UNIT Stock Summary and Trading Ideas (Uniti Group | NASDAQ:UNIT)

Uniti is the product of the August 2025 merger of the firm with Windstream, its former primary customer. The combined firm owns a 240,000 route-mile fiber network that serves enterprise and residential customers. Selling high-capacity fiber circuits to enterprises generates about 20% of consolidated revenue. Uniti's residential networks reach about 4.5 million households, mostly in less-populated markets in the Southeast, but only about 1.9 million of these locations have been upgraded with fiber. Legacy copper-cable networks serve the remainder. Residential services account for about a third of total revenue. Small business and wholesale services provided within this residential service territory account for about 20% of revenue.

Uniti Group trades on the NASDAQ stock market under the symbol UNIT.

As of August 6, 2026, UNIT stock price declined to $9.61 with 2,154,987 million shares trading.

UNIT has a beta of 1.50, meaning it tends to be more sensitive to market movements. UNIT has a correlation of 0.10 to the broad based SPY ETF.

UNIT has a market cap of $2.33 billion. This is considered a Mid Cap stock.

Last quarter Uniti Group reported $910 million in Revenue and -$.68 earnings per share. This beat revenue expectation by $24 million and missed earnings estimates by -$.25.

In the last 3 years, UNIT traded as high as $12.94 and as low as $2.57.

The top ETF exchange traded funds that UNIT belongs to (by Net Assets): IJR, VTI, DTCR, VB, IWM.

UNIT has outperformed the market in the last year with a return of +32.6%, while the SPY ETF gained +23.6%. However, in the most recent history, UNIT shares have underperformed the stock market with its stock returning -16.4% in the last 3 month period and -13.7% for the last 2 week period, while SPY has returned +6.5% and +2.8%, respectively.

UNIT support price is $9.41 and resistance is $9.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UNIT shares will trade within this expected range on the day.