Wedbush reiterated their outperform rating on shares of Unity Software (NYSE:U – Free Report) in a research report released on Thursday,Benzinga reports. They currently have a $30.00 price target on the stock.
U has been the topic of a number of other reports. Citizens Jmp restated a “market outperform” rating and issued a $37.00 price objective on shares of Unity Software in a research note on Friday, March 27th. UBS Group cut their price target on Unity Software from $46.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, February 10th. Wall Street Zen cut Unity Software from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, January 21st. Finally, Citigroup cut their price target on Unity Software from $52.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $37.25.
Get Our Latest Analysis on Unity Software
Unity Software Trading Up 1.2%
Unity Software (NYSE:U – Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The company had revenue of $503.09 million for the quarter, compared to analyst estimates of $490.64 million. Unity Software had a negative net margin of 21.77% and a negative return on equity of 4.76%. Unity Software’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.30) earnings per share. Analysts expect that Unity Software will post 0.13 earnings per share for the current year.
Insiders Place Their Bets
In other Unity Software news, COO Alexander Blum sold 10,164 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $18.07, for a total value of $183,663.48. Following the completion of the transaction, the chief operating officer owned 550,966 shares in the company, valued at approximately $9,955,955.62. This represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Mark Barrysmith sold 10,578 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $18.07, for a total value of $191,144.46. Following the completion of the transaction, the chief accounting officer owned 383,901 shares of the company’s stock, valued at $6,937,091.07. The trade was a 2.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 41,684 shares of company stock worth $773,350. 0.77% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of U. Root Financial Partners LLC purchased a new position in Unity Software in the third quarter worth $27,000. REAP Financial Group LLC purchased a new position in Unity Software in the fourth quarter worth $28,000. Larson Financial Group LLC raised its position in Unity Software by 88.1% in the third quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock worth $29,000 after acquiring an additional 341 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in Unity Software in the fourth quarter worth $30,000. Finally, IFP Advisors Inc purchased a new position in Unity Software in the third quarter worth $33,000. Hedge funds and other institutional investors own 73.46% of the company’s stock.
Key Unity Software News
Here are the key news stories impacting Unity Software this week:
- Positive Sentiment: Wedbush reaffirmed an “Outperform” rating and set a $30 price target on Unity, signaling continued buy‑side conviction from a known gaming/tech specialist. Wedbush Reiterates Outperform
- Positive Sentiment: Citigroup cut its price target from $43 to $40 but kept a “Buy” rating — the new target still implies meaningful upside from current levels, which supports investor confidence. Citigroup Price Target Change
- Positive Sentiment: Broker consensus remains generally bullish — the average brokerage recommendation is effectively a “Buy,” reinforcing demand from buy‑side and retail investors. Brokers Suggest Investing
- Neutral Sentiment: Media pieces note that analyst ratings can be overly optimistic and the ABR metric has limitations — useful context but not an immediate price driver on its own. Analyst Ratings Caveat
- Negative Sentiment: Zacks and Yahoo coverage say Unity may lack the two key ingredients historically linked to an earnings beat in the upcoming report, raising the risk that the next print or guidance could disappoint. Earnings Beat Odds
- Negative Sentiment: Recent trading showed a pullback (a >1.5% drop in the prior session), indicating short‑term volatility and potential sensitivity to headlines or guidance misses. Recent Trading Dip
About Unity Software
Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.
The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.
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