Wall Street Analysts Believe Unity Software (U) Could Rally 27.69%: Here's is How to Trade

Group 1 - Unity Software Inc. shares have increased by 3.4% over the past four weeks, closing at $20.66, with a mean price target of $26.38 indicating a potential upside of 27.7% [1] - The average of 16 short-term price targets ranges from a low of $15 to a high of $35, with a standard deviation of $5.69, suggesting variability in analyst estimates [2] - Analysts have shown increasing optimism regarding Unity's earnings prospects, with a strong agreement in revising EPS estimates higher, which correlates with potential stock price movements [11][12] Group 2 - The Zacks Consensus Estimate for the current year has risen by 0.5% over the past month, indicating positive sentiment among analysts [12] - Unity currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of potential gains, the direction it implies appears to be a good guide for future price movements [13]