Ubiquiti (UI) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ubiquiti in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" UI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UI, but not buy additional shares or sell existing shares.
View UI analyst ratings or view top-rated stocks.

2 analysts have issued 12 month target prices for Ubiquiti's shares. Their UI share price forecasts range from $207.00 to $375.00. On average, they predict the company's share price to reach $291.00 in the next year. This suggests a possible upside of 77.0% from the stock's current price.
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 2023. Since then, UI stock has decreased by 39.9% and is now trading at $164.37.
View the best growth stocks for 2023 here.

Ubiquiti saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 257,600 shares, an increase of 44.7% from the April 30th total of 178,000 shares. Based on an average daily volume of 56,900 shares, the short-interest ratio is presently 4.5 days. Approximately 6.2% of the shares of the stock are sold short.
View Ubiquiti's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 25th 2023.
View our UI earnings forecast.

Ubiquiti Inc. (NYSE:UI) posted its quarterly earnings results on Friday, November, 5th. The company reported $2.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by $0.50. The firm had revenue of $458.91 million for the quarter, compared to analyst estimates of $518.68 million. Ubiquiti had a net margin of 20.95% and a negative trailing twelve-month return on equity of 139.02%.

Ubiquiti declared a quarterly dividend on Friday, May 5th. Investors of record on Monday, May 15th will be paid a dividend of $0.60 per share on Monday, May 22nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for UI.

ETFs with the largest weight of Ubiquiti (NYSE:UI) stock in their portfolio include SPDR S&P Telecom ETF (XTL), iShares U.S. Telecommunications ETF (IYZ), Invesco Dynamic Networking ETF (PXQ), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Motley Fool Next Index ETF (TMFX), Global X Founder-Run Companies ETF (BOSS), SPDR FactSet Innovative Technology ETF (XITK) and ERShares Entrepreneurs ETF (ENTR).

Ubiquiti (NYSE:UI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UI will have a dividend payout ratio of 21.96% 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."

Ubiquiti's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.58%), BlackRock Inc. (0.44%), Anchor Capital Advisors LLC (0.15%), State Street Corp (0.13%), Bank of New York Mellon Corp (0.09%) and Geode Capital Management LLC (0.09%).
View institutional ownership trends.

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 $164.37.

Ubiquiti (NYSE:UI) has a market capitalization of $9.93 billion and generates $1.69 billion in revenue each year. The company earns $378.66 million in net income (profit) each year or $6.56 on an earnings per share basis.

The company employs 1,137 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.