Unity price target lowered to $27 from $47 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Unity (U) to $27 from $47 and keeps a Neutral rating on the shares. Unity’s Q4 results exceeded revenue and adjusted EBITDA expectations, while Q1 guidance came in below prior forecasts, reflecting near-term headwinds, the analyst tells investors in a research note. Management highlighted strong momentum in Vector, stable Create performance, and long-term strategic focus on revenue growth and margin expansion across game creation, distribution, and in-game monetization, including opportunities from the global China-based ecosystem, the firm says.

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