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Unisys (UIS)
NYSE:UIS
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Unisys (UIS) AI Stock Analysis

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UIS

Unisys

(NYSE:UIS)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
$3.00
▼(-3.85% Downside)
Action:Reiterated
Date:07/31/26
The score is held back mainly by weak financial performance (material revenue contraction, ongoing net losses, and balance-sheet risk despite improved equity), with only partial offset from recent cash generation. Technicals are mixed (weak short-term trend but better vs. longer-term averages). The latest earnings call was moderately supportive due to strong bookings/backlog and reaffirmed margin targets, but guidance still points to declining revenue, GAAP volatility, and a negative full-year free cash flow base case, limiting upside.
Positive Factors
Strong bookings and backlog
A 57% YoY surge in new business TCV and a $2.8B backlog provide durable multi-quarter revenue visibility and conversion optionality. High backlog supports predictable service demand, improves planning for delivery capacity, and underpins cross-sell of higher‑margin modernization and AI services over the next several quarters.
Negative Factors
Sharp revenue contraction and net losses
A pronounced TTM revenue decline and persistent net losses reduce scale economics and can erode pricing power and investment capacity. Sustained top‑line weakness increases dependence on backlog conversion, raises fixed‑cost absorption risk, and could pressure margins and cash flow if bookings growth falters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong bookings and backlog
A 57% YoY surge in new business TCV and a $2.8B backlog provide durable multi-quarter revenue visibility and conversion optionality. High backlog supports predictable service demand, improves planning for delivery capacity, and underpins cross-sell of higher‑margin modernization and AI services over the next several quarters.
Read all positive factors

Unisys (UIS) vs. SPDR S&P 500 ETF (SPY)

Unisys Business Overview & Revenue Model

Company Description
Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States, the United Kingdom, and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, App...
How the Company Makes Money
Unisys primarily makes money by selling IT services and solutions under customer contracts. Key revenue streams typically include: (1) Services revenue from consulting, systems integration, and managed services/outsourcing engagements where Unisys...

Unisys Earnings Call Summary

Earnings Call Date:Jul 29, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Nov 09, 2026
Earnings Call Sentiment Positive
The call presented a constructive operational picture—strong new business signings (TCV +57% YoY), TS&S revenue growth and segment margin gains (TS&S +170 bps, CA&I +420 bps), backlog of $2.8 billion, and concrete AI and data-center positioning—while acknowledging near-term financial and accounting pressures (a $47.2M goodwill impairment, GAAP net loss, negative quarterly cash flow, ClearPath renewal timing and an expected ~$200M nonoperating pension-related charge in Q3). Management reiterated full-year targets and emphasized durable pipeline, margin improvement plans and pension liability reduction. Overall the tenor was optimistic about durable demand and margin recovery but transparent about short-term GAAP volatility and cash impacts.
Positive Updates
Total Revenue and Segment Performance
Second quarter revenue of $474 million, a 2% year-over-year decline (negative 5.2% in constant currency), outperformed prior expectations; Technology Solutions & Services (TS&S) revenue was $404 million, up 2% year-over-year (down 1.3% in constant currency).
Negative Updates
GAAP Losses and One-Time Impairments
Second quarter GAAP operating loss of $33 million included a $47.2 million noncash goodwill impairment charge allocated to the Digital Workplace Solutions (DWS) segment; GAAP net loss was $95 million (diluted loss $1.31 per share).
Read all updates
Q2-2026 Updates
Negative
Total Revenue and Segment Performance
Second quarter revenue of $474 million, a 2% year-over-year decline (negative 5.2% in constant currency), outperformed prior expectations; Technology Solutions & Services (TS&S) revenue was $404 million, up 2% year-over-year (down 1.3% in constant currency).
Read all positive updates
Company Guidance
Unisys reaffirmed its 2026 guidance, calling for full‑year revenue to decline 5.0%–3.5% (reported −2.6% to −1.1% at June 30 FX), with TS&S revenue down 6%–4% in constant currency and ClearPath revenue pegged at $425 million (up from $415M; ~ $400M average expected for 2027–28). The company reiterated full‑year non‑GAAP operating profit margin of 9%–11%, expects targeted TS&S gross margin improvement of 100–200 bps and a slight year‑over‑year increase in ClearPath gross margin, and plans $10M–$20M of operating expense savings. For Q3 it expects roughly $450M of revenue (~$370M TS&S, ~$80M ClearPath) and about a 4% non‑GAAP operating margin (implying ClearPath will exceed ~$200M in Q4 to reach $425M for the year), and it anticipates approximately $200M of non‑operating GAAP items in Q3 related to a likely annuity purchase that would remove ~ $200M of U.S. pension liabilities. The base‑case free cash flow outlook remains ~ −$25M for the year (≈ $75M pre‑pension/post‑retirement), based on assumptions of ~ $85M CapEx, ~$70M cash taxes, ~$70M net interest, ~$30M environmental/legal/restructuring, and ~$100M of pension/post‑retirement contributions (≈ $25M in Q3; ~$40M expected in H2); liquidity includes $324M cash at June 30, an undrawn $125M ABL, no material debt maturities before 2031, a year‑end pension deficit of ~ $450M (improved ~ $30M YTD) and net leverage including the year‑end pension deficit of ~3.1x.

Unisys Financial Statement Overview

Summary
Fundamentals are mixed but skew weak: income statement quality is pressured by sharp TTM revenue contraction and persistent net losses, and the balance sheet has elevated leverage with a history of negative equity (despite turning positive in TTM). Offsetting this, TTM operating cash flow and free cash flow are positive, though cash flow has been volatile year-to-year.
Income Statement
24
Negative
Balance Sheet
32
Negative
Cash Flow
41
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.95B1.95B2.01B2.02B1.98B2.05B
Gross Profit541.60M549.30M585.90M551.30M529.60M572.00M
EBITDA-185.30M-123.60M63.00M-178.20M153.30M-252.90M
Net Income-421.30M-339.80M-193.40M-430.70M-106.00M-448.50M
Balance Sheet
Total Assets1.64B1.85B1.87B1.97B2.07B2.42B
Cash, Cash Equivalents and Short-Term Investments324.30M413.90M376.50M387.70M391.80M552.90M
Total Debt758.80M788.30M537.10M548.90M568.80M610.90M
Total Liabilities1.99B2.11B2.14B2.10B2.04B2.48B
Stockholders Equity-367.40M-282.60M-283.40M-151.80M-14.70M-113.70M
Cash Flow
Free Cash Flow63.80M-217.60M55.30M6.90M-64.60M86.70M
Operating Cash Flow112.20M-140.00M135.10M74.20M12.70M132.50M
Investing Cash Flow-66.00M-31.80M-97.40M-69.60M-131.40M-360.30M
Financing Cash Flow-18.90M186.00M-18.10M-17.30M-21.60M-105.50M

Unisys Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.12
Price Trends
50DMA
3.69
Negative
100DMA
3.11
Negative
200DMA
2.95
Negative
Market Momentum
MACD
-0.20
Positive
RSI
34.66
Neutral
STOCH
13.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UIS, the sentiment is Negative. The current price of 3.12 is below the 20-day moving average (MA) of 3.42, below the 50-day MA of 3.69, and above the 200-day MA of 2.95, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 34.66 is Neutral, neither overbought nor oversold. The STOCH value of 13.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UIS.

Unisys Risk Analysis

Unisys disclosed 23 risk factors in its most recent earnings report. Unisys reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Unisys Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$4.95B13.1027.22%1.24%-2.90%24.61%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
54
Neutral
$1.82B14.793.97%-2.42%-65.01%
54
Neutral
$1.27B-3.81-7.00%-3.50%16.13%
47
Neutral
$209.27M-0.71134.79%-0.61%-405.05%
45
Neutral
$1.43B-2.74-63.91%-35.67%-49.96%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
UIS
Unisys
2.88
-1.07
-27.09%
SAIC
Science Applications
124.28
9.78
8.54%
DXC
DXC Technology
11.09
-2.16
-16.30%
CLVT
Clarivate
1.85
-1.96
-51.44%
AI
C3ai
9.86
-12.80
-56.49%

Unisys Corporate Events

Business Operations and StrategyFinancial Disclosures
Unisys Showcases AI-First Strategy at 2026 Investor Day
Positive
Jun 2, 2026
Unisys plans to host a virtual Investor Day for institutional investors and financial analysts on June 2, 2026, where management will outline its evolved AI‑first strategy and provide an update on the company’s progress over the past t...
Executive/Board ChangesShareholder Meetings
Unisys Shareholders Back Board, Name New Independent Chair
Positive
May 4, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 31, 2026