Uniti Group Inc. (UNIT)
NASDAQ: UNIT · Real-Time Price · USD
5.07
-0.52 (-9.30%)
At close: Oct 31, 2024, 4:00 PM
5.03
-0.04 (-0.75%)
After-hours: Oct 31, 2024, 5:54 PM EDT
Uniti Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Uniti Group stock have an average target of 6.25, with a low estimate of 3.50 and a high estimate of 10. The average target predicts an increase of 23.27% from the current stock price of 5.07.
Analyst Consensus: Hold
* Price targets were last updated on Aug 29, 2024.
Analyst Ratings
The average analyst rating for Uniti Group stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $5.5 | Hold | Reiterates | $5.5 | +8.48% | Aug 29, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $8 → $6 | Strong Buy → Buy | Downgrades | $8 → $6 | +18.34% | May 6, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $5.5 → $5 | Hold | Reiterates | $5.5 → $5 | -1.38% | Mar 25, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $9 → $10 | Buy | Maintains | $9 → $10 | +97.24% | Mar 1, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $5 → $3.5 | Hold → Sell | Downgrades | $5 → $3.5 | -30.97% | Nov 7, 2023 |
Financial Forecast
Revenue This Year
1.19B
Revenue Next Year
1.23B
from 1.19B
Increased by 3.20%
EPS This Year
0.47
from -0.35
EPS Next Year
0.51
from 0.47
Increased by 8.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.3B | ||
| Avg | 1.2B | 1.2B | 1.3B | ||
| Low | 1.1B | 1.2B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 7.1% | 7.1% | ||
| Avg | - | 3.2% | 3.7% | ||
| Low | - | -1.6% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.53 | 0.69 | 0.80 | ||
| Avg | 0.47 | 0.51 | 0.64 | ||
| Low | 0.42 | 0.37 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 46.5% | 57.4% | ||
| Avg | - | 9.0% | 24.4% | ||
| Low | - | -20.6% | -7.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.