Zacks Research Has Negative Outlook of Ubiquiti Q2 Earnings

Ubiquiti Inc. (NYSE:UI) – Stock analysts at Zacks Research reduced their Q2 2028 earnings per share estimates for shares of Ubiquiti in a research note issued on Wednesday, April 22nd. Zacks Research analyst Team now forecasts that the company will post earnings of $3.88 per share for the quarter, down from their previous estimate of $3.89. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ubiquiti’s current full-year earnings is $14.04 per share. Zacks Research also issued estimates for Ubiquiti’s Q3 2028 earnings at $4.26 EPS.

Other analysts also recently issued research reports about the company. Wall Street Zen upgraded Ubiquiti from a “hold” rating to a “buy” rating in a report on Sunday, April 19th. Barclays increased their price target on shares of Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. BWS Financial increased their price target on shares of Ubiquiti from $720.00 to $980.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Finally, Weiss Ratings raised shares of Ubiquiti from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $702.33.

Ubiquiti Trading Down 0.6%

NYSE UI opened at $1,031.33 on Friday. The stock’s 50-day moving average price is $833.55 and its two-hundred day moving average price is $689.92. The company has a market cap of $62.42 billion, a PE ratio of 70.25 and a beta of 1.32. Ubiquiti has a 1 year low of $307.51 and a 1 year high of $1,099.99.

Ubiquiti (NYSE:UI) last posted its quarterly earnings data on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.80. The firm had revenue of $814.87 million for the quarter, compared to the consensus estimate of $716.95 million. Ubiquiti had a return on equity of 113.21% and a net margin of 29.90%.The business’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.28 EPS.

Institutional Trading of Ubiquiti

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. lifted its position in shares of Ubiquiti by 87.5% in the fourth quarter. Blue Trust Inc. now owns 45 shares of the company’s stock worth $25,000 after purchasing an additional 21 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new position in Ubiquiti in the third quarter worth approximately $33,000. Quarry LP acquired a new position in Ubiquiti in the third quarter worth approximately $34,000. CIBC Private Wealth Group LLC increased its holdings in Ubiquiti by 238.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company’s stock worth $39,000 after buying an additional 50 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in Ubiquiti by 31.0% in the third quarter. Exchange Traded Concepts LLC now owns 76 shares of the company’s stock worth $50,000 after buying an additional 18 shares during the last quarter. 4.00% of the stock is owned by hedge funds and other institutional investors.

Ubiquiti Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, February 17th. Ubiquiti’s dividend payout ratio is 21.80%.

Ubiquiti Company Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.