Universal Electronics (UEIC) Stock Forecast & Price Target

$11.72

+0.23 (+2.00%)

(As of 07/26/2024 ET)

Universal Electronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Universal Electronics in the last 12 months, the stock has a consensus rating of "Hold." Out of the 2 analysts, 2 have given a hold rating for UEIC.

Consensus Price Target

$13.00
10.92% Upside

High Forecast	$15.00
Average Forecast	$13.00
Low Forecast	$11.00

According to the 2 analysts' twelve-month price targets for Universal Electronics, the average price target is $13.00. The highest price target for UEIC is $15.00, while the lowest price target for UEIC is $11.00. The average price target represents a forecasted upside of 10.92% from the current price of $11.72.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$13.00	$13.00	$12.75	$21.67
Forecasted Upside	10.92% Upside	12.55% Upside	44.39% Upside	11.19% Upside

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UEIC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

UEIC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Universal Electronics Stock vs. The Competition

Type	Universal Electronics	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.00	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	10.92% Upside	554.02% Upside	9.16% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/6/2024	B. Riley 4 of 5 stars	Boost Target	Neutral ➝ Neutral	$10.50 ➝ $11.00	-10.86%
5/3/2024	Rosenblatt Securities 3 of 5 stars	Reiterated Rating	Neutral ➝ Neutral	$15.00 ➝ $15.00	+39.41%
3/15/2023	Sidoti 5 of 5 stars	Upgrade	Neutral ➝ Buy	$16.00	+67.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:16 AM ET.

UEIC Forecast - Frequently Asked Questions

What is Universal Electronics' forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Universal Electronics is $13.00, with a high forecast of $15.00 and a low forecast of $11.00.
Should I buy or sell Universal Electronics stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" UEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UEIC, but not buy additional shares or sell existing shares.
Does Universal Electronics's stock price have much upside?: According to analysts, Universal Electronics's stock has a predicted upside of 12.55% based on their 12-month stock forecasts.
What analysts cover Universal Electronics?: Universal Electronics has been rated by research analysts at B. Riley, and Rosenblatt Securities in the past 90 days.
Do Wall Street analysts like Universal Electronics more than its competitors?: Analysts like Universal Electronics less than other "computer and technology" companies. The consensus rating for Universal Electronics is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how UEIC compares to other companies.