JPMorgan Chase & Co. Has Lowered Expectations for Uniti Group (NASDAQ:UNIT) Stock Price

Uniti Group (NASDAQ:UNIT) had its price objective decreased by stock analysts at JPMorgan Chase & Co. from $11.00 to $9.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 121.95% from the stock’s current price.

Several other equities research analysts also recently weighed in on the stock. Raymond James Financial reiterated a “strong-buy” rating and set a $12.00 target price on shares of Uniti Group in a research note on Tuesday. TD Cowen dropped their price target on Uniti Group from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Wells Fargo & Company reduced their price objective on Uniti Group from $9.00 to $4.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Weiss Ratings cut Uniti Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Uniti Group currently has a consensus rating of “Hold” and a consensus price target of $10.25.

Uniti Group Trading Down 7.8%

UNIT stock traded down $0.34 on Tuesday, hitting $4.05. The company’s stock had a trading volume of 5,137,901 shares, compared to its average volume of 2,628,289. The firm has a 50 day moving average of $7.53 and a two-hundred day moving average of $9.36. Uniti Group has a 1 year low of $4.03 and a 1 year high of $12.94. The stock has a market cap of $984.27 million, a price-to-earnings ratio of 1.49 and a beta of 1.45.

Uniti Group (NASDAQ:UNIT) last issued its quarterly earnings results on Monday, November 9th. The real estate investment trust reported ($1.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.54) by ($0.49). Uniti Group had a negative return on equity of 133.07% and a net margin of 28.68%. The business had revenue of $848.10 million for the quarter, compared to analyst estimates of $855.83 million. As a group, equities analysts forecast that Uniti Group will post -2.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new position in shares of Uniti Group in the 2nd quarter valued at approximately $15,701,000. First Trust Advisors LP purchased a new position in shares of Uniti Group during the 1st quarter valued at approximately $4,203,000. Hsbc Holdings PLC purchased a new position in shares of Uniti Group during the 1st quarter valued at approximately $1,781,000. BTG Pactual Asset Management US LLC acquired a new stake in shares of Uniti Group during the second quarter worth approximately $1,583,000. Finally, Sei Investments Co. grew its position in shares of Uniti Group by 135.6% during the first quarter. Sei Investments Co. now owns 188,432 shares of the real estate investment trust’s stock worth $1,767,000 after buying an additional 108,438 shares in the last quarter. Institutional investors and hedge funds own 87.51% of the company’s stock.

More Uniti Group News

Here are the key news stories impacting Uniti Group this week:

• Positive Sentiment: Uniti said it recorded a second consecutive quarter of record Waves bookings and raised its full-year revenue guidance to about $3.7 billion, in line with consensus. Uniti Group Q3 results
• Positive Sentiment: Kinetic, Uniti’s fiber business, added 162,000 fiber locations across its 18-state footprint in Q3, including new builds in Texas, Georgia, Oklahoma, Kentucky and North Carolina. Expansion may support future customer and revenue growth. Texas fiber expansion Georgia fiber expansion Oklahoma fiber expansion Kentucky fiber expansion North Carolina fiber expansion
• Negative Sentiment: Wells Fargo cut its price target from $9 to $4 and kept an “equal weight” rating, signaling limited upside at the cited share price and reflecting a more cautious outlook. Wells Fargo analyst recommendation
• Negative Sentiment: Q3 results missed on both earnings and revenue: Uniti reported a $1.03-per-share loss versus expectations for a $0.54 loss, while revenue of $848.1 million was below the $855.8 million consensus. The loss also compared with a $0.16-per-share profit a year earlier. Uniti Q3 earnings coverage

Uniti Group Company Profile

Uniti Group is a communications infrastructure company that owns, builds and operates fiber-optic networks and related broadband assets. Its network infrastructure supports broadband, wireless, enterprise and government communications, including fiber connectivity for businesses and other network operators. Founded in 2015 as a spin-off from Windstream, Uniti initially focused on owning and leasing communications infrastructure, including fiber networks. In 2025, Uniti combined with Windstream, bringing together infrastructure operations with Windstream’s Kinetic broadband and enterprise services.