Uniti Group Inc. (UNIT)
NASDAQ: UNIT · IEX Real-Time Price · USD
3.690
-0.010 (-0.27%)
At close: Jul 19, 2024, 4:00 PM
3.680
-0.010 (-0.27%)
Pre-market: Jul 22, 2024, 7:34 AM 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 6.13, with a low estimate of 3.50 and a high estimate of 10. The average target predicts an increase of 66.12% from the current stock price of 3.69.
Analyst Consensus: Hold
* Price targets were last updated on May 6, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 4 | 3 | 3 | 1 | 1 | 1 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 6 | 6 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $8 → $6 | Strong Buy → Buy | Downgrades | $8 → $6 | +62.60% | May 6, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $5 | Hold | Reiterates | $5 | +35.50% | Mar 25, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $9 → $10 | Buy | Maintains | $9 → $10 | +171.00% | Mar 1, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $5 → $3.5 | Hold → Sell | Downgrades | $5 → $3.5 | -5.15% | Nov 7, 2023 |
| RBC Capital | RBC Capital | Hold Reiterates $5 | Hold | Reiterates | $5 | +35.50% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
1.19B
from 1.15B
Increased by 3.32%
Revenue Next Year
1.22B
from 1.19B
Increased by 2.95%
EPS This Year
0.49
from -0.35
EPS Next Year
0.53
from 0.49
Increased by 7.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B |
| Avg | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B |
| Low | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7% | 7.1% | 7.3% | 8.5% | 6.5% |
| Avg | 3.3% | 2.9% | 3.1% | 4.6% | 3.0% |
| Low | -1.0% | -2.7% | -2.1% | -0.2% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.64 | 0.78 | 0.92 | 2.26 | 2.35 |
| Avg | 0.49 | 0.53 | 0.65 | 2.19 | 2.28 |
| Low | 0.42 | 0.40 | 0.46 | 2.11 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 57.9% | 72.2% | 248.0% | 7.3% |
| Avg | - | 7.7% | 21.8% | 238.1% | 4.2% |
| Low | - | -18.8% | -13.5% | 224.8% | 0.1% |
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.