UTStarcom Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UTStarcom in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UTStarcom stock.
View analyst ratings for UTStarcom or view top-rated stocks.

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UTStarcom saw a decrease in short interest during the month of January. As of January 29th, there was short interest totaling 180,900 shares, a decrease of 37.4% from the January 14th total of 288,800 shares. Based on an average daily volume of 888,300 shares, the short-interest ratio is currently 0.2 days. Currently, 1.7% of the shares of the stock are short sold.
View UTStarcom's Short Interest.

UTStarcom is scheduled to release its next quarterly earnings announcement on Friday, March 26th 2021.
View our earnings forecast for UTStarcom.

UTStarcom Holdings Corp. (NASDAQ:UTSI) posted its quarterly earnings data on Friday, March, 27th. The Wireless communications provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.07. The Wireless communications provider earned $14.18 million during the quarter, compared to the consensus estimate of $13.50 million.
View UTStarcom's earnings history.

UTStarcom's stock was trading at $2.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, UTSI shares have decreased by 24.2% and is now trading at $1.82.
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1 equities research analysts have issued 1-year price targets for UTStarcom's stock. Their forecasts range from $2.50 to $2.50. On average, they anticipate UTStarcom's stock price to reach $2.50 in the next year. This suggests a possible upside of 37.4% from the stock's current price.
View analysts' price targets for UTStarcom or view top-rated stocks among Wall Street analysts.

6 employees have rated UTStarcom CEO William Wong on Glassdoor.com. William Wong has an approval rating of 89% among UTStarcom's employees.

Some companies that are related to UTStarcom include Iteris (ITI), PowerFleet (PWFL), Vislink Technologies (VISL), Magal Security Systems (MAGS), George Risk Industries (RSKIA), The Coretec Group (CRTG), True Nature (TNTY), ALR Technologies (ALRT), Track Group (TRCK), Ability (ABILF), Electronic Control Security (EKCS), Ealixir (EAXR), Viscount Systems (VSYS), RiT Technologies (RITT) and Vicon Industries (VCON).
View all of UTSI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), Fortive (FTV), Lowe's Companies (LOW), Advanced Micro Devices (AMD), HP (HPQ), Inovio Pharmaceuticals (INO), Sierra Oncology (SRRA), Viveve Medical (VIVE) and Ampio Pharmaceuticals (AMPE).

UTStarcom trades on the NASDAQ under the ticker symbol "UTSI."

UTStarcom's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.70%).
View institutional ownership trends for UTStarcom.

UTSI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC.
View insider buying and selling activity for UTStarcom or or view top insider-buying stocks.

Shares of UTSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UTSI stock can currently be purchased for approximately $1.82.

UTStarcom has a market capitalization of $64.66 million and generates $65.82 million in revenue each year. The Wireless communications provider earns $-3,910,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.

UTStarcom employs 478 workers across the globe.

The official website for UTStarcom is www.utstar.com.

UTStarcom is headquartered at 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053.

UTStarcom's mailing address is 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053. The Wireless communications provider can be reached via phone at 86-571-8192-8888 or via email at [email protected]