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Why Unity Software Stock Was Soaring This Week
Unity Stock Could Soar as Turnaround Takes Hold
Unity Stock Analysis: Buy, Hold, or Sell?
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.
Unity Software Inc. (U) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to earnings of $0.18 per share a year ago.
Unity Software Inc. (U) Q3 2024 Earnings Call Transcript
Despite promising growth in the Industries segment, U's restructuring pains and portfolio reset challenges suggest investors should remain cautious ahead of Q3 results.
Unity Software (U) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Unity Software Inc. reports Q3 results next week, with expectations for weak results. The company has a ton of potential in 3D and AI game development software, but consensus targets forecast limited growth for the next year. The stock isn't wildly expensive at 4.5x sales targets, but the entirely new management team sets up for a spooky reporting period.
Unity Software Inc. (U) closed at $20.73 in the latest trading session, marking a +1.02% move from the prior day.