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UIUbiquiti Inc.
$620.52$37.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
UI logo

Ubiquiti Inc.

UI
NYSE · Communication Equipment
$620.52
At close - Oct 2, 4:00 PM EDT - USD
Market Cap$37.56B
P/E52.8x
52W High$1099.99
Volume116.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

Accelerating Growth and Margin Expansion Drive Strong Fundamentals

Ubiquiti is experiencing a powerful fundamental inflection, with revenue growth accelerating to 23.5% in 2026Q4 and gross margins expanding over 10 percentage points since 2024Q3, driven by a favorable product mix and operational leverage. The company has fort...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

UI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

+15% Peers

P/E is 15% above peer median

03

Market leadership

RS 65 · Avg

Average momentum (RS Rating: 65)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 21
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth has accelerated to 23.5% year-over-year in 2026Q4, while operating margins have expanded to 36.3%, demonstrating powerful operating leverage as revenue growth outpaces the 28% increase in operating expenses since 2024Q3.

Analyst Consensus-21.2% target
Hold(21 analysts)
6 Buy10 Hold5 Sell

The Bull Case

Upside Catalysts

Strong earnings performance

Ubiquiti reported quarterly results with earnings per share and revenue above analyst expectations, alongside recognition for strong profitability, financial health, and growth metrics.

Upgraded analyst rating

Ubiquiti was elevated to a Zacks Rank #1 (Strong Buy), reflecting upgraded earnings forecasts and a more favorable earnings outlook for the business.

Bullish revenue projections

A research-backed model projects a base case stock price of $733.23 by 2030, with a bull case assuming faster-than-expected adoption of new products and a 3-year CAGR of +12%.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
UI+10.04%
S&P 500 (^GSPC)+12.66%
1-Year Return
UI-7.95%
S&P 500 (^GSPC)+15.01%
3-Year Return
UI+344.69%
S&P 500 (^GSPC)+84.38%
5-Year Return
UI+110.15%
S&P 500 (^GSPC)+82.81%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
52.8x
Forward P/EExpansion
40.7x
EV/EBITDA100th %ile
43.9x
FCF YieldCash Flow
1.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
52.8x
31.9x
100th· High
EV/EBITDA
43.9x
26.5x
100th· High
Price/FCF
59.9x
39.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$130.80-78.9%
Base (Fair)$234.17-62.3%
Bull$254.11-59.0%
$130.80 Bear$234.17 Base$254.11 Bull
Current Market Price: $620.52
Trades at a 165.0% premium to Base DCF ($234.17)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.57B+33.4% YoY
Net income
$712M+103.4% YoY
Free cash flow
$627M+18.5% YoY
Operating margin
32.5%+6.6 pts YoY
ROIC (TTM)81.4%
Avg ROIC 5Y-
ROE (TTM)186.5%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 21, 2026
$4.73+17.4%
vs $4.03
$937M+10.2%
vs $850M
Q2 2026
May 8, 2026
$3.88-9.6%
vs $4.29
$788M-3.2%
vs $814M
Q1 2026
Feb 6, 2026
$3.88+26.0%
vs $3.08
$815M+12.1%
vs $727M
Q4 2025
Nov 7, 2025
$3.46+18.1%
vs $2.93
$734M+4.5%
vs $702M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·Sep 24, 2026
4 Top-Performing Liquid Stocks to Strengthen Your Portfolio

MNDY, MTCH, SMTC and UI make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.

Zacks Investment Research·Sep 21, 2026
Ubiquiti (UI) Upgraded to Strong Buy: Here's Why

Ubiquiti (UI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research·Sep 18, 2026
Ubiquiti (UI) is an Incredible Growth Stock: 3 Reasons Why

Ubiquiti (UI) could produce exceptional returns because of its solid growth attributes.

Zacks Investment Research·Sep 18, 2026
Here's Why Ubiquiti Inc. (UI) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Filtered for Ubiquiti Inc.More Headlines
04

Compare before deciding

Benchmark UI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Ubiquiti Inc. (UI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
UI logoUIUbiquiti Inc.Current
$620.52$37.56B52.7733.45%27.66%186.53%0.39%
NTGR logoNTGRNETGEAR, Inc.
$23.56$632.35M-20.672.91%-5.91%-8.42%—
CIEN logoCIENCiena Corporation
$391.34$55.4B460.4018.79%10.87%22.82%—
CALX logoCALXCalix, Inc.
$34.81$2.19B133.8820.26%4.61%6.54%—
ARLO logoARLOArlo Technologies, Inc.
$12.78$1.39B91.293.6%5.2%21.25%—
SLAB logoSLABSilicon Laboratories Inc.
$222.76$7.35B-112.5134.29%-4.57%-3.59%—

Compare UI vs Peers

Ubiquiti Inc. (UI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NTGR

Most directly comparable listed peer for UI.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare UI against a more recognizable public peer.

Peer Set

Compare Top 5

vs NTGR, CIEN, CALX, ARLO

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

UI SEC Filings & Documents

Ubiquiti Inc. (UI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 21, 2026·SEC

Material company update

May 8, 2026·SEC

Material company update

Feb 6, 2026·SEC

10-K Annual Reports

6
FY 2026

Aug 21, 2026·SEC

FY 2025

Aug 22, 2025·SEC

FY 2024

Aug 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2026

Feb 6, 2026·SEC

FY 2025

Nov 7, 2025·SEC

Get notified when UI posts new earnings or crosses analyst targets

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UI Frequently Asked Questions

Ubiquiti Inc. (UI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ubiquiti Inc.'s revenue?

Ubiquiti Inc. (UI) reported $3.27B in revenue for fiscal year 2025. This represents a 5087% increase from $63.1M in 2009.

How fast is Ubiquiti Inc. growing?

Ubiquiti Inc. (UI) grew revenue by 33.4% over the past year. This is strong growth.

Is UI profitable?

Yes, Ubiquiti Inc. (UI) is profitable, generating $960.3M in net income for fiscal year 2025 (27.7% net margin).

Dividend & Returns
Does UI pay dividends?

Yes, Ubiquiti Inc. (UI) pays a dividend with a yield of 0.39%. This makes it attractive for income-focused investors.

What is UI's return on equity?

Ubiquiti Inc. (UI) has a return on equity (ROE) of 186.5%. This is excellent, indicating efficient use of shareholder capital.

What is Ubiquiti Inc.'s free cash flow?

Ubiquiti Inc. (UI) generated $908.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in UI back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →