Universal Electronics (NASDAQ:UEIC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.450-0.650 for the period, compared to the consensus earnings per share estimate of 0.130. The company issued revenue guidance of -.
Universal Electronics Stock Up 9.7%
Shares of NASDAQ:UEIC traded up $0.47 during midday trading on Friday, reaching $5.27. The company had a trading volume of 166,568 shares, compared to its average volume of 51,854. The business’s 50 day moving average price is $4.40 and its 200 day moving average price is $4.20. The stock has a market cap of $66.52 million, a PE ratio of -3.52 and a beta of 1.19. Universal Electronics has a 1-year low of $2.69 and a 1-year high of $5.99.
Universal Electronics (NASDAQ:UEIC – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.03 by $0.31. The firm had revenue of $73.24 million during the quarter, compared to analysts’ expectations of $78.13 million. Universal Electronics had a positive return on equity of 0.41% and a negative net margin of 5.54%.Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.
Universal Electronics Dividend Announcement
Analyst Upgrades and Downgrades
UEIC has been the subject of a number of recent analyst reports. Rosenblatt Securities reiterated a “neutral” rating and issued a $5.00 price target on shares of Universal Electronics in a research note on Friday. Wall Street Zen cut shares of Universal Electronics from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Weiss Ratings upgraded shares of Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Universal Electronics has a consensus rating of “Reduce” and an average target price of $4.25.
Check Out Our Latest Analysis on UEIC
Universal Electronics News Summary
Here are the key news stories impacting Universal Electronics this week:
- Positive Sentiment: Q2 profitability exceeded expectations: Universal Electronics reported quarterly EPS of $0.34, well above the $0.03 consensus estimate. Operating profit improved to $4.8 million, while net income attributable to common shareholders reached $1.6 million versus a loss in the prior-year period. Operating cash flow was $6.3 million. Universal Electronics quarterly earnings report
- Positive Sentiment: Raised earnings outlook: UEIC provided fiscal 2026 EPS guidance of $0.45 to $0.65, substantially above the current analyst consensus estimate of $0.13. The company’s earnings call also gives investors additional management commentary on its operating strategy and outlook. UEIC Q2 2026 earnings call transcript
- Positive Sentiment: Leadership and shareholder-return developments: The company announced a new CEO and declared a $0.24-per-share dividend, payable October 15 to shareholders of record August 24. Universal Electronics posts Q2 profit and names new CEO
- Positive Sentiment: Patent litigation against Amazon: UEIC sued Amazon, alleging infringement of smart-device patents. A favorable outcome could create licensing or damages potential, although litigation results and timing remain uncertain. Amazon sued by Universal Electronics
- Neutral Sentiment: Analyst stance remains cautious: Rosenblatt Securities reaffirmed its “neutral” rating and set a $5.00 price target, below the stock’s recent trading level. Benzinga analyst coverage
- Negative Sentiment: Revenue remains a concern: Q2 revenue of approximately $73.2 million fell 25% year over year and missed estimates near $78 million. Reported insider activity also showed sales without purchases over the past six months, a potentially cautionary signal.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of UEIC. Man Group plc lifted its holdings in shares of Universal Electronics by 2.9% during the fourth quarter. Man Group plc now owns 102,924 shares of the technology company’s stock worth $372,000 after buying an additional 2,905 shares in the last quarter. State Street Corp increased its position in Universal Electronics by 9.7% during the fourth quarter. State Street Corp now owns 56,520 shares of the technology company’s stock worth $204,000 after acquiring an additional 5,000 shares during the period. Empowered Funds LLC increased its position in Universal Electronics by 9.8% during the fourth quarter. Empowered Funds LLC now owns 66,178 shares of the technology company’s stock worth $239,000 after acquiring an additional 5,900 shares during the period. Citadel Advisors LLC raised its stake in Universal Electronics by 12.3% in the 3rd quarter. Citadel Advisors LLC now owns 78,005 shares of the technology company’s stock worth $364,000 after purchasing an additional 8,547 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Universal Electronics by 15.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,341 shares of the technology company’s stock worth $222,000 after purchasing an additional 4,893 shares in the last quarter. Institutional investors and hedge funds own 79.35% of the company’s stock.
About Universal Electronics
Universal Electronics Inc (NASDAQ:UEIC) is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.
In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.
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