What is the current Price Target and Forecast for Unity Software (U) (2024)

(Real Time Quote from BATS)

$19.95 USD

19.95

6,185,760

+0.04 (0.20%)

Updated Sep 16, 2024 12:40 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

DValue | BGrowth | BMomentum | CVGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (87 out of 251)

Industry: Internet - Software

View All Zacks #1 Ranked Stocks

What is the current Price Target and Forecast for Unity Software (U) (2) Better trading starts here.

Unity Software Inc. (U) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$22.50 $37.00 $10.00 13.01%

Price Target

Based on short-term price targets offered by 15 analysts, the average price target for Unity Software Inc. comes to $22.50. The forecasts range from a low of $10.00 to a high of $37.00. The average price target represents an increase of 13.01% from the last closing price of $19.91.

Analyst Price Targets (15)

Last Close 19.91

Average 22.50 13.01% Upside Low 10.00 -49.77% Downside High 37.00 85.84% Upside

Broker Rating

Unity Software Inc. currently has an average brokerage recommendation (ABR) of 2.45 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 2.55 a month ago based on 20 recommendations.

Of the 20 recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 35% and 5% of all recommendations. A month ago, Strong Buy made up 30%, while Buy represented 5%.

Broker Rating Breakdown

What is the current Price Target and Forecast for Unity Software (U) (3)

Today1 Week Ago1 Month Ago2 Months Ago3 Months Ago
Strong Buy77666
Buy11111
Hold1010111111
Sell00000
Strong Sell22222
ABR2.452.452.552.552.55

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

DateBrokerage FirmAnalystPreviousCurrent
9/13/2024Not IdentifiedNot IdentifiedStrong BuyStrong Buy
9/12/2024William BlairDylan BeckerStrong BuyStrong Buy
9/9/2024BTIGClark W LampenHoldHold
8/16/2024Not IdentifiedNot IdentifiedStrong BuyStrong Buy
8/12/2024UBSChris KuntarichHoldHold
8/9/2024Needham & CompanyBernie McternanModerate BuyModerate Buy
8/9/2024The Benchmark CompanyMichael J HickeyStrong SellStrong Sell
8/9/2024Wedbush Securities Michael H PachterStrong BuyStrong Buy
8/9/2024Piper SandlerThomas ChampionHoldHold
8/8/2024Not IdentifiedNot IdentifiedHoldHold
7/19/2024Not IdentifiedNot IdentifiedHoldHold
6/27/2024Macquarie Capital SecuritiesTimothy W NollenStrong SellStrong Sell
5/13/2024Goldman SachsKasthuri G RanganHoldHold
5/10/2024JMP SecuritiesAndrew BooneHoldHold
5/10/2024Not IdentifiedNot IdentifiedHoldHold
5/10/2024Wells Fargo SecuritiesBrian FitzgeraldStrong BuyStrong Buy
5/2/2024Not IdentifiedNot IdentifiedHoldHold
12/18/2023Not IdentifiedNot IdentifiedNot AvailableHold

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

2.45
ABR (Last week)2.45
# of Recs in ABR20
Average Target Price $22.50
LT Growth Rate12.60%
IndustryInternet - Software
Industry Rank by ABR87 of 253
Current Quarter EPS Est: -0.39

U FAQs

Unity Software Inc. (U) currently has an average brokerage recommendation (ABR) of 2.45 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms.

The average price target for Unity Software Inc. (U) is $22.50. The current on short-term price targets is based on 5 reports.

The forecasts for Unity Software Inc. (U) range from a low of $10 to a high of $37. The average price target represents a increase of $13.01 from the last closing price of $19.91.

The current UPSIDE for Unity Software Inc. (U) is 13.01%

Based on short-term price targets offered by 15 analysts, the average price target for Unity Software Inc. comes to $22.50. The forecasts range from a low of $10.00 to a high of $37.00. The average price target represents an increase of 13.01% from the last closing price of $19.91.

 
What is the current Price Target and Forecast for Unity Software (U) (2024)

FAQs

What is the current Price Target and Forecast for Unity Software (U)? ›

The average price target for Unity Software is $26.92. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $33.50 ,the lowest forecast is $16.00.

What is the target price for Unity Software? ›

The average price target for Unity Software is $26.92. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $33.50 ,the lowest forecast is $16.00.

Is Unity Software a buy, sell, or hold? ›

Unity Software stock has received a consensus rating of buy. The average rating score is and is based on 44 buy ratings, 22 hold ratings, and 7 sell ratings.

What is the earnings forecast for Unity Software? ›

Unity Software is forecast to grow earnings and revenue by 34% and 0.7% per annum respectively. EPS is expected to grow by 37.1% per annum.

What is the stock price prediction for Unity in 2024? ›

Unity Software stock price forecast for September 2024. The forecast for beginning 16.37 dollars. Maximum price 25.97, minimum 15.69. Averaged Unity Software stock price for the month 20.34.

Is Unity Biotech a buy or sell? ›

Unity Biotechnology Inc's analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.

Who are the owners of Unity stock? ›

Shareholders: Unity Software Inc.
NameEquities%
Sequoia Capital 9.955 %39,505,2809.955 %
Silver Lake Management Co. LLC 8.753 %34,735,4048.753 %
Vanguard Fiduciary Trust Co. 7.048 %27,970,6427.048 %
BlackRock Advisors LLC 3.544 %14,064,3463.544 %
1 more row

What is the future of Unity Software stock? ›

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Unity Software stock have an average target of 26.78, with a low estimate of 10 and a high estimate of 56. The average target predicts an increase of 55.52% from the current stock price of 17.22.

Is Facebook buying Unity? ›

Despite support of the deal at the time, Facebook's acquisition of Unity never came to fruition. In recent years, Unity has gone on to raise nearly $600 million in funding and is reportedly eyeing up a 2020 initial public offering.

How much debt does Unity Software have? ›

Total debt on the balance sheet as of June 2024 : $2.23 B

According to Unity Software's latest financial reports the company's total debt is $2.23 B. A company's total debt is the sum of all current and non-current debts.

Does Unity ever pay out? ›

Unity processes payments at the end of each month on a net 60 cadence, which means that your outstanding balance is paid in full within 60 days of each payment period, so long as your earnings met or exceeded the minimum payout amount.

Has Unity made a profit? ›

The company also released a Shareholder Letter with detailed financial information available at investors.unity.com. Key highlights include: Record revenue of $1.39B in full-year 2022. Q4 2022 is first profitable quarter as a public company (on a non-gaap basis)

What is the revenue of Unity Software in 2024? ›

Unity Software revenue for the twelve months ending June 30, 2024 was $2.063B, a 14.13% increase year-over-year. Unity Software annual revenue for 2023 was $2.187B, a 57.25% increase from 2022. Unity Software annual revenue for 2022 was $1.391B, a 25.26% increase from 2021.

Why is Unity stock dropping? ›

The game engine developer desperately needs to reignite its sales growth. Unity Software's (U 5.29%) stock has declined more than 60% over the past 12 months. The game engine provider repeatedly disappointed investors with its decelerating growth, persistent losses, and murky plans for the future.

What will AMD stock be worth in 2025? ›

According to analysts, AMD price target is 186.81 USD with a max estimate of 250.00 USD and a min estimate of 135.00 USD.

What is the open stock forecast for 2025? ›

According to analysts, OPEN price target is 2.04 USD with a max estimate of 3.25 USD and a min estimate of 1.00 USD.

Who are the largest investors in Unity? ›

Largest shareholders include Silver Lake Group, L.L.C., Sc Us (ttgp), Ltd., Vanguard Group Inc, BlackRock Inc., AGTHX - GROWTH FUND OF AMERICA Class A, Resolute Advisors LLC, Norges Bank, ARK Investment Management LLC, Sumitomo Mitsui Trust Holdings, Inc., and Capital Research Global Investors . Unity Software Inc.

Is Unity in demand? ›

Yes, unity devs are in high demand due to the popularity of the Unity engine. According to a survey by Game Developer Magazine, Unity is the most popular game engine among developers.

Why is Unity stock down? ›

Key Points. Unity Software saw its Q2 revenue decline and cut guidance. The company's gaming engine appears to be holding up, but its ad business has struggled. I prefer AppLovin in the space, as it trades at a lower valuation and appears to be taking shares away from Unity's ad business.

Does Unity Software make money? ›

Unity Software annual revenue for 2023 was $2.187B, a 57.25% increase from 2022. Unity Software annual revenue for 2022 was $1.391B, a 25.26% increase from 2021. Unity Software annual revenue for 2021 was $1.111B, a 43.77% increase from 2020.

Top Articles
How to sync a OneDrive folder to your computer
Aquafina vs. Dasani Comparison: Which Bottled Water Wins?
Katie Pavlich Bikini Photos
Gamevault Agent
Hocus Pocus Showtimes Near Harkins Theatres Yuma Palms 14
Free Atm For Emerald Card Near Me
Craigslist Mexico Cancun
Hendersonville (Tennessee) – Travel guide at Wikivoyage
Doby's Funeral Home Obituaries
Vardis Olive Garden (Georgioupolis, Kreta) ✈️ inkl. Flug buchen
Select Truck Greensboro
Things To Do In Atlanta Tomorrow Night
How To Cut Eelgrass Grounded
Pac Man Deviantart
Alexander Funeral Home Gallatin Obituaries
Craigslist In Flagstaff
Shasta County Most Wanted 2022
Energy Healing Conference Utah
Testberichte zu E-Bikes & Fahrrädern von PROPHETE.
Aaa Saugus Ma Appointment
Geometry Review Quiz 5 Answer Key
Walgreens Alma School And Dynamite
Bible Gateway passage: Revelation 3 - New Living Translation
Yisd Home Access Center
Home
Shadbase Get Out Of Jail
Gina Wilson Angle Addition Postulate
Celina Powell Lil Meech Video: A Controversial Encounter Shakes Social Media - Video Reddit Trend
Walmart Pharmacy Near Me Open
Dmv In Anoka
A Christmas Horse - Alison Senxation
Ou Football Brainiacs
Access a Shared Resource | Computing for Arts + Sciences
Pixel Combat Unblocked
Cvs Sport Physicals
Mercedes W204 Belt Diagram
Rogold Extension
'Conan Exiles' 3.0 Guide: How To Unlock Spells And Sorcery
Teenbeautyfitness
Weekly Math Review Q4 3
Facebook Marketplace Marrero La
Nobodyhome.tv Reddit
Topos De Bolos Engraçados
Gregory (Five Nights at Freddy's)
Grand Valley State University Library Hours
Holzer Athena Portal
Hampton In And Suites Near Me
Stoughton Commuter Rail Schedule
Bedbathandbeyond Flemington Nj
Free Carnival-themed Google Slides & PowerPoint templates
Otter Bustr
Selly Medaline
Latest Posts
Article information

Author: Kelle Weber

Last Updated:

Views: 6294

Rating: 4.2 / 5 (73 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Kelle Weber

Birthday: 2000-08-05

Address: 6796 Juan Square, Markfort, MN 58988

Phone: +8215934114615

Job: Hospitality Director

Hobby: tabletop games, Foreign language learning, Leather crafting, Horseback riding, Swimming, Knapping, Handball

Introduction: My name is Kelle Weber, I am a magnificent, enchanting, fair, joyous, light, determined, joyous person who loves writing and wants to share my knowledge and understanding with you.