UNIT Stock Price Prediction

Uniti Group Inc

UNIT

Uniti Group Inc

4.930

+0.090(+1.860%)

UNIT Price Prediction Next Week

Prediction and Recommendation for UNIT Stock

Based on the analysis of news sentiment and technical indicators, here is the prediction for UNIT stock:

News Sentiment Analysis:

Analyst Upgrade: Raymond James upgraded Uniti Group (UNIT) to Strong Buy from Outperform, raising the price target from $6 to $8, anticipating that the company will be recognized as a valuable fiber-to-the-home investment as its merger with Windstream approaches completion in mid-2025.
Long-term Value: The analyst believes that Uniti's fiber-to-the-home and commercial leasing business, along with the merger, will generate significant value for shareholders who are patient and willing to overlook short-term fluctuations.
Analyst Rating and Price Target: RBC Capital analyst Bora Lee has maintained a Hold rating on Uniti Group with a price target of $6.00, while the current consensus is a Moderate Buy with an average price target of $7.67.

Technical Indicators Analysis:

RSI: The RSI values for UNIT are 43.77 (6-period), 42.83 (12-period), and 42.95 (14-period), indicating a neutral position and no clear overbought or oversold signals.
MACD: The MACD line is slightly below the signal line (-0.13), indicating a bearish trend, but the difference is minimal, suggesting a potential reversal.
Fibonacci Levels: The Fibonacci pivot point is at 4.9900, with resistance levels at 5.1900 (R1) and 5.3100 (R2), and support levels at 4.7900 (S1) and 4.6700 (S2).

Price Prediction:

Based on the Fibonacci levels and the recent price action, the stock is expected to test the resistance level at 5.1900. If it breaks above this level, the next target could be 5.3100. However, if it fails to break above 5.1900, it may drop to the support level at 4.7900.

Buy/Sell Recommendation:

Given the current technical indicators and the positive news sentiment, it is recommended to buy UNIT stock at the current price of 5.00, with a target price of 5.20. The stop-loss should be set at 4.80 to limit potential losses.

Prediction and Recommendation for UNIT Stock

Based on the analysis of news sentiment and technical indicators, here is the prediction for UNIT stock:

News Sentiment Analysis:

Analyst Upgrade: Raymond James upgraded Uniti Group (UNIT) to Strong Buy from Outperform, raising the price target from $6 to $8, anticipating that the company will be recognized as a valuable fiber-to-the-home investment as its merger with Windstream approaches completion in mid-2025.
Long-term Value: The analyst believes that Uniti's fiber-to-the-home and commercial leasing business, along with the merger, will generate significant value for shareholders who are patient and willing to overlook short-term fluctuations.
Analyst Rating and Price Target: RBC Capital analyst Bora Lee has maintained a Hold rating on Uniti Group with a price target of $6.00, while the current consensus is a Moderate Buy with an average price target of $7.67.

Technical Indicators Analysis:

RSI: The RSI values for UNIT are 43.77 (6-period), 42.83 (12-period), and 42.95 (14-period), indicating a neutral position and no clear overbought or oversold signals.
MACD: The MACD line is slightly below the signal line (-0.13), indicating a bearish trend, but the difference is minimal, suggesting a potential reversal.
Fibonacci Levels: The Fibonacci pivot point is at 4.9900, with resistance levels at 5.1900 (R1) and 5.3100 (R2), and support levels at 4.7900 (S1) and 4.6700 (S2).

Price Prediction:

Buy/Sell Recommendation:

UNIT Similar Chart Price Prediction

The price of UNIT is predicted to go up 34.01%, based on the high correlation periods with BTCS. The similarity of these two price pattern on the periods is 96.57%.

UNIT

Future prediction

Up: 34.01%

BTCS

Up: 34.01%Similarity: 96.57%

UNIT Revenue Forecast

UNIT EPS Forecast

UNIT FAQs

What is UNIT revenue forecast for next quarter？

The market consensus for UNIT's revenue in the upcoming quarter is projected to be approximately $295.386M USD.

UNIT VS S&P500

Uniti Group Inc

SPDR S&P 500

Completion of the merger with Windstream will reduce the significant financial risk and customer concentration Uniti has independently, while also diversifying the firm's operations into the growing fiber broadband market.

Uniti's renegotiation of its Windstream lease gives the ability to add new leases to existing fiber, which can be very lucrative, as it requires little new spending.

There is less competition to provide fiber exists in the second- and third-tier cities where Uniti operates, and Uniti's network will be in demand to facilitate ever-growing data transport needs.

Ask Intellectia about UNIT

UNIT Analyst's Forecast

Frank Louthan

Raymond James

Buy → Strong Buy

2025-02-24

Price Target

$6 → $8

Upside

+38.65%

Raymond James analyst Frank Louthan upgraded Uniti Group to Strong Buy from Outperform with a price target of $8, up from $6. The firm believes Uniti will begin to be viewed as the next fiber-to-the-home "diamond in the rough" as the merger with Windstream reaches a close in mid-2025. The long-term value of Uniti's fiber-to-the-home and its commercial fiber and leasing business, as well as the merger should create value for shareholders "willing to look through the noise," the analyst tells investors in a research note.