This article summarizes a bearish thesis on Ubiquiti Inc. (UI), highlighting the company’s growing reputational and legal risks due to its networking equipment reaching Russian forces despite sanctions. An investigation found Ubiquiti devices are critical to Russian drone operations in Ukraine, leading to potential regulatory penalties, litigation, and public backlash. The company’s stock was trading at $548.24 with trailing and forward P/E ratios of 43.55 and 40.00, respectively, as of February 4th.
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Ubiquiti Inc. (UI): A Bear Case Theory
This article summarizes a bearish thesis on Ubiquiti Inc. (UI), highlighting the company’s growing reputational and legal risks due to its networking equipment reaching Russian forces despite sanctions. An investigation found Ubiquiti devices are critical to Russian drone operations in Ukraine, leading to potential regulatory penalties, litigation, and public backlash. The company’s stock was trading at $548.24 with trailing and forward P/E ratios of 43.55 and 40.00, respectively, as of February 4th.