Unity Software (NYSE:U) Stock Moved Up to Buy by Wall Street Zen

Wall Street Zen upgraded shares of Unity Software (NYSE:U) from a hold rating to a buy rating in a report released on Saturday,Wall Street Zen reports.

A number of other brokerages have also recently issued reports on U. Deutsche Bank Aktiengesellschaft upgraded shares of Unity Software from a “hold” rating to a “buy” rating and increased their price objective for the company from $31.00 to $50.00 in a research note on Friday, August 7th. Raymond James Financial assumed coverage on shares of Unity Software in a research report on Monday, June 29th. They set a “market perform” rating on the stock. Piper Sandler upped their target price on shares of Unity Software from $45.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Benchmark raised shares of Unity Software from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research report on Friday, August 7th. Finally, Bank of America upgraded shares of Unity Software from a “neutral” rating to a “buy” rating and raised their price target for the stock from $30.00 to $50.00 in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Unity Software currently has a consensus rating of “Moderate Buy” and an average target price of $45.16.

Unity Software Stock Performance

Shares of NYSE U opened at $41.58 on Friday. The business has a fifty day simple moving average of $40.36 and a 200 day simple moving average of $30.85. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $18.30 billion, a price-to-earnings ratio of -30.57, a PEG ratio of 1.82 and a beta of 2.06. Unity Software has a one year low of $16.78 and a one year high of $52.15.

Unity Software (NYSE:U) last issued its earnings results on Thursday, August 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of ($0.11) by $0.39. Unity Software had a positive return on equity of 4.64% and a negative net margin of 28.97%.The firm had revenue of $546.47 million during the quarter, compared to analysts’ expectations of $514.72 million. During the same period last year, the business earned $0.18 earnings per share. Unity Software’s quarterly revenue was up 24.0% compared to the same quarter last year. Sell-side analysts expect that Unity Software will post 0.55 EPS for the current year.

Insider Buying and Selling

In other Unity Software 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 transaction of $1,178,830.27. Following the completion of the transaction, the chief financial officer directly owned 678,343 shares of the company’s stock, valued at approximately $30,735,721.33. This trade represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Rebecca Boyden sold 1,032 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $45.32, for a total transaction of $46,770.24. Following the completion of the sale, the senior vice president owned 308,413 shares in the company, valued at $13,977,277.16. This represents a 0.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 109,547 shares of company stock valued at $4,884,202. 0.77% of the stock is owned by insiders.

Hedge Funds Weigh In On Unity Software

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atreides Management LP bought a new stake in Unity Software during the second quarter worth about $292,826,000. Geode Capital Management LLC increased its holdings in shares of Unity Software by 5.9% during the fourth quarter. Geode Capital Management LLC now owns 5,852,047 shares of the company’s stock worth $258,547,000 after buying an additional 328,595 shares in the last quarter. Norges Bank bought a new position in shares of Unity Software in the fourth quarter valued at approximately $230,285,000. Resolute Advisors LLC raised its stake in shares of Unity Software by 473.3% in the second quarter. Resolute Advisors LLC now owns 4,766,219 shares of the company’s stock valued at $136,219,000 after acquiring an additional 3,934,840 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Unity Software by 52.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,245,014 shares of the company’s stock worth $93,089,000 after acquiring an additional 1,465,962 shares in the last quarter. 73.46% of the stock is currently owned by institutional investors and hedge funds.

Unity Software News Roundup

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

• Positive Sentiment: Unity announced immediate, day-one engine support for Meta’s next-generation VR Glasses, which are expected to launch in spring 2027. Developers can begin building and testing experiences now using Unity’s updated plugins, advanced rendering tools, Meta AI integrations, and mixed-reality APIs. This could expand Unity’s addressable developer ecosystem and strengthen its position as a preferred platform for immersive-content creation. Unity Delivers Day-One Support for Meta VR Glasses
• Positive Sentiment: Trading activity showed heavy call-option buying in Unity, suggesting that some options traders are positioning for further upside or increased volatility. However, options activity is speculative and does not necessarily reflect long-term fundamental conviction. Unity Software Stock Sees Heavy Call Option Buying
• Neutral Sentiment: Unity initially gained following Meta’s VR hardware announcement, as investors viewed the device launch as a potential catalyst for new developer demand and immersive-content creation. Subsequent reports indicate that the initial optimism was not sustained. Unity Software Stock Surges on Meta’s New VR and AI Hardware Push
• Negative Sentiment: Unity shares declined more sharply than the broader market after Meta unveiled AI-powered game-building tools. Investors may be concerned that Meta’s expanding creation tools could reduce reliance on third-party engines or intensify competition in game and VR development. Gaming Stocks Fall After Meta Unveils AI Game-Building Tools

About Unity Software

Unity Software Inc develops software and services for creating, operating and monetizing interactive, real-time 2D and 3D content. Its platform is widely used to build video games for mobile devices, personal computers, consoles and the web, as well as applications for industries such as automotive, architecture, engineering, construction, manufacturing and media.

The company’s core offerings include the Unity Engine and related development tools, which support graphics, physics, animation, audio, scripting and deployment across multiple platforms.