These Analysts Increase Their Forecasts On Uniti Group After Better-Than-Expected Q1 Results
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Uniti Group Inc (NASDAQ:UNIT) reported better-than-expected Q1 results, with losses of 34 cents per share, surpassing the consensus estimate of 55 cents. Sales reached $987.5 million, exceeding the $933.035 million estimate. The company reaffirmed FY2026 sales guidance of $3.605 billion to $3.655 billion. Analysts raised their price targets: Wells Fargo from $8 to $9, JP Morgan from $8 to $12, and TD Cowen from $10 to $12. Despite the positive results, shares fell 3% to $11.02.
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