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The Growth and Earning Thesis of Unity Software Inc. (U) Stock

Unity Software Inc. (NYSE: U), a gaming engine company, anticipates long-term double-digit revenue growth. Is the firm able to sustain strong growth rates over an extended period of time?

Unity Software CEO Luis Visoso has stated that his firm would be able to continue sales growth of at least 30% per year for the foreseeable future. This news piqued the interest of investors since the prognosis is unusually optimistic.

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Such expansion is usual for fledgling businesses, but multi-year revenue increases at this rate are exceptional.

The current focus is on how Unity Software Inc. (U) may profit from the advancement of metaverse technology. A software engine for producing 3D visuals is at the heart of the Unity company. For example, the firm provides a method for converting architectural designs into 3D virtual reality models (VR). Unity Software Inc. (U) also includes tools for producing video games and virtual reality applications.

All of the instruments are already in high demand, and their worth soared at the end of last year with the sale of millions of Oculus Quest 2 VR glasses. Even if the metaverse concept does not return monetarily fast, video games and VR applications will remain a new targeted market.

Automotive solutions is another new and rapidly expanding area. Multimedia interfaces in automobiles are getting increasingly complicated, and new AR applications, as well as applications for robot vehicles that serve as entertainment centers and mobile workplaces, are envisaged in the future.

Metaverses and automobiles have the potential to promote development in Unity Software Inc. (U)’s creative solutions area. This category now accounts for around 26% of sales and has the greatest potential for growth.

With that in mind, let’s take a look at U shares from this angle. The 20-day RSI value for U is at 42.33, indicating that it is neither unusually expensive nor cheap and that it is not prone to a reactive price movement based on this metric. When we check the 20-day Stochastic percent k indicator, we find it at 39.74, which indicates a neutral view.

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