Waves bookings and raised its FY 2026 revenue guidance. Q3 2026 results
• Neutral Sentiment: The company’s FY 2026 revenue guidance is $3.7 billion, in line with the consensus estimate, limiting the surprise from the outlook update.
• Negative Sentiment: Q3 results missed expectations: Uniti reported a loss of $1.03 per share versus the expected loss of $0.54, while revenue of $848.1 million was below the $855.8 million consensus. The loss also compared with earnings of $0.16 per share a year earlier. Q3 earnings report

About Uniti Group

Uniti Group is a communications infrastructure company that owns, builds and operates fiber-optic networks and related broadband assets. Its network infrastructure supports broadband, wireless, enterprise and government communications, including fiber connectivity for businesses and other network operators.

Founded in 2015 as a spin-off from Windstream, Uniti initially focused on owning and leasing communications infrastructure, including fiber networks. In 2025, Uniti combined with Windstream, bringing together infrastructure operations with Windstream's Kinetic broadband and enterprise services.

The company serves customers across the United States through its fiber network and broadband operations.

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