Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Unity Software U in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 1 | 4 | 2 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 2 | 1 | 0 |
| 2M Ago | 0 | 0 | 1 | 1 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $32.21, along with a high estimate of $38.00 and a low estimate of $20.00. A 3.99% drop is evident in the current average compared to the previous average price target of $33.55.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of Unity Software's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Parker Lane | Stifel | Raises | Buy | $35.00 | $32.00 |
| Jason Bazinet | Citigroup | Lowers | Buy | $38.00 | $50.00 |
| Bernie McTernan | Needham | Lowers | Buy | $31.00 | $40.00 |
| Brent Bracelin | Piper Sandler | Lowers | Neutral | $30.00 | $35.00 |
| Parker Lane | Stifel | Lowers | Buy | $32.00 | $35.00 |
| Mario Lu | Barclays | Lowers | Equal-Weight | $28.00 | $30.00 |
| Michael Pachter | Wedbush | Lowers | Outperform | $33.50 | $50.00 |
| Parker Lane | Stifel | Raises | Buy | $35.00 | $28.00 |
| Tim Nollen | Macquarie | Maintains | Underperform | $20.00 | $20.00 |
| Kash Rangan | Goldman Sachs | Raises | Neutral | $32.00 | $29.00 |
| Brent Bracelin | Piper Sandler | Raises | Underweight | $35.00 | $20.00 |
| Mohammed Khallouf | HSBC | Announces | Hold | $37.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Unity Software. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Unity Software compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Unity Software's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Unity Software analyst ratings.
Unveiling the Story Behind Unity Software
Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
Unity Software: A Financial Overview
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Unity Software's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 11.95%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Unity Software's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -41.48%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Unity Software's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -7.87%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Unity Software's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -3.45%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Unity Software's debt-to-equity ratio stands notably higher than the industry average, reaching 0.85. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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