Ubiquiti Inc. (UI) Stock Analysis
Technology · Communication Equipment
Wait for pullback to $555.54. Weak momentum — blocks BUY_NOW at $558.16. Engine's entry $555.54 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: small number of suppliers; Leverage penalty (D/E 5.6): -1.5.
Ubiquiti develops and sells networking products for enterprises, service providers, and consumers globally through 100+ distributors in over 75 countries, with revenues of $2.6B in fiscal 2025. Products include WLAN, video surveillance, routing, and switching under the UniFi and... Read more
Wait for pullback to $555.54. Weak momentum — blocks BUY_NOW at $558.16. Engine's entry $555.54 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: small number of suppliers; Leverage penalty (D/E 5.6): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 1.13, quality 8.2/10, growth 7.6/10). Score 5.7/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 66d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.
About Ubiquiti Inc.
About Ubiquiti Inc.
Ubiquiti generated $2.6 billion in revenues in the fiscal year ended June 30, 2025, up from $1.9 billion in each of fiscal 2024 and 2023, with a majority of sales made outside the United States across more than 75 countries. The company employed 1,667 full-time equivalent employees as of June 30, 2025, of which 1,187 were in research and development, with R&D expenses of $169.7 million in fiscal 2025. No single customer represented 10% or more of revenue in any of the three fiscal years reported.
Ubiquiti earns revenue from hardware sales across two technology categories: enterprise products (UniFi Cloud Gateways, switches, access points, cameras via UniFi Protect, and door access systems managed through the UniFi OS platform) and service-provider products (airMAX and airFiber fixed wireless and backhaul systems, UFiber GPON, and the Wave 60 GHz platform). The company does not employ a traditional direct sales force, distributing through a network of distributors, value-added resellers, and systems integrators while building brand awareness through its online Ubiquiti Community. In the enterprise WLAN and switching markets, the company competes against Cisco, Fortinet, HPE Aruba Networks, Juniper Networks, and Ruckus; in the backhaul market, against Cambium Networks, Ceragon Networks, and MikroTîkls. A limited number of distributors represent a significant portion of sales; those distributors do not make long-term purchase commitments and do not consistently provide sell-through data, creating demand-visibility gaps. Contract manufacturers are primarily located in Vietnam and China, and U.S. tariffs on imports from both countries have increased product costs, with the 10-K warning that historical gross margins may not be indicative of future periods.
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Supply chain dependency poses a structural risk: the company and its contract manufacturers depend on a single or limited number of suppliers for several components, and Ubiquiti does not stockpile sufficient inventory to cover the time needed to re-engineer products around alternative sources. From 2020 to 2023, supply constraints forced higher component costs, expanded inventory builds, and increased vendor deposits. An inability to source a suitable second supply of chipsets on acceptable terms — an outcome the 10-K states cannot be assured — could reduce the company's ability to manufacture and supply products, which would adversely affect revenues.
See also: Technology · Communication Equipment
From Ubiquiti Inc.'s most recent 10-K filing, extracted June 16, 2026.
Recent developments
updated 2026-06-17Recent Developments — Ubiquiti Inc.
Latest news
- NEWS UI DCF Analysis: Intrinsic Value $432 vs Price $964 - GuruFocus — GuruFocus negative
- NEWS UI DCF Analysis: Intrinsic Value $432 vs Price $1027 - GuruFocus — GuruFocus negative
- NEWS 9-Day Sell-Off Sends Ubiquiti Stock Down 43% - Trefis — Trefis negative
- NEWS UBIQUITI INC. INVESTOR ALERT: Haeggquist & Eck, LLP Investigates Ubiquiti Inc.’s Directors and Officers for Breach of Fi — Business Wire negative
- NEWS Ubiquiti Inc (UI) Institutional Confidence - TradingKey — TradingKey positive
Generated 2026-06-17T08:56:48Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Concentration Risks(10-K Item 1A)
- HIGHSuppliersmall number of suppliers10-K Item 1: 'The majority of our product revenues are dependent upon the sale of products that incorporate components from a small number of suppliers'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $555.54. Weak momentum — blocks BUY_NOW at $558.16. Engine's entry $555.54 (support + ATR) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Supplier: small number of suppliers; Leverage penalty (D/E 5.6): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 1.13, quality 8.2/10, growth 7.6/10). Target $702.10 (+25.8%), stop $525.44 (−6.2%), Setup A.R:R 4.9:1. Score 5.7/10, moderate confidence.
Take-profit target: $702.10 (+26.4% upside). Target $702.10 (+25.8%), stop $525.44 (−6.2%), Setup A.R:R 4.9:1. Stop-loss: $525.44.
Concentration risk — Supplier: small number of suppliers; Leverage penalty (D/E 5.6): -1.5; Expensive valuation.
Ubiquiti Inc. trades at a P/E of 36.9 (forward 33.3). TrendMatrix value score: 3.7/10. Verdict: Buy (Wait for Entry).
11 analysts cover UI with a consensus score of 2.2/5. Average price target: $826.
What does Ubiquiti Inc. do?Ubiquiti develops and sells networking products for enterprises, service providers, and consumers globally through 100+...
Ubiquiti develops and sells networking products for enterprises, service providers, and consumers globally through 100+ distributors in over 75 countries, with revenues of $2.6B in fiscal 2025. Products include WLAN, video surveillance, routing, and switching under the UniFi and airMAX platforms; no single customer represented 10%+ of revenue. Contract manufacturing is primarily in Vietnam and China, with key components sourced from a limited number of suppliers.