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Unity Software (U)
NYSE:U
Unity Software (U) Stock Price & Analysis
6,309 Followers
U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.56 - $50.08
Previous Close$21.67
Volume9.35M
Average Volume (3M)9.20M
Market Cap
$8.47B
Enterprise Value$9.82B
Total Cash (Recent Filing)$1.59B
Total Debt (Recent Filing)$2.71B
Price to Earnings (P/E)-9.7
Beta2.67
Next Earnings
Aug 06, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.24
Shares Outstanding390,861,717
10 Day Avg. Volume11,280,689
30 Day Avg. Volume9,199,652
Standard Deviation0.21
R-Squared0.32
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-6.09
Price to Sales (P/S)3.87
Price to Cash Flow (P/CF)29.40
P/FCF Ratio27.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.49
Enterprise Value/Gross Profit6.76
Enterprise Value/Ebitda-48.27
Forecast
1Y Price Target
$29.05Price Target Upside34.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Unity Software News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceUnity's consistent revenue growth in the Create segment underscores its strong positioning among mobile game developers, highlighting potential for future financial success.
Leadership And StrategyWith the appointment of gaming industry veteran Matthew Bromberg as CEO, Unity is poised for strategic leadership and respect within the gaming community.
Product DevelopmentUnity's robust product roadmap and enhanced monetization efforts are expected to drive a re-acceleration of revenue, signaling a promising outlook for investors.
Bears Say
Financial GuidanceGuidance implies a significant reduction to adjusted EBITDA compared to previous estimates.
Leadership And StrategyUnity Software Inc. shares are likely to remain rangebound until the new CEO comes in and stamps his own strategy and guidance around the turnaround.
Market PerformanceThe stock appears fairly valued against reset numbers, making it hard for investors to confidently underwrite more material upside.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
U FAQ
What was Unity Software’s price range in the past 12 months?
Unity Software lowest stock price was $21.55 and its highest was $50.08 in the past 12 months.
What is Unity Software’s market cap?
Currently, no data Available
When is Unity Software’s upcoming earnings report date?
Unity Software’s upcoming earnings report date is Aug 06, 2024 which is in 78 days.
How were Unity Software’s earnings last quarter?
Unity Software released its earnings results on May 09, 2024. The company reported $0.352 earnings per share for the quarter, beating the consensus estimate of $0.074 by $0.278.
Is Unity Software overvalued?
According to Wall Street analysts Unity Software’s price is currently Undervalued.
Does Unity Software pay dividends?
Unity Software does not currently pay dividends.
What is Unity Software’s EPS estimate?
Unity Software’s EPS estimate is $0.14.
How many shares outstanding does Unity Software have?
Unity Software has 390,861,720 shares outstanding.
What happened to Unity Software’s price movement after its last earnings report?
Unity Software reported an EPS of $0.352 in its last earnings report, beating expectations of $0.074. Following the earnings report the stock price went down -10.224%.
Which hedge fund is a major shareholder of Unity Software?
Among the largest hedge funds holding Unity Software’s share is Silver Lake Group, L.L.C.. It holds Unity Software’s shares valued at 1B.
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Unity Software Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.05 (34.06% Upside)
$29.05 (34.06% Upside)
Blogger Sentiment
Bullish
U Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.95%
12-Months-Change
Fundamentals
Return on Equity
-25.89%
Trailing 12-Months
Asset Growth
-12.69%
Trailing 12-Months
Company Description
Unity Software
California-based Unity Software Inc. is a video game software development company. The platform provides software solutions to create and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
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U Earnings Call
Q1 2024
0:00 / 0:00
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U Revenue Breakdown
60.72% Operate Solutions
39.28% Create Solutions
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U Stock 12 Month Forecast
Average Price Target
$29.05
▲(34.06% Upside)
Technical Analysis
Best Analysts Covering U
1 Year
1 Year Success Rate
3/13 ratings generated profit
1 Year Average Return
-24.55%
reiterated a buy rating 10 days ago
Copying J. Parker Lane's trades and holding each position for 1 Year would result in 23.08% of your transactions generating a profit, with an average return of -24.55% per trade.
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