What is Zacks Research's Forecast for Ubiquiti Q3 Earnings?

Key Points

• Zacks Research has raised its Q3 2027 EPS estimate for Ubiquiti to $2.81 from $2.80, while the consensus for full-year earnings is now projected at $7.21 per share.
• Ubiquiti's stock performance shows a 52-week range from $156.94 to $469.98, with a current market capitalization of $26.94 billion.
• The company recently announced a $0.60 quarterly dividend, representing an annualized yield of 0.54% and a payout ratio of 26.43%.

Ubiquiti Inc. (NYSE:UI - Free Report) - Investment analysts at Zacks Research increased their Q3 2027 EPS estimates for shares of Ubiquiti in a research note issued on Wednesday, July 23rd. Zacks Research analyst R. Department now expects that the company will post earnings of $2.81 per share for the quarter, up from their prior forecast of $2.80. The consensus estimate for Ubiquiti's current full-year earnings is $7.21 per share. Zacks Research also issued estimates for Ubiquiti's FY2027 earnings at $10.33 EPS.

Several other brokerages have also recently issued reports on UI. BWS Financial restated a "buy" rating and set a $440.00 target price on shares of Ubiquiti in a research report on Friday, July 11th. Barclays boosted their price objective on shares of Ubiquiti from $222.00 to $247.00 and gave the company an "underweight" rating in a research report on Monday, May 12th.

Ubiquiti Stock Up 2.8%

NYSE UI traded up $12.57 during trading on Monday, hitting $459.03. 89,845 shares of the stock traded hands, compared to its average volume of 105,978. Ubiquiti has a 12-month low of $156.94 and a 12-month high of $469.98. The firm has a 50-day simple moving average of $407.77 and a 200-day simple moving average of $367.37. The company has a market capitalization of $27.77 billion, a P/E ratio of 50.55 and a beta of 1.34.

Ubiquiti Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Monday, May 19th. Ubiquiti's payout ratio is 26.43%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UI. Illinois Municipal Retirement Fund purchased a new stake in shares of Ubiquiti in the 1st quarter valued at $571,000. Sei Investments Co. purchased a new stake in shares of Ubiquiti during the 4th quarter worth $1,737,000. Raymond James Financial Inc. purchased a new position in Ubiquiti in the fourth quarter valued at $1,246,000. BNP Paribas Financial Markets acquired a new stake in Ubiquiti in the fourth quarter valued at $484,000. Finally, Vanguard Group Inc. lifted its holdings in Ubiquiti by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 94,505 shares of the company's stock worth $31,369,000 after buying an additional 2,294 shares during the last quarter. 4.00% of the stock is owned by hedge funds and other institutional investors.

Ubiquiti Company Profile

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.