Unity Software Q2 Preview: Uncertain Turnaround In Progress - Reiterate Speculative Buy [Seeking Alpha]
Unity Software Inc. (U)
Company Research
Source: Seeking Alpha
Despite the mixed FQ1'24 performance and underwhelming FQ2'24 guidance, the management remains confident about its FY2024 guidance. The new CEO is also notably experienced in gaming management, with it potentially bringing forth a clean slate and renewed faith amongst market analysts/ gaming developers. While short interest has moderated, it is undeniable that the stock may remain volatile moving forward, for so long that a bottom has yet to be found and the business' performance metrics disappoint. However, we believe that the U stock looks relatively cheap here, with it offering a speculative growth play, assuming a successful turnaround ahead. U's Investment Thesis Remains Speculative We previously covered Unity Software Inc. NYSE: U ) in April 2024, discussing why the stock remained speculative in the intermediate term, with it uncertain if the business reset might be successful in boosting its top/bottom lines Recommended For You About U Stock More on U Related
Show less
Read more
Impact Snapshot
Event Time:
U
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
U alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
U alerts
High impacting Unity Software Inc. news events
Weekly update
A roundup of the hottest topics
U
News
- Midday stock movers: Boeing, Bank of America, Unity Software [Yahoo! Finance]Yahoo! Finance
- Why Unity Software Stock Just Jumped 8% [Yahoo! Finance]Yahoo! Finance
- Unity Software Inc. (NYSE: U) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $22.00 price target on the stock.MarketBeat
- Biggest stock movers today: U, BA, and more [Seeking Alpha]Seeking Alpha
- Is Unity Software Stock Going to $24? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
U
Earnings
- 8/8/24 - Beat
U
Sec Filings
- 9/3/24 - Form 144
- 8/30/24 - Form 144
- 8/27/24 - Form 4
- U's page on the SEC website