Shares of Unity Software Inc (U, Financial) were up 3.07% in midday trading on Sept. 19. The stock reached an intraday high of $21.17, before closing at $20.84, up from the previous close of $20.22. This puts U 52.14% below its 52-week high of $43.54 and 49.98% above its 52-week low of $13.90. Trading volume was 3,302,144 shares, 26.8% of its average daily volume of 12,335,897.
Wall Street analysts predict
Based on 1-year price targets provided by 22 analysts, the average price target for Unity Software Inc (U, Financial) is $20.48 with a high estimate of $40.00 and a low estimate of $10.00. The average target implies a downside of 1.74% from the current price of $20.84. More detailed estimations data can be found on the Unity Software Inc (U) Forecast page.
Based on the consensus recommendation of 29 brokerage firms, the average brokerage recommendation for Unity Software Inc (U, Financial) currently stands at 2.4, which indicates an “Outperform” status. The rating scale ranges from 1 to 5, where 1 represents Strong Buy and 5 represents Sell.
Based on GuruFocus estimates, the estimated GF Value for Unity Software Inc (U, Financial) in one year is $34.89, suggesting a 67.42% increase from the current price of $20.84. 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 company’s past growth rate 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 based on historical data and analyst forecasts, uses an unbiased methodology, and is not intended to provide specific investment guidance. It does not constitute a recommendation to buy or sell any stock, and does not take into account individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Please note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus has no position in the stocks mentioned herein.