Unity Software Inc (NYSE: U) Hogging The Spotlight Today

Currently, there are 409.39M common shares owned by the public and among those 302.88M shares have been available to trade.

The company’s stock has a 5-day price change of 36.64% and 57.53% over the past three months. U shares are trading 26.12% year to date (YTD), with the 12-month market performance down to -11.49% lower. It has a 12-month low price of $13.90 and touched a high of $33.43 over the same period. U has an average intraday trading volume of 10.88 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 27.98%, 23.66%, and 41.02% respectively.

Institutional ownership of Unity Software Inc (NYSE: U) shares accounts for 56.97% of the company’s 409.39M shares outstanding.

It has a market capitalization of $11.42B and a beta (3y monthly) value of 2.32. The earnings-per-share (ttm) stands at -$1.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.56% over the week and 5.51% over the month.

Earnings per share for the fiscal year are expected to decrease by -38.54%, and 24.75% over the next financial year. EPS should grow at an annualized rate of -0.10% over the next five years, compared to -22.36% over the past 5-year period.

Looking at the support for the U, a number of firms have released research notes about the stock. HSBC Securities stated their Buy rating for the stock in a research note on February 21, 2025, with the firm’s price target at $34. Wells Fargo was of a view on October 29, 2024 that the stock is Equal Weight, while Stifel gave the stock Buy rating on September 13, 2024, issuing a price target of $20- $25. Morgan Stanley on their part issued Overweight rating on September 03, 2024.

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