Unity Software - U Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Software in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" U shares.
View U analyst ratings or view top-rated stocks.

16 brokers have issued 1-year price targets for Unity Software's shares. Their U share price forecasts range from $27.00 to $185.00. On average, they expect the company's share price to reach $77.13 in the next year. This suggests a possible upside of 42.1% from the stock's current price.
View analysts price targets for U or view top-rated stocks among Wall Street analysts.

Unity Software's stock was trading at $142.99 at the beginning of the year. Since then, U shares have decreased by 62.0% and is now trading at $54.30.
View the best growth stocks for 2022 here.

Unity Software saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 34,180,000 shares, an increase of 46.8% from the June 30th total of 23,290,000 shares. Based on an average trading volume of 10,160,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 18.6% of the shares of the stock are sold short.
View Unity Software's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our U earnings forecast.

Unity Software Inc. (NYSE:U) issued its quarterly earnings data on Tuesday, August, 9th. The company reported ($0.18) earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.03. The business had revenue of $297 million for the quarter, compared to analysts' expectations of $299.05 million. Unity Software had a negative net margin of 54.01% and a negative trailing twelve-month return on equity of 22.71%. The company's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.34) earnings per share.

Unity Software updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.30 billion-$1.35 billion, compared to the consensus revenue estimate of $1.36 billion.

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).

(U) raised $950 million in an initial public offering (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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "U."

Unity Software's stock is owned by many different institutional and retail investors. Top institutional shareholders include Resolute Advisors LLC (7.35%), ARK Investment Management LLC (3.10%), Sumitomo Mitsui Trust Holdings Inc. (2.20%), Nikko Asset Management Americas Inc. (2.04%), Clearbridge Investments LLC (1.45%) and Artisan Partners Limited Partnership (1.36%). Insiders that own company stock include 2020 Aps Otee, Barry Schuler, Carol W Carpenter, Clive Downie, David Helgason, Ingrid Lestiyo, Iv (Gp) LLC Slta, John S Riccitiello, John S Riccitiello, Kim Jabal, Luis Felipe Visoso, Marc Whitten, Ralph Hauwert, Robynne Sisco and Ruth Ann Keene.
View institutional ownership trends.

Shares of U stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of U stock can currently be purchased for approximately $54.30.

Unity Software (NYSE:U) has a market capitalization of $16.19 billion and generates $1.11 billion in revenue each year. The company earns $-532,610,000.00 in net income (profit) each year or ($2.26) on an earnings per share basis.

The company employs 5,245 workers across the globe.

Unity Software was founded in 2004.

The official website for the company is www.unity.com. The company can be reached via phone at 415-539-3162 or via email at ir@unity3d.com.