Wedbush Has Positive View of Unity Software FY2026 Earnings

Unity Software Inc. (NYSE:U) – Investment analysts at Wedbush boosted their FY2026 earnings estimates for shares of Unity Software in a research report issued to clients and investors on Tuesday, December 2nd. Wedbush analyst A. Reese now expects that the company will post earnings of $0.34 per share for the year, up from their prior estimate of $0.33. Wedbush currently has a “Outperform” rating and a $55.00 target price on the stock. The consensus estimate for Unity Software’s current full-year earnings is ($1.25) per share. Wedbush also issued estimates for Unity Software’s FY2027 earnings at $0.74 EPS.

Several other equities analysts have also issued reports on the company. HSBC lowered Unity Software from a “buy” rating to a “hold” rating and increased their target price for the stock from $37.50 to $40.80 in a research note on Tuesday, September 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, October 8th. Needham & Company LLC lifted their price objective on shares of Unity Software from $40.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Arete raised shares of Unity Software from a “neutral” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Monday. Finally, Wall Street Zen lowered shares of Unity Software from a “buy” rating to a “hold” rating in a report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Unity Software currently has a consensus rating of “Hold” and a consensus target price of $39.99.

Unity Software Trading Down 1.1%

U opened at $44.13 on Wednesday. Unity Software has a 52 week low of $15.33 and a 52 week high of $46.94. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.70. The business has a fifty day simple moving average of $38.93 and a 200-day simple moving average of $34.70. The firm has a market cap of $18.88 billion, a P/E ratio of -42.03 and a beta of 2.04.

Unity Software (NYSE:U) last posted its earnings results on Wednesday, November 5th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03. The firm had revenue of $470.62 million during the quarter, compared to the consensus estimate of $452.87 million. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.45%. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.31) EPS.

Insider Transactions at Unity Software

In other Unity Software news, COO Alexander Blum sold 40,693 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total value of $1,683,876.34. Following the sale, the chief operating officer directly owned 563,118 shares in the company, valued at $23,301,822.84. This trade represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew S. Bromberg sold 41,025 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total value of $1,697,614.50. Following the transaction, the chief executive officer directly owned 1,192,541 shares of the company’s stock, valued at approximately $49,347,346.58. This represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,506,658 shares of company stock valued at $107,478,975 over the last ninety days. Company insiders own 3.61% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in shares of Unity Software in the third quarter valued at approximately $27,000. Larson Financial Group LLC raised its position in Unity Software by 88.1% in the 3rd quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock valued at $29,000 after purchasing an additional 341 shares during the last quarter. IFP Advisors Inc acquired a new stake in Unity Software during the 3rd quarter worth $33,000. Aster Capital Management DIFC Ltd acquired a new stake in Unity Software during the 3rd quarter worth $38,000. Finally, Salem Investment Counselors Inc. purchased a new position in Unity Software during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 73.46% of the company’s stock.

About Unity Software

Unity Software Inc operates a real-time 3D development platform. Its platform provides software solutions 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 company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide.