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NYSE:TUYA

Tuya (TUYA) Stock Price, News & Analysis

$2.02
-0.04 (-1.94%)
(As of 05/31/2024 ET)
Today's Range
$1.94
$2.08
50-Day Range
$1.59
$2.15
52-Week Range
$1.40
$2.50
Volume
639,054 shs
Average Volume
332,813 shs
Market Capitalization
$1.02 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.70

Tuya MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.7% Upside
$2.70 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Tuya in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to ($0.01) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.14 out of 5 stars

Computer And Technology Sector

426th out of 600 stocks

Prepackaged Software Industry

148th out of 202 stocks

TUYA stock logo

About Tuya Stock (NYSE:TUYA)

Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices. It also offers cloud-based software value-added services that provides end users with smart features, such as cloud storage; and Cube Smart Private Cloud Solution which enables conglomerates to build their own autonomous and controllable IoT platforms; and could-based services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company provides smart solutions for IoT devices that integrates software capabilities; and enables developers to activate an IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a range of smart devices, as well as sells finished smart devices. It offers its solutions to smart home, smart business, renewable energy, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.

TUYA Stock Price History

TUYA Stock News Headlines

Comparing Tuya (NYSE:TUYA) and MarketWise (NASDAQ:MKTW)
Tuya Inc ADR
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Company Calendar

Last Earnings
11/22/2021
Today
6/01/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,465
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.70
High Stock Price Target
$2.70
Low Stock Price Target
$2.70
Potential Upside/Downside
+33.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-60,310,000.00
Pretax Margin
-16.33%

Debt

Sales & Book Value

Annual Sales
$229.99 million
Book Value
$1.95 per share

Miscellaneous

Free Float
493,795,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
0.30
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Key Executives

  • Mr. Xueji WangMr. Xueji Wang (Age 41)
    Founder, Co-Chairman & CEO
  • Mr. Liaohan Chen (Age 41)
    Founder, Co-Chairman & President
  • Mr. Yi Yang (Age 41)
    Co-founder, COO & Director
  • Ms. Yao Liu (Age 49)
    Senior VP, CFO & Director
  • Mr. Reg Chai
    Investor Relations Director
  • Ms. King Yin Tang (Age 37)
    Company Secretary

TUYA Stock Analysis - Frequently Asked Questions

Should I buy or sell Tuya stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tuya in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TUYA shares.
View TUYA analyst ratings
or view top-rated stocks.

What is Tuya's stock price target for 2024?

2 analysts have issued 12-month target prices for Tuya's shares. Their TUYA share price targets range from $2.70 to $2.70. On average, they expect the company's stock price to reach $2.70 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
View analysts price targets for TUYA
or view top-rated stocks among Wall Street analysts.

How have TUYA shares performed in 2024?

Tuya's stock was trading at $2.30 on January 1st, 2024. Since then, TUYA stock has decreased by 12.2% and is now trading at $2.02.
View the best growth stocks for 2024 here
.

When is Tuya's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024.
View our TUYA earnings forecast
.

How were Tuya's earnings last quarter?

Tuya Inc. (NYSE:TUYA) issued its quarterly earnings data on Monday, November, 22nd. The company reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). The company earned $85.58 million during the quarter. Tuya had a negative net margin of 17.53% and a negative trailing twelve-month return on equity of 2.82%.

What ETFs hold Tuya's stock?

ETFs with the largest weight of Tuya (NYSE:TUYA) stock in their portfolio include KraneShares MSCI China Clean Technology Index ETF (KGRN) and Invesco China Technology ETF (CQQQ).Invesco Golden Dragon China ETF (PGJ).

When did Tuya IPO?

Tuya (TUYA) raised $807 million in an IPO on Thursday, March 18th 2021. The company issued 43,600,000 shares at a price of $17.00-$20.00 per share. Morgan Stanley, BofA Securities and CICC acted as the underwriters for the IPO and Tiger Brokers and CMBI were co-managers.

Who are Tuya's major shareholders?

Tuya's stock is owned by a number of institutional and retail investors. Top institutional investors include Hhlr Advisors LTD. (0.31%), Acadian Asset Management LLC (0.08%) and Russell Investments Group Ltd. (0.00%).

How do I buy shares of Tuya?

Shares of TUYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TUYA) was last updated on 6/1/2024 by MarketBeat.com Staff

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