Is UI a good stock to buy? We came across a bearish thesis on Ubiquiti Inc. on Hunterbrook’s Substack. In this article, we will summarize the bears’ thesis on UI. Ubiquiti Inc.'s share was trading at $769.58 as of March 10th. UI’s trailing and forward P/E were 52.46 and 42.73, respectively according to Yahoo Finance.
Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers in North America and internationally. UI has come under scrutiny following newly surfaced Department of Justice documents revealing that its equipment was central to...
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