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Ultralife CorporationNasdaqGM:ULBI Stock Report

Market Cap US$97.1m
Share Price
n/a
1Y-34.1%
7D-5.0%
1D-0.3%
Portfolio Value
View

Ultralife Corporation

NasdaqGM:ULBI Stock Report

Market Cap: US$97.1m

Ultralife (ULBI) Stock Overview

Designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. More details

ULBI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ULBI Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

Ultralife Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ultralife
Historical stock prices
Current Share PriceUS$5.81
52 Week HighUS$9.52
52 Week LowUS$4.90
Beta0.78
1 Month Change-10.48%
3 Month Change-14.50%
1 Year Change-34.05%
3 Year Change12.82%
5 Year Change-31.57%
Change since IPO-56.15%

Recent News & Updates

Recent updates

Analysis Article Aug 17

Ultralife Corporation's (NASDAQ:ULBI) Share Price Is Still Matching Investor Opinion Despite 25% Slump

NasdaqGM:ULBI 1 Year Share Price vs Fair Value Explore Ultralife's Fair Values from the Community and select yours The...
Analysis Article Jul 02

Ultralife (NASDAQ:ULBI) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Jun 30

Ultralife: Recharging Growth With Smart Acquisitions

Summary Ultralife's revenue has been volatile in the past decade or so, but its recent comeback seems to have more legroom to grow. Through a series of recent acquisitions, the company has diversified its revenue dependence on government contracts and obtained access to a more domestic and overseas customer base. Key financial metrics demonstrate strong cash flow and organic integration of its acquisitions, supporting a positive outlook. Intense competition in the industry and integration risk remain, but so far the results show positive impacts in sales and cash flow. In conclusion, ULBI's current price is relatively cheap for interested investors seeking exposure in this field. Read the full article on Seeking Alpha
Seeking Alpha Jan 22

Ultralife Corporation: A High-Risk Stock With Just Enough Upside To Hold

Summary Ultralife Corporation is an industrial player with a global presence, specializing in power solutions and communication systems. The company reported a nearly 10% YoY revenue decline in Q3, with contracting profit margins and significant supply chain issues. While Ultralife has a solid balance sheet and liquidity, its thin profit margins and supply chain vulnerabilities raise concerns about long-term shareholder value. Despite its fair valuation, the stock is considered a high-risk play due to weak revenue predictability and operational inefficiencies. The overall recommendation for ULBI is a "hold" rating, as growth prospects exist, but risks outweigh immediate investment opportunities. Read the full article on Seeking Alpha
User avatar
New Narrative Nov 10

Lean Productivity And Tactical Acquisitions Propel Future Growth Amid Industry Challenges

Ultralife's focus on cost reduction and productivity improvements is expected to boost net margins significantly.
Analysis Article Sep 07

Should You Think About Buying Ultralife Corporation (NASDAQ:ULBI) Now?

While Ultralife Corporation ( NASDAQ:ULBI ) might not have the largest market cap around , it saw significant share...
Seeking Alpha Aug 03

Ultralife: I Bought The Dip; Here Comes The Growth

Summary ULBI's share price fell to $7 following a cyber-attack, but has since recovered to $11.50, making a 50% return in 6 months. ULBI's growth in sales revenue is driven by its battery and energy products segment, with a focus on lithium-ion batteries and communication systems. The company's adoption of lean manufacturing techniques, margin improvement, and debt paydown have led to a significant increase in performance and future cash generation, warranting a Strong Buy recommendation with a price target of $35. Read the full article on Seeking Alpha
Analysis Article Aug 01

Ultralife's (NASDAQ:ULBI) Earnings Are Weaker Than They Seem

Despite announcing strong earnings, Ultralife Corporation's ( NASDAQ:ULBI ) stock was sluggish. We think that the...
Seeking Alpha Jun 30

Ultralife Corporation Is Attractive Here

Summary Ultralife Corporation specializes in batteries for government, military, and private sectors, with a focus on communications systems. Recent growth initiatives include new product developments like EL8000 Case Systems and Thin Cell Batteries. The company has shown strong revenue growth, successful M&A track record, gross margin expansion, and stable operating expenses, making it a promising investment. Read the full article on Seeking Alpha
Seeking Alpha Apr 22

Ultralife Corporation: Ready To Surge

Summary ULBI is likely to deliver above-market returns in the next two years, with improving fundamentals and a modest valuation. They should benefit from growth in the battery market and increased military spending. Management is delivering on growth and margin improvement; EPS could double in 2024. With a strengthened balance sheet, they seem poised to start deleveraging rapidly. Read the full article on Seeking Alpha
Analysis Article Apr 16

These 4 Measures Indicate That Ultralife (NASDAQ:ULBI) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 14

Slowing Rates Of Return At Ultralife (NASDAQ:ULBI) Leave Little Room For Excitement

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Feb 11

Insufficient Growth At Ultralife Corporation (NASDAQ:ULBI) Hampers Share Price

With a price-to-sales (or "P/S") ratio of 0.9x Ultralife Corporation ( NASDAQ:ULBI ) may be sending bullish signals at...
Analysis Article Oct 26

Is Now An Opportune Moment To Examine Ultralife Corporation (NASDAQ:ULBI)?

While Ultralife Corporation ( NASDAQ:ULBI ) might not be the most widely known stock at the moment, it led the NASDAQGM...
Analysis Article Sep 22

Ultralife (NASDAQ:ULBI) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jun 08

Ultralife (NASDAQ:ULBI) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 27

Ultralife (NASDAQ:ULBI) Is Carrying A Fair Bit Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Sep 22

Ultralife secures $7.5M communications systems contract

Ultralife (NASDAQ:ULBI) announced Thursday it has received $7.5M contract to supply its integrated system of A-320 amplifiers and A-320HVA radio vehicle mounts to a major international defense contractor for government/defense modernization program. Deliveries are expected to commence in the fourth quarter of 2022 and continue through the first half of 2023. “This contract further demonstrates our success in executing a key element of our revenue growth strategy – the broadening of our global presence with international allies by extending our core U.S. government and defense business,” said Michael D. Popielec, Ultralife’s President and Chief Executive Officer.
Seeking Alpha Jul 26

Ultralife receives $4.6M communications systems VAA order

Ultralife (NASDAQ:ULBI) received a purchase order worth ~$4.6M for supplying its Vehicle Amplifier-Adaptors (VAA) to a global prime defense contractor. Ultralife’s VAA platform provides the soldier with an enhanced range of digital voice and data communications and operational flexibility. Shipments are expected to commence in 2022.
Analysis Article Apr 15

Does Ultralife (NASDAQ:ULBI) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

ULBIUS ElectricalUS Market
7D-5.0%-5.2%-0.4%
1Y-34.1%58.2%18.4%

Return vs Industry: ULBI underperformed the US Electrical industry which returned 58.2% over the past year.

Return vs Market: ULBI underperformed the US Market which returned 18.4% over the past year.

Price Volatility

Is ULBI's price volatile compared to industry and market?
ULBI volatility
ULBI Average Weekly Movement8.4%
Electrical Industry Average Movement12.5%
Market Average Movement7.3%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: ULBI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ULBI's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990678Mike Mannawww.ultralifecorporation.com

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables.

Ultralife Corporation Fundamentals Summary

How do Ultralife's earnings and revenue compare to its market cap?
ULBI fundamental statistics
Market capUS$97.11m
Earnings (TTM)-US$8.21m
Revenue (TTM)US$187.86m
0.5x
P/S Ratio
-11.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ULBI income statement (TTM)
RevenueUS$187.86m
Cost of RevenueUS$144.53m
Gross ProfitUS$43.33m
Other ExpensesUS$51.54m
Earnings-US$8.21m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin23.06%
Net Profit Margin-4.37%
Debt/Equity Ratio36.7%

How did ULBI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 00:14
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ultralife Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joshua SullivanBenchmark Company
Ted KundtzNeedham & Company
Matthew PaulSidoti & Company, LLC