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Weekly Recap | Ubiquiti -4.89%, consensus target above spot

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Ubiquiti (UI) fell 4.89% this week, closing Friday at $560.67 versus $589.48 the prior Friday. The S&P 500 gained 1.21% over the same stretch, leaving the stock about 6.1 percentage points behind. The week opened at $596.85 on Monday and briefly tagged $600 intraday, then drifted lower each session. Thursday broke below $575, and Friday printed a low of $560 before settling near the week’s bottom. Weekly amplitude was 6.

The Week

Ubiquiti (UI) fell 4.89% this week, closing Friday at $560.67 versus $589.48 the prior Friday. The S&P 500 gained 1.21% over the same stretch, leaving the stock about 6.1 percentage points behind. The week opened at $596.85 on Monday and briefly tagged $600 intraday, then drifted lower each session. Thursday broke below $575, and Friday printed a low of $560 before settling near the week’s bottom. Weekly amplitude was 6.7% on volume of 540,994 shares, with no major company catalyst during the period.

Analyst Ratings

Two brokers currently cover the name: one buy and one underweight, with no hold or sell ratings. The consensus rating is hold, and the consensus target price is $734.50, roughly 31.0% above the latest quote. The high-low target price range is not disclosed, and industry ranking data is unavailable, so no further detail is offered here.

The Week Ahead

Several US macro releases land early next week. On Monday, 28 September, the Dallas Fed manufacturing business activity index is due, with a prior reading of 11.6. Tuesday, 29 September, brings a cluster of reports: FHFA house prices, the Case Shiller 20-city home price index, JOLTS job openings, and consumer confidence. JOLTS carries a prior of 7.271 and a forecast of 7.24; consumer confidence has a prior of 89.4 and a forecast of 90. Ubiquiti itself has no scheduled earnings or company events next week.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.

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