Needham & Company LLC Cuts Unisys (NYSE:UIS) Price Target to $5.00

Unisys (NYSE:UIS) had its target price decreased by Needham & Company LLC from $6.00 to $5.00 in a report issued on Thursday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the information technology services provider’s stock.

A number of other equities analysts also recently issued reports on UIS. Weiss Ratings restated a “sell (d-)” rating on shares of Unisys in a research note on Friday, July 17th. Zacks Research cut Unisys from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Finally, Wall Street Zen downgraded Unisys from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $6.00.

Unisys Stock Down 9.7%

UIS opened at $2.84 on Thursday. The stock has a market capitalization of $207.25 million, a price-to-earnings ratio of -0.48, a PEG ratio of 0.26 and a beta of 1.87. The firm has a 50 day moving average price of $3.71 and a 200-day moving average price of $2.95. Unisys has a twelve month low of $1.97 and a twelve month high of $4.98.

Unisys (NYSE:UIS) last issued its earnings results on Wednesday, July 29th. The information technology services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.04). Unisys had a negative return on equity of 14.09% and a negative net margin of 21.65%.The company had revenue of $473.50 million during the quarter, compared to analysts’ expectations of $448.92 million. As a group, analysts expect that Unisys will post 0.74 earnings per share for the current year.

Insider Buying and Selling

In other Unisys news, Director Philippe Germond sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $4.15, for a total value of $83,000.00. Following the transaction, the director directly owned 236,453 shares in the company, valued at approximately $981,279.95. This trade represents a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 43,846 shares of company stock worth $156,102 over the last three months. 11.56% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Unisys

A number of hedge funds have recently modified their holdings of the business. Cetera Investment Advisers bought a new position in Unisys in the 1st quarter worth $26,000. Abel Hall LLC bought a new stake in Unisys during the first quarter valued at about $27,000. Quarry LP grew its holdings in Unisys by 445.7% during the fourth quarter. Quarry LP now owns 10,205 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 8,335 shares during the period. Royal Bank of Canada increased its position in Unisys by 487.1% in the first quarter. Royal Bank of Canada now owns 14,032 shares of the information technology services provider’s stock worth $29,000 after buying an additional 11,642 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in Unisys in the third quarter worth about $30,000. Institutional investors own 86.87% of the company’s stock.

Trending Headlines about Unisys

Here are the key news stories impacting Unisys this week:

• Positive Sentiment: Management highlighted an AI-led growth strategy, increasing new-business momentum and stronger client engagement during the second-quarter earnings call. Unisys maintained its 2026 outlook, providing some support for the longer-term recovery case. UIS Q2 Earnings Call Highlights AI-Led Growth Push
• Positive Sentiment: Second-quarter revenue exceeded analyst expectations, while stronger new-business bookings suggested demand remains constructive despite timing-related volatility. UIS Q2 Earnings Miss on ClearPath Timing Despite Revenue Beat
• Positive Sentiment: Needham retained a Buy rating, although it reduced its price target to $5.00 from $6.00. The revised target still indicates substantial potential upside from recent trading levels. Unisys Price Target Lowered to $5.00 at Needham
• Neutral Sentiment: Analyst commentary remains mixed, reflecting optimism about Unisys’ technology initiatives but uncertainty about the pace and consistency of its financial improvement. Analysts Offer Insights on Technology Companies
• Negative Sentiment: Unisys reported a second-quarter loss of $0.08 per share, worse than the expected loss of $0.03 and sharply below the year-earlier profit. The earnings miss is likely the primary near-term pressure on the stock. Unisys Reports Q2 Loss, Beats Revenue Estimates
• Negative Sentiment: ClearPath renewal timing pressured quarterly revenue quality and margins, while Sidoti issued a pessimistic earnings forecast. Needham’s lower target also signals reduced near-term confidence. Sidoti Issues Pessimistic Forecast for Unisys Earnings

About Unisys

Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.

The company operates two core business segments: Services and Technology.