Unity Software is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker U on the NYSE exchange.
Unity Software stock last closed at $31.39, up 2.21% from the previous day, and has decreased 1.2% in one year. It has underperformed other stocks in the Software - Application industry by 0.14 percentage points. Unity Software stock is currently +47.93% from its 52-week low of $21.22, and -37.32% from its 52-week high of $50.08.
As of Sep 29, 2023, there are 383.46M shares of U outstanding. The market capitalization of U is $12.04B. In the past 24 hours, 8.2M U shares were traded.
You will need a brokerage account to access the NYSE market and buy U stock.
Based on our experience, eToro is the best brokerage. Here's why:
Get $10 towards your purchase of shares by creating an account with eToro now.Open eToro Account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to invest in U stock today.
Now that you have opened your account on one of the most highly reviewed stock apps, you need to deposit funds:
Check out this video walkthrough for more details depositing funds into your new investment account.
After you have identified the best place to buy Unity Software stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk and upside.
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on U's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge U's fair value.
Using relative valuations methods:
You can access more valuation research on U's stock here.
Out of 12 Equities analysts who give recommendations on U, the consensus analyst rating on U is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Chris Kuntarich, a top 46% analyst from UBS initiates coverage on U with a hold rating and announces their U price target of $38.00, on Sep 28, 2023.
UBS's Chris Kuntarich initiated their coverage on Unity Software (NYSE: U) with a Hold rating and a $38 price target.
Unity Software should continue to benefit from further penetration in the mobile gaming market, Kuntarich said, noting that "however, this trend appears well-anticipated."
In fact, most of the 20% Y/Y revenue growth expected from the company in FY 2024 and FY 2025 is already priced into the stock, the analyst told investors.
Ryan Gee, a bottom 15% analyst from Bank of America reiterates U with a strong buy rating and maintains their U price target from $56.00 to $56.00, on Sep 25, 2023.
Kash Rangan, a top 13% analyst from Goldman Sachs maintains U with a hold rating and raises their U price target from $40.00 to $45.00, on Aug 4, 2023.
Matthew Cost, a top 27% analyst from Morgan Stanley maintains U with a hold rating and raises their U price target from $28.00 to $40.00, on Aug 3, 2023.
Brian Fitzgerald, a bottom 26% analyst from Wells Fargo maintains U with a strong buy rating and raises their U price target from $48.00 to $54.00, on Aug 3, 2023.
You can dig deeper into what analysts are forecasting on the Unity Software stock forecast page.
Last year, U revenue was $1.81B. Over the past 3 year, U's revenue has grown by 122.16% per year. This was faster than the Software - Application industry average of 32.74%.
Find out more about U's earnings and revenue performance here.
Over the past year, executives and large shareholders at U have sold more shares than they have bought.
Silver Lake Group LLC, Director of U, was the latest U insider to sell. They sold $255,029.49 worth of U shares on Sep 15, 2023.
Learn more about who owns U stock here.
No, Unity Software doesn't provide an income stream by paying out dividends.
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
You have two main options:
Click the Open button and eToro will execute the order.
If you require more info about buying stocks on eToro, click the how to video below:
Now that you own some U shares, you'll want to keep up with your company.
Put U on a watchlist to see the latest developments about your U stock.
To summarize, here are the 6 steps to buy Unity Software stock:
If you require a brokerage account, eToro is our recommended venue.Get Started with eToro Today
If you want to get the latest scoop on your new investment in Unity Software, add U to your watchlist by clicking the button below.
How much does it cost to buy one Unity Software share?
Is now a good time to buy Unity Software stock?
What is the best way to buy Unity Software stock?