Barclays Updates Ubiquiti Inc. (UI) Outlook After Q2 Results

Ubiquiti Inc. (NYSE:UI) is included among 12 Unstoppable Dividend Stocks to Buy According to Analysts.

On February 4, Barclays analyst Tim Long raised the firm’s price recommendation on Ubiquiti Inc. (NYSE:UI) to $527 from $455. The firm maintained an Underweight rating on the shares. The change followed an update to the firm’s model after the fiscal Q2 report.

Ubiquiti reported fiscal Q2 2026 earnings on February 8. Revenue came in at $814.8 million, up 35.8% from the same period last year. The company said revenue growth versus both the prior quarter and the year-ago period was driven by higher contributions from the Enterprise Technology platform and the Service Provider Technology platform.

During the second quarter of fiscal 2026, research and development expenses totaled $50.8 million. This was higher than the $48.5 million recorded in the prior quarter and above the $40.0 million reported in the comparable period last year. The increase from the prior quarter was mainly tied to higher prototype-related costs. The year-over-year increase was largely driven by higher employee-related expenses along with additional prototype spending.

Sales, general, and administrative expenses for the quarter reached $30.3 million. That compares with $27.1 million in the previous quarter and $28.5 million in the same quarter last year.

Ubiquiti Inc. (NYSE:UI) develops technology platforms focused on distributed internet access, unified information technology, and consumer electronics used in professional, home, and personal settings. Its solutions are organized around high-performance networking technology for enterprises, service providers, and consumers.

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Disclosure: None.