UTStarcom Holdings Corp. (UTSI) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, UTSI carries an RQD Score of 31 out of 100, a letter grade of E, and a verdict label of "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars, the fundamental cash engine scores 4 of 20 (ROIC -35%; FCF yield 0%), indicating the business is not currently generating returns on capital or free cash flow. Whale 13F flow scores 6 of 20 for institutional accumulation and options positioning, and insider conviction scores 5 of 20 across SEC Form 4 and Congressional PTR cluster flow, suggesting weak sponsorship signals. Macro regime fit scores 7 of 20 with a beta of 1.0. The forensic balance sheet scores 9 of 20, citing an Altman Z of 2.5, a Piotroski F of 1/9, and Debt/Equity of 0.5. For a prospective investor, the implication is that the rating's weakest links are cash generation and insider/institutional conviction; any upside case would need to be built on a turnaround in operating economics that the current source data does not show. Valuation tradeoffs are difficult to assess without earnings-based multiples, which are not available in source data, so the low score should be read as a warning about quality and durability rather than a precise price target.

UTStarcom Holdings Corp. is a NASDAQ-listed issuer classified under the Communication Services sector and the Telecommunications Equipment industry. Per the profile, the company's market capitalization is $0.0B on a rounded basis, while the market data reports $21.1M. Source data does not provide a detailed description of products, customers, or revenue model. Per the SEC financials, FY 2025 revenue was $9.0M, which provides the only indication of scale.

Per the SEC financials, revenue declined from $15.8M in FY 2023 to $9.0M in FY 2025 while operating losses persisted in each period. Per the market data, gross margin is 11.7%, operating margin is -60%, and net margin is 0%, with ROIC at -35%. The Roarable RQD rating cites an Altman Z-Score of 2.5, a Piotroski F-Score of 1/9, and Debt/Equity of 0.5 as forensic inputs. Reported cash declined from $43.9M to $33.8M over FY 2024 to FY 2025.

Per the recent news feed, four items are tagged to UTSI. The most recent item (Benzinga, a pre-market roundup) is tagged YELLOW under MARKET WIRE. A second item, sourced from a third-party site, describes range-bound trading near $2.21 and is also tagged YELLOW. A third item reports a 64x64 AI prototype unveiling and is tagged YELLOW. The fourth item, titled as a Q4 earnings report with a wider-than-expected loss, is tagged RED under RISK WATCH; its headline references a fiscal year that differs from the FY 2025 figures in the SEC financials, which should be verified. Per the Butterfly Supply-Chain Graph, no proprietary signals or supply-chain links are recorded.

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with no butterfly links and no proprietary signals. Upstream suppliers, downstream customers, and sector correlations cannot be assessed from source data. Investors should note that the absence of mapped links means second-order ripple effects, such as dependence on a single component supplier or a concentrated customer base, are unverified.

• What are the company's product lines and principal customers, and how much of FY 2025 revenue is concentrated in any single customer or region?
• What is the reported debt balance, since the financials list debt as N/A across all periods?
• Why is cash for FY 2023 listed as N/A, and what drove the decline from $43.9M to $33.8M?
• Which fiscal period does the Q4 earnings headline refer to, and does it reconcile with the FY 2025 filing?
• What is the basis for the market cap discrepancy between the $0.0B profile figure and the $21.1M market data figure?