Unity Software Inc. (U)

NYSE: U · Real-Time Price · USD
21.63
+1.83 (9.24%)
At close: Nov 20, 2024, 4:00 PM
21.90
+0.27 (1.25%)
Pre-market: Nov 21, 2024, 7:40 AM EST
9.24%
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]

Sector Technology
IPO Date Sep 18, 2020
Employees 6,784
Stock Exchange NYSE
Ticker Symbol U
Full Company Profile

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 Statements

Analyst 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.

Price Target
$24.1
(11.42% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Unity Software Inc. (U) Q3 2024 Earnings Call Transcript

Unity Software Inc. (U) Q3 2024 Earnings Call Transcript

13 days ago - Seeking Alpha

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 ...

13 days ago - Business Wire

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 ...

20 days ago - Seeking Alpha

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...

21 days ago - Business Wire

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.

4 weeks ago - 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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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 ...

6 weeks ago - GuruFocus

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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.

2 months ago - Reuters

Unity Software Stock Jumps After Upgrade. ‘It's Game Time.

The company has since been working through a turnaround plan.

2 months ago - Barrons

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...

2 months ago - Invezz

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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.

Other symbols: APP
3 months ago - CNBC Television

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.

3 months ago - Market Watch

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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 ...

4 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha