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SAN FRANCISCO/CARY, N.C. - Unity (NYSE:U) and Epic Games announced Wednesday a new partnership that will allow developers to publish Unity-built games within Fortnite, opening access to an ecosystem with over 500 million registered accounts worldwide. Unity shares, currently trading at $37, have shown remarkable resilience with an 87% return over the past year despite recent volatility. InvestingPro data shows the stock has taken a significant hit of 7.6% in the past week.
The collaboration, revealed at Unity's Annual Developer Conference, will enable Unity developers to participate in the Fortnite Creator Economy. Additionally, Unity will extend its cross-platform commerce platform to support Unreal Engine in early 2026, giving Unreal developers more options for managing digital catalogs, payment providers, and web shops across PC, mobile, and web platforms.
"We're excited to partner with Epic Games to create more opportunities for game developers around the world," said Matt Bromberg, President and CEO of Unity. "Choice and open systems create growth for everyone in the gaming ecosystem."
Tim Sweeney, Founder and CEO of Epic Games, emphasized the importance of interoperability in building what he referred to as the "open metaverse," stating that companies need to work together to ensure it's "interoperable and fair."
The companies indicated that additional details about the partnership and specific product timing will be shared next year.
The announcement represents a significant collaboration between two major gaming technology providers. Unity is a widely used game development platform, while Epic Games operates Fortnite and develops the Unreal Engine, which powers many popular games and is used across various industries.
The information in this article is based on a press release statement from both companies.
In other recent news, Unity Software reported impressive third-quarter 2025 financial results, with revenue reaching $471 million and EBITDA at $109 million, surpassing FactSet consensus estimates of $450 million and $95 million, respectively. This strong performance has led several firms to adjust their price targets for the company. Needham increased its price target to $50, maintaining a Buy rating, citing confidence in Unity's growth trajectory, particularly for its Vector product. Similarly, Citizens raised its price target to $45, highlighting the company's revenue and EBITDA exceeding the high end of guidance by 4% and 15%, respectively.
Goldman Sachs also adjusted its price target to $42, maintaining a Neutral rating, while noting solid total revenue growth and a positive outlook for the fourth quarter. Macquarie upgraded Unity Software to Outperform from Neutral, raising its price target to $50, due to increased confidence in long-term growth prospects and the performance of the Unity Ad Network. Oppenheimer maintained its Perform rating, acknowledging the better-than-expected third-quarter results. These developments reflect a growing optimism among analysts regarding Unity Software's future potential.
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