Wells Fargo & Company Issues Positive Forecast for Unity Software (NYSE:U) Stock Price

Unity Software (NYSE:U) had its price target upped by equities research analysts at Wells Fargo & Company from $53.00 to $64.00 in a report released on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential upside of 23.39% from the stock’s previous close.

U has been the subject of a number of other reports. HSBC upgraded Unity Software from a “hold” rating to a “buy” rating and set a $47.10 target price for the company in a report on Friday, August 7th. Bank of America raised Unity Software from a “neutral” rating to a “buy” rating and lifted their target price for the company from $30.00 to $50.00 in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Unity Software from a “hold” rating to a “buy” rating and boosted their price target for the stock from $31.00 to $50.00 in a research note on Friday, August 7th. The Goldman Sachs Group reissued a “neutral” rating and set a $62.00 price target on shares of Unity Software in a research report on Friday. Finally, Citigroup raised their price objective on shares of Unity Software from $40.00 to $48.00 and gave the company a “buy” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $53.35.

Unity Software Trading Up 6.3%

NYSE:U traded up $3.07 during trading hours on Friday, reaching $51.87. 8,324,040 shares of the stock were exchanged, compared to its average volume of 12,721,616. Unity Software has a twelve month low of $16.78 and a twelve month high of $52.50. The business has a 50-day moving average of $42.32 and a two-hundred day moving average of $31.79. The company has a market capitalization of $22.83 billion, a price-to-earnings ratio of -37.87, a PEG ratio of 1.85 and a beta of 2.08. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.55.

Unity Software (NYSE:U) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.41. The business had revenue of $622.09 million during the quarter, compared to analysts’ expectations of $567.03 million. Unity Software had a positive return on equity of 4.64% and a negative net margin of 28.97%. The company’s revenue was up 32.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share. On average, equities analysts predict that Unity Software will post 0.55 EPS for the current year.

Insider Buying and Selling

In related news, CFO Jarrod Yahes sold 26,017 shares of Unity Software stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $45.31, for a total value of $1,178,830.27. Following the completion of the transaction, the chief financial officer directly owned 678,343 shares in the company, valued at approximately $30,735,721.33. This trade represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Alexander Blum sold 43,556 shares of Unity Software stock in a transaction on Friday, August 28th. The shares were sold at an average price of $43.51, for a total value of $1,895,121.56. Following the completion of the transaction, the chief operating officer owned 661,855 shares of the company’s stock, valued at approximately $28,797,311.05. This trade represents a 6.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 109,547 shares of company stock valued at $4,884,202 in the last three months. 0.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Unity Software

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fortitude Family Office LLC increased its stake in shares of Unity Software by 56.1% during the third quarter. Fortitude Family Office LLC now owns 840 shares of the company’s stock worth $34,000 after buying an additional 302 shares during the period. Provenance Wealth Advisors LLC acquired a new stake in Unity Software in the third quarter valued at approximately $37,000. Putney Financial Group LLC purchased a new position in Unity Software in the third quarter worth approximately $59,000. Reyes Financial Architecture Inc. purchased a new position in Unity Software in the third quarter worth approximately $62,000. Finally, Heritage Family Offices LLP purchased a new position in Unity Software in the third quarter worth approximately $75,000. 73.46% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Unity Software

Here are the key news stories impacting Unity Software this week:

• Positive Sentiment: Unity reported its first quarterly GAAP profit since its 2020 IPO, with net income of $122 million. Q3 revenue rose 32.2% year over year to $622.1 million, beating expectations, while its Vector advertising revenue surged 126%. Unity Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Q4 guidance was substantially above analyst expectations: Unity forecast revenue of $688 million to $696 million versus consensus of about $602 million. It also projected Q4 strategic revenue of $683 million to $691 million and an adjusted EBITDA margin of about 42%. Unity forecasts Q4 strategic revenue and margin
• Positive Sentiment: Reports say Silver Lake and Saudi Arabia’s Public Investment Fund have approached Unity about a possible acquisition, with reported deal values ranging from roughly $21.5 billion to $25 billion. Takeover interest may support expectations of a premium, although no agreement has been announced. Silver Lake and PIF takeover approach report
• Positive Sentiment: Needham raised its price target to $70 from $54 and maintained a Buy rating, adding to the upbeat analyst outlook. Needham analyst recommendations
• Neutral Sentiment: The reported acquisition talks remain preliminary; their outcome and any potential offer terms are uncertain.
• Negative Sentiment: One earnings analysis noted that Unity’s creator tools business is slowing, a potential concern if advertising growth does not continue to offset weakness in that segment. Analysis of Vector advertising and creator tools

About Unity Software

Unity Software Inc develops software and services for creating, operating and monetizing interactive, real-time content. Its core product is the Unity engine, a development platform used to build video games and experiences for mobile devices, personal computers, consoles, augmented and virtual reality systems, and other platforms.

The company also provides tools and services that support the development and operation of interactive applications, including collaboration and cloud-based development tools, multiplayer and voice communication capabilities, analytics, advertising, and in-app monetization solutions.