10 Best Video Game Stocks to Buy Now

6. Unity Software Inc. (NYSE:U)

Number of Hedge Fund Holders: 48

Unity Software Inc. (NYSE:U) develops video gaming software and offers software solutions to create and monetize real-time, interactive 3D and 2D content for tablets, mobile phones, consoles, and AR and VR devices. Artists, developers, and designers use the company’s platform to build content for gaming, automotive, retail, engineering, and other industries.

The company reported $457 million in revenue in fiscal Q4 2024, down 25% year-over-year and attributed to its portfolio reset. However, the results depicted meaningful progress in the quarter, as revenue in the company’s strategic portfolio grew at its fastest rate in four quarters, and adjusted EBITDA beat the top end of its guidance by 26%.

Some of the primary reasons behind optimism surrounding the company include the appeal of its new pricing mode and the successful launch of Unity 6 – the most stable version of the Unity Engine to date. In addition, Unity Software Inc. (NYSE:U) is also making significant progress in AI for its advertising customers, providing considerable optimism for the future. The company ranks sixth on our list of the best video game stocks to buy now.