An electronic device according to an embodiment of the disclosure may receive an advertising frame transmitted by an external electronic device through the communication circuit through ultra-wideband (UWB) communication, may receive at least one frame among the advertising frames in a first decision period, may determine whether the number of times an angle based on the at least one frame received in the first decision period is within a specified angle range satisfies a specified condition, and may determine whether the electronic device points to the external electronic device according to whether the specified condition is satisfied.