Unity Software Inc


May 13, 2024

Updating estimates following Q1 Fy24

By Vasily Karasyov

We are updating our model to reflect Q1 results. We are lowering our price target to $25 and maintain Neutral rating. we now expect the following results: Q2 FY24: We are modeling Create Solutions revenue…

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May 9, 2024

FIRST LOOK

By Vasily Karasyov

We see Q1 results as generally in line with Adjusted Ebitda ahead of estimates due to lower than expected costs, as should have been expected. Y/Y decline of 4% in Grow Solutions revenue will probably…

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February 27, 2024

Pros and cons and waiting

By Vasily Karasyov

We believe there are two main takeaways from the Q4 report. First, it’s safe to assume now that the bias to the guidance and estimates is to the upside. There may be room for improved…

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September 18, 2023

Initiating coverage

By Vasily Karasyov

We are initiating coverage of U at the time when the company is undergoing a business model transformation following the acquisition of IS in November last year. In our view, for the stock to work…

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