Unity Software (U) shares surged 9.64% to close at $27.53 as investors anticipate the company’s Q4 earnings report scheduled for February 11. The rally marks a significant rebound driven by a broader technology sector recovery and value-seeking behavior ahead of the financial update.
- Analysts expect revenue to grow 7.7% to reach $492.1 million for the quarter.
- Despite recent monthly declines, the stock maintains an average analyst price target of $46.69.
- The current momentum signals a potential reversal after the stock faced heavy selling pressure earlier this year.