The video game engine developer is buckling under the weight of years of bad decisions. Unity (U -2.31%) should be in an enviable position. The company's game engine is wildly popular, powering a long list of high-profile and niche games. Unity and Unreal Engine from Epic Games are often the two choices game developers seriously consider for their next game. A string of bad decisions Unfortunately, Unity has made a series of missteps. The company paid $4.4 billion in 2022 for ironSource, an app monetization ...

Unity shares have never been lower and there may be nothing but upside ahead. Shares of Unity (U 0.37%) have cratered after weak financial results and a botched change to the company's pricing model. But is this an opportunity for investors? Travis Hoium covers the company's latest results and potential upside in the video below. *Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024. ...

Coming into today, shares of the company had lost 24.32% in the past month. In that same time, the Computer and Technology sector lost 3.05%, while the S&P 500 gained 3.71%. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Unity Software Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. The Zacks R ...

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Unity Software (NYSE:U) provides a powerful platform for creators to build interactive content across various devices. Their suite includes Create Solutions for development and Grow solutions for user engagement and monetization. Investment Thesis 2024 has been a challenging year for Unity. Despite exceeding revenue expectations by 200% in Q1, the stock price has plummeted 53% YTD as it continues to hit new all-time lows. A restructuring plan at the begging of the year that included workforce reduction aime ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Unity Software. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Investment Rating - The report maintains a "Buy" rating for Unity (U.US) with a target price of $31, indicating a potential upside of approximately 28% from the current price of $24.16 [4][24]. Core Insights - Unity's business is expected to stabilize, with a projected revenue of $1.78 billion for 2024, and an overall adjusted EBITDA margin of 23%. The company is anticipated to reach an inflection point in performance in the second half of the year, with a forecasted 13% year-over-year revenue growth in Q4 [4][20]. - The Create Solutions segment showed stable growth, with Q1 2024 revenue of $133 million, representing a 17% year-over-year increase, driven by subscriptions and strategic partnerships. The upcoming release of Unity 6 in late 2024 is expected to enhance the company's market position in game engines [3][20]. Financial Projections - Revenue projections for Unity are as follows: - FY22: $1.391 billion - FY23: $2.187 billion - FY24E: $1.861 billion - FY25E: $2.030 billion - FY26E: $2.265 billion [2][26]. - Adjusted EBITDA is projected to improve from a loss of $71 million in FY22 to $741 million by FY26 [2][26]. - The report anticipates a gradual recovery in performance, with the first half of 2024 expected to be the lowest point, followed by a recovery in the second half [4][20]. Market Performance - Unity's stock has shown a significant decline, with a 52-week price range of $22.2 to $50.08. The current market capitalization stands at approximately $9.443 billion [24][26]. - The report highlights that Unity's stock performance is currently under pressure but is expected to rebound as the company navigates through competitive challenges and optimizes its offerings [21][20].

Key PointsUnity Software's Q1 2024 report highlights its focus on optimizing its portfolio, integrating AI, and fostering growth across various industries.Unity's core Create Solutions segment grew in Q1 2024.Unity is actively investing in AI integration (Unity Muse and Unity Sentis) to empower creators.5 stocks we like better than Unity SoftwareUnity Software NYSE: U develops and distributes a platform for creating and operating interactive, real-time 3D content. The company released its first quarter 2024 ...

The company announced a new CEO to take the company forward.In this video, I will cover Unity Software's (U 0.25%) first-quarter earnings and explain what the company needs to do to convince me to become a shareholder again.*Stock prices used were from the trading day of May 9, 2024. The video was published on May 10, 2024. ...

Unity Software Inc. (NYSE:U) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Corporate Participants Daniel Amir - Vice President and Head, Investor Relations Jim Whitehurst - Interim Chief Executive Officer Luis Visoso - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Jason Bazinet - Citi Michael Funk - Bank of America Clark Lampen - BTIG Parker Lane - Stifel Josh Tilton - Wolfe Matthew Cost - Morgan Stanley Martin Yang - Oppenheimer Gi ...