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Unity Software is set to release its second quarter 2024 financial results on August 8, 2024, after the market closes.
The market consensus estimates for Unity’s Q2 2024 financial results are as follows:
Revenue: Expected to be between $420 million and $425 million, which represents a year-over-year decline of 6% to 7%.
Adjusted EBITDA: Projected to be in the range of $75 million to $80 million.
Unity Software is currently attractively priced: it trades at P/BV of 1.98x, P/Sales ratio of 2.94x, which is below peer group average. U’s target price of $24.8 implies attractive 51.6% upside potential for the stock.
Unity Software is set to release its second quarter 2024 financial results on August 8, 2024, after the market closes.
The market consensus estimates for Unity’s Q2 2024 financial results are as follows:
Revenue: Expected to be between $420 million and $425 million, which represents a year-over-year decline of 6% to 7%.
Adjusted EBITDA: Projected to be in the range of $75 million to $80 million.
Unity Software is currently attractively priced: it trades at P/BV of 1.98x, P/Sales ratio of 2.94x, which is below peer group average. U’s target price of $24.8 implies attractive 51.6% upside potential for the stock.
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