Unity Software (U) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
In the most recent trading session, Unity Software Inc. (U) closed at $24.28, indicating a +1.12% shift from the previous trading day.
The latest trading day saw Unity Software Inc. (U) settling at $23.4, representing a -3.11% change from its previous close.
In the most recent trading session, Unity Software Inc. (U) closed at $23.07, indicating a -3.51% shift from the previous trading day.
The technology sector in the United States is a breeding ground for some of the most innovative companies in the world, especially now that advances in artificial intelligence have lowered the barrier of entry for new companies and delivered potential double-digit upside opportunities in the coming months and quarters. For this reason, a look at the smaller players is warranted.
The new management has already delivered improved numbers, as observed in U's growing subscription base and higher dollar-based net expansion rate. This is on top of the recently completed migration from its legacy Unity ad network to Unity Vector, with Q3'25 likely to bring forth robust sequential growth. With U's direct competitor, APP, highlighting growing ad dollar share while offering rich FQ2'25 guidance, we believe that the former's break-out is only a matter of time.
After reaching an important support level, Unity Software Inc. (U) could be a good stock pick from a technical perspective. U surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
The mean of analysts' price targets for Unity Software (U) points to a 27.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Unity Software (NYSE:U ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Alex Giaimo - Head of Investor Relations Matthew Bromberg - President, Chief Executive Officer Jarrod Yahes - Chief Financial Officer Conference Call Participants Matt Cost - Morgan Stanley Andrew Boone - JMP Securities Tom Champion - Piper Sandler Brent Thill - Jefferies Parker Lane - Stifel Clark Lampen - BTIG Chris Kuntarich - UBS David Mak - Arete Research Martin Yang - Oppenheimer Alec Brondolo - Wells Fargo Bernie McTernan - Needham Alex Giaimo [Starts Abruptly] recently joined Unity to lead investor relations. I'm thrilled to join the team and look forward to working with all of you.
Unity Software Inc. (U) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to earnings of $0.15 per share a year ago.
Unity Software Inc. (U) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, U broke out above the 50-day moving average, suggesting a short-term bullish trend.
Recently, Zacks.com users have been paying close attention to Unity Software (U). This makes it worthwhile to examine what the stock has in store.