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Unity Software shares rise as strong Q3 results and higher outlook continue to support momentum

Investivoq PriceTracker

Unity Software Inc. (U) is up 5.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued momentum from Unity’s strong third-quarter earnings report, which showed accelerating ad growth, a return to GAAP profitability, and upbeat fourth-quarter guidance. With several analysts raising price targets after the report, investors appear to be extending the post-earnings re-rating rather than reacting to a single fresh headline.

Details:

  • Unity’s third-quarter revenue reached $622 million, up 32% year over year, while strategic revenue rose 59%, showing stronger-than-expected growth in the core business.
  • The company posted GAAP net income of $122 million and adjusted EBITDA of $257 million, marking its first GAAP-profitable quarter since going public and reinforcing the turnaround story.
  • Management highlighted especially strong traction in Vector, with 126% year-over-year growth and 40% sequential growth, helping lift the Grow Solutions segment.
  • Unity guided for fourth-quarter strategic revenue of $683 million to $691 million and adjusted EBITDA of $290 million to $295 million, and multiple Wall Street firms lifted their price targets after the release.

    • Sources:

    Unity Investor Relations, Investing.com, StockAnalysis.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $U Insider Trading Activity

    U Insider Trades

    $U insiders have traded $U stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.

    Here’s a breakdown of recent trading of $U stock by insiders over the last 6 months:

    • MATTHEW S BROMBERG (President and CEO) has made 0 purchases and 4 sales selling 255,376 shares for an estimated $9,650,107.
    • ALEXANDER BLUM (SVP, Chief Operating Officer) has made 0 purchases and 7 sales selling 87,223 shares for an estimated $3,490,402.
    • JARROD YAHES (SVP, Chief Financial Officer) has made 0 purchases and 3 sales selling 50,038 shares for an estimated $1,831,744.
    • MARK BARRYSMITH (Chief Accounting Officer) sold 13,247 shares for an estimated $360,053
    • REBECCA BERENICE BOYDEN (SVP, Chief Legal Officer) has made 0 purchases and 3 sales selling 1,984 shares for an estimated $72,663.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $U Hedge Fund Activity

    We have seen 384 institutional investors add shares of $U stock to their portfolio, and 276 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM removed 10,818,113 shares (-96.6%) from their portfolio in Q3 2026, for an estimated $442,785,365
    • JPMORGAN CHASE & CO added 7,387,331 shares (+1375.0%) to their portfolio in Q3 2026, for an estimated $302,363,457
    • AQR CAPITAL MANAGEMENT LLC added 6,960,650 shares (+2420.7%) to their portfolio in Q2 2026, for an estimated $198,935,377
    • UBS GROUP AG removed 6,080,413 shares (-73.8%) from their portfolio in Q3 2026, for an estimated $248,871,304
    • D. E. SHAW & CO., INC. added 5,791,776 shares (+176.0%) to their portfolio in Q2 2026, for an estimated $165,528,958
    • SLATE PATH CAPITAL LP added 4,725,400 shares (+41.6%) to their portfolio in Q2 2026, for an estimated $135,051,932
    • FMR LLC added 4,626,978 shares (+79.6%) to their portfolio in Q3 2026, for an estimated $189,382,209

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $U Analyst Ratings

    Wall Street analysts have issued reports on $U in the last several months. We have seen 16 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Freedom Capital Markets issued a "Buy" rating on 11/06/2026
    • Citigroup issued a "Buy" rating on 11/06/2026
    • Oppenheimer issued a "Outperform" rating on 11/06/2026
    • Citizens issued a "Market Outperform" rating on 11/06/2026
    • Wells Fargo issued a "Overweight" rating on 11/06/2026
    • Wedbush issued a "Outperform" rating on 11/06/2026
    • Needham issued a "Buy" rating on 11/06/2026

    To track analyst ratings and price targets for $U, check out Investivoq's $U forecast page.

    $U Price Targets

    Multiple analysts have issued price targets for $U recently. We have seen 15 analysts offer price targets for $U in the last 6 months, with a median target of $59.0.

    Here are some recent targets:

    • Nick McKay from Freedom Capital Markets set a target price of $62.0 on 11/06/2026
    • Jason Bazinet from Citigroup set a target price of $59.0 on 11/06/2026
    • Martin Yang from Oppenheimer set a target price of $64.0 on 11/06/2026
    • Andrew Boone from Citizens set a target price of $70.0 on 11/06/2026
    • Alec Brondolo from Wells Fargo set a target price of $64.0 on 11/06/2026
    • Alicia Reese from Wedbush set a target price of $63.0 on 11/06/2026
    • Bernie McTernan from Needham set a target price of $70.0 on 11/06/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.