Morgan Stanley raised the firm’s price target on Unity (U) to $40 from $25 and keeps an Overweight rating on the shares. The company posted a Q2 beat as Vector drove 15% sequential growth for Unity Ads. The firm, which came away from the report “significantly more confident in earnings revisions ahead,” raised its own FY26 and FY27 EBITDA estimates by 8% and 19%, respectively, and recommends investors to be “buyers of any tactical weakness.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on U:
- Unity price target raised to $35 from $30 at Citizens JMP
- Unity price target raised to $29 from $24 at Wells Fargo
- Unity Software: Hold Rating Amid Mixed Financial Signals and Modest Revenue Growth
- Unity Software Reports Mixed Q2 2025 Financial Results
- Unity Software’s Strong Q2 Performance and Strategic Improvements Justify Buy Rating