uCloudlink Group (NASDAQ:UCL) Upgraded at Weiss Ratings

Weiss Ratings upgraded shares of uCloudlink Group (NASDAQ:UCL) from a sell (d+) rating to a hold (c-) rating in a report issued on Friday morning,Weiss Ratings reports.

Separately, Wall Street Zen upgraded uCloudlink Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, uCloudlink Group currently has a consensus rating of “Hold”.

uCloudlink Group Stock Performance

UCL stock opened at $2.32 on Friday. The company has a market capitalization of $87.85 million, a P/E ratio of 46.48 and a beta of 4.30. uCloudlink Group has a 52-week low of $0.80 and a 52-week high of $4.19. The business has a 50-day simple moving average of $2.64 and a two-hundred day simple moving average of $2.12.

uCloudlink Group (NASDAQ:UCL) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. uCloudlink Group had a return on equity of 8.89% and a net margin of 2.19%.The business had revenue of $19.38 million during the quarter, compared to the consensus estimate of $23.00 million. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that uCloudlink Group will post 0.1 earnings per share for the current fiscal year.

uCloudlink Group Company Profile

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.