Here’s What Wall Street Thinks About Unity Software Inc. (U)

Group 1: Company Overview - Unity Software Inc. (NYSE:U) develops a platform for creating and operating real-time 2D and 3D interactive content, primarily for games across mobile, PC, console, and XR devices [4] Group 2: Analyst Ratings and Price Targets - Clark Lampen from BTIG reiterated a Buy rating on Unity Software Inc. with a price target of $60 [1] - Piper Sandler upgraded Unity Software Inc. from Neutral to Overweight and raised the price target from $43 to $59 [1] Group 3: Growth Potential and Market Outlook - Analysts at BTIG highlighted the company's growth segment potential as a key factor behind their bullish outlook, believing the industry outlook is improving and will significantly benefit the company [2] - Piper Sandler noted that the mobile app advertising market remains healthy, with over 15% quarter-over-quarter growth in the company's Vector ad business over the past two quarters, driven by Unity's new machine learning model foundation [3] - The growth in the Vector ads segment is further supported by Runtime data, enabling accelerated growth [3] Group 4: Valuation Insights - BTIG sees Unity Software Inc.'s share price as undervalued when considering its intrinsic value and growth potential [2]