Uniti Group's 15min chart indicates oversold RSI with KDJ golden cross.

Based on the 15-minute chart for Uniti Group, the RSI indicator has crossed into oversold territory, and the KDJ indicator has formed a golden cross at 08/08/2025 15:00. This suggests that the stock price has experienced a rapid decline and is trading below its fundamental support level. The momentum of the stock price is shifting towards an uptrend, indicating potential for further price increases.

In a recent development, Raymond James has raised its price target for Uniti Group (NASDAQ: UNIT) to $11.00 from $8.00, maintaining a Strong Buy rating. This decision comes following the company's second-quarter results and is based on the firm's optimistic view of Uniti Group's potential in the fiber-to-the-home (FTTH) space [1].

According to InvestingPro data, Uniti Group's stock has experienced a significant 22% decline over the past week, potentially presenting an attractive entry point. Raymond James has identified Uniti Group as a potential "diamond in the rough" in the FTTH sector, drawing comparisons to Frontier Communications (OTC: FTRCQ). The firm expressed confidence in the long-term value of FTTH and Uniti's commercial fiber business [1].

Furthermore, Raymond James forecasts increased consolidation in the telecommunications infrastructure sector over the next 12 months, which could benefit Uniti Group's strategic position. The firm's analysis suggests that the re-combined Windstream could become an attractive acquisition target for larger carriers with wireless assets [1].

However, recent earnings reports have shown a notable shortfall in both earnings and revenue forecasts. Uniti Group Inc. reported its second-quarter 2025 earnings, which fell short of expectations, with an earnings per share (EPS) of -$0.04, significantly below the anticipated $0.116. The company's revenue was also reported at $300.73 million, slightly missing the forecasted $304.19 million. These results represent a negative surprise of 134.48% [1].

Analyzing the 15-minute chart for Uniti Group, the Relative Strength Index (RSI) indicator has crossed into oversold territory, and the KDJ indicator has formed a golden cross on August 8, 2025, at 15:00. This suggests that the stock price has experienced a rapid decline and is trading below its fundamental support level. The momentum of the stock price is shifting towards an uptrend, indicating potential for further price increases.

Investors and financial professionals should closely monitor how Uniti Group addresses these challenges and the ongoing market conditions. The combination of Raymond James' optimistic outlook and the technical indicators suggests a potential turnaround for the stock.

References:
[1] https://za.investing.com/news/analyst-ratings/raymond-james-raises-uniti-group-stock-price-target-to-11-on-ftth-potential-93CH-3821904