Unity Software Inc. (U)
NYSE: U · IEX Real-Time Price · USD
21.67
-0.42 (-1.90%)
At close: May 17, 2024, 4:00 PM
21.73
+0.06 (0.28%)
After-hours: May 17, 2024, 7:59 PM EDT
Unity Software Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Unity Software stock have an average target of 34.09, with a low estimate of 16 and a high estimate of 61. The average target predicts an increase of 57.31% from the current stock price of 21.67.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Unity Software stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 10 | 9 | 9 | 9 | 9 | 10 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 19 | 18 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $29 → $26 | Hold | Maintains | $29 → $26 | +19.98% | May 13, 2024 |
| Barclays | Barclays | Hold Maintains $28 → $27 | Hold | Maintains | $28 → $27 | +24.60% | May 10, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
| Benchmark | Benchmark | Strong Sell Reiterates $16 | Strong Sell | Reiterates | $16 | -26.17% | May 10, 2024 |
| Wedbush | Wedbush | Buy Reiterates $34 | Buy | Reiterates | $34 | +54.59% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.85B
from 2.19B
Decreased by -15.56%
Revenue Next Year
2.06B
from 1.85B
Increased by 11.64%
EPS This Year
-1.74
from -2.16
EPS Next Year
-1.19
from -1.74
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.1B | 2.3B | 3.2B | 2.6B |
| Avg | 1.8B | 2.1B | 2.4B | 2.5B |
| Low | 1.7B | 1.9B | 2.1B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -4.3% | 24.1% | 53.8% | 7.3% |
| Avg | -15.6% | 11.6% | 15.5% | 4.2% |
| Low | -21.6% | 1.7% | 2.0% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.33 | -0.12 | 0.08 |
| Avg | -1.74 | -1.19 | -0.62 |
| Low | -3.35 | -2.71 | -1.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.