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A Quick Look at Today's Ratings for Unity Software(U.US), With a Forecast Between $15 to $28

Moomoo News ·  Nov 9 21:00  · Ratings

On Nov 09, major Wall Street analysts update their ratings for $Unity Software (U.US)$, with price targets ranging from $15 to $28.

Morgan Stanley analyst Matthew Cost maintains with a buy rating, and adjusts the target price from $22 to $24.

Macquarie analyst Tim Nollen maintains with a sell rating.

Oppenheimer analyst Martin Yang maintains with a hold rating.

Stifel analyst J. Parker Lane maintains with a buy rating, and adjusts the target price from $25 to $28.

Wedbush analyst Michael Pachter maintains with a buy rating, and maintains the target price at $27.

Furthermore, according to the comprehensive report, the opinions of $Unity Software (U.US)$'s main analysts recently are as follows:

  • The firm expressed optimism about Unity's potential following a quarter that surpassed expectations, with the new management team's initial full quarter results being a key highlight. This positive outlook is based on the company's promising future and recent performance.

  • Unity's outlook appears positive despite the modest growth in ad revenues and a steady 12% organic growth in Create subscriptions, according to an analyst note.

  • Unity's Q3 results surpassed expectations and suggest a potential recovery from its lowest point. However, the company faces modest revenue growth and limited margin expansion, with projections indicating that the game engine's growth may not exceed mid-single digits by 2025. Moreover, Unity's advertising technology overhaul faces significant challenges in its effort to rival with established competitors.

  • The firm acknowledges that Unity's results have surpassed expectations, which were moderated last quarter following leadership changes. The anticipation is for top-line metrics to face challenges up to Q4; however, the outlook towards 2025 is optimistic with potential improvements foreseen in both the Create and Grow segments of the company.

Here are the latest investment ratings and price targets for $Unity Software (U.US)$ from 6 analysts:

StockTodayLatestRating_mm_79517024736818_20241109_en

Note:

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