uCloudlink Group (NASDAQ:UCL) Rating Increased to Sell at Wall Street Zen

Key Points

• uCloudlink Group has been upgraded to a "sell" rating by analysts at Wall Street Zen.
• The company reported earnings per share (EPS) of $0.02 for the last quarter, meeting consensus estimates but falling short on revenue expectations of $23 million.
• Institutional investors hold 85.54% of uCloudlink Group’s stock, indicating strong institutional interest in the company.

Wall Street Zen upgraded shares of uCloudlink Group (NASDAQ:UCL - Free Report) to a sell rating in a research report sent to investors on Friday morning.

uCloudlink Group Trading Down 8.1%

Shares of NASDAQ UCL traded down $0.28 during mid-day trading on Friday, reaching $3.16. The company had a trading volume of 162,787 shares, compared to its average volume of 208,250. The stock has a market cap of $119.45 million, a PE ratio of 63.20 and a beta of 4.26. The company has a 50-day moving average price of $2.64 and a two-hundred day moving average price of $1.76. uCloudlink Group has a 1-year low of $0.80 and a 1-year high of $4.19.

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

Hedge Funds Weigh In On uCloudlink Group

Hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC grew its holdings in shares of uCloudlink Group by 77.3% in the 4th quarter. Renaissance Technologies LLC now owns 54,805 shares of the company's stock worth $115,000 after acquiring an additional 23,900 shares during the last quarter. Two Sigma Securities LLC purchased a new position in shares of uCloudlink Group during the fourth quarter valued at $38,000. Finally, XTX Topco Ltd purchased a new position in shares of uCloudlink Group during the fourth quarter valued at $26,000. 85.54% of the stock is currently owned by institutional investors and hedge funds.

About uCloudlink Group

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.