Unity Bancorp (UNTY) Stock Forecast, Price Target & Predictions
UNTY Stock Forecast
Unity Bancorp stock forecast is as follows: an average price target of $32.00 (represents a -4.33% downside from UNTY’s last price of $33.45) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
UNTY Price Target
The average price target for Unity Bancorp (UNTY) is $32.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $32.00. This represents a potential -4.33% downside from UNTY's last price of $33.45.
UNTY Analyst Ratings
According to 1 Wall Street analysts, Unity Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for UNTY stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Unity Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 15, 2022 | - | Janney Montgomery | $32.00 | $26.82 | 19.31% | -4.33% |
The latest Unity Bancorp stock forecast, released on Dec 15, 2022 by Janney Montgomery company, set a price target of $32.00, which represents a 19.31% increase from the stock price at the time of the forecast ($26.82), and a -4.33% decrease from UNTY last price ($33.45).
Unity Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $33.45 | $33.45 | $33.45 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Unity Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Unity Bancorp's last price of $33.45. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 15, 2022 | Janney Montgomery | - | Buy | Initialise |
Unity Bancorp's last stock rating was published by Janney Montgomery on Dec 15, 2022. The company Initialise its UNTY rating from "null" to "Buy".
Unity Bancorp Financial Forecast
Unity Bancorp Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $40.33M | $25.36M | $25.51M | $25.15M | $26.51M | $24.69M | - | $58.00K | $23.20M | $21.80M | $20.84M | $21.48M | $20.82M | $18.79M | $17.68M | $17.51M | $16.29M | $17.07M | $16.56M | $16.12M | $16.09M | $16.33M |
| Avg Forecast | $30.18M | $29.24M | $28.19M | $27.14M | $26.66M | $26.09M | $25.94M | $25.63M | $24.98M | $25.32M | $24.77M | $25.55M | $26.47M | $25.14M | $23.51M | $22.40M | $22.45M | $22.41M | $21.65M | $21.70M | $19.75M | $19.03M | $17.32M | $17.23M | $16.95M | $16.85M | $16.55M | $16.10M | $16.09M | $16.37M |
| High Forecast | $30.19M | $29.25M | $28.20M | $27.15M | $26.67M | $26.39M | $25.95M | $25.64M | $25.08M | $25.33M | $24.78M | $25.55M | $26.48M | $25.15M | $23.51M | $22.46M | $22.51M | $22.48M | $21.71M | $21.76M | $19.81M | $19.08M | $17.37M | $17.28M | $17.00M | $16.90M | $16.59M | $16.14M | $19.30M | $19.64M |
| Low Forecast | $30.18M | $29.24M | $28.19M | $27.14M | $26.66M | $25.79M | $25.94M | $25.63M | $24.88M | $25.32M | $24.77M | $25.55M | $26.47M | $25.14M | $23.51M | $22.33M | $22.39M | $22.35M | $21.59M | $21.64M | $19.70M | $18.98M | $17.27M | $17.18M | $16.90M | $16.80M | $16.50M | $16.05M | $12.87M | $13.09M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | 1.61% | 1.00% | 1.03% | 0.98% | 1.00% | 0.98% | - | 0.00% | 1.03% | 0.97% | 0.96% | 0.99% | 1.05% | 0.99% | 1.02% | 1.02% | 0.96% | 1.01% | 1.00% | 1.00% | 1.00% | 1.00% |
Unity Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $25.63M, with a low forecast of $25.63M, and a high forecast of $25.64M. UNTY's average Quarter revenue forecast represents a -36.45% decrease compared to the company's last Quarter revenue of $40.33M (Dec 23).
Unity Bancorp EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | - | $13.05M | $24.98M | $23.23M | $19.91M | $16.45M | - | $13.57M | $14.55M | $14.74M | $13.23M | $14.47M | $13.43M | $11.57M | $10.89M | $11.62M | $12.96M | $12.63M | $12.72M | $11.67M | $11.82M | $10.84M |
| Avg Forecast | $13.07M | $12.66M | $12.21M | $11.75M | $11.55M | $11.30M | $11.24M | $15.62M | $10.82M | $10.97M | $10.73M | $14.20M | $11.46M | $14.85M | $10.16M | $12.91M | $9.70M | $13.50M | $13.55M | $13.71M | $10.88M | $9.56M | $8.31M | $11.86M | $12.47M | $12.40M | $12.72M | $10.95M | $11.82M | $11.05M |
| High Forecast | $13.08M | $12.67M | $12.22M | $11.76M | $11.55M | $11.43M | $11.24M | $18.75M | $10.87M | $10.97M | $10.73M | $17.05M | $11.47M | $17.82M | $10.16M | $15.50M | $9.73M | $16.20M | $16.26M | $16.45M | $13.06M | $11.47M | $9.97M | $14.23M | $14.97M | $14.88M | $15.27M | $13.14M | $14.19M | $13.26M |
| Low Forecast | $13.07M | $12.66M | $12.21M | $11.75M | $11.55M | $11.17M | $11.24M | $12.50M | $10.78M | $10.97M | $10.73M | $11.36M | $11.46M | $11.88M | $10.16M | $10.33M | $9.68M | $10.80M | $10.84M | $10.97M | $8.71M | $7.64M | $6.65M | $9.49M | $9.98M | $9.92M | $10.18M | $8.76M | $9.46M | $8.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.19% | 2.33% | 1.64% | 1.74% | 1.11% | - | 1.05% | 1.50% | 1.09% | 0.98% | 1.06% | 1.23% | 1.21% | 1.31% | 0.98% | 1.04% | 1.02% | 1.00% | 1.07% | 1.00% | 0.98% |
2 analysts predict UNTY's average Quarter EBITDA for Dec 23 to be $10.82M, with a high of $10.87M and a low of $10.78M. This is -17.06% lower than Unity Bancorp's previous annual EBITDA (Sep 23) of $13.05M.
Unity Bancorp Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 19 |
| Net Income | - | - | - | - | - | - | - | - | $9.77M | $9.95M | $9.70M | $10.29M | $9.96M | $9.94M | - | $9.11M | $9.74M | $9.46M | $8.42M | $8.50M | $7.34M | $5.76M | $5.17M | $5.37M | $6.12M | $5.96M | $5.83M | $5.74M | $5.80M | $5.49M |
| Avg Forecast | $11.77M | $11.23M | $10.66M | $10.05M | $9.78M | $9.61M | $9.34M | $10.48M | $8.76M | $9.07M | $8.86M | $9.52M | $10.22M | $9.53M | $8.84M | $8.66M | $8.73M | $8.66M | $8.62M | $8.05M | $5.95M | $4.76M | $3.95M | $5.48M | $5.89M | $5.85M | $5.83M | $5.39M | $5.80M | $5.60M |
| High Forecast | $11.78M | $11.24M | $10.66M | $10.05M | $9.78M | $9.71M | $9.34M | $12.57M | $8.86M | $9.07M | $8.87M | $11.43M | $10.22M | $11.43M | $8.84M | $10.39M | $8.76M | $10.39M | $10.35M | $9.66M | $7.14M | $5.71M | $4.74M | $6.57M | $7.07M | $7.02M | $7.00M | $6.47M | $6.96M | $6.72M |
| Low Forecast | $11.77M | $11.23M | $10.66M | $10.05M | $9.78M | $9.41M | $9.34M | $8.38M | $8.66M | $9.07M | $8.86M | $7.62M | $10.22M | $7.62M | $8.84M | $6.93M | $8.70M | $6.93M | $6.90M | $6.44M | $4.76M | $3.81M | $3.16M | $4.38M | $4.71M | $4.68M | $4.67M | $4.31M | $4.64M | $4.48M |
| Surprise % | - | - | - | - | - | - | - | - | 1.12% | 1.10% | 1.09% | 1.08% | 0.97% | 1.04% | - | 1.05% | 1.12% | 1.09% | 0.98% | 1.06% | 1.23% | 1.21% | 1.31% | 0.98% | 1.04% | 1.02% | 1.00% | 1.07% | 1.00% | 0.98% |
Unity Bancorp's average Quarter net income forecast for Mar 24 is $10.48M, with a range of $8.38M to $12.57M. UNTY's average Quarter net income forecast represents a 7.23% increase compared to the company's last Quarter net income of $9.77M (Dec 23).
Unity Bancorp SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | $8.45M | $8.53M | $7.92M | $7.99M | $7.96M | - | $7.99M | $8.12M | $7.12M | $7.92M | $7.56M | $8.94M | $7.06M | $6.87M | $6.72M | $7.88M | $6.61M | $6.61M | $6.24M | $7.65M | $7.15M |
| Avg Forecast | $9.88M | $9.57M | $9.23M | $8.88M | $8.73M | $8.54M | $8.49M | $9.19M | $8.18M | $8.29M | $8.11M | $8.35M | $8.66M | $7.17M | $7.18M | $7.59M | $6.86M | $6.51M | $8.11M | $7.16M | $7.24M | $5.83M | $5.24M | $6.86M | $7.58M | $6.48M | $6.61M | $5.86M | $7.65M | $7.29M |
| High Forecast | $9.88M | $9.57M | $9.23M | $8.89M | $8.73M | $8.64M | $8.49M | $11.02M | $8.21M | $8.29M | $8.11M | $10.02M | $8.67M | $8.60M | $7.18M | $9.11M | $6.87M | $7.82M | $9.73M | $8.59M | $8.69M | $7.00M | $6.29M | $8.23M | $9.10M | $7.78M | $7.93M | $7.03M | $9.18M | $8.75M |
| Low Forecast | $9.88M | $9.57M | $9.23M | $8.88M | $8.73M | $8.44M | $8.49M | $7.35M | $8.14M | $8.29M | $8.11M | $6.68M | $8.66M | $5.73M | $7.18M | $6.07M | $6.84M | $5.21M | $6.49M | $5.73M | $5.79M | $4.67M | $4.19M | $5.49M | $6.07M | $5.19M | $5.28M | $4.69M | $6.12M | $5.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | 0.95% | 0.92% | 1.11% | - | 1.05% | 1.18% | 1.09% | 0.98% | 1.06% | 1.23% | 1.21% | 1.31% | 0.98% | 1.04% | 1.02% | 1.00% | 1.07% | 1.00% | 0.98% |
Unity Bancorp's average Quarter SG&A projection for Dec 23 is $8.18M, based on 2 Wall Street analysts, with a range of $8.14M to $8.21M. The forecast indicates a -3.24% fall compared to UNTY last annual SG&A of $8.45M (Sep 23).
Unity Bancorp EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 19 |
| EPS | - | - | - | - | - | - | - | - | $0.96 | $0.98 | $0.96 | $0.98 | $0.94 | $0.94 | - | $0.87 | $0.94 | $0.91 | $0.81 | $0.81 | $0.70 | $0.54 | $0.48 | $0.49 | $0.56 | $0.55 | $0.54 | $0.53 | $0.54 | $0.51 |
| Avg Forecast | $1.16 | $1.11 | $1.05 | $0.99 | $0.96 | $0.95 | $0.92 | $0.90 | $0.86 | $0.89 | $0.87 | $0.91 | $1.01 | $0.94 | $0.86 | $0.81 | $0.85 | $0.89 | $0.79 | $0.73 | $0.60 | $0.46 | $0.36 | $0.48 | $0.54 | $0.53 | $0.53 | $0.49 | $0.53 | $0.52 |
| High Forecast | $1.16 | $1.11 | $1.05 | $0.99 | $0.96 | $0.96 | $0.92 | $0.90 | $0.87 | $0.89 | $0.87 | $0.91 | $1.01 | $0.95 | $0.86 | $0.81 | $0.86 | $0.89 | $0.79 | $0.74 | $0.60 | $0.46 | $0.36 | $0.48 | $0.54 | $0.53 | $0.53 | $0.49 | $0.64 | $0.62 |
| Low Forecast | $1.16 | $1.11 | $1.05 | $0.99 | $0.96 | $0.93 | $0.92 | $0.90 | $0.85 | $0.89 | $0.87 | $0.91 | $1.01 | $0.94 | $0.86 | $0.81 | $0.85 | $0.89 | $0.78 | $0.73 | $0.60 | $0.46 | $0.36 | $0.47 | $0.53 | $0.52 | $0.53 | $0.49 | $0.42 | $0.42 |
| Surprise % | - | - | - | - | - | - | - | - | 1.11% | 1.10% | 1.10% | 1.08% | 0.93% | 0.99% | - | 1.07% | 1.10% | 1.02% | 1.03% | 1.10% | 1.17% | 1.17% | 1.33% | 1.03% | 1.05% | 1.05% | 1.02% | 1.08% | 1.02% | 0.98% |
According to 1 Wall Street analysts, Unity Bancorp's projected average Quarter EPS for Mar 24 is $0.90, with a low estimate of $0.90 and a high estimate of $0.90. This represents a -6.25% decrease compared to UNTY previous annual EPS of $0.96 (Dec 23).
Unity Bancorp Peer Comparison by Price Target
UNTY Forecast FAQ
Is Unity Bancorp a good buy?
Yes, according to 1 Wall Street analysts, Unity Bancorp (UNTY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of UNTY's total ratings.
What is UNTY's price target?
Unity Bancorp (UNTY) average price target is $32 with a range of $32 to $32, implying a -4.33% from its last price of $33.45. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Unity Bancorp stock go up soon?
According to Wall Street analysts' prediction for UNTY stock, the company can go down by -4.33% (from the last price of $33.45 to the average price target of $32), down by -4.33% based on the highest stock price target, and down by -4.33% based on the lowest stock price target.
Can Unity Bancorp stock reach $50?
UNTY's average twelve months analyst stock price target of $32 does not support the claim that Unity Bancorp can reach $50 in the near future.
What are Unity Bancorp's analysts' financial forecasts?
Unity Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $104.32M (high $104.64M, low $104.01M), average EBITDA is $49.71M (high $52.97M, low $46.45M), average net income is $39.2M (high $41.4M, low $36.9M), average SG&A $34.94M (high $36.88M, low $33M), and average EPS is $3.73 (high $3.74, low $3.71). UNTY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $114.74M (high $114.79M, low $114.74M), average EBITDA is $49.7M (high $49.72M, low $49.7M), average net income is $43.71M (high $43.73M, low $43.71M), average SG&A $37.56M (high $37.57M, low $37.56M), and average EPS is $4.31 (high $4.31, low $4.31).
Did the UNTY's actual financial results beat the analysts' financial forecasts?
Based on Unity Bancorp's last annual report (Dec 2023), the company's revenue was $151.64M, beating the average analysts forecast of $100.62M by 50.70%. Apple's EBITDA was $0, missing the average prediction of $46.72M by -100.00%. The company's net income was $39.71M, beating the average estimation of $36.22M by 9.64%. Apple's SG&A was $0, missing the average forecast of $32.92M by -100.00%. Lastly, the company's EPS was $3.84, beating the average prediction of $3.54 by 8.47%. In terms of the last quarterly report (Dec 2023), Unity Bancorp's revenue was $40.33M, beating the average analysts' forecast of $24.98M by 61.42%. The company's EBITDA was $0, missing the average prediction of $10.82M by -100.00%. Unity Bancorp's net income was $9.77M, beating the average estimation of $8.76M by 11.51%. The company's SG&A was $0, missing the average forecast of $8.18M by -100.00%. Lastly, the company's EPS was $0.96, beating the average prediction of $0.863 by 11.20%