Zacks Research Has Pessimistic View of Ubiquiti Q1 Earnings

Ubiquiti Inc. (NYSE:UI - Free Report) - Analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for Ubiquiti in a report released on Wednesday, April 23rd. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $2.18 for the quarter, down from their prior estimate of $2.19. The consensus estimate for Ubiquiti's current full-year earnings is $7.21 per share. Zacks Research also issued estimates for Ubiquiti's Q2 2026 earnings at $2.25 EPS, Q3 2026 earnings at $2.23 EPS, FY2026 earnings at $9.02 EPS, Q2 2027 earnings at $2.37 EPS and Q3 2027 earnings at $2.51 EPS.

Ubiquiti (NYSE:UI - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.12. Ubiquiti had a return on equity of 296.82% and a net margin of 20.68%. During the same period in the previous year, the company earned $1.36 earnings per share.

Other research analysts have also issued research reports about the stock. Barclays dropped their price objective on shares of Ubiquiti from $236.00 to $222.00 and set an "underweight" rating for the company in a report on Monday, February 10th. BWS Financial reissued a "buy" rating and set a $440.00 target price on shares of Ubiquiti in a research note on Friday, April 4th.

Ubiquiti Price Performance

Shares of UI stock traded up $3.52 on Monday, hitting $338.35. 5,167 shares of the company's stock were exchanged, compared to its average volume of 80,059. The stock has a market cap of $20.47 billion, a P/E ratio of 45.71 and a beta of 1.31. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.22 and a quick ratio of 0.98. Ubiquiti has a 12 month low of $109.00 and a 12 month high of $469.98. The company has a 50 day moving average of $311.89 and a 200 day moving average of $330.55.

Ubiquiti Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 24th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 0.71%. Ubiquiti's payout ratio is currently 32.61%.

Insider Buying and Selling

In other Ubiquiti news, CAO Kevin Radigan sold 1,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $347.99, for a total transaction of $347,990.00. Following the sale, the chief accounting officer now directly owns 2,484 shares of the company's stock, valued at $864,407.16. This represents a 28.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 93.10% of the stock is currently owned by insiders.

Institutional Trading of Ubiquiti

Several hedge funds and other institutional investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership grew its stake in Ubiquiti by 926.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,305 shares of the company's stock valued at $37,609,000 after buying an additional 102,268 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Ubiquiti by 100.1% in the fourth quarter. AQR Capital Management LLC now owns 99,199 shares of the company's stock valued at $32,927,000 after purchasing an additional 49,616 shares in the last quarter. Norges Bank bought a new stake in shares of Ubiquiti during the 4th quarter valued at $16,166,000. Proficio Capital Partners LLC purchased a new stake in Ubiquiti during the 4th quarter worth about $15,425,000. Finally, GAMMA Investing LLC lifted its holdings in Ubiquiti by 37,116.4% during the 1st quarter. GAMMA Investing LLC now owns 40,938 shares of the company's stock worth $12,697,000 after purchasing an additional 40,828 shares in the last quarter. Institutional investors own 4.00% of the company's stock.

Ubiquiti Company Profile

Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products.