Wells Fargo & Company Has Lowered Expectations for Uniti Group (NASDAQ:UNIT) Stock Price

Uniti Group (NASDAQ:UNIT) had its price objective lowered by equities research analysts at Wells Fargo & Company from $9.00 to $4.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective indicates a potential downside of 7.73% from the company’s current price.

Other equities analysts have also issued research reports about the stock. TD Cowen cut their target price on shares of Uniti Group from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $12.00 price target on shares of Uniti Group in a report on Tuesday. JPMorgan Chase & Co. reduced their target price on Uniti Group from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Finally, Weiss Ratings lowered shares of Uniti Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.47.

Uniti Group Price Performance

NASDAQ UNIT traded down $0.07 during mid-day trading on Tuesday, reaching $4.33. 1,181,524 shares of the stock were exchanged, compared to its average volume of 2,611,746. The stock has a market cap of $1.05 billion, a P/E ratio of 1.58 and a beta of 1.45. Uniti Group has a one year low of $4.03 and a one year high of $12.94. The stock has a 50 day simple moving average of $7.53 and a 200-day simple moving average of $9.36.

Uniti Group (NASDAQ:UNIT) last released its quarterly earnings results on Monday, November 9th. The real estate investment trust reported ($1.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $848.10 million for the quarter, compared to analyst estimates of $855.83 million. Sell-side analysts anticipate that Uniti Group will post -2.01 EPS for the current fiscal year.

Hedge Funds Weigh In On Uniti Group

Hedge funds have recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its position in shares of Uniti Group by 7,156.7% during the third 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. Parallel Advisors LLC raised its position in Uniti Group by 1,409.9% in the 3rd quarter. Parallel Advisors LLC now owns 4,741 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 4,427 shares during the last quarter. Sterling Capital Management LLC raised its position in Uniti Group by 237.5% in the 3rd quarter. Sterling Capital Management LLC now owns 4,934 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 3,472 shares during the last quarter. KBC Group NV purchased a new stake in shares of Uniti Group during the 1st quarter valued at about $43,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Uniti Group by 1,579.8% during the third quarter. Farther Finance Advisors LLC now owns 8,802 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 8,278 shares during the last quarter. 87.51% of the stock is currently owned by hedge funds and other institutional investors.

Uniti Group News Summary

Here are the key news stories impacting Uniti Group this week:

• Positive Sentiment: Kinetic added fiber service to 86,400 homes across Texas, Georgia, Oklahoma, Kentucky and North Carolina in Q3, contributing to 162,000 new fiber locations across its 18-state footprint. The expansion may support Uniti’s broadband reach and growth opportunities. Texas fiber expansion
• Positive Sentiment: Uniti reported two consecutive quarters of record Waves bookings and raised its FY 2026 revenue guidance. Q3 2026 results
• Neutral Sentiment: The company’s FY 2026 revenue guidance is $3.7 billion, in line with the consensus estimate, limiting the surprise from the outlook update.
• Negative Sentiment: Q3 results missed expectations: Uniti reported a loss of $1.03 per share versus the expected loss of $0.54, while revenue of $848.1 million was below the $855.8 million consensus. The loss also compared with earnings of $0.16 per share a year earlier. Q3 earnings report

Uniti Group Company Profile

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.

The company serves customers across the United States through its fiber network and broadband operations.