Unity Biotechnology (UBX) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Unity Biotechnology in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UBX shares.
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5 equities research analysts have issued 12-month price objectives for Unity Biotechnology's stock. Their UBX share price forecasts range from $5.00 to $10.00. On average, they expect the company's stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 112.3% from the stock's current price.
View analysts price targets for UBX or view top-rated stocks among Wall Street analysts.

Unity Biotechnology's stock was trading at $2.74 at the beginning of the year. Since then, UBX stock has increased by 16.1% and is now trading at $3.18.
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Unity Biotechnology saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 952,200 shares, a decrease of 17.2% from the April 30th total of 1,150,000 shares. Based on an average trading volume of 417,800 shares, the short-interest ratio is presently 2.3 days. Approximately 7.4% of the shares of the company are sold short.
View Unity Biotechnology's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023.
View our UBX earnings forecast.

Unity Biotechnology, Inc. (NASDAQ:UBX) issued its earnings results on Wednesday, March, 15th. The company reported ($1.00) earnings per share for the quarter, beating the consensus estimate of ($1.15) by $0.15.

Unity Biotechnology shares reverse split on the morning of Thursday, October 20th 2022. The 1-10 reverse split was announced on Thursday, October 20th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, October 20th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Biotechnology investors own include NIO (NIO), Inseego (INSG), NVIDIA (NVDA), Editas Medicine (EDIT), Advanced Micro Devices (AMD), VBI Vaccines (VBIV), Enphase Energy (ENPH), Sorrento Therapeutics (SRNE) and OPKO Health (OPK).

(UBX) raised $85 million in an IPO on Thursday, May 3rd 2018. The company issued 5,000,000 shares at $16.00-$18.00 per share. Goldman Sachs, Morgan Stanley and Citigroup acted as the underwriters for the IPO and Mizuho Securities was co-manager.

Unity Biotechnology trades on the NASDAQ under the ticker symbol "UBX."

Unity Biotechnology's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (2.01%), Geode Capital Management LLC (0.86%), BlackRock Inc. (0.75%), ExodusPoint Capital Management LP (0.65%), Renaissance Technologies LLC (0.54%) and Dimensional Fund Advisors LP (0.47%). Insiders that own company stock include Anirvan Ghosh, Jamie Dananberg and Nathaniel E David.
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Shares of UBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UBX stock can currently be purchased for approximately $3.18.

Unity Biotechnology (NASDAQ:UBX) has a market capitalization of $45.66 million and generates $240,000.00 in revenue each year. The company earns $-59,930,000.00 in net income (profit) each year or ($5.02) on an earnings per share basis.

The official website for the company is www.unitybiotechnology.com. The company can be reached via phone at (650) 416-1192 or via email at ir@unitybiotechnology.com.