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Wedbush Stick to Their Buy Rating for Unity Software

Published 02/01/2021, 08:26 AM
Updated 02/01/2021, 08:26 AM


Wedbush analyst Michael Pachter maintained a Buy rating on Unity Software on Monday, setting a price target of $175, which is approximately 16.81% above the present share price of $149.82.

Pachter expects Unity Software to post earnings per share (EPS) of -$0.97 for the first quarter of 2021.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Unity Software, with an average price target of $138.67.
The analysts price targets range from a high of $175 to a low of $95.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $200.78 million and a net profit of -$141.68 million. The company's market cap is $40.57 billion.

According to TipRanks.com, Wedbush analyst Michael Pachter is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.5% and a 61.03% success rate.

Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used 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 business is spread across the United States, Greater China, the Middle East and Africa, and Asia-Pacific. The products are used in gaming industry, architecture and construction sector, animation industry, and designing sector.

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