Unity Software (U) Stock Price, News & Analysis

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Software in the last year. There are currently 1 sell rating, 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" U shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in U, but not buy additional shares or sell existing shares.
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21 brokerages have issued 1 year target prices for Unity Software's stock. Their U share price targets range from $20.00 to $61.00. On average, they expect the company's stock price to reach $37.03 in the next year. This suggests a possible upside of 60.3% from the stock's current price.
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Unity Software's stock was trading at $40.89 at the beginning of the year. Since then, U shares have decreased by 43.5% and is now trading at $23.10.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
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Unity Software will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Unity Software Inc. (NYSE:U) posted its quarterly earnings data on Monday, February, 26th. The company reported ($0.66) EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.89. The business earned $609.27 million during the quarter, compared to analysts' expectations of $551.01 million. Unity Software had a negative net margin of 37.64% and a negative trailing twelve-month return on equity of 10.14%. The business's revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.50) earnings per share.

ETFs with the largest weight of Unity Software (NYSE:U) stock in their portfolio include Global X Metaverse ETF (VR), VanEck Video Gaming and eSports ETF (ESPO), iShares Future Metaverse Tech and Communications ETF (IVRS), Bitwise Web3 ETF (BWEB), Global X Video Games & Esports ETF (HERO), ARK Next Generation Internation ETF (ARKW), ARK Innovation ETF (ARKK) and Amplify Video Game Tech ETF (GAMR).

329 employees have rated Unity Software Chief Executive Officer John Riccitiello on Glassdoor.com. John Riccitiello has an approval rating of 92% among the company's employees. This puts John Riccitiello in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 88.0% of employees surveyed would recommend working at Unity Software to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Software investors own include Tesla (TSLA), DocuSign (DOCU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Snowflake (SNOW), Adobe (ADBE), Intel (INTC), Block (SQ), Alibaba Group (BABA) and Salesforce (CRM).

Unity Software (U) raised $950 million in an IPO on Friday, September 18th 2020. The company issued 25,000,000 shares at $34.00-$42.00 per share. Goldman Sachs, Credit Suisse, BofA Securities, Barclays and William Blair acted as the underwriters for the IPO and Oppenheimer, Piper Sandler, Stifel, Wedbush Securities, Academy Securities and Siebert Williams Shank were co-managers.

Unity Software's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (3.09%), TB Alternative Assets Ltd. (0.04%), Affinity Capital Advisors LLC (0.04%), Deepwater Asset Management LLC (0.01%), SteelPeak Wealth LLC (0.01%) and Polianta Ltd (0.01%). Insiders that own company stock include 2020 Aps Otee, Anirma Gupta, Barry Schuler, Carol W Carpenter, Clive Downie, David Helgason, Felix The, Ingrid Lestiyo, Iv (Gp) LLC Slta, James M Whitehurst, John S Riccitiello, John S Riccitiello, Lake Group LLC Silver, Luis Felipe Visoso, Marc Whitten, Mark Barrysmith, Michelle K Lee, Ralph Hauwert, Robynne Sisco, Ruth Ann Keene, Shlomo Dovrat and Tomer Bar-Zeev.
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Shares of U stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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