Unity Software Inc. (U)
NYSE: U · IEX Real-Time Price · USD
16.01
+0.20 (1.27%)
At close: Jul 2, 2024, 4:00 PM
16.00
-0.01 (-0.06%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Unity Software Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Unity Software stock have an average target of 33.28, with a low estimate of 14 and a high estimate of 61. The average target predicts an increase of 107.87% from the current stock price of 16.01.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 9 | 9 | 9 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 18 | 18 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Sell Maintains $20 → $14 | Sell | Maintains | $20 → $14 | -12.55% | Jun 27, 2024 |
| Stifel | Stifel | Strong Buy Maintains $30 → $25 | Strong Buy | Maintains | $30 → $25 | +56.15% | Jun 10, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $29 → $26 | Hold | Maintains | $29 → $26 | +62.40% | May 13, 2024 |
| Benchmark | Benchmark | Strong Sell Reiterates $16 | Strong Sell | Reiterates | $16 | -0.06% | May 10, 2024 |
| Needham | Needham | Strong Buy Reiterates n/a | Strong Buy | Reiterates | n/a | n/a | May 10, 2024 |
Financial Forecast
Revenue This Year
1.88B
from 2.19B
Decreased by -14.28%
Revenue Next Year
2.05B
from 1.88B
Increased by 9.17%
EPS This Year
-1.82
from -2.16
EPS Next Year
-1.04
from -1.82
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.1B | 2.2B | 2.5B | 2.6B | 2.8B |
| Avg | 1.9B | 2.0B | 2.3B | 2.5B | 2.8B |
| Low | 1.7B | 1.9B | 2.1B | 2.4B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.5% | 15.9% | 24.0% | 10.2% | 14.4% |
| Avg | -14.3% | 9.2% | 13.4% | 7.1% | 11.1% |
| Low | -20.3% | 0.5% | 3.4% | 2.9% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.04 | -0.13 | 0.09 |
| Avg | -1.82 | -1.04 | -0.74 |
| Low | -2.22 | -1.63 | -1.51 |
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.