Headquartered in New York, NY Fiscal year ends June NYSE: UI ui.com
Ubiquiti Inc. (NYSE: UI) designs hardware and software as an integrated system. Its UniFi platform spans networking, physical security, storage and building technology. The platform lets organizations run enterprise-grade infrastructure without licenses or subscriptions, positioned as a lower-cost alternative to incumbent enterprise IT vendors.
The company reports two revenue lines. Enterprise Technology, centered on UniFi, generates the large majority of sales. Service Provider Technology serves network operators and internet service providers.
Ubiquiti sells globally through its direct webstores and a worldwide network of distributors and partners. North America and Europe, the Middle East and Africa are its largest markets, followed by Asia Pacific and South America. It relies on contract manufacturers and chipset suppliers. Founder Robert J. Pera serves as chief executive officer. Updated
Ubiquiti cleared a billion dollars of quarterly revenue for the first time, with UniFi enterprise sales driving a 39.9% year-over-year jump. Management flagged rising component prices and constrained supply that could squeeze margins and cap its ability to fill demand this quarter.
Ubiquiti just posted its biggest quarter ever and rewarded shareholders with a dividend hike, but the rally faded fast and the payout structure raises a question most investors have not stopped to…
Joel South Ubiquiti Inc. (NYSE: UI) designs hardware and software as an integrated system. Its UniFi platform spans networking, physical security, storage and building technology.
24/7 Wall St.'s 12-month price target for UI is $842.01, rated Buy. The Wall Street consensus target is $758.50. UI price prediction →