Ultralife Corporation ULBI
- Market cap
- $100.8M
- P/E
- 0.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.73 | 4.90 | 6.30 | 6.75 | 4.85 | 4.92 | 3.67 | 3.71 | 6.36 | 4.07 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 6.61 | 7.90 | 10.95 | 11.97 | 8.85 | 11.78 | 6.26 | 11.85 | 13.39 | 9.52 |
High Price
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| 552 | 568 | 580 | 573 | 532 | 560 | 547 | 536 | 671 | 678 |
Employees
|
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
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| 82 | 86 | 87 | 107 | 108 | 98 | 132 | 159 | 164 | 191 |
Revenue
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| 30.45% | 30.67% | 29.34% | 29.18% | 27.07% | 25.08% | 22.30% | 24.71% | 25.73% | 24.07% |
Gross Margin
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| 4 | 6 | 7 | 7 | 7 | 0 | 0 | 9 | 8 | (8) |
EBT
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| 4.34% | 7.36% | 7.58% | 6.34% | 6.52% | (0.15%) | (0.34%) | 5.75% | 5.05% | (4.39%) |
EBT Margin
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| 3 | 8 | 25 | 5 | 5 | 0 | 0 | 7 | 6 | (6) |
Net Income
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| 3 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 6 |
Depreciation
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| 5.40 | 5.51 | 5.49 | 6.77 | 6.77 | 6.13 | 8.18 | 9.78 | 9.93 | 11.49 |
Revenue/Sh
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| 0.23 | 0.49 | 1.57 | 0.33 | 0.33 | (0.01) | (0.01) | 0.44 | 0.38 | (0.35) |
Earnings/Sh
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| 0.50 | 0.47 | 0.69 | (0.19) | 1.37 | 0.27 | (0.08) | 0.12 | 1.00 | 0.66 |
Cash Flow/Sh
|
|||
| (0.08) | (0.09) | (0.26) | (0.40) | (0.19) | (0.18) | (0.10) | (0.16) | (0.12) | (0.23) |
Capex/Sh
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| 0.42 | 0.38 | 0.42 | (0.59) | 1.18 | 0.09 | (0.18) | (0.04) | 0.89 | 0.43 |
Free CF/Sh
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| 4.45 | 5.09 | 6.58 | 6.95 | 7.35 | 7.34 | 7.22 | 7.74 | 8.11 | 7.82 |
Book Value/Sh
|
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| 15 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 | 17 |
Shares
|
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| 21.43 | 13.27 | 4.30 | 22.39 | 19.61 | 0.00 | 0.00 | 14.73 | 19.26 | 0.00 |
PE Ratio
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| 0.91 | 1.18 | 1.23 | 1.09 | 0.96 | 0.99 | 0.46 | 0.68 | 0.75 | 0.50 |
PS Ratio
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| 1.11 | 1.28 | 1.03 | 1.06 | 0.88 | 0.82 | 0.52 | 0.86 | 0.92 | 0.73 |
PB Ratio
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| 0.79 | 0.98 | 0.94 | 1.18 | 0.88 | 1.11 | 0.58 | 0.77 | 1.04 | 0.71 |
EV/Sales
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| 10.16 | 14.19 | 12.25 | (13.66) | 5.08 | 72.34 | (25.86) | (197.18) | 11.61 | 19.04 |
EV/FCF
|
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| 8 | 7 | 11 | (3) | 22 | 4 | (1) | 2 | 17 | 11 |
Op' Cash Flow
|
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| (1) | (1) | (4) | (6) | (3) | (3) | (2) | (3) | (2) | (4) |
Capex
|
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| 6 | 6 | 7 | (9) | 19 | 2 | (3) | (1) | 15 | 7 |
FCF
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| 38 | 48 | 52 | 53 | 46 | 48 | 50 | 66 | 68 | 68 |
Working Cap'
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| — | — | 1 | 17 | 3 | 21 | 21 | 26 | 54 | 50 |
Total Debt
|
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| (11) | (18) | (25) | 10 | (8) | 12 | 16 | 15 | 47 | 40 |
Net Debt
|
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| 68 | 79 | 104 | 110 | 117 | 118 | 116 | 125 | 134 | 130 |
Sh' Equity
|
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| 4.22% | 8.41% | 22.87% | 3.92% | 3.71% | (0.16%) | (0.07%) | 4.15% | 3.17% | (2.70%) |
ROA
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| 4.11% | 6.67% | 5.16% | 3.85% | 3.26% | 0.02% | 0.06% | 4.21% | 3.43% | (2.16%) |
ROIC
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| 5.24% | 10.41% | 27.17% | 4.86% | 4.62% | (0.20%) | (0.10%) | 5.95% | 4.86% | (4.46%) |
ROE
|
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Ultralife Corporation peers in Electrical Equipment & Parts
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| TGEN Tecogen Inc. | $91.2M | 0.0× | Compare |
| RFIL RF Industries, Ltd. | $90.1M | 36.3× | Compare |
| CBAT China BAK Battery, Inc. | $123.2M | 0.0× | Compare |
| OESX Orion Energy Systems, Inc. | $123.3M | 0.0× | Compare |
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| NEOV NeoVolta, Inc. | $141.6M | 0.0× | Compare |
| NVX NOVONIX Limited Sponsored ADR | $65.9M | 0.0× | Compare |
| SKYX SKYX Platforms Corp. | $163.9M | 0.0× | Compare |
| STI Solidion Technology Inc. | $55.8M | 0.0× | Compare |
Ultralife Corporation (ULBI) key facts
- Ultralife Corporation (ULBI) is an Electrical Equipment & Parts company in the Industrials sector, listed on Nasdaq.
- Ultralife Corporation’s revenue for fiscal 2025 (year ended December 2025) was $191.2 million, up 16.2% from fiscal 2024.
- Ultralife Corporation reported a net loss of $6.0 million, or a loss of $0.35 per share, for fiscal 2025.
- As of September 25, 2026, ULBI traded at $6.16, a market capitalization of $100.8 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.5× sales.
- Return on equity was −4.46% and debt-to-equity 0.34.
Ultralife Corporation (ULBI) Latest News
25 Sep
Ultralife (ULBI) was upgraded to Neutral from Underperform as backlog and execution progress favor a steadier operating profile. The company closed Q2 2026 with a record backlog of $117.5 million, with management later saying it rose toward about $130 million by the August earnings call, supported by commercial and government-defense demand and product launches. Development programs across Communications Systems and Battery & Energy Products are moving toward orders and production, including StrikeHub, ruggedized platforms, amplifiers, and wearable defense and energy packs, with several custom battery programs slated to ramp in 2026–2027. Manufacturing improvements at Newark and Raynham aim to lift margins through lean initiatives and automation, while Electrochem-related vertical integration expands addressable opportunities. Challenges persist from uneven demand and execution risk, but backlog strength and a broader product pipeline enhance revenue visibility. Backlog expansion and product commercialization broadly improve revenue visibility, but execution risks and softer industrial demand keep upside limited.
7 Aug
Ultralife Corporation posted record backlog and margin expansion in its Q2 2026 earnings call. Record backlog secures future revenue visibility and margin expansion improves profitability for Ultralife Corporation.
Ultralife Corporation reported its Q2 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company attributed this growth to strong demand for its products and successful operational efficiencies. Additionally, Ultralife highlighted ongoing investments in research and development aimed at expanding its product offerings. The outlook for the remainder of the year remains positive, with expectations for continued growth driven by market trends and strategic initiatives. Significant growth in revenue and net income indicates a strong operational performance that could positively influence future market positioning.
Ultralife Corporation reported its second quarter results, highlighting a significant increase in revenue and net income compared to the previous year. The company attributed this growth to strong demand for its products, particularly in the defense and commercial sectors. Additionally, Ultralife announced plans for new product developments and strategic investments aimed at enhancing its market position. The outlook for the remainder of the year remains positive, with expectations for continued growth driven by ongoing contracts and expanding customer relationships. The reported revenue growth and strategic investments indicate a significant impact on future performance and market positioning.
Ultralife (ULBI) released its Q2 2026 earnings call transcript covering quarterly financial results, operations, and outlook. Quarterly earnings transcripts deliver financial metrics and guidance that can shift near-term sentiment and valuation.
Ultralife Corporation held its Q2 2026 earnings call covering financial results and company outlook. Quarterly earnings updates deliver financial metrics that moderately shape near-term investor sentiment and valuation.
Ultralife Q2 earnings call highlights company financial results, operational updates and forward outlook. Q2 earnings call highlights reveal financial and operational details likely to influence short-term stock sentiment without major strategic shifts.
Ultralife Corporation reported its second quarter financial results including revenue, net income and operational metrics. Quarterly results supply updated performance metrics that can shift near-term investor sentiment and valuation.
1 Jun
Ultralife Corporation (ULBI) released its Q1 2026 earnings transcript covering financial results, operational updates, and forward outlook. Quarterly earnings transcript provides performance details and guidance that may moderately influence near-term investor views without signaling major strategic shifts.
9 May
Ultralife Corp (ULBI) Q1 2026 earnings call highlights record backlog signaling strong future demand despite revenue challenges. Record backlog points to significant future revenue growth potential, countering current revenue headwinds and likely boosting investor sentiment.
Ultralife Corporation (ULBI) reported its Q1 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company attributed this growth to strong demand for its products, particularly in the defense and commercial sectors. Additionally, Ultralife highlighted ongoing investments in research and development aimed at enhancing product offerings. The positive financial results reflect the company's strategic focus on expanding its market presence and operational efficiency. Significant growth in revenue and net income indicates a strong market position and potential for future expansion.
Ultralife Corporation released Q1 earnings call highlights, detailing financial results, revenue growth, battery segment performance, strategic initiatives, and positive outlook. Q1 earnings highlights provide moderate insight into financial health and guidance, influencing near-term sentiment but not fundamentally altering long-term trajectory.
8 May
Ultralife Corporation reported first-quarter 2024 results with revenue of $39.4 million, up 2% year-over-year, net income of $1.7 million or $0.11 per share, and highlighted government sector growth amid battery demand. Q1 earnings reveal revenue growth, profitability, and sector strength that could significantly shape investor outlook and stock trajectory.
10 Mar
Ultralife Corp (ULBI) reported revenue growth in Q4 2025 earnings call highlights, despite facing various challenges. Q4 revenue growth represents significant financial performance shift likely to influence ULBI's trajectory and investor sentiment amid challenges.
Ultralife Corporation (ULBI) released Q4 earnings call highlights, detailing financial results, operational updates, and future outlook. Q4 earnings call highlights provide critical financial data and guidance directly shaping ULBI's market performance and investor sentiment.
Ultralife Corporation (ULBI) released Q4 earnings snapshot highlighting financial results for the quarter. Q4 earnings snapshots reveal key financial metrics that significantly influence stock performance and investor outlook.
Ultralife Corporation reported fourth quarter results, highlighting financial performance for the period. Fourth quarter earnings reports typically affect financial performance and investor sentiment moderately.
7 Feb
Insiders at Ultralife Corporation (NASDAQ:ULBI) hold a 40% ownership stake and have recently increased their buying activity, indicating strong confidence in the company's future prospects. Insider buying can signal positive sentiment and potential future performance, but its overall impact is expected to be limited.
18 Nov
Ultralife Corporation (ULBI) reported revenue growth in Q3 2025 despite facing operational challenges. The company highlighted its strategic initiatives aimed at enhancing efficiency and addressing supply chain issues. Management expressed optimism about future performance, citing ongoing demand for its products and services. However, they acknowledged the need to navigate current market conditions carefully. Revenue growth amid operational challenges indicates a moderately noticeable influence on financial performance and market sentiment.
Ultralife Corporation reported its third quarter results, highlighting a revenue increase driven by strong demand in its battery and communications segments. The company noted improvements in gross margins and operational efficiency, contributing to a positive outlook for the remainder of the fiscal year. Management emphasized ongoing investments in product development and strategic partnerships to enhance market position. Overall, the results reflect a solid performance amid challenging market conditions. The revenue increase and operational improvements indicate a moderately noticeable influence on financial performance and market positioning.
18 Sep
Ultralife Corporation is positioned to benefit from the Pentagon's increasing reliance on drone technology, which necessitates advanced battery solutions. As the military expands its drone capabilities, the demand for reliable and efficient batteries is expected to rise, potentially enhancing Ultralife's market opportunities and revenue streams. The company's expertise in battery technology aligns well with the defense sector's needs, suggesting a promising outlook as government contracts may increase. The Pentagon's focus on drone technology and battery requirements is likely to create significant opportunities for Ultralife Corporation.
6 Sep
Ultralife Corporation has appointed a new auditor following the acquisition of a firm. This change is part of the company's strategic adjustments to enhance its financial oversight and compliance. The appointment of a new auditor may moderately influence Ultralife's financial performance and operational transparency.
4 Sep
Ultralife Corporation has been awarded a contract for its BA-5390 military batteries by the U.S. Defense Logistics Agency. This award highlights the company's role in supplying critical power solutions for military applications, reinforcing its position in the defense sector. The award signifies a strategic move that could enhance Ultralife's market position and financial performance in the defense industry.
27 Aug
Ultralife Corporation has expanded its leadership team to support its aggressive growth strategy. The company aims to enhance its operational capabilities and market presence through these new appointments, which are expected to drive innovation and improve overall performance. This strategic move aligns with Ultralife's commitment to capitalize on emerging opportunities in its industry. The expansion of the leadership team is a significant strategic move that could enhance operational efficiency and market positioning.
23 Aug
Ultralife Corporation (NASDAQ:ULBI) is experiencing strong stock performance, attributed to its solid financials and strategic initiatives. The company has shown resilience in its operations, which may be influencing investor sentiment positively. Analysts are closely monitoring its financial health and market position as it continues to navigate industry challenges and opportunities. Strong stock performance and solid financials indicate a moderately noticeable influence on future performance.
8 Aug
Ultralife Corporation (ULBI) reported revenue growth in Q2 2025 despite facing margin pressures. The company highlighted its strategic initiatives aimed at enhancing operational efficiency and product innovation. Management expressed optimism about future performance, although challenges related to cost management and market competition were acknowledged. Revenue growth amidst margin pressures indicates a moderately noticeable influence on financial performance and competitive positioning.
27 Jul
Ultralife Corporation (NASDAQ:ULBI) has seen its share price rise by 92% over the past three years, outperforming the market's 52% return. The company transitioned from a loss to profitability during this period, which typically correlates with share price increases. Despite a 22% decline this year, long-term shareholders have gained 4% annually over five years. Recent insider buying is viewed positively, but there is one warning sign to consider. Investors are encouraged to analyze the company's fundamentals for potential long-term growth opportunities. The transition to profitability and insider buying indicate a moderately noticeable influence on Ultralife's future performance.
23 Jun
Ultralife Corporation (NASDAQ:ULBI) has seen fluctuations in its share price, reflecting broader market trends and company-specific developments. Investors are closely monitoring the company's performance and strategic initiatives, which may influence future growth prospects. Recent financial results and market conditions are contributing to the current sentiment surrounding ULBI's stock. Current market trends and company developments are expected to moderately influence Ultralife's financial performance and competitive positioning.
10 May
Ultralife Corporation reported Q1 2025 sales of $50.7 million and operating income of $3.4 million, with GAAP EPS of $0.11 and adjusted EPS of $0.13. The quarter marked the full inclusion of the Electrochem acquisition, which positively impacted results despite some transition costs. Tariffs are expected to affect operations, but the company is implementing mitigation strategies. Battery & Energy Products segment revenues rose significantly, driven by government-defense sales, while Communications Systems segment revenues declined. The total backlog stands at $95 million, indicating strong demand. Management is focused on improving gross margins and integrating Electrochem to leverage vertical integration opportunities. Future growth is anticipated in both government-defense and medical markets, with ongoing product development initiatives. The integration of Electrochem and strategic focus on government-defense markets are likely to significantly impact Ultralife's future performance.
Ultralife Corporation (ULBI) reported a significant revenue increase in Q1 2025, driven by strong demand across its product lines. However, the company faced margin pressures due to rising costs and supply chain challenges. Management highlighted ongoing efforts to improve operational efficiency and maintain competitive pricing. Despite these challenges, the overall outlook remains positive as Ultralife continues to innovate and expand its market presence. Revenue growth indicates positive momentum, but margin pressures could limit overall financial performance.