Added to YB: 2025-08-14
Pitch date: 2025-06-24
UEIC [bearish]
Universal Electronics Inc.
+32.23%
current return
Author Info
No bio for this author
Company Info
Universal Electronics Inc. designs, develops, manufactures, ships, and supports home entertainment control products, technology and software solutions, climate control solutions, wireless sensors and smart home control products, and audio-video accessories.
Market Cap
$65.4M
Pitch Price
$6.95
Price Target
N/A
Dividend
N/A
Sector
Household Durables
Category
value
Universal Electronics Inc. - $UEIC (short)
UEIC short: Universal remote maker facing obsolescence as streaming replaces cable boxes. Key customers Comcast/AT&T declining. Q2'24 saw AT&T (<10% rev) & Comcast (20.6%, down from 25.1%) shrink. Overvalued at 9x EV/EBITDA vs 5x fair value. Poor growth prospects with phone apps/TV remotes replacing universal remotes.
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