Rosenblatt Securities Reiterates Neutral Rating for Universal Electronics (NASDAQ:UEIC)

Key Points

• Rosenblatt Securities maintained a Neutral rating on Universal Electronics, with a $5.00 price target implying approximately 4.17% upside from the $4.80 share price.
• Analyst sentiment remains weak: Universal Electronics has a consensus rating of “Reduce” and an average price target of $4.25, based on two Hold ratings and one Sell rating.
• The company beat quarterly EPS estimates, reporting $0.34 versus a $0.03 consensus, but revenue fell short at $73.24 million versus $78.13 million expected; management provided fiscal 2026 EPS guidance of $0.45–$0.65.

Universal Electronics (NASDAQ:UEIC - Get Free Report)'s stock had its "neutral" rating restated by stock analysts at Rosenblatt Securities in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $5.00 price objective on the technology company's stock. Rosenblatt Securities' price target indicates a potential upside of 4.17% from the company's current price.

A number of other brokerages have also issued reports on UEIC. Weiss Ratings raised Universal Electronics from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, June 23rd. Wall Street Zen downgraded shares of Universal Electronics from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $4.25.

Universal Electronics Price Performance

Shares of NASDAQ UEIC opened at $4.80 on Friday. The company has a 50-day simple moving average of $4.40 and a 200-day simple moving average of $4.20. The company has a market cap of $60.62 million, a PE ratio of -3.20 and a beta of 1.19. Universal Electronics has a 12 month low of $2.69 and a 12 month high of $6.69.

Universal Electronics (NASDAQ:UEIC - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.31. The company had revenue of $73.24 million during the quarter, compared to the consensus estimate of $78.13 million. Universal Electronics had a positive return on equity of 0.41% and a negative net margin of 5.54%.Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.

Hedge Funds Weigh In On Universal Electronics

A number of large investors have recently modified their holdings of the company. Man Group plc lifted its stake in shares of Universal Electronics by 2.9% in the fourth quarter. Man Group plc now owns 102,924 shares of the technology company's stock worth $372,000 after acquiring an additional 2,905 shares in the last quarter. Renaissance Technologies LLC grew its stake in Universal Electronics by 1.4% during the 1st quarter. Renaissance Technologies LLC now owns 215,723 shares of the technology company's stock valued at $889,000 after purchasing an additional 3,071 shares in the last quarter. Empowered Funds LLC grew its stake in Universal Electronics by 4.7% during the 1st quarter. Empowered Funds LLC now owns 69,266 shares of the technology company's stock valued at $285,000 after purchasing an additional 3,088 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in Universal Electronics by 3.3% during the 2nd quarter. Bridgeway Capital Management LLC now owns 131,164 shares of the technology company's stock worth $868,000 after purchasing an additional 4,143 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Universal Electronics by 15.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,341 shares of the technology company's stock worth $222,000 after purchasing an additional 4,893 shares during the last quarter. 79.35% of the stock is currently owned by hedge funds and other institutional investors.

Universal Electronics Company Profile

Universal Electronics Inc NASDAQ: UEIC is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.

In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.

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