Ubiquiti Networks Inc (UI) fair value: what the stock is really worth
As of Oct 22, 2026: fair value (intrinsic value) of Ubiquiti Networks Inc stock $670, price $596, upside +12.5%, quality 82 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 22, 2026.
How to read this chart
60‑month range $102.73 – $1,081 · fair‑value band $410.80 – $1,060 · the $595.62 price screens below the $670.29 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 22, 2026.
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Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers in North America, Europe, the Middle East, Africa, Asia Pacific, South America.
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The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use.
Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products.
It also provides technology platforms, such as UniFi Cloud Gateway, an Enterprise class internet and security gateway device; UniFi Wi-Fi, an enterprise Wi-Fi system; UniFi Protect, a video surveillance platform; UniFi Switch that deliver performance, switching, and power of ethernet support for enterprise networks; UniFi Access, a door access solution; UniFi Talk, a plug-and-play phone system and VoIP subscription service, as well as UniFi Connect and its AmpliFi platform.
In addition, the company offers airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; airFiber, a wireless backhauls point-to-point radio system; UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks; and Wave, a technology platform.
Further, the company provides base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; and antennas. It serves customers through a network of distributors, online retailers, and direct to customers through webstores.
The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.
Stock analysis
Ubiquiti Networks Inc (UI) currently trades at $595.62, while our model-based Fair Value estimate is $670.29, implying the stock looks roughly 11.1% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $466.64 per share, and 1 of the 26 models we run sit above the $595.62 price.
Bear case: the Economic Profit group reads lowest at $143.01, and 25 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $410.80 (bear) to $1,060 (bull), the price of $595.62 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 82/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Ubiquiti Networks Inc reported revenue of $3.3B in FY2026 versus $1.7B in FY2022, a compound +17.9%/yr. Reported net income was $960M in FY2026, compounding +26.2%/yr from FY2022.
Key figures
Market cap $36.1B Large · P/E ratio 37.6 · P/S ratio 11.0 · EPS (TTM) $15.85 · Dividend yield 0.6% · Net margin 29.3% · Return on equity 91.1% · Return on assets (EBIT) 49.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 92 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −47% fair-value upside, at 13%, UI screens cheaper than that median.
Fair Value models
Bear$410.80Fair Value $670.29Bull$1,060
Price $595.62 · Upside +12.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then ($3.92 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.94/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+27.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.5%
Start year 2021 (pandemic). Over 10 years: +17.3% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.1%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+10.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.1%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.20.9% vs 20.3%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.39% → 36%
2026 sits 135% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+22.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +20.1% a year for the price.
AI conclusion: Moderate moat signals arise chiefly from profitability metrics, yet thin durable evidence and insufficient innovation metrics remain the central weakness.
Main risk: The industrial push with new rugged switches and access points risks diverting management focus from the core UniFi platform and hitting integration in existing markets.
Ubiquiti is expanding its UniFi ecosystem into industrial settings with new rugged DIN rail switches and a hardened U7 access point for factories and outdoor use. These products integrate directly into the existing platform, building on recent enterprise networking updates. Will this industrial push generate substantial additional growth or divert focus from core markets?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Communication Equipment · 293 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score82 · Top 25%
Fair Value upside+12.5% · Top 25%
Profitability
Return on equity (12 months)91.1% · Top 25%
Return on assets43.7% · Top 25%
Net margin (12 months)29.3% · Top 25%
Operating margin (12 months)36.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)23.5% · Above median
Dividend yield (12 months)0.6% · Below median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Ubiquiti Networks Inc (UI) overvalued or undervalued?
As of Oct 22, 2026, our model estimates a fair value of $670.29 versus a price of $595.62, about +13% upside (undervalued).
What is the fair value of UI?
Our model-based fair value for Ubiquiti Networks Inc is $670.29 (as of Oct 22, 2026), built from audited fundamentals. The current price: $595.62.
What is the quality score of UI?
Ubiquiti Networks Inc has a Quality Score of 82/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Ubiquiti Networks Inc (UI)?
Our model-based price target is the fair value of $670.29 (as of Oct 22, 2026) from 26 valuation models. Cautious scenario $410.80, optimistic scenario $1,060. It is a calculation from audited fundamentals, not an analyst target.
What is the Ubiquiti Networks Inc stock forecast for 2026?
Our models put fair value at $670.29, about +13% upside versus a price of $595.62 (undervalued). Cautious scenario $410.80, optimistic scenario $1,060. The calculation is refreshed regularly with new filings.
What is the revenue of Ubiquiti Networks Inc (UI)?
Ubiquiti Networks Inc reported trailing-twelve-month revenue of about $3.3B (latest available figure, as of Oct 22, 2026).
Does Ubiquiti Networks Inc pay a dividend?
Ubiquiti Networks Inc currently shows a dividend yield of 0.57% relative to its recent price (as of Oct 22, 2026).
What growth is priced into Ubiquiti Networks Inc (UI)?
For today's price to be fair in a discounted-cash-flow model, Ubiquiti Networks Inc would have to grow free cash flow by +22.9 % per year for five years (discount rate 9.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.5 % per year. As of Oct 22, 2026.
What discount rate (WACC) does the fair value of UI use?
Our models discount Ubiquiti Networks Inc at 9.9 %: a base by market capitalisation (large), damped by beta 1.31, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Ubiquiti Networks Inc that is +22.9 % per year a year over ten years, using the same discount rate (9.9 %) and the same formula as our fair value.
How much growth has Ubiquiti Networks Inc (UI) delivered so far?
Over the past 5 years revenue at Ubiquiti Networks Inc grew +11.5 % a year. The price currently implies +22.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Ubiquiti Networks Inc (UI) growing?
The median revenue growth in the sector is +10.8 % a year. That is the yardstick for the growth priced into Ubiquiti Networks Inc (+22.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ubiquiti Networks Inc (UI)?
The free-cash-flow yield on the price is 2.52 %: that much free cash flow Ubiquiti Networks Inc produces per unit of market value. When it exceeds the discount rate of our models (9.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ubiquiti Networks Inc (UI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ubiquiti Networks Inc it is $670.29 per share (as of Oct 22, 2026), against a price of $595.62. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Ubiquiti Networks Inc stock overvalued or undervalued in 2026?
As of Oct 22, 2026, UI trades below its calculated fair value: price $595.62, fair value $670.29, a gap of about +13% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of UI?
No. The price is what the market pays today ($595.62); the fair value is what the company's own numbers justify ($670.29). For Ubiquiti Networks Inc the two are $74.67 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ubiquiti Networks Inc worth?
The market values Ubiquiti Networks Inc at about $36.1B (market capitalisation, as of Oct 22, 2026). Per share that is $595.62; our models calculate a fair value of $670.29 per share.
What do the bullish and bearish scenarios say about UI?
Our models span a range for Ubiquiti Networks Inc: cautious scenario $410.80, base $670.29, optimistic $1,060 per share (as of Oct 22, 2026, price $595.62). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of UI?
Ubiquiti Networks Inc trades at a price-to-earnings ratio of 37.6 (as of Oct 22, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $670.29 is built from several models across several years. Other multiples: PEG 1.1, P/B 25.1, P/S 11.0, EV/EBITDA 29.5.
What is the PEG ratio of UI?
The PEG ratio of Ubiquiti Networks Inc is 1.10 (P/E divided by earnings growth, as of Oct 22, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Ubiquiti Networks Inc (UI)?
Balance-sheet figures for Ubiquiti Networks Inc (as of Oct 22, 2026): return on equity 91.1%. They feed the Quality Score of 82/100, which measures business quality independently of the share price.
How far is UI from its 52-week high?
Ubiquiti Networks Inc trades at $595.62, about 45% below its 52-week high of $1,081 and 16% above the low of $513.35 (as of Oct 22, 2026). Distance from the high says nothing about value: that is what the fair value of $670.29 is for.
Which stocks are comparable to Ubiquiti Networks Inc?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ubiquiti Networks Inc stock attractive at the current price?
The data as of Oct 22, 2026: price $595.62, calculated fair value $670.29 (+13%), Quality Score 82/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of UI calculated?
We run Ubiquiti Networks Inc through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $670.29, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. Ubiquiti Networks Inc currently trades 11 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ubiquiti Networks Inc (UI)?
The closing price on Oct 22, 2026 was $595.62. Our model-based fair value is $670.29, about +13% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ubiquiti Networks Inc right now?
A fairly wide model range ($410.80 to $1,060) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Ubiquiti Networks Inc (UI) come from?
Earnings per share at Ubiquiti Networks Inc grew +19.0 % a year from 2015 to 2026. Broken into its drivers: revenue per share +20.1 %, EBIT margin +0.2 %, tax rate −0.7 %, residual (interest, one-offs) −0.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Ubiquiti Networks Inc
How large is the market capitalisation of Ubiquiti Networks Inc (UI)?
The market capitalisation of Ubiquiti Networks Inc is $36.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ubiquiti Networks Inc (UI)?
The price-to-sales ratio of Ubiquiti Networks Inc is 11.0 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ubiquiti Networks Inc (UI)?
Earnings per share at Ubiquiti Networks Inc are $15.85 (price ÷ EPS = P/E 37.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ubiquiti Networks Inc (UI)?
The dividend yield of Ubiquiti Networks Inc is 0.6% (payout 21.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ubiquiti Networks Inc (UI)?
The net margin of Ubiquiti Networks Inc is 29.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ubiquiti Networks Inc (UI)?
The return on equity (ROE) of Ubiquiti Networks Inc is 91.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ubiquiti Networks Inc (UI)?
On an EBIT basis the return on assets of Ubiquiti Networks Inc is 49.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ubiquiti Networks Inc (UI)?
The operating margin of Ubiquiti Networks Inc is 36.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ubiquiti Networks Inc (UI)?
Revenue at Ubiquiti Networks Inc is growing +23.5% versus a year earlier (3y avg +19.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ubiquiti Networks Inc (UI)?
Earnings per share at Ubiquiti Networks Inc are growing +6.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Ubiquiti Networks Inc (UI) hold?
Ubiquiti Networks Inc holds more cash than debt, $443M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Oct 22, 2026