Uniti Group (UNIT) Stock Forecast & Price Target

$3.69

+0.07 (+1.93%)

(As of 07/26/2024 ET)

Uniti Group - 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 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Uniti Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 1 has given a sell rating, 1 has given a hold rating, and 2 have given a buy rating for UNIT.

Consensus Price Target

$6.25
69.38% Upside

High Forecast	$10.00
Average Forecast	$6.25
Low Forecast	$3.50

According to the 4 analysts' twelve-month price targets for Uniti Group, the average price target is $6.25. The highest price target for UNIT is $10.00, while the lowest price target for UNIT is $3.50. The average price target represents a forecasted upside of 69.38% from the current price of $3.69.

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)	1 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$6.25	$6.25	$5.75	$6.61
Forecasted Upside	69.38% Upside	17.65% Upside	8.02% Upside	19.22% Upside

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UNIT 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.

UNIT 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.

Uniti Group Stock vs. The Competition

Type	Uniti Group	Finance Companies	S&P 500
Consensus Rating Score	2.25	2.44	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	69.38% Upside	35.47% Upside	9.17% Upside
News Sentiment Rating	Positive News	Neutral 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	Raymond James 4 of 5 stars	Downgrade	Strong-Buy ➝ Outperform	$8.00 ➝ $6.00	+35.14%
3/25/2024	Royal Bank of Canada 4 of 5 stars	Reiterated Rating	Sector Perform ➝ Sector Perform	$5.50	-9.54%
3/1/2024	TD Cowen 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$9.00 ➝ $10.00	+70.65%
11/7/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$5.00 ➝ $3.50	-28.13%
5/5/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$8.00 ➝ $4.00	+9.89%
2/27/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$7.00 ➝ $6.00	+2.92%
2/27/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$15.00 ➝ $9.00	+60.71%
2/7/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight	$8.00 ➝ $7.00	+11.64%
2/1/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$9.00 ➝ $7.25	+10.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:33 AM ET.

UNIT Forecast - Frequently Asked Questions

What is Uniti Group's forecast for 2024?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Uniti Group is $6.25, with a high forecast of $10.00 and a low forecast of $3.50.
Should I buy or sell Uniti Group stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Uniti Group in the last year. There is currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" UNIT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNIT, but not buy additional shares or sell existing shares.
Does Uniti Group's stock price have much upside?: According to analysts, Uniti Group's stock has a predicted upside of 17.65% based on their 12-month stock forecasts.
Has Uniti Group been downgraded by Wall Street analysts recently?: Over the previous 90 days, Uniti Group's stock had 1 downgrade by analysts.
What analysts cover Uniti Group?: Uniti Group has been rated by research analysts at Raymond James in the past 90 days.
Do Wall Street analysts like Uniti Group more than its competitors?: Analysts like Uniti Group less than other "finance" companies. The consensus rating score for Uniti Group is 2.25 while the average consensus rating score for "finance" companies is 2.45. Learn more on how UNIT compares to other companies.