Zacks Research Weighs in on Ubiquiti's Q2 Earnings (NYSE:UI)

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

UI has been the topic of a number of other reports. Barclays lifted their target price on Ubiquiti from $222.00 to $247.00 and gave the stock an "underweight" rating in a research note on Monday, May 12th. BWS Financial restated a "buy" rating and set a $440.00 price target on shares of Ubiquiti in a research note on Monday, May 12th.

Ubiquiti Stock Performance

UI stock traded down $3.53 during midday trading on Wednesday, hitting $397.43. The company's stock had a trading volume of 69,738 shares, compared to its average volume of 82,611. Ubiquiti has a 1 year low of $139.06 and a 1 year high of $469.98. The stock has a market cap of $24.04 billion, a price-to-earnings ratio of 54.00 and a beta of 1.35. The stock's 50-day moving average price is $361.87 and its 200 day moving average price is $352.86. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.31.

Hedge Funds Weigh In On Ubiquiti

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in shares of Ubiquiti in the first quarter worth $25,000. Brooklyn Investment Group lifted its holdings in Ubiquiti by 78.8% during the 1st quarter. Brooklyn Investment Group now owns 93 shares of the company's stock worth $29,000 after purchasing an additional 41 shares in the last quarter. Versant Capital Management Inc boosted its stake in Ubiquiti by 484.2% in the 1st quarter. Versant Capital Management Inc now owns 111 shares of the company's stock worth $34,000 after purchasing an additional 92 shares during the period. Farther Finance Advisors LLC grew its holdings in Ubiquiti by 47.0% during the 4th quarter. Farther Finance Advisors LLC now owns 122 shares of the company's stock valued at $40,000 after buying an additional 39 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in shares of Ubiquiti by 71.1% during the fourth quarter. Venturi Wealth Management LLC now owns 130 shares of the company's stock valued at $43,000 after buying an additional 54 shares during the period. Institutional investors own 4.00% of the company's stock.

Ubiquiti Announces Dividend

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