Added to YB: 2024-03-08
Pitch date: 2024-03-07
U [neutral]
Unity Software Inc.
+67.06%
current return
Author Info
Okapi is a former hedge fund analyst who focuses on Consumer and TMT Stocks. Sign up for the newsletter.
Company Info
Unity Software Inc. operates a platform to create and grow games and interactive experiences for mobile phones, PCs, consoles, and extended reality devices in the United States, China, Hong Kong, Taiwan, Europe, the Middle East, Africa, the Asia Pacific, Canada, and Latin America.
Market Cap
$15.7B
Pitch Price
$27.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
-903.27
P/E
-34.97
EV/Sales
9.09
Sector
Software
Category
turnaround
The Thursday Thesis: Unity Software Inc. - $U
$U Unity Q4 miss; adtech biz hit by competition. New CEO guiding conservatively but sees strong H2 margins. IronSource integration may help compete with $APP. Not cheap <$30 but less negative; sustainable rev growth + margin expansion needed. Too early to buy, 1H24 ugly.
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