uCloudlink Group (NASDAQ:UCL) Upgraded at Wall Street Zen

Key Points

• uCloudlink Group has been upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, signaling a more positive outlook for investors.
• The company reported earnings per share of $0.02 in its last quarterly earnings, meeting analysts' expectations, although its revenue of $19.38 million fell short of forecasts.
• uCloudlink Group has a market cap of $92.23 million, and its stock currently trades at $2.44, down 5.1% recently.

uCloudlink Group (NASDAQ:UCL - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Saturday.

uCloudlink Group Trading Down 5.1%

Shares of NASDAQ UCL opened at $2.44 on Friday. uCloudlink Group has a twelve month low of $0.80 and a twelve month high of $4.19. The stock has a 50 day moving average of $2.86 and a two-hundred day moving average of $1.89. The stock has a market cap of $92.23 million, a P/E ratio of 48.80 and a beta of 4.39.

uCloudlink Group (NASDAQ:UCL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. uCloudlink Group had a return on equity of 8.89% and a net margin of 2.19%.The company had revenue of $19.38 million during the quarter, compared to analysts' expectations of $23.00 million. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that uCloudlink Group will post 0.1 earnings per share for the current year.

uCloudlink Group Company Profile

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.

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