Latest news with #UnitySoftwareInc
Yahoo
2 days ago
- Business
- Yahoo
Why Unity Software Inc. (U) Dipped More Than Broader Market Today
Unity Software Inc. (U) closed the most recent trading day at $31.86, moving -4.51% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 1.6%. Elsewhere, the Dow saw a downswing of 1.23%, while the tech-heavy Nasdaq depreciated by 2.24%. Coming into today, shares of the company had gained 27.67% in the past month. In that same time, the Computer and Technology sector gained 4.45%, while the S&P 500 gained 2.25%. Market participants will be closely following the financial results of Unity Software Inc. in its upcoming release. The company plans to announce its earnings on August 6, 2025. The company is predicted to post an EPS of -$0.25, indicating a 21.88% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $425.83 million, down 5.21% from the prior-year quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.8 per share and a revenue of $1.79 billion, representing changes of +52.38% and -1.02%, respectively, from the prior year. Any recent changes to analyst estimates for Unity Software Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 1.85% rise in the Zacks Consensus EPS estimate. Unity Software Inc. presently features a Zacks Rank of #2 (Buy). The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 75, putting it in the top 31% 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. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming 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 Sign in to access your portfolio
Yahoo
18-07-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Unity Software Inc. (U) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Unity Software Inc. (U), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Unity Software Inc. currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? In order to see if U is a promising momentum pick, let's examine some Momentum Style elements to see if this company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For U, shares are up 10.72% over the past week while the Zacks Internet - Software industry is down 2.73% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 52.74% compares favorably with the industry's 2.93% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Unity Software Inc. have increased 63.69% over the past quarter, and have gained 123.09% in the last year. On the other hand, the S&P 500 has only moved 19.7% and 14.09%, respectively. Investors should also take note of U's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now U is averaging 14,861,725 shares for the last 20 days.. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with U. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost U's consensus estimate, increasing from -$0.90 to -$0.80 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that U is a #2 (Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Unity Software Inc. on your short list. 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 while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
Unity Software (U) Jumps 14.3% on Price Target Upgrade
We recently published . Unity Software Inc. (NYSE:U) is one of Wednesday's top performers. Unity Software saw its share prices jump by 14.31 percent on Wednesday to close at $33.94 apiece as investors took path from an investment firm's price target upgrade. In a market note, Jefferies raised its price target for Unity Software Inc. (NYSE:U) to $35 from $29 previously, while maintaining a 'buy' recommendation. The new figure marked a 3-percent upside from its latest closing price. Citing data from the second quarter mobile game ad tech survey, Jefferies said overall 2025 ad spend expectations improved off of April and are now on track for a 4-percent growth year-on-year. An interior shot of a gaming operators facility, gaming machines reflecting the lights. Additionally, Jefferies underscored Unity Software Inc.'s (NYSE:U) return on ad spend for clients improved by 10-20 percent from 5-7 percent in the previous quarter. Jefferies also posted higher earnings expectations for Unity Software Inc. (NYSE:U) given its industry position and growing market share. While we acknowledge the potential of U as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
17-07-2025
- Business
- Business Wire
Unity Announces Date of Second Quarter 2025 Financial Results Webcast
SAN FRANCISCO--(BUSINESS WIRE)--Unity (NYSE: U) announced today it will release second quarter 2025 financial results before the market opens on August 6, 2025, with a webcast to follow at 8:30 a.m. ET/5:30 a.m. PT. The webcast and financial results will be accessible at A replay of the webcast will also be available on Unity's Investor Relations website. About Unity Software Inc. (Unity) Unity [NYSE: U] offers a suite of tools to create, market, and grow games and interactive experiences across all major platforms from mobile, PC, and console, to extended reality (XR). For more information, visit Unity uses its website ( filings with the SEC, press releases, social media posts, public conference calls, and public webcasts as means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Yahoo
08-07-2025
- Business
- Yahoo
Unity Software (U) Jumps 6.6% on Strong Buy Reco
Unity Software Inc. (NYSE:U) is one of the . Unity Software jumped for a third day on Monday, adding 6.62 percent to close at $27.86 apiece as investors continued to scoop up shares following an investment firm's 'strong buy' recommendation on its stock. In a market note last week, Wedbush said its bullish rating for Unity Software Inc. (NYSE:U) was due to expectations of posting earnings per share of $0.31 for the second quarter of the year. Additionally, it expects the ad tech company to post EPS of $0.29 in the third quarter, $0.23 in the fourth quarter, and $1.25 for the full year 2025. A computer scientist programming in an office, demonstrating the company's innovative and modern approach to finance. In 2026, Wedbush projects Unity Software Inc. (NYSE:U) to book $0.24 EPS in the first quarter, $0.25 in the second quarter, and $0.27 both for the third and fourth quarters. For full-year 2026 and 2027, Wedbush expects the company's EPS to be at $1.02 and $0.94, respectively. While we acknowledge the potential of U as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
