Ubiquiti Inc. (UI)

NYSE: UI · IEX Real-Time Price · USD
148.91
+2.54 (1.74%)
At close: May 20, 2024, 4:00 PM
148.80
-0.11 (-0.07%)
After-hours: May 20, 2024, 4:39 PM EDT
1.74%
Market Cap 9.00B
Revenue (ttm) 1.91B
Net Income (ttm) 349.83M
Shares Out 60.46M
EPS (ttm) 5.78
PE Ratio 25.65
Forward PE 17.71
Dividend $2.40 (1.61%)
Ex-Dividend Date May 17, 2024
Volume 109,985
Open 145.72
Previous Close 146.37
Day's Range 145.46 - 149.21
52-Week Range 103.00 - 189.52
Beta 1.22
Analysts Buy
Price Target 134.00 (-10.01%)
Earnings Date May 10, 2024

About UI

Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance prod... [Read more]

Sector Technology
IPO Date Oct 14, 2011
Employees 1,535
Stock Exchange NYSE
Ticker Symbol UI
Full Company Profile

Financial Performance

In 2023, Ubiquiti's revenue was $1.94 billion, an increase of 14.71% compared to the previous year's $1.69 billion. Earnings were $407.64 million, an increase of 7.65%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for UI stock is "Buy." The 12-month stock price forecast is $134.0, which is a decrease of -10.01% from the latest price.

Price Target
$134.0
(-10.01% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Ubiquiti Inc. Reports Third Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Financial ...

10 days ago - Business Wire

If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges

Should shares of artificial-intelligence bellwether Nvidia slip, researchers suggest First Solar and Check Point Software as offering diversification with exposure to growth.

4 weeks ago - Barrons

Ubiquiti Inc. Reports Second Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the second quarter ended December 31, 2023. Second Quarter Fiscal 2024 Finan...

3 months ago - Business Wire

Ubiquiti Inc. Introduces UniFi 7, A Massively Scalable Wi-Fi 7 Solution That Revolutionizes Wireless Connectivity

NEW YORK--(BUSINESS WIRE)--Ubiquiti has announced UniFi 7 — a massively scalable Wi-Fi 7 solution capable of delivering wired-like user experiences.

4 months ago - Business Wire

Ubiquiti Inc. Reports First Quarter Fiscal 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the first quarter ended September 30, 2023. First Quarter Fiscal 2024 Financ...

7 months ago - Business Wire

Ubiquiti Inc. Reports Fourth Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the fourth quarter and full year fiscal 2023, ended June 30, 2023. Fourth Qu...

9 months ago - Business Wire

Top 5 Tech Stocks That Set To Fly This Quarter - GDS Holdings (NASDAQ:GDS), Envestnet (NYSE:ENV)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: GDSCTMENVIVAC
1 year ago - Benzinga

Ubiquiti Inc. Reports Third Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the third quarter fiscal 2023, ended March 31, 2023. Third Quarter Fiscal 20...

1 year ago - Business Wire

2 Tech Stocks John Hussman Loaded Up on in the 4th Quarter

Hussman Strategic Advisors is the advisory firm to Hussman Funds. In its most recent 13F filing for the fourth quarter of 2022, the firm reported ~$614 million in U.S. common stock holdings.

Other symbols: ETSY
1 year ago - GuruFocus

Ubiquiti Inc. Reports Second Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the second quarter fiscal 2023, ended December 31, 2022.

1 year ago - Business Wire

Ubiquiti Inc. Reports First Quarter Fiscal 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the first quarter fiscal 2023, ended September 30, 2022.

1 year ago - Business Wire

Ubiquiti Inc. Reports Fourth Quarter Fiscal 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced financial results for the fourth quarter and full year fiscal 2022, ended June 30, 2022. Fourth Quarte...

1 year ago - Business Wire

Ubiquiti Inc. Reports Third Quarter Fiscal 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the third quarter fiscal 2022, ended March 31, 2022. Third Quarter Fiscal 20...

2 years ago - Business Wire

Ubiquiti Inc. Reports Second Quarter Fiscal 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the second quarter fiscal 2022, ended December 31, 2021. Second Quarter Fisc...

2 years ago - Business Wire

Ubiquiti: The Scandal Wasn't a Scandal, Time to Get Back to Business

Over much of the past year, there's been a dark cloud over Ubiquiti Inc. ( UI , Financial). However, that cloud appears to have lifted, and investors can get back to judging the company on its fundame...

2 years ago - GuruFocus

Ubiquiti Inc. Reports First Quarter Fiscal 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the first quarter fiscal 2022, ended September 30, 2021. First Quarter Fisca...

2 years ago - Business Wire

Ubiquiti Shares Pop On 52% Revenue Growth In Q4, Beats Consensus; Declares Dividend

Wireless and wireline network equipment provider Ubiquiti Inc (NYSE: UI) reported fourth-quarter FY21 revenue growth of 51.5% year-on-year to $477.9 million, beating the analyst consensus of $463.9 mi...

2 years ago - Benzinga

Ubiquiti Inc. Reports Fourth Quarter Fiscal 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced financial results for the fourth quarter and full year fiscal 2021, ended June 30, 2021. Fourth Quarte...

2 years ago - Business Wire

Gates Industrial Corp Plc Among Today's Top Buys As Jobless Claims Rise

The Dow Jones rose about 42 points or 0.1%, the S&P 500 lost 0.08%, and the Nasdaq fell 0.04%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

Other symbols: GTESJELDSWI
2 years ago - Forbes

Jeld-Wen Holding Inc Ranked Among Today's Top Buys

The Dow Jones, S&P 500, and Nasdaq were all lower, with the Nasdaq taking the brunt of it down 1.3% in early trading. Make the most of this market with today's Top Buys from Q.ai's artificial intellig...

Other symbols: JELDKNXTGT
3 years ago - Forbes

UI ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 19, 2021 in the Class Action Filed on Behalf of Ubiquiti Inc. Limited Shareholders

New York, New York--(Newsfile Corp. - July 19, 2021) -  The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Ubiquiti Inc. (NYSE: UI) alleging that th...

3 years ago - Newsfile Corp

UI Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Ubiquiti Inc. Shareholders of Class Action and Lead Plaintiff Deadline: July 19, 2021

New York, New York--(Newsfile Corp. - July 19, 2021) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ubiquiti Inc. ("Ubiquiti" or "the Compan...

3 years ago - Newsfile Corp

UBIQUITI DEADLINE TODAY: ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Ubiquiti Inc. Investors to Secure Counsel in Securities Class Action - UI

New York, New York--(Newsfile Corp. - July 19, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ubiquiti Inc. (NYSE: UI) between January 11, 2021...

3 years ago - Newsfile Corp

DEADLINE TODAY: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Ubiquiti Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - July 19, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ubiquiti Inc. ("Ubiq...

3 years ago - Newsfile Corp

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Ubiquiti Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 19, 2021 - UI

New York, New York--(Newsfile Corp. - July 18, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Ub...

3 years ago - Newsfile Corp