Unity Software Inc., with a market capitalization of $16.4 billion, has reached a significant milestone as its stock hit a 52‑week high of $38.97. This achievement marks a notable recovery and growth trajectory for the company, reflecting a substantial 134.1% increase over the past year. The company’s strong liquidity position is evident in its healthy current ratio of 2.73, though InvestingPro analysis suggests the stock is currently trading above its Fair Value. The surge in Unity’s stock price underscores the company’s resilience and investor confidence in its business model and future prospects. With annual revenue of $1.78 billion and a beta of 2.32 indicating higher volatility than the market, Unity continues to innovate and expand its offerings in the software industry. This upward trend highlights its strengthened market position and the positive sentiment surrounding its financial performance. Discover 14 additional key insights about Unity with a InvestingPro subscription, including detailed Pro Research Reports that transform complex data into actionable intelligence.

In other recent news, Unity Software has seen a series of positive developments following its second‑quarter results. The company reported revenue and EBITDA that exceeded the high end of guidance by $15.9 million and $15.5 million, respectively. This strong performance has prompted several financial firms to adjust their outlook on the company. Needham raised its price target for Unity to $40, maintaining a Buy rating, citing the company’s strategic position in the mobile gaming ecosystem. Similarly, Jefferies also increased its price target to $40, highlighting growth in Unity Ads as a key factor. JMP Securities adjusted its price target to $35, noting that Unity’s third‑quarter guidance appears conservative. Meanwhile, Wells Fargo raised its price target to $29, acknowledging Unity’s revenue guidance for the second quarter. Oppenheimer maintained a Perform rating, pointing to mixed results from Unity’s Vector platform but noting a 15% revenue growth in Unity’s Ad Network.

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Unity Software stock hits 52-week high at $38.97

Unity Software Inc. reached a 52‑week high of $38.97, marking a 134.1% rise over the past year. The company has a market cap of $16.4 billion, revenue of $1.78 billion, and a strong liquidity position. Following strong Q2 earnings that beat guidance, several analysts raised their price targets, citing growth in Unity Ads and a conservative outlook for Q3. The article notes the stock trades above fair value and was AI‑generated and editor‑reviewed.