Unity Software Inc. (U)
NYSE: U · IEX Real-Time Price · USD
23.32
-0.25 (-1.06%)
At close: Apr 25, 2024, 4:00 PM
23.67
+0.35 (1.50%)
After-hours: Apr 25, 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 34.91, with a low estimate of 16 and a high estimate of 61. The average target predicts an increase of 49.70% from the current stock price of 23.32.
Analyst Consensus: Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for Unity Software stock from 18 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 10 | 10 | 9 | 9 | 9 | 9 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 19 | 19 | 19 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +50.09% | Mar 1, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $50 → $38 | Strong Buy | Maintains | $50 → $38 | +62.95% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Maintains $40 → $31 | Strong Buy | Maintains | $40 → $31 | +32.93% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $35 → $30 | Sell → Hold | Upgrades | $35 → $30 | +28.64% | Feb 27, 2024 |
| Stifel | Stifel | Strong Buy Maintains $35 → $32 | Strong Buy | Maintains | $35 → $32 | +37.22% | Feb 27, 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 | 3.3B |
| Avg | 1.8B | 2.1B | 2.4B | 3.2B |
| Low | 1.7B | 1.9B | 2.1B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -4.3% | 24.1% | 53.8% | 37.1% |
| Avg | -15.6% | 11.6% | 15.5% | 33.2% |
| Low | -21.6% | 1.7% | 2.0% | 28.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.33 | -0.12 | 0.08 | 0.12 |
| Avg | -1.74 | -1.19 | -0.62 | 0.11 |
| Low | -3.35 | -2.71 | -1.19 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.