Needham Raises its Price Target on Unisys (UIS)

Unisys Corporation (NYSE:UIS) is one of the 15 Best Tech Stocks with Huge Upside Potential. On June 3, 2026, Needham raised the firmโ€™s price target on Unisys Corporation (NYSE:UIS) to $6 from $4 and maintained a Buy rating on the shares. Needham said that, following the companyโ€™s investor day, it came away with a clearer…


Needham Raises its Price Target on Unisys (UIS)

Unisys Corporation (NYSE:UIS) is one of the

15 Best Tech Stocks with Huge Upside Potential.

On June 3, 2026, Needham raised the firmโ€™s price target on Unisys Corporation (NYSE:UIS) to $6 from $4 and maintained a Buy rating on the shares. Needham said that, following the companyโ€™s investor day, it came away with a clearer view of Unisysโ€™ multi-segment business and growth path as it helps build the AI infrastructure and orchestration layer for enterprises. The firm was especially encouraged by trends in the high-margin ClearPath and CA&I segments, which could see upside from enterprise demand to upgrade infrastructure and applications for AI workloads.

On May 20, 2026, Unisys Corporation (NYSE:UIS) announced a partnership with Rafay Systems to help enterprises manage and scale cloud and end-to-end AI deployments across public, private, and hybrid environments. The collaboration combines Unisysโ€™ AI expertise and managed cloud services with Rafayโ€™s self-service platform. Unisys said the partnership will help organizations operationalize governed AI with greater consistency, security, and control, while supporting AI and GPU-intensive workloads across hybrid environments.

Needham Raises its Price Target on Unisys (UIS)
Needham Raises its Price Target on Unisys (UIS)

Earlier in May, Unisys Corporation (NYSE:UIS) reported Q1 EPS of (50c), compared to the consensus estimate of (31c). Revenue totaled $437.6M, above the consensus estimate of $415.68M. CEO and President Michael Thomson said Unisys was off to a โ€œgood startโ€ in 2026, citing solid financial performance and double-digit growth in New Business signings in Q1. Thomson also said the company released ClearPath Forward products and tools that support enterprise AI on its platforms and external systems.

Unisys Corporation (NYSE:UIS) operates as an information technology solutions company in the United States, the United Kingdom, and internationally.

While we acknowledge the potential of UIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theย best short-term AI stock.

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