Q2 Earnings Forecast for Ubiquiti Issued By Zacks Research

Ubiquiti Inc. (NYSE:UI - Free Report) - Equities research analysts at Zacks Research increased their Q2 2026 EPS estimates for shares of Ubiquiti in a report issued on Monday, June 9th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $2.39 per share for the quarter, up from their prior forecast of $2.26. The consensus estimate for Ubiquiti's current full-year earnings is $7.21 per share.

A number of other analysts also recently weighed in on the stock. Barclays upped their target price on shares of Ubiquiti from $222.00 to $247.00 and gave the stock an "underweight" rating in a research report on Monday, May 12th. BWS Financial restated a "buy" rating and set a $440.00 price objective on shares of Ubiquiti in a research note on Monday, May 12th.

Ubiquiti Stock Down 3.7%

Shares of NYSE:UI traded down $14.73 during midday trading on Wednesday, reaching $383.02. The company's stock had a trading volume of 96,758 shares, compared to its average volume of 82,992. The firm has a 50 day moving average of $363.88 and a 200-day moving average of $353.05. The firm has a market capitalization of $23.17 billion, a P/E ratio of 52.04 and a beta of 1.35. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.31. Ubiquiti has a 12-month low of $139.06 and a 12-month high of $469.98.

Institutional Investors Weigh In On Ubiquiti

Institutional investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its holdings in shares of Ubiquiti by 10.4% in the fourth quarter. National Bank of Canada FI now owns 350 shares of the company's stock valued at $116,000 after purchasing an additional 33 shares in the last quarter. US Bancorp DE grew its holdings in shares of Ubiquiti by 2.4% in the first quarter. US Bancorp DE now owns 1,564 shares of the company's stock valued at $485,000 after purchasing an additional 37 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Ubiquiti by 47.0% in the fourth quarter. Farther Finance Advisors LLC now owns 122 shares of the company's stock valued at $40,000 after purchasing an additional 39 shares in the last quarter. Sterling Capital Management LLC grew its holdings in shares of Ubiquiti by 30.2% in the fourth quarter. Sterling Capital Management LLC now owns 168 shares of the company's stock valued at $56,000 after purchasing an additional 39 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Ubiquiti by 6.0% in the first quarter. Parallel Advisors LLC now owns 727 shares of the company's stock valued at $225,000 after purchasing an additional 41 shares in the last quarter. 4.00% of the stock is owned by hedge funds and other institutional investors.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Monday, May 19th. Ubiquiti's payout ratio is 26.43%.

About Ubiquiti

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.