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BofA upgrades Unity Software stock rating on improved risk balance
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BofA upgrades Unity Software stock rating on improved risk balance

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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold hands back some gains as stronger dollar weighs; Iran conflict in spotlight U.S. stock futures fall sharply as Middle East conflict widens Oil extends surge on concerns surrounding Strait of Hormuz closure Futures drop, oil prices climb amid Iran conflict - what’s moving markets FLASH SALE (South Africa Philippines Nigeria) FLASH SALE BofA upgrades Unity Software stock rating on improved risk balance By Investing.com Analyst Ratings Published 03/03/2026, 07:09 AM BofA upgrades Unity Software stock rating on improved risk balance 0 U 3.51% Investing.com - BofA Securities upgraded Unity Software (NYSE:U) to Neutral from Underperform on Tuesday, raising its price target to $19.00 from $18.00. The stock currently trades at $18.87, below InvestingPro ’s Fair Value of $23.79, suggesting the shares remain undervalued despite recent volatility. The firm said the balance of risk has improved for the gaming software company. The weaker-than-expected first-quarter guidance has likely deflated buy-side estimates for 2026, reducing the risk of further cuts. BofA Securities identified near-term catalysts as balanced. Unity Engine’s technology roadmap, to be showcased at the Game Developers Conference from March 9 to March 13, could give hope for a consumption-based revenue model or an increased willingness to pay by the long tail of non-paying users. The long-awaited use of run-time data to inform ad targeting, beginning in the second quarter, could also prove Unity Engine a valuable strategic asset. The firm said it would look for aggressive second-quarter 2026 guidance to signal the beginning of a sustained Grow Segment acceleration. At 16 times Street 2026 estimated EBITDA, valuation is near a historical low, making further de-rating less likely, the firm said. Supporting this outlook, InvestingPro Tips indicate analysts predict the company will be profitable this year, with net income expected to grow. For deeper ...
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