Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ultralife Corporation before investing.

In this article, we go over a few key elements for understanding Ultralife Corporation’s stock price such as:

• Ultralife Corporation’s current stock price and volume
• Why Ultralife Corporation’s stock price changed recently
• Upgrades and downgrades for ULBI from analysts
• ULBI’s stock price momentum as measured by its relative strength

About Ultralife Corporation (ULBI)

Before we jump into Ultralife Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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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Ultralife Corporation’s Stock Price as of Market Close

As of April 29, 2026, 10:13 AM, CST, Ultralife Corporation’s stock price was $7.070.

Ultralife Corporation is up 0.57% from its previous closing price of $7.030.

During the last market session, Ultralife Corporation’s stock traded between $6.980 and $7.220. Currently, there are approximately 16.65 million shares outstanding for Ultralife Corporation.

Ultralife Corporation’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Ultralife Corporation Stock Price History

Ultralife Corporation’s (ULBI) price is currently up 8.44% so far this month.

During the month of April, Ultralife Corporation’s stock price has reached a high of $8.250 and a low of $6.410.

Over the last year, Ultralife Corporation has hit prices as high as $9.520 and as low as $4.360. Year to date, Ultralife Corporation’s stock is up 23.6%.

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What Caused Ultralife Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 28, 2026, there were analysts who downgraded Ultralife Corporation’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ultralife Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ultralife Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ultralife Corporation’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ultralife Corporation (ULBI) by visiting AAII Stock Evaluator.

Relative Price Strength of Ultralife Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 28, 2026, Ultralife Corporation has a weighted four-quarter relative price strength of 9.34%, which translates to a Momentum Score of 79 and is considered to be Strong.

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Ultralife Corporation Stock Price: Bottom Line

As of April 29, 2026, Ultralife Corporation’s stock price is $7.070, which is up 0.57% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ultralife Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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