Adesto Technologies Corporation Company Profile (NASDAQ:IOTS)

About Adesto Technologies Corporation (NASDAQ:IOTS)

Adesto Technologies Corporation logoAdesto Technologies Corporation is a provider of application-specific and ultra-low power non-volatile memory products. The Company optimizes its non-volatile memory products for Internet of Things (IoT), applications, including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. It operates in application-specific and feature-rich, ultra-low power non-volatile memory (NVM) products segment. It combines its non-volatile memory design capabilities with intellectual property and differentiated technology platforms to deliver products that manage the overall energy consumption of its customers' systems and battery life. Its products feature embedded intelligence in a small form factor. It sells its products directly to original equipment manufacturers and original design manufacturers, respectively that manufacture products for its end customers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Memory Chips (RAM)
  • Sub-Industry: N/A
  • Symbol: NASDAQ:IOTS
  • CUSIP: N/A
  • Web: www.adestotech.com
Capitalization:
  • Market Cap: $170.69 million
  • Outstanding Shares: 20,943,000
Average Prices:
  • 50 Day Moving Avg: $7.71
  • 200 Day Moving Avg: $7.71
  • 52 Week Range: $1.50 - $8.15
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 271.67
  • P/E Growth: -3.92
Sales & Book Value:
  • Annual Revenue: $48.23 million
  • Price / Sales: 3.54
  • Book Value: $1.54 per share
  • Price / Book: 5.29
Profitability:
  • EBIDTA: ($6,670,000.00)
  • Net Margins: -21.41%
  • Return on Equity: -35.81%
  • Return on Assets: -14.35%
Debt:
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 2.70%
  • Quick Ratio: 2.44%
Misc:
  • Average Volume: 432,000 shs.
  • Beta: 2.16
  • Short Ratio: 7.04
 

Frequently Asked Questions for Adesto Technologies Corporation (NASDAQ:IOTS)

What is Adesto Technologies Corporation's stock symbol?

Adesto Technologies Corporation trades on the NASDAQ under the ticker symbol "IOTS."

How were Adesto Technologies Corporation's earnings last quarter?

Adesto Technologies Corporation (NASDAQ:IOTS) issued its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.03) earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.03. The company had revenue of $13.40 million for the quarter, compared to analyst estimates of $12.98 million. Adesto Technologies Corporation had a negative return on equity of 35.81% and a negative net margin of 21.41%. The business's revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.21) EPS. View Adesto Technologies Corporation's Earnings History.

When will Adesto Technologies Corporation make its next earnings announcement?

Adesto Technologies Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Adesto Technologies Corporation.

Where is Adesto Technologies Corporation's stock going? Where will Adesto Technologies Corporation's stock price be in 2017?

2 equities research analysts have issued 1-year target prices for Adesto Technologies Corporation's stock. Their predictions range from $7.00 to $10.00. On average, they anticipate Adesto Technologies Corporation's share price to reach $8.50 in the next year. View Analyst Ratings for Adesto Technologies Corporation.

What are analysts saying about Adesto Technologies Corporation stock?

Here are some recent quotes from research analysts about Adesto Technologies Corporation stock:

  • 1. According to Zacks Investment Research, "Adesto Technologies Corporation is a provider of application-specific non-volatile memory products. The company designed and built a portfolio of innovative products which includes Fusion Serial Flash, DataFlash(R) and Conductive Bridging RAM (R). It sells products directly to original equipment manufacturers and original design manufacturers. Adesto Technologies Corporation is headquartered in Sunnyvale, California. " (8/10/2017)
  • 2. Needham & Company LLC analysts commented, "Adesto posted a beat and raise quarter. Revenue increased to $12.3MM and GMs increased 270 basis points Q/Q to 50.8%. Adesto completed the year with 280 design wins compared to 153 last year, and is seeing strength across all end markets. With proof points of 19% Y/Y growth in 2H16, guidance for quarterly record revenue in 2Q17, and EBITDA B/E in 2H17E, we believe Adesto is progressing well on design wins and new product technologies. With GMs improving, we believe the company deserves a $6.50 PT on a 1.8x EV/sales 2017. The stock is currently trading at less than 1.0x EV/sales (2017)." (2/15/2017)

Who are some of Adesto Technologies Corporation's key competitors?

Who are Adesto Technologies Corporation's key executives?

Adesto Technologies Corporation's management team includes the folowing people:

  • Barry L. Cox, Chairman of the Board
  • Narbeh Derhacobian, President, Chief Executive Officer, Co-Founder, Director
  • Shane Hollmer, Co-Founder, Vice President - Engineering
  • Ron Shelton, Chief Financial Officer
  • Gideon Intrater, Chief Technology Officer
  • Thomas D. Spade, Vice President - Worldwide Sales
  • Raphael Mehrbians, Vice President of Marketing
  • Janet Wang Ph.D., Vice President of the Discrete Product Group
  • Ishai Naveh, Vice President - Business Development
  • Nelson Chan, Lead Independent Director

Who owns Adesto Technologies Corporation stock?

Adesto Technologies Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include AWM Investment Company Inc. (8.59%), Gilder Gagnon Howe & Co. LLC (10.50%), Federated Investors Inc. PA (3.23%), Ameriprise Financial Inc. (2.75%), Unterberg Capital LLC (1.99%) and Spark Investment Management LLC (0.88%). Company insiders that own Adesto Technologies Corporation stock include Applied Materials Inc /De, Gideon D Intrater, Harris & Harris Group Inc /Ny/, Ishai Naveh, Janet Wang, Narbeh Derhacobian, Ron Shelton, Thomas D Spade and Venture Fund Vi Lp Arch. View Institutional Ownership Trends for Adesto Technologies Corporation.

Who sold Adesto Technologies Corporation stock? Who is selling Adesto Technologies Corporation stock?

Adesto Technologies Corporation's stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA and Gilder Gagnon Howe & Co. LLC. Company insiders that have sold Adesto Technologies Corporation stock in the last year include Gideon D Intrater, Ishai Naveh, Janet Wang and Thomas D Spade. View Insider Buying and Selling for Adesto Technologies Corporation.

Who bought Adesto Technologies Corporation stock? Who is buying Adesto Technologies Corporation stock?

Adesto Technologies Corporation's stock was purchased by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Ameriprise Financial Inc., Unterberg Capital LLC, Spark Investment Management LLC, Pinnacle Associates Ltd. and Vanguard Group Inc.. Company insiders that have bought Adesto Technologies Corporation stock in the last two years include Harris & Harris Group Inc /Ny/, Narbeh Derhacobian, Ron Shelton and Venture Fund Vi Lp Arch. View Insider Buying and Selling for Adesto Technologies Corporation.

How do I buy Adesto Technologies Corporation stock?

Shares of Adesto Technologies Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Adesto Technologies Corporation's stock price today?

One share of Adesto Technologies Corporation stock can currently be purchased for approximately $8.15.


MarketBeat Community Rating for Adesto Technologies Corporation (NASDAQ IOTS)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  202
MarketBeat's community ratings are surveys of what our community members think about Adesto Technologies Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Adesto Technologies Corporation (NASDAQ:IOTS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.50 (4.29% upside)

Analysts' Ratings History for Adesto Technologies Corporation (NASDAQ:IOTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/13/2017Needham & Company LLCReiterated RatingBuy$10.00LowView Rating Details
7/4/2017Benchmark Co.Boost Price TargetBuy$5.00 -> $7.00MediumView Rating Details
9/1/2016Roth CapitalInitiated CoverageBuy$4.00N/AView Rating Details
6/15/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldN/AView Rating Details
2/19/2016Sanford C. BernsteinInitiated CoverageBuy$9.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Adesto Technologies Corporation (NASDAQ:IOTS)
Earnings by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)
Earnings History by Quarter for Adesto Technologies Corporation (NASDAQ IOTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017($0.01)N/AView Earnings Details
8/3/2017Q2 2017($0.06)($0.03)$12.98 million$13.40 millionViewListenView Earnings Details
5/10/20173/31/2017($0.13)($0.10)$11.21 million$11.31 millionViewN/AView Earnings Details
2/14/2017Q4 2016($0.13)($0.04)$12.20 million$12.30 millionViewListenView Earnings Details
10/27/2016Q316($0.19)($0.19)$11.03 million$11.20 millionViewListenView Earnings Details
8/9/2016Q216($0.19)($0.21)$10.20 million$10.30 millionViewListenView Earnings Details
5/5/2016Q116($0.16)($0.16)$10.20 million$10.20 millionViewListenView Earnings Details
2/11/2016Q415($0.10)($0.07)$11.83 million$11.80 millionViewListenView Earnings Details
11/12/2015Q3($0.22)$11.14 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Adesto Technologies Corporation (NASDAQ:IOTS)
2017 EPS Consensus Estimate: ($0.52)
2018 EPS Consensus Estimate: ($0.14)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.18)($0.12)($0.15)
Q2 20172($0.18)($0.09)($0.14)
Q3 20172($0.19)($0.06)($0.13)
Q4 20172($0.18)($0.04)($0.11)
Q1 20181($0.07)($0.07)($0.07)
Q2 20181($0.05)($0.05)($0.05)
Q3 20181($0.02)($0.02)($0.02)
Q4 20181$0.00$0.00$0.00
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Adesto Technologies Corporation (NASDAQ:IOTS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Adesto Technologies Corporation (NASDAQ:IOTS)
Insider Ownership Percentage: 22.10%
Institutional Ownership Percentage: 33.70%
Insider Trades by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)
Institutional Ownership by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)
Insider Trades by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2017Gideon D IntraterInsiderSell2,500$6.50$16,250.00View SEC Filing  
8/17/2017Ishai NavehVPSell21,706$6.32$137,181.92View SEC Filing  
5/25/2017Janet WangVPSell2,600$5.10$13,260.00View SEC Filing  
5/22/2017Ishai NavehVPSell4,000$5.27$21,080.00View SEC Filing  
5/19/2017Gideon D IntraterInsiderSell2,180$5.30$11,554.00View SEC Filing  
2/17/2017Thomas D. SpadeVPSell4,064$4.32$17,556.48View SEC Filing  
11/21/2016Narbeh DerhacobianInsiderBuy10,000$1.76$17,600.00View SEC Filing  
11/15/2016Ron SheltonCFOBuy10,000$2.04$20,400.00View SEC Filing  
11/10/2016Narbeh DerhacobianInsiderBuy7,200$2.05$14,760.00View SEC Filing  
11/8/2016Narbeh DerhacobianInsiderBuy17,800$1.91$33,998.00View SEC Filing  
11/8/2016Ron SheltonCFOBuy15,000$1.90$28,500.00View SEC Filing  
8/26/2016Applied Materials Inc /DeMajor ShareholderSell5,000$2.41$12,050.00View SEC Filing  
5/10/2016Ron SheltonCFOBuy25,000$3.54$88,500.00View SEC Filing  
10/26/2015Harris & Harris Group Inc /Ny/DirectorBuy200,000$5.00$1,000,000.00View SEC Filing  
10/26/2015Venture Fund Vi Lp ArchMajor ShareholderBuy400,000$5.00$2,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Adesto Technologies Corporation (NASDAQ:IOTS)
Latest Headlines for Adesto Technologies Corporation (NASDAQ:IOTS)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : September 18, 2017
finance.yahoo.com - September 18 at 7:25 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Receives Buy Rating from Needham & Company LLC
www.americanbankingnews.com - September 13 at 3:34 PM
finance.yahoo.com logoAdoption of xSPI Standard by JEDEC Broadens Opportunities for Adesto’s New EcoXiP eXecute-in-Place Products
finance.yahoo.com - September 12 at 4:41 PM
feeds.benzinga.com logoAdesto Technologies to Present at the Dougherty & Co. Institutional Investor Conference on September 19
feeds.benzinga.com - September 11 at 3:06 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : September 6, 2017
finance.yahoo.com - September 5 at 9:45 PM
finance.yahoo.com logoAdesto Technologies Corp. :IOTS-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - August 31 at 7:58 PM
finance.yahoo.com logoIncreased Earnings Estimates Seen for Adesto Technologies (IOTS): Can It Move Higher?
finance.yahoo.com - August 28 at 7:32 PM
finance.yahoo.com logoAdesto Technologies to Present at the Drexel Hamilton TMT Conference on September 6
finance.yahoo.com - August 24 at 8:02 AM
americanbankingnews.com logoGideon D. Intrater Sells 2,500 Shares of Adesto Technologies Corporation (IOTS) Stock
www.americanbankingnews.com - August 21 at 10:20 PM
americanbankingnews.com logoInsider Selling: Adesto Technologies Corporation (IOTS) VP Sells 21,706 Shares of Stock
www.americanbankingnews.com - August 21 at 10:20 PM
americanbankingnews.com logoReviewing EVERSPIN TECH (MRAM) and Adesto Technologies Corporation (IOTS)
www.americanbankingnews.com - August 16 at 4:58 PM
americanbankingnews.com logoContrasting Adesto Technologies Corporation (IOTS) and EVERSPIN TECH (MRAM)
www.americanbankingnews.com - August 14 at 4:22 AM
seekingalpha.com logoAdesto Technologies Corporation (IOTS) Presents At Canaccord Genuity 37th Annual Growth Conference - Slideshow
seekingalpha.com - August 11 at 11:51 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - August 11 at 12:28 AM
finance.yahoo.com logoAdesto Technologies Adds ACTE A/S to its Distribution Network
finance.yahoo.com - August 9 at 8:11 PM
finance.yahoo.com logoSigma Designs® Selects Adesto Technologies Serial Flash for Z-Wave® Chipsets
finance.yahoo.com - August 9 at 8:11 PM
americanbankingnews.com logoFinancial Analysis: Everspin Tech (MRAM) and Adesto Technologies Corporation (NASDAQ:IOTS)
www.americanbankingnews.com - August 9 at 4:16 PM
americanbankingnews.com logoReviewing Adesto Technologies Corporation (IOTS) & Everspin Tech (MRAM)
www.americanbankingnews.com - August 9 at 12:24 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Announces Earnings Results
www.americanbankingnews.com - August 4 at 10:28 PM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 3-Aug-17 9:00pm GMT
finance.yahoo.com - August 4 at 8:12 PM
finance.yahoo.com logoAdesto Tech reports 2Q loss
finance.yahoo.com - August 4 at 8:12 PM
finance.yahoo.com logoAdesto Technologies Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 8:06 PM
finance.yahoo.com logoAdesto Technologies to Present at the Canaccord Genuity Conference on August 9
finance.yahoo.com - August 1 at 3:31 PM
finance.yahoo.com logoAdesto Technologies Announces Barry L. Cox Scholarships  
finance.yahoo.com - July 27 at 11:08 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Set to Announce Earnings on Thursday
www.americanbankingnews.com - July 27 at 10:08 AM
americanbankingnews.com logoComparing Smart Global Holdings (SGH) & Adesto Technologies Corporation (IOTS)
www.americanbankingnews.com - July 21 at 6:08 PM
americanbankingnews.com logoContrasting Adesto Technologies Corporation (NASDAQ:IOTS) & EVERSPIN TECH (MRAM)
www.americanbankingnews.com - July 21 at 4:36 PM
finance.yahoo.com logoAdesto Technologies to Announce Second Quarter 2017 Financial Results on August 3
finance.yahoo.com - July 21 at 4:14 PM
americanbankingnews.com logoAnalyzing Rambus (RMBS) and Adesto Technologies Corporation (NASDAQ:IOTS)
www.americanbankingnews.com - July 19 at 2:40 PM
americanbankingnews.com logoAdesto Technologies Corporation (NASDAQ:IOTS) and Smart Global Holdings (SGH) Head to Head Comparison
www.americanbankingnews.com - July 14 at 10:28 PM
finance.yahoo.com logoAdesto Technologies Introduces New Solution to Enable Smart Home Products
finance.yahoo.com - July 13 at 3:28 AM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : July 5, 2017
finance.yahoo.com - July 6 at 6:34 AM
americanbankingnews.com logoAdesto Technologies Corporation (NASDAQ:IOTS) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 4 at 12:36 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - July 1 at 11:16 PM
finance.yahoo.com logoAdesto Technologies Announces Exercise of Over-Allotment Option By Underwriters
finance.yahoo.com - June 30 at 12:19 AM
americanbankingnews.com logoHead to Head Review: Adesto Technologies Corp (IOTS) and Rambus (RMBS)
www.americanbankingnews.com - June 26 at 8:43 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 24 at 12:06 AM
finance.yahoo.com logoAdesto to address requirements for ultra-low power memory technologies in IoT devices at Sensors Expo & Conference
finance.yahoo.com - June 22 at 1:05 PM
americanbankingnews.com logoReviewing Violin Memory (VMEM) & Adesto Technologies Corporation (IOTS)
www.americanbankingnews.com - June 21 at 10:20 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Downgraded by ValuEngine to Sell
www.americanbankingnews.com - June 17 at 8:34 AM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Plans Offering Common Stock
www.streetinsider.com - June 16 at 6:50 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : June 16, 2017
finance.yahoo.com - June 16 at 6:50 PM
finance.yahoo.com logoAdesto Technologies Corporation Prices Public Offering of Common Stock
finance.yahoo.com - June 16 at 5:39 AM
finance.yahoo.com logoAdesto Technologies Corporation Announces Proposed Public Offering of Common Stock
finance.yahoo.com - June 14 at 7:54 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) & NetApp (NTAP) Critical Contrast
www.americanbankingnews.com - June 13 at 7:44 AM
americanbankingnews.com logo$12.95 Million in Sales Expected for Adesto Technologies Corp (IOTS) This Quarter
www.americanbankingnews.com - June 10 at 9:48 AM
americanbankingnews.com logo Brokerages Expect Adesto Technologies Corp (IOTS) to Post -$0.07 EPS
www.americanbankingnews.com - June 8 at 8:46 AM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : June 6, 2017
finance.yahoo.com - June 6 at 6:29 PM
americanbankingnews.com logoValuEngine Upgrades Adesto Technologies Corp (IOTS) to "Hold"
www.americanbankingnews.com - June 4 at 10:38 AM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 2 at 7:02 PM

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Chart

Adesto Technologies Corporation (IOTS) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff