Latest news with #UnitySoftware
Yahoo
4 days ago
- Business
- Yahoo
Unity Software Inc. (U) Stock Dips While Market Gains: Key Facts
In the latest close session, Unity Software Inc. (U) was down 3.11% at $23.40. This move lagged the S&P 500's daily gain of 0.8%. Meanwhile, the Dow gained 0.94%, and the Nasdaq, a tech-heavy index, added 0.97%. The company's stock has dropped by 1.59% in the past month, falling short of the Computer and Technology sector's gain of 8.5% and the S&P 500's gain of 5.12%. The upcoming earnings release of Unity Software Inc. will be of great interest to investors. In that report, analysts expect Unity Software Inc. to post earnings of -$0.26 per share. This would mark year-over-year growth of 18.75%. In the meantime, our current consensus estimate forecasts the revenue to be $425.02 million, indicating a 5.4% decline compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.81 per share and revenue of $1.79 billion, indicating changes of +51.79% and -1.31%, respectively, compared to the previous year. Any recent changes to analyst estimates for Unity Software Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 10.33% upward. Right now, Unity Software Inc. possesses a Zacks Rank of #2 (Buy). The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 48, positioning it in the top 20% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Unity Software Inc. (U) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Unity (U) Partners Optable to Unlock New Opportunities Across 3 Billion Gamers
Unity Software Inc. (NYSE:U) is one of the 12 best-augmented reality stocks to buy, according to analysts. On June 12, the company selected Optable, an identity management and data collaboration platform, to power its newly launched Audience Hub. A technician wearing a head-mounted augmented reality headset examining a MEMS device. Under the strategic partnership, Optable offers brand marketers a way to reach players using a seamless and secure platform for audience collaboration, precision targeting, and omnichannel activation. 'We created the Audience Hub to help brand marketers unlock the full potential of Unity's [3 billion] gamers in a scalable and privacy-first way,' said Alex Blum, COO of Unity Software. 'Our collaboration with Optable is a key step in our mission to build a more connected and effective ecosystem for advertisers across the gaming landscape and beyond.' The Optable team collaborated with Unity to create an audience mesh that incorporated data from top sources like Experian and securely and privately gathered Unity's unique player insights. Unity Software Inc. (NYSE:U) provides a comprehensive platform for augmented reality (AR) development, enabling creators to build and deploy interactive AR experiences across various devices. It offers tools and workflows for creating AR experiences, managing complex 3D projects, and deploying to multiple platforms. While we acknowledge the potential of U as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Best Performing Warren Buffett Stocks in 2025 and 12 Best Cryptocurrency and Blockchain Stocks to Buy. Disclosure: None.
Yahoo
31-05-2025
- Business
- Yahoo
Why Unity Software Stock Skyrocketed This Week
Unity stock got a big boost from bullish analyst coverage this week. Solid gains for the broader market also helped lift Unity's share price. Jeffries is seeing signs that Unity's AI-powered digital-advertising platform could power a comeback for the company. 10 stocks we like better than Unity Software › Unity Software (NYSE: U) stock closed out last week's trading with big gains thanks to bullish coverage from an analyst. The company's share price ended this Friday's trading up 25.7% from the previous week's market close. On Friday, Jeffries published new coverage on Unity and upgraded its rating on the stock from hold to buy. Unity's share price also got a boost from bullish momentum for the broader market over last week's trading. The S&P 500 index ended the week up 1.9%. Jeffries released a new note on Unity stock before the market opened on Friday, upgrading its rating on the stock to buy and raising its one-year price target from $22 per share to $29 per share. The investment firm sees signs that Unity's new Vector digital advertising is gaining traction and will help accelerate a turnaround for the business. Vector is using artificial intelligence (AI) to provide better ad targeting for games and applications built on Unity's development platform, and the company is positioning the new software as a key pillar of its comeback strategy. On the one hand, Unity is still in the relatively early stages of its turnaround effort, and the company could continue to see soft sales performance this year as it rolls out Vector and transitions customers to the platform. On the other hand, Jeffries thinks Vector will help power accelerating sales growth next year and beyond. If the new software helps reposition the company as a stronger player in the app advertising market, Unity stock could climb well above current levels. It's too early to say whether that will be the case, but the stock could deliver big upside for risk-tolerant investors. Before you buy stock in Unity Software, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Unity Software wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Keith Noonan has positions in Unity Software. The Motley Fool has positions in and recommends Unity Software. The Motley Fool has a disclosure policy. Why Unity Software Stock Skyrocketed This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Why Unity Software Inc. (U) Soared On Wednesday
We recently published a list of . In this article, we are going to take a look at where Unity Software Inc. (NYSE:U) stands against other best-performing stocks. Unity Software increased by 12.52 percent on Wednesday to close at $24.54 apiece despite the lack of fresh catalyst to spark buying appetite. In recent news, Unity Software Inc. (NYSE:U) announced that it narrowed its net loss by 73 percent in the first quarter of the year to $77.9 million from the $291.5 million registered in the same period last year, while revenues declined by 5.4 percent to $435 million from $460 million year-on-year on the back of lower revenues from its core businesses. For the second quarter of the year, Unity Software Inc. (NYSE:U) said that it is targeting to hit revenues between $415 million and $425 million, as well as adjusted EBITDA of $70 million to $75 million. A software engineer coding while surrounded by the latest industry tools and technology. Last month, Unity Software Inc. (NYSE:U) launched its AI-powered platform called Vector, as it aims to keep pace with AppLovin Corp. 'Vector is designed to leverage data from across the Unity ecosystem, integrating self-learning artificial intelligence models that will provide deeper insights, optimize performance, and deliver better results for customers,' said Unity President and CEO Matt Bromberg in the company's last earnings call. Overall, U ranks 4th on our list of best-performing stocks. While we acknowledge the potential of U, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than U and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Unity upgrade, UiPath earnings, Regeneron drug trial results
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Unity Software's (U) upgrade to Buy from Jefferies analysts, UiPath (PATH) beating its earnings estimates, and Regeneron Pharmaceuticals (REGN) taking a stock hit on its mixed drug trial results for an experimental treatment to a condition referred to as smoker's lung. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
