Needham & Company LLC Has Lowered Expectations for Unisys (NYSE:UIS) Stock Price

Unisys (NYSE:UIS) had its target price lowered by research analysts at Needham & Company LLC from $6.00 to $5.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the information technology services provider’s stock. Needham & Company LLC’s target price would suggest a potential upside of 55.04% from the company’s current price.

A number of other equities analysts have also recently weighed in on UIS. Weiss Ratings reissued a “sell (d-)” rating on shares of Unisys in a report on Friday, July 17th. Zacks Research downgraded Unisys from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, Wall Street Zen cut Unisys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.00.

Unisys Price Performance

Shares of UIS traded down $0.23 during mid-day trading on Thursday, hitting $3.23. The stock had a trading volume of 1,013,431 shares, compared to its average volume of 890,081. Unisys has a 52 week low of $1.97 and a 52 week high of $4.98. The business has a fifty day moving average price of $3.71 and a 200-day moving average price of $2.95. The firm has a market cap of $235.10 million, a P/E ratio of -0.66, a PEG ratio of 0.31 and a beta of 1.87.

Unisys (NYSE:UIS) last released its quarterly earnings data on Wednesday, July 29th. The information technology services provider reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.05). Unisys had a negative return on equity of 23.51% and a negative net margin of 17.70%.The business had revenue of $473.50 million during the quarter, compared to the consensus estimate of $448.92 million. As a group, research analysts expect that Unisys will post 0.74 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Philippe Germond sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $4.15, for a total value of $83,000.00. Following the transaction, the director owned 236,453 shares in the company, valued at approximately $981,279.95. This represents a 7.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 43,846 shares of company stock valued at $156,102. 11.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Unisys

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UIS. Saba Capital Management L.P. lifted its stake in shares of Unisys by 15.5% in the first quarter. Saba Capital Management L.P. now owns 1,791,963 shares of the information technology services provider’s stock worth $3,709,000 after buying an additional 240,476 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Unisys during the 4th quarter worth about $68,000. SG Americas Securities LLC acquired a new position in Unisys during the 4th quarter worth $76,000. WINTON GROUP Ltd purchased a new position in Unisys in the second quarter worth approximately $128,000. Finally, Boothbay Fund Management LLC lifted its stake in Unisys by 56.8% during the third quarter. Boothbay Fund Management LLC now owns 31,334 shares of the information technology services provider’s stock worth $122,000 after purchasing an additional 11,352 shares during the last quarter. 86.87% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Unisys

Here are the key news stories impacting Unisys this week:

• Positive Sentiment: Unisys reported $473.5 million in quarterly revenue, above the $448.9 million analyst consensus. Technology Solutions & Services revenue increased 2% year over year to $403.8 million, while new-business total contract value surged 57% to $192 million. Unisys Announces 2Q26 Results
• Positive Sentiment: Management reaffirmed its previously raised 2026 constant-currency revenue-growth outlook and maintained its non-GAAP operating-profit-margin guidance. The outlook assumes approximately $425 million in ClearPath revenue for the full year. Unisys Announces 2Q26 Results
• Neutral Sentiment: Unisys ended June with $324.3 million in cash. The company’s strong contract signings could support future growth, although investors may focus on how quickly those bookings convert into revenue and profit.
• Negative Sentiment: The company posted an adjusted loss of $0.08 per share, missing the expected $0.03 loss and reversing $0.19 of earnings in the year-earlier quarter. Net loss widened to $95.3 million from $20.1 million. Unisys Reports Q2 Loss, Beats Revenue Estimates
• Negative Sentiment: ClearPath revenue fell 20.4% year over year to $69.7 million, as renewal timing pressured quarterly revenue and margins. Overall gross margin declined 210 basis points to 24.8%, and results included a $47.2 million non-cash goodwill impairment charge. UIS Q2 Earnings Miss on ClearPath Timing Despite Revenue Beat
• Negative Sentiment: Zacks Research downgraded UIS from “Strong Buy” to “Hold,” adding to the cautious tone around the earnings miss and near-term profitability. Recent insider activity also showed sales without reported purchases. Zacks.com

About Unisys

Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.

The company operates two core business segments: Services and Technology.