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Unity Software (U) Stock Forecast & Price Target

$17.11
+0.59 (+3.57%)
(As of 07/12/2024 ET)

Unity Software - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$33.47
95.61% Upside
High Forecast$61.00
Average Forecast$33.47
Low Forecast$14.00
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
11 Hold rating(s)
7 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$33.47$34.79$37.03$41.35
Forecasted Upside95.61% Upside17.74% Upside10.48% Upside17.14% Upside
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U Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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U Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Unity Software Stock vs. The Competition

TypeUnity SoftwareComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.32
2.61
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside95.61% Upside299.60% Upside9.17% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/27/2024Macquarie
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 Lower TargetUnderperform ➝ Underperform$20.00 ➝ $14.00-15.66%
6/10/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$30.00 ➝ $25.00+45.69%
5/13/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$29.00 ➝ $26.00+13.89%
5/10/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$28.00 ➝ $27.00+24.48%
5/10/2024Benchmark
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 Reiterated RatingSell ➝ Sell$16.00-28.12%
5/10/2024JMP Securities
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 Reiterated RatingMarket Perform
5/10/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$33.50+46.29%
5/10/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$31.00+28.31%
2/28/2024Citigroup
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 Lower TargetBuy ➝ Buy$50.00 ➝ $38.00+27.22%
2/27/2024Piper Sandler
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 UpgradeUnderweight ➝ Neutral$35.00 ➝ $30.00-9.20%
1/9/2024William Blair
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 Reiterated RatingOutperform
12/18/2023HSBC
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 Initiated CoverageHold$37.00-6.00%
11/13/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
11/10/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $22.00-18.55%
10/19/2023Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold$29.00 ➝ $27.00-1.82%
9/28/2023UBS Group
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 Initiated CoverageNeutral$38.00+24.35%
9/25/2023Bank of America
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 Reiterated RatingBuy ➝ Buy$56.00+78.74%
9/18/2023Cannonball Research
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 Initiated CoverageNeutral
9/15/2023Oppenheimer
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 Reiterated RatingMarket Perform
8/28/2023CICC Research
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 Initiated CoverageOutperform
8/3/2023Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$48.00 ➝ $54.00+30.28%
8/3/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$66.00 ➝ $61.00+47.17%
6/28/2023DA Davidson
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 Boost Target$45.00 ➝ $50.00+17.92%
12/8/2022BTIG Research
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 DowngradeBuy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:00 AM ET.

U Forecast - Frequently Asked Questions

What is Unity Software's forecast for 2024?

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Unity Software is $33.47, with a high forecast of $61.00 and a low forecast of $14.00.

Should I buy or sell Unity Software stock right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Software in the last year. There are currently 2 sell ratings, 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" U shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in U, but not buy additional shares or sell existing shares.

Does Unity Software's stock price have much upside?

According to analysts, Unity Software's stock has a predicted upside of 19.22% based on their 12-month stock forecasts.

What analysts cover Unity Software?

Unity Software has been rated by research analysts at Barclays, Benchmark, JMP Securities, Macquarie, Needham & Company LLC, Stifel Nicolaus, The Goldman Sachs Group, and Wedbush in the past 90 days.

Do Wall Street analysts like Unity Software more than its competitors?

Analysts like Unity Software less than other "computer and technology" companies. The consensus rating for Unity Software is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how U compares to other companies.


This page (NYSE:U) was last updated on 7/14/2024 by MarketBeat.com Staff

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