Unity Software (NYSE:U – Get Free Report) had its price objective raised by investment analysts at Citizens Jmp from $45.00 to $70.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp‘s target price would suggest a potential upside of 34.66% from the company’s current price.
A number of other equities research analysts have also recently commented on U. BTIG Research lifted their target price on Unity Software from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday. Bank of America upgraded shares of Unity Software from a “neutral” rating to a “buy” rating and increased their price target for the company from $30.00 to $50.00 in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Unity Software from a “hold” rating to a “buy” rating in a report on Monday, October 12th. Deutsche Bank Aktiengesellschaft raised shares of Unity Software from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $31.00 to $50.00 in a research report on Friday, August 7th. Finally, UBS Group reiterated an “outperform” rating on shares of Unity Software in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $54.60.
Read Our Latest Analysis on Unity Software
Unity Software Stock Performance
Unity Software stock traded up $3.18 during mid-day trading on Friday, reaching $51.98. 8,652,584 shares of the company’s stock were exchanged, compared to its average volume of 12,721,616. The business’s fifty day simple moving average is $42.32 and its 200 day simple moving average is $31.79. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.55. Unity Software has a one year low of $16.78 and a one year high of $52.50. The firm has a market capitalization of $22.88 billion, a PE ratio of -38.16, a P/E/G ratio of 1.85 and a beta of 2.08.
Unity Software (NYSE:U – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.41. The firm had revenue of $622.09 million during the quarter, compared to the consensus estimate of $567.03 million. Unity Software had a positive return on equity of 4.64% and a negative net margin of 28.97%. The business’s revenue for the quarter was up 32.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. On average, sell-side analysts expect that Unity Software will post 0.55 earnings per share for the current year.
Insider Transactions at Unity Software
In other Unity Software news, CEO Matthew Bromberg sold 16,383 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $45.31, for a total value of $742,313.73. Following the sale, the chief executive officer directly owned 1,541,131 shares in the company, valued at $69,828,645.61. The trade was a 1.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jarrod Yahes sold 26,017 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $45.31, for a total value of $1,178,830.27. Following the transaction, the chief financial officer directly owned 678,343 shares in the company, valued at $30,735,721.33. This represents a 3.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 109,547 shares of company stock valued at $4,884,202. Corporate insiders own 0.77% of the company’s stock.
Institutional Investors Weigh In On Unity Software
Several institutional investors have recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. boosted its position in Unity Software by 332.8% during the third quarter. Eurizon Capital SGR S.p.A. now owns 11,119 shares of the company’s stock worth $452,000 after purchasing an additional 8,550 shares during the period. Austin Wealth Management LLC bought a new stake in shares of Unity Software in the third quarter valued at approximately $273,000. Maryland State Retirement & Pension System raised its position in shares of Unity Software by 24.0% in the third quarter. Maryland State Retirement & Pension System now owns 22,313 shares of the company’s stock valued at $913,000 after purchasing an additional 4,324 shares during the period. Advisor Resource Council purchased a new stake in shares of Unity Software during the 3rd quarter valued at approximately $218,000. Finally, Ritholtz Wealth Management lifted its stake in shares of Unity Software by 88.8% during the 3rd quarter. Ritholtz Wealth Management now owns 14,902 shares of the company’s stock valued at $610,000 after buying an additional 7,007 shares in the last quarter. 73.46% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Unity Software
Here are the key news stories impacting Unity Software this week:
- Positive Sentiment: Unity reported its first quarterly GAAP profit since its 2020 IPO, with net income of $122 million. Q3 revenue rose 32.2% year over year to $622.1 million, beating expectations, while its Vector advertising revenue surged 126%. Unity Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Q4 guidance was substantially above analyst expectations: Unity forecast revenue of $688 million to $696 million versus consensus of about $602 million. It also projected Q4 strategic revenue of $683 million to $691 million and an adjusted EBITDA margin of about 42%. Unity forecasts Q4 strategic revenue and margin
- Positive Sentiment: Reports say Silver Lake and Saudi Arabia’s Public Investment Fund have approached Unity about a possible acquisition, with reported deal values ranging from roughly $21.5 billion to $25 billion. Takeover interest may support expectations of a premium, although no agreement has been announced. Silver Lake and PIF takeover approach report
- Positive Sentiment: Needham raised its price target to $70 from $54 and maintained a Buy rating, adding to the upbeat analyst outlook. Needham analyst recommendations
- Neutral Sentiment: The reported acquisition talks remain preliminary; their outcome and any potential offer terms are uncertain.
- Negative Sentiment: One earnings analysis noted that Unity’s creator tools business is slowing, a potential concern if advertising growth does not continue to offset weakness in that segment. Analysis of Vector advertising and creator tools
About Unity Software
Unity Software Inc develops software and services for creating, operating and monetizing interactive, real-time content. Its core product is the Unity engine, a development platform used to build video games and experiences for mobile devices, personal computers, consoles, augmented and virtual reality systems, and other platforms.
The company also provides tools and services that support the development and operation of interactive applications, including collaboration and cloud-based development tools, multiplayer and voice communication capabilities, analytics, advertising, and in-app monetization solutions.
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