Ubiquiti (NYSE:UI) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Ubiquiti Inc. (NYSE:UI)’s stock price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $586.72 and traded as high as $606.75. Ubiquiti shares last traded at $592.50, with a volume of 170,123 shares trading hands.

Ubiquiti News Roundup

Here are the key news stories impacting Ubiquiti this week:

• Positive Sentiment: For the quarter ended September 30, Ubiquiti reported earnings of $5.32 per share, ahead of the $4.25 consensus estimate, and revenue of $1.03 billion versus expectations of $977.45 million. Revenue reportedly rose 40% year over year, while profit also advanced—evidence of strong growth and operating performance. Ubiquiti Soars 15% on Record $1 Billion Quarter as Revenue Jumps 40%
• Positive Sentiment: The company declared a quarterly dividend of $1.00 per share, equivalent to $4.00 annually and a stated 0.7% yield. Shareholders of record November 16 are scheduled to be paid November 23.
• Negative Sentiment: One earnings recap cautioned that margin risks remain. The supplied reports do not detail the potential pressures, but margin trends could temper the otherwise upbeat growth picture. Ubiquiti Q1 2027: First $1B Quarter, But Margin Risks Loom

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UI. BWS Financial reiterated a “buy” rating and issued a $980.00 price target on shares of Ubiquiti in a report on Tuesday, September 29th. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. Barclays decreased their target price on Ubiquiti from $672.00 to $489.00 and set an “underweight” rating for the company in a research report on Monday, August 24th. Finally, Weiss Ratings lowered Ubiquiti from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $734.50.

Ubiquiti Price Performance

The business’s 50-day moving average price is $586.72 and its 200 day moving average price is $657.17. The firm has a market capitalization of $35.85 billion, a price-to-earnings ratio of 33.46 and a beta of 1.34.

Ubiquiti (NYSE:UI) last announced its earnings results on Friday, November 6th. The company reported $5.32 earnings per share for the quarter, beating the consensus estimate of $4.25 by $1.07. Ubiquiti had a net margin of 29.33% and a return on equity of 85.57%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $977.45 million. As a group, sell-side analysts expect that Ubiquiti Inc. will post 16.94 earnings per share for the current year.

Ubiquiti Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Monday, November 16th will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, November 16th. This represents a $4.00 annualized dividend and a dividend yield of 0.7%. Ubiquiti’s dividend payout ratio (DPR) is currently 25.24%.

Institutional Trading of Ubiquiti

A number of hedge funds and other institutional investors have recently modified their holdings of UI. BlackRock Inc. bought a new stake in Ubiquiti during the second quarter valued at $163,010,000. Bank of New York Mellon Corp bought a new position in shares of Ubiquiti in the 2nd quarter worth about $30,086,000. Walleye Capital LLC bought a new position in shares of Ubiquiti in the 2nd quarter worth about $27,413,000. Canada Pension Plan Investment Board bought a new position in shares of Ubiquiti in the 2nd quarter worth about $19,140,000. Finally, Bank of America Corp DE acquired a new position in shares of Ubiquiti in the 2nd quarter valued at about $17,647,000. 4.00% of the stock is owned by hedge funds and other institutional investors.

About Ubiquiti

Ubiquiti Inc develops and sells networking technology for businesses, service providers and consumers. Its products include wireless access points, routers, switches and broadband wireless equipment, along with network management software and security devices such as cameras and access control systems.

The company markets products under brands including UniFi, airMAX, EdgeMAX and AmpliFi. Its UniFi platform brings together networking, video surveillance and access control products with centralized management tools.

Founded in 2003 by Robert Pera, Ubiquiti serves customers globally through distributors, online channels and retail partners.