New York, January 30, 2026, 1:10 PM EST — Regular session
- UNIT climbed 12.2% to $8.44 in early afternoon trading, even as the broader market dipped
- Barclays lifts its price target to $8 but maintains an Equal Weight rating
- Investors are eyeing a fiber securitization set to close Jan. 30, along with a $1 billion bond settlement due Feb. 4, all before earnings hit on March 2
Uniti Group Inc shares jumped 12.2% to $8.44 by 1:08 p.m. EST on Friday, recovering from a $7.52 close the previous day. This gain came despite the S&P 500 and Nasdaq falling roughly 0.7% and 1.0%, respectively. (Investing)
The rally shifts focus onto Uniti’s busy financing schedule, which includes two bond deals lined up back-to-back and earnings set for early March. For shareholders, the immediate question is if those transactions will close smoothly amid a tough high-rate environment.
Uniti has relied heavily on debt to finance its fiber expansions, with its stock reacting as much to balance-sheet news as to broadband demand. Shifts in price targets might spark a day’s movement, but real progress hinges on execution through February.
Barclays analyst Brendan Lynch bumped his price target on Uniti to $8 from $7 but maintained an Equal Weight rating. The bank switched to a “sum-of-the-parts” approach, valuing each business line separately instead of as one unit. (TipRanks)
On Jan. 16, Uniti disclosed in a regulatory filing that its Kinetic ABS Issuer unit priced $960.1 million in secured fiber network revenue term notes across three tranches. The notes carry an expected repayment date of February 2031. The company said the offering is secured by residential fiber assets and customer contracts spanning Arkansas, Georgia, Kentucky, Ohio, and Texas. The deal is set to close on Jan. 30.
Securitization involves bundling cash flows from a specific asset pool to back bonds, instead of depending on the issuer’s entire balance sheet. It offers the benefit of longer-term funding but also ties up assets and may impose stricter performance conditions.
Separately, Uniti’s subsidiaries priced an upsized $1 billion offering of 8.625% senior notes due 2032 — corporate bonds that take priority over equity in repayment. The company said the deal is expected to close on Feb. 4, with proceeds mainly going toward paying down a first-lien term loan maturing in 2031, covering fees, and funding general corporate needs. Uniti also noted regulatory steps for some subsidiaries to provide guarantees, plus a potential later exchange into more 2032 notes under an existing indenture. (Nasdaq)
Uniti announced Monday it will release its fourth-quarter and full-year 2025 results ahead of the Nasdaq open on March 2, followed by a conference call at 8:30 a.m. ET. Investors will focus on updates regarding bookings, build pace, and any revisions to leverage and cash flow projections. (GlobeNewswire)
The timeline is tight. A hold-up in closings, softer demand for residential fiber, or tougher refinancing terms later this year could quickly bring the debt narrative back to the forefront and pressure the shares.
The upcoming checkpoints arrive fast: first, confirmation on the securitization close, followed just days later by the Feb. 4 settlement of the 2032 senior notes. Then, all eyes turn to March 2—that’s the key date for UNIT holders.
