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ULBI

UltralifeC
Nasdaq / Capital Goods
Last Price
Quote time unavailable
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Current thesis
Ultralife delivered materially better Q2 profitability, a record backlog, and management commentary on new defense-related products and multi-year opportunities. The positive initial reaction suggests investors recognized the margin and backlog improvement.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite.
What can break
Backlog conversion and new-product production timing are execution-dependent and lack detailed quantitative guidance.
Momentum
21
Value
53
Sentiment
68
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $6.00 · Bull $7.25 · Bear $4.50Analysis 2026-08-08; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-08 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Why
Momentum21 · Δ7d -
Value53 · Δ7d +0.0
Sentiment68 · Δ7d -
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Confirming evidence

  • • Sentiment remains the lead driver in the composite.

Contradictions & invalidation

  • • Backlog conversion and new-product production timing are execution-dependent and lack detailed quantitative guidance.
  • • Gross-margin improvement was partly driven by a $1.1 million IEEPA refund and favorable product mix, so normalization could pressure future margins.
  • • Revenue still declined, Battery & Energy Products sales fell 3.7%, and reported gross margin benefited from a $1.1 million refund and favorable mix.

Catalyst clock

2026-08-07

Q2 profitability rebound and record backlog

Lead driver: Sentiment · See AI snapshot
Momentum
21
9% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
53
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-9.7
Sentiment
68
62% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade

Composite grade C. Momentum 20.9 / Value 52.9 / Sentiment 68.3

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-08. Scenario method

B+
Bull case
25%
Probability
Target price
$7.25
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$6.00
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$4.50
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$121.14M
Beta
0.87
Shares Out
16.66M
P/E (TTM)
58.2
P/S (TTM)
0.53
P/FCF (TTM)
11.12
Rev YoY
-1.3%
EPS YoY
+188.3%
Gross Margin
+23.7%
Op Margin
+2.7%
Net Debt
$43.64M
Current Ratio
2.87
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data