Uniti Group (UNIT)
NASDAQCommunication ServicesReit - SpecialtySnapshot 2026-09-09
$10.04-2.05%
Close 2026-09-09 · 1-day change
NASDAQCommunication ServicesReit - SpecialtySnapshot 2026-09-09
Warn: Primary pillar under pressure — Achieve adjusted EBITDA of $1.425 to $1.475 billion in 2026: FY26 EBITDA guidance ~$1.4B vs $1.43B target.
Uniti Group aims to grow revenue to about $3.6 billion in 2026. The company targets adjusted EBITDA near $1.45 billion. It manages net loss within $400 to $450 million. Expansion of fiber networks supports these goals.
Execution risks could hurt revenue and EBITDA growth. The company is cutting guidance and faces litigation. Losses remain large and free cash flow is negative.
The price is about 55% below our fair value near $23. Analysts expect about 12% revenue growth. Our view is more optimistic than the Street, which values the stock near $12.
Breaks if: Adjusted EBITDA falls below $1.425 billion in 2026
Breaks if: Net loss exceeds $450 million in 2026
Breaks if: Annual revenue falls below $3.6 billion in 2026
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround story in the Communication Services sector. The current thesis is shaped by management's focus on achieving revenue and EBITDA guidance while navigating a challenging sector backdrop.
The market currently prices UNIT as cheap compared to its peers, with a notable expectations gap. The valuation reflects a justified stance, indicating that investors may not fully account for potential positive developments.
Management is on track to meet its revenue and adjusted EBITDA guidance, though the net loss management shows mixed results. Recent financial performance has been neutral, with a moderate risk profile due to the company's history of earnings misses.
The thesis hinges on the performance of sector bellwethers like GOOGL, META, and NFLX. Positive earnings from these companies could provide momentum, while any guidance cuts could negatively impact UNIT's outlook.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company aims to expand its fiber-to-the-home build to reach 3.5 million homes by the end of 2029. However, it recently missed earnings expectations and faces challenges managing a net loss within guidance of $480 to $530 million.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Overall, UNIT's trajectory appears stable, but attention is needed on sector developments and management execution. Not investment advice.