Unity Software Inc. (U)
Market Cap | 8.71B |
Revenue (ttm) | 1.97B |
Net Income (ttm) | -794.14M |
Shares Out | 402.84M |
EPS (ttm) | -2.05 |
PE Ratio | n/a |
Forward PE | 29.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 24,510,254 |
Open | 19.96 |
Previous Close | 19.80 |
Day's Range | 19.93 - 22.55 |
52-Week Range | 13.90 - 43.54 |
Beta | 2.29 |
Analysts | Hold |
Price Target | 24.10 (+11.42%) |
Earnings Date | Nov 7, 2024 |
About U
Unity Software Inc. operates a platform that provides real-time 3D content and experiences. Its platform provides artificial intelligence solutions that support creators in building, running, and growing immersive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company also offers Create Solutions, a set of tools and services used to build, ship, and run real-time 2D and 3D content; and Grow Solutions, which allows customers to grow and engage their user base and monetize th... [Read more]
Financial Performance
In 2023, Unity Software's revenue was $2.19 billion, an increase of 57.25% compared to the previous year's $1.39 billion. Losses were -$822.01 million, -10.75% less than in 2022.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for U stock is "Hold." The 12-month stock price forecast is $24.1, which is an increase of 11.42% from the latest price.
News
Unity Software Inc. (U) Q3 2024 Earnings Call Transcript
Unity Software Inc. (U) Q3 2024 Earnings Call Transcript
Jarrod Yahes Will Join Unity as Chief Financial Officer
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the leading platform to create and grow games and interactive experiences, today announced that Jarrod Yahes will join as SVP, Chief Financial Officer ...
Unity Software: Give The Scary Turnaround More Time
Unity Software Inc. reports Q3 results next week, with expectations for weak results. The company has a ton of potential in 3D and AI game development software, but consensus targets forecast limited ...
Ex-King CTO and Havok Co-Founder Steve Collins Will Join Unity As New Chief Technology Officer
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the leading platform to create and grow games and interactive experiences, today announced Steve Collins will join Unity as Chief Technology Officer (C...
Unity 6 Launches Under New CEO
Unity CEO Matt Bromberg discusses their latest Unity 6 platform, AI utilization in gaming, and his goals for the company as new CEO. He speaks with Ed Ludlow and Caroline Hyde on Bloomberg Technology.
Unity 6 Launches Globally: Next-Gen Game Development Platform Delivers Enhanced Performance and Stability
SAN FRANCISCO--(BUSINESS WIRE)-- #gamedev--Unity (NYSE: U), the world's leading platform for creating and growing games and interactive experiences, today announced that Unity 6, the most stable and b...
Unity Announces Third Quarter 2024 Financial Results Webcast
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U) announced today it will release third quarter 2024 financial results after the market close on November 7, 2024, with a webcast to follow at 2 p.m. PT/5...
Unity (U) Stock Rises on Fee Structure Revision
Shares of Unity Software (U, Financial) experienced a significant movement, with a notable increase of 0.14% in its stock price, reaching $21.23. This rise in stock price aligns with recent strategic ...
Unity Software: Leadership Focus On Profitability, Growth And Innovation To Drive An Awaited Comeback
Since we initiated on Unity Software, the company has faced major growth and profitability issues. With significant management changes and new leaders focused on profitability and growth, we believe t...
Unity Software: What Really Matters For Long-Term Growth
Despite near all-time low valuations, Unity remains a leader in 2D/3D content development, particularly in mobile and indie games and the XR market. Unity's diversified revenue streams, particularly i...
Unity 6 Will Release Globally October 17, 2024, Unity Announces at Annual “Unite” Developer Conference
SAN FRANCISCO--(BUSINESS WIRE)--At its annual “Unite” developer conference, Unity (NYSE: U), the world's leading platform for creating and growing games and interactive experiences, will announce that...
Unity Software scraps 'runtime fee' pricing policy, introduces price hikes
Unity Software is abandoning its "runtime fee" pricing policy, nearly a year after its announcement sparked considerable backlash from the videogame developer community.
Unity Software Stock Jumps After Upgrade. ‘It's Game Time.
The company has since been working through a turnaround plan.
Unity Software stock: hidden gem or a falling knife?
Unity Software Inc (NYSE: U) has struggled in recent months, largely due to a significant pricing misstep earlier this year. However, a recent upgrade from Morgan Stanley analyst Matthew Cost suggests...
Unity: Monetization Issues Will Take Time To Address
While Unity's Q2 results were in line with expectations, the company cut its guidance and announced that it was changing its CFO. Unity's business appears to be stabilizing, but the company shows no s...
Unity Software Has More To Lose Before Growth Is Reignited
Unity Software experienced a -16% decline in revenue in q2'24, with a focus on restructuring and new growth initiatives. Management is working on improving its ad-revenue segment using machine learnin...
Unity Software: Bizarre Outlook
Unity Software Inc.'s Q2 revenues fell 16% year-over-year, but beat estimates by $7.5 million. Core strategic portfolio revenue increased by 6% year-over-year to $426 million, exceeding initial guidan...
Unity Software Inc. (U) Q2 2024 Earnings Call Transcript
Unity Software Inc. (NYSE:U) Q2 2024 Earnings Call Transcript August 8, 2024 5:00 PM ET Company Participants Daniel Amir - VP and Head of IR Matt Bromberg - CEO Luis Visoso - CFO Conference Call Part...
AppLovin is 'killing Unity', says LightShed's Brandon Ross
Brandon Ross, LightShed partner, joins 'Closing Bell Overtime' to talk Unity Software and TakeTwo Interactive earnings.
Unity expects some growing pains, though latest earnings clear Wall Street's bar
Unity Software Inc. saw revenue drop 16% in the latest quarter, though the top-line total came in better than analysts were expecting.
Unity Strengthens Advertising Leadership Team with MoPub and MAX founder Jim Payne Joining the Company
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U), the world's leading platform for creating and growing games and interactive experiences, today announced that effective August 12, 2024, Jim Payne will...
Is Unity Software A Good Buy Ahead Of Its Q2 Results?
Unity Software stock has experienced significant wealth destruction since its IPO, and is now trading at lifetime lows. The Q2 event due to be held on August 8 could be a small step in righting the wr...
Unity Announces Second Quarter 2024 Financial Results Webcast
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U) announced today it will release second quarter 2024 financial results after the market close on August 8, 2024, with a webcast to follow at 2 p.m. PT/5 ...
Unity Software Q2 Preview: Uncertain Turnaround In Progress - Reiterate Speculative Buy
U's prospects remain highly speculative going into FQ2'24 earnings call in August 2024, as the stock continues to lose much of its value. Despite the mixed FQ1'24 performance and underwhelming FQ2'24 ...
Unity: Platform Is A Competitive Moat, In The Midst Of A Turnaround
Unity Software's stock has declined by over 50% due to slowing revenue growth and pricing controversy, but its game development engine remains dominant. Unity's Q1 2024 results showed flat revenue ove...