Zacks Research Has Bearish Forecast for Ubiquiti Q1 Earnings

Key Points

• Zacks Research lowered Ubiquiti’s Q1 2028 EPS estimate to $4.16 from $4.41 and maintained a “Hold” rating. It projects FY2028 EPS of $17.07.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $750.67; ratings include two Buys, one Hold, and one Sell.
• Ubiquiti shares opened at $581.53, down 0.4%, with a market capitalization of approximately $35.19 billion. Institutional investors and hedge funds own about 4% of the stock.

Ubiquiti Inc. (NYSE:UI - Free Report) - Analysts at Zacks Research cut their Q1 2028 EPS estimates for Ubiquiti in a research report issued on Monday, August 17th. Zacks Research analyst Team now anticipates that the company will post earnings of $4.16 per share for the quarter, down from their prior estimate of $4.41. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Ubiquiti's current full-year earnings is $14.82 per share. Zacks Research also issued estimates for Ubiquiti's Q2 2028 earnings at $3.93 EPS, Q3 2028 earnings at $4.60 EPS and FY2028 earnings at $17.07 EPS.

UI has been the topic of several other research reports. Weiss Ratings downgraded Ubiquiti from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, May 29th. Barclays upped their price target on Ubiquiti from $527.00 to $672.00 and gave the stock an "underweight" rating in a research report on Monday, May 11th. BWS Financial reaffirmed a "buy" rating and set a $980.00 price target on shares of Ubiquiti in a research note on Wednesday, July 8th. Finally, Wall Street Zen lowered shares of Ubiquiti from a "buy" rating to a "hold" rating in a research report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $750.67.

Ubiquiti Trading Down 0.4%

UI opened at $581.53 on Wednesday. The stock has a market capitalization of $35.19 billion, a P/E ratio of 37.37 and a beta of 1.31. Ubiquiti has a 12 month low of $380.00 and a 12 month high of $1,099.99. The firm's fifty day simple moving average is $552.75 and its 200 day simple moving average is $690.47.

Institutional Investors Weigh In On Ubiquiti

Several hedge funds have recently bought and sold shares of the company. Vision Retirement LLC acquired a new position in Ubiquiti during the first quarter worth approximately $25,000. Quarry LP acquired a new position in shares of Ubiquiti during the 3rd quarter worth approximately $34,000. Compass Financial Management LLC bought a new stake in Ubiquiti in the 2nd quarter valued at $35,000. CIBC Private Wealth Group LLC lifted its holdings in Ubiquiti by 238.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company's stock valued at $39,000 after purchasing an additional 50 shares during the last quarter. Finally, Cherry Tree Wealth Management LLC increased its holdings in shares of Ubiquiti by 50.0% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 75 shares of the company's stock valued at $42,000 after purchasing an additional 25 shares during the last quarter. 4.00% of the stock is currently owned by institutional investors and hedge funds.

Ubiquiti Company Profile

Ubiquiti Inc NYSE: UI is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti's offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source