UTStarcom (UTSI)
Market Price (6/14/2026): $3.03 | Market Cap: $27.0 MilSector: Information Technology | Industry: Communications Equipment
UTStarcom (UTSI)
Market Price (6/14/2026): $3.03Market Cap: $27.0 MilSector: Information TechnologyIndustry: Communications Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -121% | Trading close to highsDist 52W High is -3.5% Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -86% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.6% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -43%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.9% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -38% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18% Key risksUTSI key risks include [1] significant revenue decline and persistent losses driving a high cash burn rate, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -121% |
| Trading close to highsDist 52W High is -3.5% |
| Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -86% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.6% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -43%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.9% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -38% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18% |
| Key risksUTSI key risks include [1] significant revenue decline and persistent losses driving a high cash burn rate, Show more. |
Qualitative Assessment
AI Analysis | Feedback
UTStarcom (UTSI) stock has gained about 30% since 2/28/2026 because of the following key factors:
1. Strategic Pivot to AI Networking. On March 24, 2026, UTStarcom announced a strategic pivot to AI Networking, leveraging its optical networking and intelligent network automation expertise. This initiative focuses on developing comprehensive Optical Circuit Switching (OCS) solutions tailored for AI Data Centers, with a functional prototype anticipated in the second half of fiscal year 2026, aiming to address critical infrastructure demands for massive bandwidth and lower latency.
2. Market Speculation on Future Growth. Despite reporting a net loss of $7.95 million for fiscal year 2025, as announced on March 24, 2026, the stock experienced an approximate 35% gain since February 28, 2026. This upward trend was largely driven by speculative investor interest, anticipating future growth and market share in the high-growth AI infrastructure sector, rather than reflecting strong recent financial performance.
Show more
Stock Movement Drivers
Fundamental Drivers
The 30.7% change in UTSI stock from 2/28/2026 to 6/13/2026 was primarily driven by a 30.7% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.43 | 3.17 | 30.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 66 | 0.0% |
| P/S Multiple | 0.3 | 0.4 | 30.7% |
| Shares Outstanding (Mil) | 9 | 9 | 0.0% |
| Cumulative Contribution | 30.7% |
Market Drivers
2/28/2026 to 6/13/2026| Return | Correlation | |
|---|---|---|
| UTSI | 30.7% | |
| Market (SPY) | 8.4% | -2.6% |
| Sector (XLK) | 33.3% | -5.9% |
Fundamental Drivers
The 27.0% change in UTSI stock from 11/30/2025 to 6/13/2026 was primarily driven by a 27.0% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.50 | 3.17 | 27.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 66 | 0.0% |
| P/S Multiple | 0.3 | 0.4 | 27.0% |
| Shares Outstanding (Mil) | 9 | 9 | 0.0% |
| Cumulative Contribution | 27.0% |
Market Drivers
11/30/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| UTSI | 27.0% | |
| Market (SPY) | 9.2% | 4.0% |
| Sector (XLK) | 29.5% | 5.3% |
Fundamental Drivers
The 21.6% change in UTSI stock from 5/31/2025 to 6/13/2026 was primarily driven by a 21.6% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.61 | 3.17 | 21.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 66 | 0.0% |
| P/S Multiple | 0.4 | 0.4 | 21.6% |
| Shares Outstanding (Mil) | 9 | 9 | 0.0% |
| Cumulative Contribution | 21.6% |
Market Drivers
5/31/2025 to 6/13/2026| Return | Correlation | |
|---|---|---|
| UTSI | 21.6% | |
| Market (SPY) | 27.3% | 4.4% |
| Sector (XLK) | 61.0% | 3.5% |
Fundamental Drivers
The -18.6% change in UTSI stock from 5/31/2023 to 6/13/2026 was primarily driven by a -18.6% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6132026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.90 | 3.17 | -18.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 66 | 0.0% |
| P/S Multiple | 0.5 | 0.4 | -18.6% |
| Shares Outstanding (Mil) | 9 | 9 | 0.0% |
| Cumulative Contribution | -18.6% |
Market Drivers
5/31/2023 to 6/13/2026| Return | Correlation | |
|---|---|---|
| UTSI | -18.6% | |
| Market (SPY) | 84.5% | 1.6% |
| Sector (XLK) | 129.7% | 2.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| UTSI Return | -37% | 2% | -3% | -16% | -12% | 30% | -40% |
| Peers Return | 72% | -17% | -21% | 24% | 40% | 44% | 182% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| UTSI Win Rate | 25% | 42% | 25% | 42% | 50% | 67% | |
| Peers Win Rate | 55% | 40% | 47% | 55% | 57% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| UTSI Max Drawdown | -64% | -37% | -37% | -33% | -32% | -12% | |
| Peers Max Drawdown | -31% | -50% | -52% | -35% | -40% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CIEN, CALX, ADTN, EXTR, RBBN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)
How Low Can It Go
| Event | UTSI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -16.0% | -18.8% |
| % Gain to Breakeven | 19.0% | 23.1% |
| Time to Breakeven | 15 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -12.1% | -9.5% |
| % Gain to Breakeven | 13.8% | 10.5% |
| Time to Breakeven | 5 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.9% | -24.5% |
| % Gain to Breakeven | 44.8% | 32.4% |
| Time to Breakeven | 40 days | 427 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.6% | -19.2% |
| % Gain to Breakeven | 50.6% | 23.8% |
| Time to Breakeven | 50 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -15.1% | -3.7% |
| % Gain to Breakeven | 17.8% | 3.9% |
| Time to Breakeven | 42 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -10.5% | -12.2% |
| % Gain to Breakeven | 11.7% | 13.9% |
| Time to Breakeven | 7 days | 62 days |
In The Past
UTStarcom's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | UTSI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.9% | -24.5% |
| % Gain to Breakeven | 44.8% | 32.4% |
| Time to Breakeven | 40 days | 427 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.6% | -19.2% |
| % Gain to Breakeven | 50.6% | 23.8% |
| Time to Breakeven | 50 days | 105 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -42.4% | -6.8% |
| % Gain to Breakeven | 73.6% | 7.3% |
| Time to Breakeven | 833 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -38.2% | -17.9% |
| % Gain to Breakeven | 61.8% | 21.8% |
| Time to Breakeven | 23 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -77.3% | -53.4% |
| % Gain to Breakeven | 341.3% | 114.4% |
| Time to Breakeven | 387 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -51.0% | -8.6% |
| % Gain to Breakeven | 104.2% | 9.5% |
| Time to Breakeven | 302 days | 47 days |
In The Past
UTStarcom's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About UTStarcom (UTSI)
AI Analysis | Feedback
- Nokia or Ericsson, but focused on providing network infrastructure to telecom and cable companies.
- Cisco Systems or Juniper Networks, but specializing in the core network technology for large internet service providers.
AI Analysis | Feedback
The major products of UTStarcom (UTSI) are:- Packet Transport Network: Technology and infrastructure for efficiently moving data packets across a network.
- Packet Aggregation Network: Solutions for consolidating multiple data streams into a single, high-capacity link.
- Multi-Services Access Network: Systems that allow various types of services (voice, data, video) to be delivered over a single access infrastructure.
- Fiber to the X (FTTx): Fiber optic solutions that bring broadband services closer to the end-user, such as fiber to the home or curb.
- Carrier Wi-Fi Solutions: Enterprise-grade Wi-Fi systems designed for telecommunications carriers to provide extensive wireless coverage.
- Software Defined Network (SDN) Controller Products: Software and hardware that centralize control and management of network infrastructure.
- Smart Retail Products: Solutions aimed at enhancing retail operations through technology.
AI Analysis | Feedback
UTStarcom (UTSI) sells primarily to other companies, specifically telecommunications and cable service providers.
Based on their recent financial disclosures, UTStarcom's major customers include:
- China Unicom (specifically through its subsidiary China Unicom Global Limited) (NYSE: CHU, HKEX: 0762.HK)
- BSNL (Bharat Sanchar Nigam Limited)
AI Analysis | Feedback
nullAI Analysis | Feedback
Hua Li, Chief Executive Officer & Director
Mr. Hua Li serves as the Chief Executive Officer and a Director of UTStarcom Holdings Corp..
Danjun Xie, Chief Financial Officer
Mr. Danjun Xie holds the position of Chief Financial Officer at UTStarcom Holdings Corp..
Dr. Lingrong Lu, Chief Technology Officer
Dr. Lingrong Lu is the Chief Technology Officer of UTStarcom Holdings Corp..
Yinghua Chen, Chief Human Resource Officer
Ms. Yinghua Chen serves as the Chief Human Resource Officer for UTStarcom Holdings Corp..
Fei Wang, Director of Investor Relations
Ms. Fei Wang is the Director of Investor Relations at UTStarcom Holdings Corp..
AI Analysis | Feedback
UTStarcom Holdings Corp. (UTSI) faces several key risks inherent to its business as a global telecom infrastructure provider. These risks are primarily driven by the dynamic nature of the telecommunications industry, global supply chain complexities, and the company's international operational footprint. The most significant risks to UTStarcom's business include: 1. **Failure to Adapt to Technological Shifts and Intense Competition.** The telecommunications industry is characterized by rapid technological advancements and fierce competition. UTStarcom's ability to remain competitive hinges on its capacity to anticipate new technological trends, such as 5G, Software-Defined Networking (SDN), and Network Function Virtualization (NFV), and to develop innovative products and solutions that meet evolving market needs in a timely manner. A failure to do so could lead to a loss of market share and declining revenues. 2. **Supply Chain Dependence and Disruptions.** As a provider of network infrastructure products, UTStarcom relies on a global supply chain for components and manufacturing partners. The company faces risks associated with the concentration of suppliers, potential disruptions in the supply chain, shipping delays, shortages of materials or components, challenges in quality control, and the impact of regulatory changes. Such issues can significantly harm UTStarcom's ability to produce and deliver its products efficiently, increase costs, and ultimately affect its financial condition and operating results. 3. **Dependence on International Sales and Geopolitical Risks.** UTStarcom derives a significant portion of its revenues from international sales, operating in regions such as China, India, Japan, and Taiwan. This global presence exposes the company to various risks, including adverse global and regional economic conditions, fluctuations in currency exchange rates, changes in trade policies, tariffs, and other regulatory requirements that vary by jurisdiction. Geopolitical tensions or instability in key markets could also adversely affect its business, financial condition, and operating results.AI Analysis | Feedback
The shift towards open, disaggregated, and virtualized network architectures, such as Open RAN and white-box networking, which allows telecommunication and cable service providers to utilize generic hardware and open-source or multi-vendor software components, thereby reducing the demand for proprietary, integrated hardware and software products like those offered by UTStarcom.AI Analysis | Feedback
UTStarcom (symbol: UTSI) operates as a telecom infrastructure provider with a range of products and services. The addressable markets for their main products are as follows:
- Fiber to the X (FTTX): The global Fiber to the X market was valued at approximately USD 15.22 billion in 2024 and is projected to reach nearly USD 26.74 billion by 2032, with a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032. Another estimate places the global market at USD 14.2 billion in 2024, growing to USD 29.84 billion by 2033 with an 8.6% CAGR. The Asia-Pacific region dominated the global FTTX market in 2024, driven by large-scale government initiatives in countries such as China, India, Japan, and South Korea. China is the largest market within Asia-Pacific, accounting for approximately 60% of the regional share, followed by Japan at around 15%.
- Carrier Wi-Fi Solutions: The global carrier Wi-Fi equipment market was valued at USD 6.6 billion in 2024 and is projected to grow at a CAGR of 6.2% between 2025 and 2034, reaching USD 11.8 billion by 2034. Another report estimates the global market at USD 5.3 billion in 2023, projected to reach USD 17.8 billion by 2030, growing at a CAGR of 18.8%. In Asia-Pacific, China accounted for the largest revenue share of 34.59% in the carrier Wi-Fi equipment market in 2024, with India growing at a 7.8% CAGR and China at an 8.4% CAGR.
- Software Defined Network (SDN) Controller Products: The global Software Defined Networking market size was valued at USD 45.21 billion in 2025 and is projected to reach USD 203.86 billion by 2034, exhibiting a CAGR of 18.22% during the forecast period. The Asia Pacific market is expected to demonstrate significant growth, with China leading with a 23.0% CAGR from 2025 to 2035 and India following at 21.3%. In 2022, the China market dominated the Asia Pacific Software Defined Networking Market, projected to reach USD 5,366 million by 2030.
- Smart Retail Products: The global smart retail market size was estimated at USD 43.13 billion in 2024 and is projected to reach USD 450.69 billion by 2033, growing at a CAGR of 30.3% from 2025 to 2033. The Asia Pacific smart retail market size was valued at USD 13.05 billion in 2024 and is projected to grow to USD 198.16 billion by 2034, with a CAGR of 31.3% during 2025–2034. China dominated the Asia Pacific smart retail market revenue share in 2024, projected to reach USD 15,650.1 million by 2030.
- Packet Transport Network (PTN) Equipment: The global packet transport network (PTN) equipment market is valued at approximately USD 5.2 billion in 2024 and is anticipated to reach around USD 8.9 billion by 2033, reflecting a CAGR of 7.5% from 2025 to 2033.
- Packet Aggregation Network (represented by Network Packet Broker and Aggregation Services Routers): The global network packet broker market size was valued at USD 814.27 million in 2024 and is expected to reach USD 1575.46 million by 2032, at a CAGR of 8.60%. Another estimate places the global network packet broker market at approximately USD 800 million in 2023, projected to reach around USD 2,500 million by 2032, growing at a CAGR of 14.2%. The global market for Aggregation Services Routers was estimated to be worth US$ 867 million in 2025 and is projected to reach US$ 1246 million, growing at a CAGR of 5.4% from 2026 to 2032.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for UTStarcom (UTSI)
- Expansion in 5G Transport Network Solutions and Advanced Network Technologies: UTStarcom anticipates future revenue growth from its focus on next-generation network solutions, particularly in 5G infrastructure. The company secured a multi-million dollar contract with China Telecom in early 2025 for 5G transport network routers and expects additional purchase orders throughout 2025. This includes leveraging its expertise in disaggregated 5G transport networks and continuing technological innovation in advanced telecommunications solutions. The recent launch of SkyFlux SPN310 for enterprise and metro edge networks also signals a commitment to new product development in advanced solutions.
- Geographical Market Expansion: The company is strategically pursuing expansion into new geographical markets, with a notable focus on Europe. UTStarcom completed the development of a customized NetRing TN704ES product for a European mobile operator and expects orders for this product in 2025. Furthermore, the company has received network expansion orders from European and Indian customers, indicating efforts to re-establish and grow its presence in these regions.
- Continued Growth from Maintenance and Support Services: UTStarcom maintains a revenue stream from providing post-sale support and maintenance services for its deployed solutions such as PTN, NMS, SyncRing, and IMS to customers globally. Although services revenue experienced a decrease in recent periods, ongoing contracts and new network expansion orders for these solutions are expected to contribute to future revenue.
- Securing New Projects and Strategic Partnerships: A core component of UTStarcom's growth strategy involves actively securing new projects and diversifying its product portfolio through strategic alliances. The significant contract win with China Telecom Research Institute for 5G transport network routers exemplifies this approach. Collaborations with major telecommunication carriers for bespoke product development and ongoing relationships are crucial for operational success and market expansion.
AI Analysis | Feedback
Capital Allocation Decisions for UTStarcom (UTSI) over the last 3-5 years:
Share Issuance
- UTStarcom Holdings Corp. reported minor common stock issuances, with recorded amounts of $2,000 and $4,000. [cite: 7 - *from previous search, not latest output, referring to NASDAQ - Weiss Ratings cash flow*]
Capital Expenditures
- The company's capital expenditures have been modest, with reported annual figures including approximately $158,000, $168,500, $179,000, $217,000, and $255,000. [cite: 7 - *from previous search, not latest output, referring to NASDAQ - Weiss Ratings cash flow*]
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is UTStarcom Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.18 |
| Mkt Cap | 1.9 |
| Rev LTM | 1,091 |
| Op Inc LTM | 23 |
| FCF LTM | 69 |
| FCF 3Y Avg | 40 |
| CFO LTM | 116 |
| CFO 3Y Avg | 82 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 16.9% |
| Rev Chg 3Y Avg | 0.5% |
| Rev Chg Q | 13.4% |
| QoQ Delta Rev Chg LTM | 3.1% |
| Op Inc Chg LTM | 139.2% |
| Op Inc Chg 3Y Avg | 34.3% |
| Op Mgn LTM | 1.9% |
| Op Mgn 3Y Avg | 1.3% |
| QoQ Delta Op Mgn LTM | 1.3% |
| CFO/Rev LTM | 9.7% |
| CFO/Rev 3Y Avg | 8.2% |
| FCF/Rev LTM | 5.7% |
| FCF/Rev 3Y Avg | 4.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.9 |
| P/S | 1.7 |
| P/Op Inc | 76.4 |
| P/EBIT | 28.1 |
| P/E | 44.7 |
| P/CFO | 16.7 |
| Total Yield | 0.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.3% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.1% |
| 3M Rtn | 31.6% |
| 6M Rtn | 71.2% |
| 12M Rtn | 69.7% |
| 3Y Rtn | 9.6% |
| 1M Excs Rtn | 0.3% |
| 3M Excs Rtn | 19.6% |
| 6M Excs Rtn | 46.6% |
| 12M Excs Rtn | 39.4% |
| 3Y Excs Rtn | -57.8% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net services sales | 9 | 11 | 12 | 14 | 12 |
| Net equipment sales | 1 | 5 | 2 | 2 | 12 |
| Total | 11 | 16 | 14 | 16 | 24 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Net equipment sales | 12 | 7 | 24 | 35 | 73 |
| Net services sales | 6 | 1 | -3 | -4 | -1 |
| General and Corporate | -23 | -22 | -34 | -63 | -51 |
| Total | -5 | -14 | -13 | -33 | 21 |
| $ Mil | 2008 | 2007 | 2005 |
|---|---|---|---|
| Multimedia Communications | 602 | 606 | |
| Broadband Infrastructure | 338 | 519 | |
| Handsets | 288 | 360 | 547 |
| Net services sales | 76 | 85 | 95 |
| Other | 7 | ||
| PCD | 0 | 357 | 420 |
| Broadband | 472 | ||
| Wireless | 832 | ||
| Total | 1,311 | 1,927 | 2,366 |
Price Behavior
| Market Price | $3.17 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/03/2000 | |
| Distance from 52W High | -3.5% | |
| 50 Days | 200 Days | |
| DMA Price | $2.79 | $3.02 |
| DMA Trend | up | up |
| Distance from DMA | 13.9% | 5.0% |
| 3M | 1YR | |
| Volatility | 58.6% | 58.9% |
| Downside Capture | -138.74 | 15.69 |
| Upside Capture | 17.07 | 57.53 |
| Correlation (SPY) | 1.8% | 5.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.83 | -0.40 | -0.37 | 0.04 | 0.13 | 0.04 |
| Up Beta | 2.70 | 0.41 | -0.12 | -0.15 | 0.19 | -0.11 |
| Down Beta | 5.62 | 3.22 | 0.53 | 0.99 | -0.15 | 0.02 |
| Up Capture | 48% | -18% | -24% | -3% | 17% | 1% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 18 | 24 | 48 | 100 | 313 |
| Down Capture | -301% | -449% | -160% | -52% | 27% | 47% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 7 | 16 | 25 | 53 | 99 | 323 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UTSI | |
|---|---|---|---|---|
| UTSI | 23.8% | 57.3% | 0.62 | - |
| Sector ETF (XLK) | 54.9% | 22.5% | 1.86 | 4.6% |
| Equity (SPY) | 24.9% | 12.3% | 1.52 | 6.6% |
| Gold (GLD) | 25.5% | 27.4% | 0.81 | -0.0% |
| Commodities (DBC) | 30.1% | 19.0% | 1.25 | -0.9% |
| Real Estate (VNQ) | 13.5% | 13.5% | 0.69 | 8.2% |
| Bitcoin (BTCUSD) | -41.7% | 42.2% | -1.16 | 3.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UTSI | |
|---|---|---|---|---|
| UTSI | -4.7% | 70.7% | 0.23 | - |
| Sector ETF (XLK) | 22.4% | 25.1% | 0.79 | 5.3% |
| Equity (SPY) | 13.5% | 17.1% | 0.61 | 6.3% |
| Gold (GLD) | 16.8% | 18.2% | 0.75 | 1.0% |
| Commodities (DBC) | 8.4% | 19.4% | 0.33 | 1.6% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.05 | 4.8% |
| Bitcoin (BTCUSD) | 13.6% | 54.4% | 0.44 | 6.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UTSI | |
|---|---|---|---|---|
| UTSI | -5.6% | 60.8% | 0.16 | - |
| Sector ETF (XLK) | 25.1% | 24.6% | 0.92 | 7.5% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 7.7% |
| Gold (GLD) | 12.5% | 16.1% | 0.64 | 1.3% |
| Commodities (DBC) | 6.7% | 18.0% | 0.29 | 3.4% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 5.0% |
| Bitcoin (BTCUSD) | 60.3% | 66.8% | 1.00 | 8.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 04/24/2026 | 20-F |
| 06/30/2025 | 08/29/2025 | 6-K |
| 12/31/2024 | 04/25/2025 | 20-F |
| 06/30/2024 | 09/05/2024 | 6-K |
| 12/31/2023 | 04/29/2024 | 20-F |
| 06/30/2023 | 08/30/2023 | 6-K |
| 12/31/2022 | 04/27/2023 | 20-F |
| 06/30/2022 | 09/02/2022 | 6-K |
| 12/31/2021 | 04/26/2022 | 20-F |
| 06/30/2021 | 08/13/2021 | 6-K |
| 12/31/2020 | 04/21/2021 | 20-F |
| 06/30/2020 | 10/30/2020 | 6-K |
| 12/31/2019 | 04/29/2020 | 20-F |
| 09/30/2019 | 11/08/2019 | 6-K |
| 06/30/2019 | 08/13/2019 | 6-K |
| 03/31/2019 | 05/10/2019 | 6-K |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Shao, Sean | Direct | Sell | 3312026 | 2.43 | 13,994 | 34,008 | 26,504 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Communications Equipment Resources |
| Light Reading |
| Fierce Network |
| Telecoms.com |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.