Uniti Group (NASDAQ:UNIT) Stock Falls 9.4% on Disappointing Earnings

Uniti Group Inc. (NASDAQ:UNIT) dropped 9.4% during trading on Tuesday following a weaker than expected earnings announcement. The company traded as low as $3.99 and last traded at $3.9850. 6,054,087 shares changed hands during trading, an increase of 130% from the average daily volume of 2,634,736 shares. The stock had previously closed at $4.40.

The real estate investment trust reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.54) by ($0.49). The business had revenue of $848.10 million for the quarter, compared to the consensus estimate of $855.83 million. Uniti Group had a negative return on equity of 133.07% and a net margin of 28.68%.

Uniti Group News Roundup

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. Its 2026 revenue outlook is $3.7 billion, in line with consensus, rather than a forecast beat. Uniti Group Q3 results
• Positive Sentiment: Kinetic reported adding 162,000 fiber locations across its 18-state footprint in Q3, including new builds in Texas, Georgia, Oklahoma, Kentucky and North Carolina. The expansion could support future broadband growth, though the announcements did not quantify its financial impact. Kinetic fiber expansion
• Neutral Sentiment: JPMorgan cut its price target to $9 from $11 but maintained a neutral rating. The lower target signals reduced expectations, while still indicating substantial potential upside from the share price cited in the report. JPMorgan analyst recommendations
• Negative Sentiment: Q3 EPS was a loss of $1.03, versus analysts’ expected loss of $0.54; revenue of $848.1 million also fell short of the $855.8 million consensus. The loss was worse than the $0.16-per-share profit a year earlier. Q3 earnings report
• Negative Sentiment: Wells Fargo lowered its target to $4 from $9 and kept an equal-weight rating, reflecting sharply reduced expectations. Wells Fargo analyst recommendations

Analyst Ratings Changes

Several research firms have recently commented on UNIT. TD Cowen reduced their price target 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. JPMorgan Chase & Co. decreased their target price on shares of Uniti Group from $11.00 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday. Raymond James Financial reiterated a “strong-buy” rating and issued a $12.00 price target on shares of Uniti Group in a report on Tuesday. Wells Fargo & Company lowered 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 report on Tuesday. Finally, Weiss Ratings cut Uniti Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Uniti Group currently has a consensus rating of “Hold” and a consensus price target of $10.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fortitude Family Office LLC increased its stake in Uniti Group by 7,156.7% in 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 purchasing an additional 4,294 shares during the last quarter. KBC Group NV acquired a new stake in Uniti Group during the 1st quarter worth approximately $43,000. Parallel Advisors LLC grew 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 valued at $40,000 after buying an additional 4,427 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of 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 in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Uniti Group during the 2nd quarter worth approximately $95,000. 87.51% of the stock is owned by institutional investors and hedge funds.

Uniti Group Price Performance

The company has a 50-day simple moving average of $7.53 and a 200-day simple moving average of $9.36. The stock has a market cap of $967.28 million, a PE ratio of 1.47 and a beta of 1.45.

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.