Ubiquiti Inc. (NYSE:UI) defied analyst predictions to release its quarterly results, which were ahead of market expectations. Ubiquiti delivered a significant beat with revenue hitting US$815m and statutory EPS reaching US$3.86, both beating estimates by more than 10%. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

Taking into account the latest results, the most recent consensus for Ubiquiti from lone analyst is for revenues of US$3.16b in 2026. If met, it would imply a satisfactory 6.2% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 2.2% to US$15.00. Before this earnings report, the analyst had been forecasting revenues of US$3.06b and earnings per share (EPS) of US$14.61 in 2026. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

It will come as no surprise to learn that the analyst has increased their price target for Ubiquiti 6.1% to US$624on the back of these upgrades.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The analyst is definitely expecting Ubiquiti's growth to accelerate, with the forecast 13% annualised growth to the end of 2026 ranking favourably alongside historical growth of 9.4% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 11% annually. Ubiquiti is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Ubiquiti's earnings potential next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Ubiquiti will grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Ubiquiti going out as far as 2027, and you can see them free on our platform here.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.