Financial Analysis: Uniti Group (NASDAQ:UNIT) versus Array Digital Infrastructure (NYSE:AD)

Array Digital Infrastructure (NYSE:AD) and Uniti Group (NASDAQ:UNIT) are both communication services companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Volatility and Risk

Array Digital Infrastructure has a beta of 0.34, meaning that its share price is 66% less volatile than the S&P 500. Comparatively, Uniti Group has a beta of 1.45, meaning that its share price is 45% more volatile than the S&P 500.

Earnings and Valuation

This table compares Array Digital Infrastructure and Uniti Group”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Array Digital Infrastructure	$220.28 million	10.88	$48.76 million	$7.44	3.72
Uniti Group	$2.23 billion	0.44	$1.30 billion	($3.24)	-1.26

Uniti Group has higher revenue and earnings than Array Digital Infrastructure. Uniti Group is trading at a lower price-to-earnings ratio than Array Digital Infrastructure, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current recommendations for Array Digital Infrastructure and Uniti Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Array Digital Infrastructure	1	2	3	0	2.33
Uniti Group	0	7	1	1	2.33

Array Digital Infrastructure presently has a consensus target price of $47.40, suggesting a potential upside of 71.04%. Uniti Group has a consensus target price of $10.25, suggesting a potential upside of 151.84%. Given Uniti Group’s higher possible upside, analysts clearly believe Uniti Group is more favorable than Array Digital Infrastructure.

Institutional and Insider Ownership

18.0% of Array Digital Infrastructure shares are owned by institutional investors. Comparatively, 87.5% of Uniti Group shares are owned by institutional investors. 0.1% of Array Digital Infrastructure shares are owned by company insiders. Comparatively, 1.9% of Uniti Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Array Digital Infrastructure and Uniti Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Array Digital Infrastructure	291.79%	8.67%	4.02%
Uniti Group	-21.20%	-397.08%	-6.02%

Summary

Uniti Group beats Array Digital Infrastructure on 7 of the 13 factors compared between the two stocks.

About Array Digital Infrastructure

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices. In addition, the company offers various accessories, such as cases, screen protectors, chargers, and memory cards; and consumer electronics, including audio, home automation, and networking products; as well as offers option to purchase devices and accessories under installment contracts.

About Uniti Group

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.