Adesto Technologies Corporation Company Profile (NASDAQ:IOTS)

About Adesto Technologies Corporation

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: Data Storage Devices
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: IOTS
  • CUSIP:
Key Metrics:
  • Previous Close: $4.40
  • 50 Day Moving Average: $3.23
  • 200 Day Moving Average: $2.47
  • 52-Week Range: $15,349,000.00 - $1.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -33.85
  • P/E Growth: -0.92
  • Market Cap: $67.54M
  • Outstanding Shares: 15,349,000
  • Beta: 2.33
Profitability:
  • Net Margins: -30.26%
  • Return on Equity: -53.89%
  • Return on Assets: -24.19%
Debt:
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 2.06%
  • Quick Ratio: 1.61%
Additional Links:
Companies Related to Adesto Technologies Corporation:

Analyst Ratings

Consensus Ratings for Adesto Technologies Corporation (NASDAQ:IOTS) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $6.88 (56.25% upside)

Analysts' Ratings History for Adesto Technologies Corporation (NASDAQ:IOTS)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Needham & Company LLCBoost Price TargetPositive$4.00 -> $6.50View Rating Details
12/6/2016Benchmark Co.Reiterated RatingBuyView Rating Details
9/1/2016Roth CapitalInitiated CoverageBuy$4.00View Rating Details
6/15/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
2/19/2016Sanford C. BernsteinInitiated CoverageBuy$9.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Adesto Technologies Corporation (NASDAQ:IOTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/14/2017Q4 2016($0.13)($0.04)$12.20 million$12.30 millionViewListenView Earnings Details
10/27/2016Q316($0.18)($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($0.07)ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Adesto Technologies Corporation (NASDAQ:IOTS)
Current Year EPS Consensus Estimate: $-0.32 EPS
Next Year EPS Consensus Estimate: $-0.13 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.21)($0.12)($0.17)
Q2 20163($0.19)($0.11)($0.14)
Q3 20162($0.20)($0.18)($0.19)
Q4 20162($0.15)($0.14)($0.15)
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 History for Adesto Technologies Corporation (NASDAQ:IOTS)
Insider Ownership Percentage: 19.50%
Institutional Ownership Percentage: 20.16%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Adesto Technologies Corporation (NASDAQ:IOTS)
DateHeadline
capitalcube.com logoAdesto Technologies Corp. :IOTS-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NASDAQ:IOTS)
www.capitalcube.com - February 16 at 4:49 PM
News IconAdesto Technologies Corporation (NASDAQ:IOTS) To Release Earnings (NASDAQ:IOTS)
prensariotiretail.com - February 16 at 8:17 AM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 14-Feb-17 10:00pm GMT (NASDAQ:IOTS)
finance.yahoo.com - February 15 at 8:56 PM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Princ (NASDAQ:IOTS)
biz.yahoo.com - February 15 at 8:56 PM
biz.yahoo.com logoQ4 2016 Adesto Technologies Corp Earnings Release - After Market Close (NASDAQ:IOTS)
us.rd.yahoo.com - February 15 at 12:22 AM
us.rd.yahoo.com logo4:10 pm Adesto Technologies beats by $0.09, beats on revs; guides Q1 revs below consensus (NASDAQ:IOTS)
us.rd.yahoo.com - February 15 at 12:22 AM
4-traders.com logoAdesto Technologies : Tech reports 4Q loss (NASDAQ:IOTS)
www.4-traders.com - February 14 at 7:21 PM
tmcnet.com logoAdesto Technologies Announces Fourth Quarter and Full Year 2016 Financial Results (NASDAQ:IOTS)
it.tmcnet.com - February 14 at 7:21 PM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Tops Q4 EPS by 9c (NASDAQ:IOTS)
www.streetinsider.com - February 14 at 7:21 PM
sg.finance.yahoo.com logoAdesto Tech reports 4Q loss (NASDAQ:IOTS)
sg.finance.yahoo.com - February 14 at 7:21 PM
finance.yahoo.com logoAdesto Technologies to Announce Fourth Quarter and Fiscal 2016 Financial Results on February 14 (NASDAQ:IOTS)
finance.yahoo.com - February 1 at 5:21 AM
News IconLooking at the Gauges on Adesto Technologies Corporation (IOTS) - Sherwood Daily (NASDAQ:IOTS)
sherwooddaily.com - January 27 at 10:02 PM
News IconTrading Indicator Check on Adesto Technologies Corporation (IOTS) - Sherwood Daily (NASDAQ:IOTS)
sherwooddaily.com - January 26 at 7:40 PM
News IconTrump Sworn In as S&P Declined, How Did this Stock Perform This Week: Adesto Technologies Corporation (NASDAQ ... - Aiken Advocate (NASDAQ:IOTS)
aikenadvocate.com - January 22 at 5:47 PM
News IconTraders are Keeping Track of Technicals on Shares of Adesto Technologies Corporation (IOTS) - Sherwood Daily (NASDAQ:IOTS)
sherwooddaily.com - January 22 at 5:47 PM
News IconTechnical Trading: Focus on Shares of Adesto Technologies Corporation (IOTS) - Rives Journal (NASDAQ:IOTS)
rivesjournal.com - January 20 at 4:05 PM
News IconAmplified Volatility Spotted in Shares of Adesto Technologies Corporation (NASDAQ:IOTS) - Wall Street Beacon (NASDAQ:IOTS)
wsbeacon.com - January 20 at 4:05 PM
smarteranalyst.com logoNeedham Top Analyst Shines Light on Adesto Technologies Corp (IOTS) Following Presentation at the Needham Growth Conference (NASDAQ:IOTS)
www.smarteranalyst.com - January 12 at 6:27 PM
News IconAdesto Technologies (NASDAQ: $IOTS) to Present at the #Needham Growth Conference on January 12 (NASDAQ:IOTS)
www.investorideas.com - January 6 at 12:39 AM
finance.yahoo.com logoAdesto Technologies to Present at the Needham Growth Conference on January 12 (NASDAQ:IOTS)
finance.yahoo.com - January 4 at 4:44 PM
News IconAdesto Technologies Corp. (IOTS) Receives Average Rating of "Buy" from Brokerages (NASDAQ:IOTS)
alltheinternetofthings.com - December 18 at 6:03 PM
capitalcube.com logoETFs with exposure to Adesto Technologies Corp. : December 16, 2016 (NASDAQ:IOTS)
www.capitalcube.com - December 16 at 6:34 PM
finance.yahoo.com logoAdesto Introduces Ultra Low Power EEPROM Memory Family Designed for Better IoT Security (NASDAQ:IOTS)
finance.yahoo.com - December 7 at 6:06 PM
blogs.barrons.com logoQuickLogic, Three Other Micro-Caps Top Benchmark Chip List (NASDAQ:IOTS)
blogs.barrons.com - December 6 at 6:10 AM
finance.yahoo.com logoADESTO TECHNOLOGIES CORP Financials (NASDAQ:IOTS)
finance.yahoo.com - November 23 at 5:43 PM
4-traders.com logoAdesto Technologies : to Participate at the Benchmark Micro Cap Discovery Conference (NASDAQ:IOTS)
www.4-traders.com - November 19 at 5:45 PM
finance.yahoo.com logoAdesto Technologies to Participate at the Benchmark Micro Cap Discovery Conference (NASDAQ:IOTS)
finance.yahoo.com - November 17 at 5:16 PM
News IconVP, Worldwide Sales of Adesto Technologies Corporation (NASDAQ:IOTS), Spade Thomas D, sells 9,654 shares worth $16,746 (NASDAQ:IOTS)
empowerednews.net - November 11 at 5:17 PM
News IconVP, Worldwide Sales of Adesto Technologies Corporation (NASDAQ:IOTS), Spade Thomas D, sells 9,654 shares worth $16,746 (NASDAQ:IOTS)
empowerednews.net - November 11 at 5:17 PM
capitalcube.com logoETF’s with exposure to Adesto Technologies Corp. : November 7, 2016 (NASDAQ:IOTS)
www.capitalcube.com - November 7 at 6:00 PM
publicnow.com logoAdesto Technologies to Participate at the ROTH Technology Corporate Access Day on November 16 (NASDAQ:IOTS)
www.publicnow.com - November 2 at 5:55 PM
capitalcube.com logoAdesto Technologies Corp. :IOTS-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NASDAQ:IOTS)
www.capitalcube.com - October 31 at 5:46 PM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Misses Q3 EPS by 1c (NASDAQ:IOTS)
www.streetinsider.com - October 29 at 5:26 PM
4-traders.com logoAdesto Technologies : Tech reports 3Q loss (NASDAQ:IOTS)
www.4-traders.com - October 29 at 8:37 AM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 27-Oct-16 9:00pm GMT (NASDAQ:IOTS)
finance.yahoo.com - October 29 at 8:37 AM
sg.finance.yahoo.com logoAdesto Tech reports 3Q loss (NASDAQ:IOTS)
sg.finance.yahoo.com - October 28 at 9:04 AM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:IOTS)
biz.yahoo.com - October 27 at 5:42 PM
publicnow.com logoAdesto Technologies Announces Third Quarter Financial Results (NASDAQ:IOTS)
www.publicnow.com - October 27 at 5:42 PM
biz.yahoo.com logoAdesto Technologies Corp Earnings Call scheduled for 5:00 pm ET today (NASDAQ:IOTS)
biz.yahoo.com - October 27 at 5:42 PM
biz.yahoo.com logoQ3 2016 Adesto Technologies Corp Earnings Release - After Market Close (NASDAQ:IOTS)
biz.yahoo.com - October 27 at 10:28 AM
capitalcube.com logoETF’s with exposure to Adesto Technologies Corp. : October 26, 2016 (NASDAQ:IOTS)
www.capitalcube.com - October 26 at 5:44 PM
publicnow.com logoAdesto Technologies to Announce Third Quarter 2016 Financial Results on October 27 (NASDAQ:IOTS)
www.publicnow.com - October 19 at 6:00 PM
capitalcube.com logoETF’s with exposure to Adesto Technologies Corp. : October 5, 2016 (NASDAQ:IOTS)
www.capitalcube.com - October 5 at 10:53 AM
publicnow.com logoAdesto Introduces EcoXiP™: the Ultimate Memory Solution for Intelligent IoT Devices (NASDAQ:IOTS)
www.publicnow.com - September 27 at 10:17 AM
capitalcube.com logoETF’s with exposure to Adesto Technologies Corp. : September 14, 2016 (NASDAQ:IOTS)
www.capitalcube.com - September 14 at 5:46 PM
finance.yahoo.com logoAdesto Technologies to Present at the Drexel Hamilton TMT Conference on September 7 (NASDAQ:IOTS)
finance.yahoo.com - September 1 at 5:35 PM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:IOTS)
biz.yahoo.com - August 15 at 3:46 PM
capitalcube.com logoAdesto Technologies Corp. :IOTS-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:IOTS)
www.capitalcube.com - August 11 at 5:56 PM
seekingalpha.com logoAdesto Technologies' (IOTS) CEO Narbeh Derhacobian on Q2 2016 Results - Earnings Call Transcript (NASDAQ:IOTS)
seekingalpha.com - August 11 at 8:44 AM
streetinsider.com logoAdesto Technologies Corp. (IOTS) Reports Q2 Loss of $0.21 (NASDAQ:IOTS)
www.streetinsider.com - August 9 at 5:52 PM

Social

What is Adesto Technologies Corporation's stock symbol?

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

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

5 brokers have issued twelve-month target prices for Adesto Technologies Corporation's shares. Their forecasts range from $4.00 to $9.00. On average, they anticipate Adesto Technologies Corporation's share price to reach $6.88 in the next year.

When will Adesto Technologies Corporation announce their earnings?

Adesto Technologies Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

What are analysts saying about Adesto Technologies Corporation stock?

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

  • 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)
  • 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. " (10/12/2016)

Who owns Adesto Technologies Corporation stock?

Adesto Technologies Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Harris & Harris Group, Inc (11.40%) and Federated Investors Inc. PA (3.86%). Company insiders that own Adesto Technologies Corporation stock include Applied Materials Inc /De, Harris & Harris Group Inc /Ny/, Narbeh Derhacobian, Ron Shelton and Venture Fund Vi Lp Arch.

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.

How much does a share of Adesto Technologies Corporation stock cost?

One share of Adesto Technologies Corporation stock can currently be purchased for approximately $4.40.

Adesto Technologies Corporation (NASDAQ:IOTS) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)

Earnings History Chart

Earnings by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)

Dividend History Chart

Dividend Payments by Quarter for Adesto Technologies Corporation (NASDAQ:IOTS)

Last Updated on 2/19/2017 by MarketBeat.com Staff