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Unity Software (U)
NYSE:U
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U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.90 - $43.54
Previous Close$20.81
Volume19.52M
Average Volume (3M)11.54M
Market Cap
$8.26B
Enterprise Value$9.46B
Total Cash (Recent Filing)$1.27B
Total Debt (Recent Filing)$2.24B
Price to Earnings (P/E)―
Beta2.83
Next Earnings
Nov 06, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.05
Shares Outstanding396,857,800
10 Day Avg. Volume18,302,034
30 Day Avg. Volume11,541,325
Standard Deviation0.21
R-Squared0.28
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)2.60
Price to Sales (P/S)4.00
Price to Cash Flow (P/CF)23.40
P/FCF Ratio26.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.59
Enterprise Value/Gross Profit6.51
Enterprise Value/Ebitda-44.12
Forecast
1Y Price Target
$21.54Price Target Upside3.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Unity Software News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceUnity's recent revenue growth in the Create segment, driven by a 14% increase in subscription revenue, indicates a strong and durable growth trajectory.
Market PositionThe cancellation of the runtime fee aligns Unity better with its customers, making it more 'developer friendly' and likely boosting adoption.
Pricing StrategyUnity's new pricing strategy provides a clearer path to revenue growth, making it more attractive to investors.
Bears Say
Competitive PositionNew management recognizes that the firm has fallen well behind AppLovin in mobile gaming ad tech, and has to rebuild the data links and technology to better compete.
Financial PerformanceUnity lowered the midpoint of its '24 revenue guidance 2% to $1.685bn and adj. EBITDA 18% to $345m.
ValuationUnity stock is still expensive in analyst's view at 31x 2025E EV/EBITDA, vs. peer APP at 15x.
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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 $13.89 and its highest was $43.54 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 Nov 06, 2024 which is 16 days ago.
How were Unity Software’s earnings last quarter?
Unity Software released its earnings results on Aug 08, 2024. The company reported $0.268 earnings per share for the quarter, beating the consensus estimate of $0.132 by $0.136.
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 396,857,800 shares outstanding.
What happened to Unity Software’s price movement after its last earnings report?
Unity Software reported an EPS of $0.268 in its last earnings report, beating expectations of $0.132. Following the earnings report the stock price went up 8.217%.
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 565M.
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Unity Software Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$21.54 (3.51% Upside)
$21.54 (3.51% Upside)
Blogger Sentiment
Bullish
U Sentiment 64%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.54%
12-Months-Change
Fundamentals
Return on Equity
-23.93%
Trailing 12-Months
Asset Growth
-13.05%
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
Q2 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
$21.54
▲(3.51% Upside)
Technical Analysis
Best Analysts Covering U
1 Year
1 Year Success Rate
6/16 ratings generated profit
1 Year Average Return
-18.48%
assigned a buy rating 2 months ago
Copying J. Parker Lane's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -18.48% per trade.
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