Ubiquiti (UI) Stock Forecast, Price & News

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

1 equities research analysts have issued 12-month target prices for Ubiquiti's stock. Their UI share price forecasts range from $141.00 to $141.00. On average, they expect the company's share price to reach $141.00 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for UI or view top-rated stocks among Wall Street analysts.

Ubiquiti's stock was trading at $273.53 at the beginning of the year. Since then, UI shares have decreased by 46.9% and is now trading at $145.30.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our UI earnings forecast.

Ubiquiti Inc. (NYSE:UI) issued its quarterly earnings results on Friday, August, 25th. The company reported $1.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.06 by $0.34. The company earned $491.09 million during the quarter, compared to the consensus estimate of $490.97 million. Ubiquiti had a negative trailing twelve-month return on equity of 186.64% and a net margin of 21.01%.

Ubiquiti declared a quarterly dividend on Friday, August 25th. Stockholders of record on Tuesday, September 5th will be paid a dividend of $0.60 per share on Monday, September 11th. This represents a $2.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, September 1st.
Read our dividend analysis for UI.

ETFs with the largest weight of Ubiquiti (NYSE:UI) stock in their portfolio include Meet Kevin Pricing Power ETF (PP), iShares U.S. Telecommunications ETF (IYZ), SPDR S&P Telecom ETF (XTL) and First Trust NASDAQ Technology Dividend Index Fund (TDIV).Invesco Russell 1000 Equal Weight ETF (EQAL).

Ubiquiti (NYSE:UI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UI will have a dividend payout ratio of 17.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UI.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ubiquiti investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Broadcom (AVGO), Gilead Sciences (GILD), Walt Disney (DIS), Block (SQ) and Veeva Systems (VEEV).

Ubiquiti trades on the New York Stock Exchange (NYSE) under the ticker symbol "UI."

Shares of UI stock 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 UI stock can currently be purchased for approximately $145.30.

Ubiquiti (NYSE:UI) has a market capitalization of $8.78 billion and generates $1.94 billion in revenue each year. The company earns $407.64 million in net income (profit) each year or $6.75 on an earnings per share basis.

The company employs 1,059 workers across the globe.

Ubiquiti's mailing address is 685 THIRD AVENUE 27TH FLOOR, NEW YORK NY, 10017. The official website for the company is www.ubnt.com. The company can be reached via phone at (646) 780-7958, via email at ir@ubnt.com, or via fax at 408-351-4973.