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

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

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

Uniti Group Trading Down 7.8%

UNIT traded down $0.34 during trading hours on Tuesday, hitting $4.05. 5,137,901 shares of the company’s stock were exchanged, compared to its average volume of 2,628,289. The firm has a market cap of $984.27 million, a P/E ratio of 1.49 and a beta of 1.45. Uniti Group has a 12-month low of $4.03 and a 12-month high of $12.94. The firm has a 50 day moving average of $7.53 and a 200 day moving average of $9.36.

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

Institutional Trading of Uniti Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fortitude Family Office LLC grew its position in shares of Uniti Group by 7,156.7% in the 3rd quarter. Fortitude Family Office LLC now owns 4,354 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 4,294 shares during the last quarter. KBC Group NV purchased a new stake in Uniti Group in the first quarter valued at $43,000. Parallel Advisors LLC lifted its position in Uniti Group by 1,409.9% in the third quarter. Parallel Advisors LLC now owns 4,741 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 4,427 shares during the last quarter. Sterling Capital Management LLC lifted its position in Uniti Group by 237.5% in the third quarter. Sterling Capital Management LLC now owns 4,934 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 3,472 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Uniti Group during the second quarter worth about $95,000. 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

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.