Meta Platforms Inc.META
Mentioned
Impact on assets 3
Spatial Computing / AR/VR
Meta Platforms Inc.
Unity Software IncU
Mentioned
Others
Meta Platforms Inc.Unity Software IncUnity Software announced day one engine support for Meta VR Glasses, the next Meta headset slated for launch in spring 2027. The news gives Unity a clear role in Meta's next virtual reality cycle, and the stock has run hard into that story, with a 7 day share price return of 14.6% and a 90 day gain of 54.01%, while the 1 year total shareholder return of 21.72% sits against a 5 year total shareholder return that declined 66.34%. Unity Software closed at $45.68, against a widely followed fair value estimate of $49.39 that implies roughly 8% undervaluation and rests on expectations of $3.6b in revenue and $989.9m in earnings by 2029, a future P/E multiple of 30.8x, and a 27.9% profit margin in three years. The thesis carries clear pressure points, including heavy AI and product spending, execution risk in non gaming categories such as automotive and healthcare, privacy rules that could limit ad performance, and reliance on large deals with groups such as Tencent and Scopely, all set against a current net loss of $587.5m. On price based yardsticks the stock trades at a P/S ratio of 9.9x, versus 3.9x for the broader US software group and 5.8x for closer peers, with a fair ratio of 8.5x.
Meta Platforms Inc.Unity Software Inc