Shares of Unity Software Inc (U, Financial) fell 4.88% in afternoon trading on December 27. The stock hit an intraday low of $22.81 before recovering slightly to $22.99, down from the previous close of $24.17. This puts you 47.20% below the 52-week high of $43.54 and 65.46% above the 52-week low of $13.90. Trading volume was 3,031,816 shares, 26.5% of the average daily volume of 11,446,464.
Wall Street analysts predict
Based on the one-year price targets of 22 analysts, the average target price for Unity Software Inc (U, Financial) is $22.17 with a high estimate of $30.00 and a low estimate of $15.00. The average target implies a downside of 3.57% from the current price of $22.99. More detailed estimate data can be found on the Unity Software Inc (U) Forecast page.
Based on the consensus recommendation of 30 brokerage firms, the average broker recommendation of Unity Software Inc (U, Financial) is currently 2.4, indicating “Outperform” status. The rating scale runs from 1 to 5, with 1 being a strong buy and 5 being a sell.
Based on GuruFocus estimates, the estimated GF value for Unity Software Inc (U, Financial) in one year is $31.42, which suggests an increase of 36.67% from the current price of $22.99. GF Value is GuruFocus’ estimate of the fair value at which the stock should trade. It is calculated based on the historical multiples that the stock has previously traded at, as well as the past business growth and future estimates of the company’s performance. More detailed data can be found on the Unity Software Inc (U) Summary page.
This article, generated by GuruFocus, is intended to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst forecasts, uses an unbiased methodology and is not intended as specific investment guidance. It does not make a recommendation to purchase or dispose of shares and does not take into account individual investment objectives or financial circumstances. Our goal is to deliver fundamental, long-term data-driven analysis. Please note that our analysis may not include the most recent price-sensitive company announcements or qualitative information. GuruFocus has no positions in the stocks mentioned herein.
