Zacks Research Weighs in on Ubiquiti’s Q2 Earnings (NYSE:UI)

Ubiquiti Inc. (NYSE:UI) – Analysts at Zacks Research decreased their Q2 2028 earnings estimates for shares of Ubiquiti in a report issued on Wednesday, April 22nd. Zacks Research analyst Team now expects that the company will post earnings per share of $3.88 for the quarter, down from their previous estimate of $3.89. Zacks Research currently 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.

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

Ubiquiti Price Performance

Shares of UI opened at $1,038.43 on Friday. The company has a 50-day moving average of $827.29 and a two-hundred day moving average of $687.38. The stock has a market cap of $62.85 billion, a price-to-earnings ratio of 70.74 and a beta of 1.32. Ubiquiti has a one year low of $302.76 and a one year high of $1,099.99.

Ubiquiti (NYSE:UI) last announced its quarterly earnings data on Friday, February 6th. The company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.80. The company had revenue of $814.87 million during 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 company’s quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.28 EPS.

Ubiquiti Dividend Announcement

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

Institutional Trading of Ubiquiti

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its position in Ubiquiti by 33.8% during the first quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock worth $10,494,000 after purchasing an additional 8,551 shares during the period. Woodline Partners LP lifted its stake in shares of Ubiquiti by 22.1% in the first quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after buying an additional 220 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Ubiquiti by 12.9% during the 1st quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after buying an additional 1,570 shares during the period. Cetera Investment Advisers acquired a new position in Ubiquiti in the 2nd quarter valued at $312,000. Finally, Legal & General Group Plc raised its holdings in Ubiquiti by 23.2% in the 2nd quarter. Legal & General Group Plc now owns 792 shares of the company’s stock worth $326,000 after acquiring an additional 149 shares during the period. Institutional investors and hedge funds own 4.00% of the company’s stock.

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.