NYSE: U · IEX Real-Time Price · USD
27.06
-0.28 (-1.02%)
At close: Mar 8, 2024, 4:00 PM
27.00
-0.06 (-0.22%)
After-hours: Mar 8, 2024, 7:59 PM EST
-1.02% (1D)
| Market Cap | 10.44B |
| Revenue (ttm) | 2.19B |
| Net Income (ttm) | -822.01M |
| Shares Out | 380.02M |
| EPS (ttm) | -2.16 |
| PE Ratio | n/a |
| Forward PE | 62.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,695,638 |
| Open | 27.63 |
| Previous Close | 27.34 |
| Day's Range | 26.99 - 28.12 |
| 52-Week Range | 22.20 - 50.08 |
| Beta | 2.44 |
| Analysts | Buy |
| Price Target | 34.91 (+29.01%) |
| Earnings Date | Feb 26, 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]
Industry Software - Application
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 18 analysts, the average rating for U stock is "Buy." The 12-month stock price forecast is $34.91, which is an increase of 29.01% from the latest price.
Price Target
$34.91
(29.01% upside)
Analyst Consensus: Buy
Stock Forecasts
News
Unity Partners with Mazda to Transform In-Cabin Car Experience
TOKYO & SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE:U), the world's leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms, announced...
3 days ago - Business Wire
Unity's stock falls as Wall Street wonders if company's reset is ‘dubious' or a ‘floor'
Unity Software Inc. has hit the reset button, but analysts are split on whether the app-monetization software company now has a brighter future ahead.
11 days ago - Market Watch
Unity Software Stock Tumbles. Wall Street Is Split Over Its Reset Plan.
The videogame software provider's financial guidance was weaker than expected.
11 days ago - Barrons
Unity Software tumbles as gloomy forecast signals turnaround taking time
Unity Software shares sank 15% in premarket trading on Tuesday after the videogame software provider's 2024 forecasts came in below Wall Street estimates, a sign that its turnaround was taking longer ...
12 days ago - Reuters
Unity Software Stock Drops After Games Company Issues Soft Guidance—Monitor This Key Level
Unity Software (U) issued current-quarter guidance well below Wall Street's estimates as the game development company undergoes a portfolio and cost structure reset, sending its shares tumbling over 1...
12 days ago - Investopedia
Unity shares sink on weak guidance
Unity shares sink over 15% after missing first-quarter forecast.
12 days ago - CNBC
Unity is 'a mess' internally right now, says Jefferies' Brent Thill
Brent Thill, Jefferies tech research analyst, joins 'Closing Bell Overtime' to talk Unity and Workday quarterly results.
12 days ago - CNBC Television
Unity's stock crumbles as earnings, forecasts underwhelm
Unity Software Inc. shares were tanking in late trading Monday after the app-monetization company whiffed with its latest results and forecasts.
12 days ago - Market Watch
Unity Stock Is Downgraded. Analyst Says Unlikely It's Improving.
Macquarie analyst Tim Nollen downgraded shares to Underperform from Neutral.
26 days ago - Barrons
Legato Merger Corp. III Announces Closing of$201,250,000 Initial Public Offering
NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Legato Merger Corp. III (the “Company”) announced that it has consummated its initial public offering of 20,125,000 units (including the full 2,625,000 unit...
4 weeks ago - GlobeNewsWire
Legato Merger Corp. III Announces Pricing of$175,000,000 Initial Public Offering
NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Legato Merger Corp. III (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units will be...
4 weeks ago - GlobeNewsWire
Unity's Support for Apple Vision Pro is Now in General Availability — Empowering Developers to Create Apps and Games in visionOS
SAN FRANCISCO--(BUSINESS WIRE)-- #Apple--Unity (NYSE: U), the world's leading platform for creating and growing real-time 3D (RT3D) content, announced today their support for visionOS is now available...
5 weeks ago - Business Wire
Software Stock At An Intriguing Entry Point
Video game development stock Unity Software (U) would have preferred the calendar hadn't turned to January. The shares are down 19.5% year-to-date, a far cry from December's monthly gain of 38.6%.
7 weeks ago - Forbes
Videogame Development Platform Maker Unity Software Tumbles on Layoff Plans
Shares of videogame development platform provider Unity Software (U) tumbled 8% Tuesday after saying it plans to lay off about 1,800 employees or 25% of its workforce.
2 months ago - Investopedia
Unity Software lays off 25% of workforce
As part of a "reset," Unity Software announced that it will let go 25% of its workforce. The company is restructuring to ensure long term profitability.
2 months ago - Fox Business
Latest round of Unity layoffs impacts 50 Seattle-area employees
A fresh round of layoffs at gaming giant Unity Technologies has impacted its office in Bellevue, Wash.
2 months ago - GeekWire
Unity Announces Fourth Quarter and Fiscal Year 2023 Financial Results Webcast
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U) announced today it will release fourth quarter and Fiscal Year 2023 financial results after the market close on Monday, February 26, 2024, with a webcas...
2 months ago - Business Wire
Unity Software to Cut 25 Percent of Its Work Force
The cuts follow a tough year for the tech industry, in which tens of thousands of workers were laid off.
2 months ago - NYTimes
Unity Software to lay off 25% of its workforce
Unity Software Inc (NYSE: U) is up 5.0% in extended hours on Monday after announcing plans of lowering its global headcount. How many employees will be laid off?
2 months ago - Invezz
Unity Software to lay off 1,800 employees as part of a corporate restructuring
Unity Software is slashing about 25% of its workforce just eight months after announcing its prior round of layoffs.
2 months ago - CNBC
Unity Software cutting 25% of workforce
CNBC's Pippa Stevens joins 'Closing Bell Overtime' with brekaing news out of Unity Software.
2 months ago - CNBC Television
Unity Software to cut 25% of staff amid restructuring
Virtual-reality design firm Unity Software Inc. U, +3.18% on Monday said it planned to lay off around 1,800 employees, or 25% of its staff, amid efforts to focus on its core business. The company, who...
2 months ago - Market Watch
Exclusive: Unity Software cutting 25% of staff in ‘company reset' continuation
Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on Monday.
2 months ago - Reuters
UNITY ALERT: Bragar Eagel & Squire, P.C. Is Investigating Unity Software, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Unity Software, Inc. (NYSE: U) on behalf of ...
2 months ago - Business Wire
Rate-sensitive tech stocks stage comeback despite high interest rates
CNBC's Deirdre Bosa reports on the comeback of tech stocks.
Other symbols: PINSPLTRWIXZZG
3 months ago - CNBC Television
