In the last trading session, 2.61 million shares of the Unity Software Inc (NYSE:U) were traded, and its beta was 2.27. Most recently the company’s share price was $23.03, and it changed around -$0.67 or -2.83% from the last close, which brings the market valuation of the company to $9.43B. U currently trades at a discount to its 52-week high of $30.88, offering almost -34.09% off that amount. The share price’s 52-week low was $13.90, which indicates that the current value has risen by an impressive 39.64% since then.
Unity Software Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.19. If we narrow it down even further, the data shows that 1 out of 29 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 13 recommended U as a Hold, whereas 11 deemed it a Buy, and 0 rated it as Underweight. Unity Software Inc is expected to report earnings per share of -0.37 for the current quarter.
Unity Software Inc (NYSE:U) trade information
Instantly U has showed a red trend with a performance of -2.83% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 27.63 on recent trading dayincreased the stock’s daily price by 16.65%. The company’s shares are currently up 2.49% year-to-date, but still down -10.21% over the last five days. On the other hand, Unity Software Inc (NYSE:U) is 3.74% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $21, which translates to bulls needing to decrease their stock price by -9.67% from its current value. Analyst projections state that U is forecast to be at a low of $15 and a high of $27.
Unity Software Inc (U) estimates and forecasts
The year-over-year growth rate is expected to be -2.15%, down from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 414.5M in revenue for the current quarter. 16 analysts expect Unity Software Inc to make 425.07M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 460.38M and 449.26M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -9.97%. Forecasts for the next quarter put sales growth at -5.38%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -22.36%. Unity Software Inc earnings are expected to increase by -38.47% in 2025, but the outlook is negative -1.12% per year for the next five years.
Unity Software Inc (NYSE:U)’s Major holders
SC US (TTGP), LTD., with 8.2158% or 32.25 million shares worth $524.39 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Growth Fund of America Inc and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 19.36 shares worth $444.73 million, making up 4.72% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 8.78 shares worth around $201.65 million, which represents about 2.14% of the total shares outstanding.
