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Upturn AI Summary - About
Ultralife Corporation(ULBI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ULBI
10/02/2026: ULBI (1-star) is currently NOT-A-BUY. Pass it for now.
Ultralife Corporation is a specialized provider of rugged power and communication systems primarily serving the defense, medical, and industrial markets. Its business strengths include technical expertise in battery chemistry and a well-established presence as a trusted supplier to major defense contractors. The primary growth opportunity lies in expanding its footprint within the high-reliability medical and robotic equipment sectors, which could offer attractive diversification. Key risks involve high revenue concentration within government contracts, potential supply chain volatility, and intense competition from larger technology firms. The stock may suit investors looking for specialized industrial exposure, though it is currently not a provider of dividend income.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company shows potential for growth in niche markets but lacks the aggressive scaling of high-growth tech firms. |
| Momentum investor | Mixed fit | Momentum depends on positive upturn signals in defense contract announcements and quarterly earnings surprises. |
| Value investor | Mixed fit | Valuation levels may attract value-oriented investors, provided the core business remains stable. |
| Dividend investor | Weak fit | The company does not currently provide a dividend yield, making it unsuitable for income-focused portfolios. |
| Low-risk investor | Weak fit | Revenue concentration in defense contracts introduces sector-specific risk and volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock can react significantly to news regarding government contract awards or delays. |
| Valuation risk | Medium | Current valuations are sensitive to the company's ability to meet earnings guidance. |
| Competition risk (Defense/Industrial Power) | High | Strong competition from well-capitalized firms could pressure margins. |
| Business quality | Medium | The company provides critical components, but it operates in a capital-intensive industry with cyclical demand. |
| Dividend income | Low / none | The lack of dividends means investors rely solely on capital gains. |
| Execution risk | Medium | Successful scaling of new battery technologies is required to sustain long-term growth. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 4.97% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 112.89M USD | Price to earnings Ratio - | 1Y Target Price 14 |
Price to earnings Ratio - | 1Y Target Price 14 | ||
Volume (30-day avg) 42.3K shares | Beta 0.83 | 52 Weeks Range 4.90 - 8.25 | Updated Date 10/01/2026 |
52 Weeks Range 4.90 - 8.25 | Updated Date 10/01/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.41 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Defense Power & Systems | Primary revenue stream involving lithium batteries and power systems for military personnel and vehicles. | The company's core income comes from selling specialized, rugged power solutions for the military. |
| Commercial & Medical | Power solutions for medical devices, robotics, and industrial sensors. | Secondary revenue is derived from specialized power needs in the growing healthcare and automation sectors. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 15.34 | Enterprise Value 132.92M | Price to Sales(TTM) 0.6 |
Enterprise Value 132.92M | Price to Sales(TTM) 0.6 | ||
Enterprise Value to Revenue 0.71 | Enterprise Value to EBITDA 149.65 | Shares Outstanding 16.66M | Shares Floating 9.62M |
Shares Outstanding 16.66M | Shares Floating 9.62M | ||
Percent Insiders 3.22 | Percent Institutions 73.47 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Ultralife Corporation
Exchange NASDAQ | Headquarters Newark, NY, United States | ||
IPO Launch date 1992-12-23 | President, CEO & Director Mr. Michael E. Manna | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 678 | |
Full time employees 678 | |||
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. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle amplifier-adaptors, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, Criterion Gauge, and POW-R BMS brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.
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