Unisys Shareholders Back Board, Name New Independent Chair

Unisys ( (UIS) ) has issued an update.

Unisys Corporation reported the results of its April 30, 2026 annual meeting of stockholders, where approximately 88% of eligible shares were represented, and all 10 director nominees were elected to serve until the 2027 meeting. Shareholders also approved the 2025 executive compensation package, ratified Grant Thornton LLP as independent auditor for fiscal 2026, and backed an amendment to the 2024 long-term incentive and equity compensation plan, but an amendment to eliminate supermajority voting provisions in the company’s charter failed to secure sufficient support.

Following the retirement of former chair Peter Altabef on April 30, 2026, the board appointed long-time director Nathaniel A. Davis, previously the lead independent director since 2018, as the new independent chair, and consequently discontinued the separate lead independent director role. The voting outcomes and leadership transition collectively signal continued investor support for Unisys’s current governance and compensation structures, while the failed bid to remove supermajority rules suggests limits to shareholder-driven changes in the company’s corporate governance framework.

The most recent analyst rating on (UIS) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Unisys stock, see the UIS Stock Forecast page.

Spark’s Take on UIS Stock

According to Spark, TipRanks’ AI Analyst, UIS is a Neutral.

The score is held down primarily by weak financial performance (losses and negative TTM cash flow with meaningful leverage). Technicals are also soft with the price below key longer-term moving averages and a negative MACD. The earnings call provides some support via improving non-GAAP margins and strong License & Support trends, but near-term revenue decline and continued pension-related cash demands keep risk elevated.

To see Spark’s full report on UIS stock, click here.

More about Unisys

Unisys Corporation is an information technology company that provides IT services and solutions, including digital workplace services, cloud and infrastructure management, and enterprise computing offerings. The company focuses on serving corporate and government clients that require secure, mission-critical technology and consulting support across global markets.

Average Trading Volume: 827,085

Technical Sentiment Signal: Sell

Current Market Cap: $192.4M

For an in-depth examination of UIS stock, go to TipRanks’ Overview page.