NASDAQ:IOTS - Adesto Technologies Stock Price, Price Target & More

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$5.70 -0.30 (-5.00 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$5.70
Today's Range$5.65 - $6.0250
52-Week Range$4.25 - $10.80
Volume1.20 million shs
Average Volume864,026 shs
Market Capitalization$122.29 million
P/E RatioN/A
Dividend YieldN/A
Beta1.29
Adesto Technologies logoAdesto Technologies Corporation, together with its subsidiaries, provides application-specific and ultra-low power non-volatile memory products. The company offers standard serial flash products, including DataFlash for data-logging applications, such as industrial automation, home automation sensing, and health and fitness tracking; Fusion Flash for use in various high-volume consumer applications comprising wearables, mobile, and other applications; and EcoXip that enables enhanced processor performance and reduced system power consumption. It also provides conductive bridging random access memory based products, which include Mavriq for Internet of Things and other applications, which include camera sensors, Bluetooth low energy devices, wearables, gaming components, printer cartridges, medical equipment, and other devices; and Moneta for retail beacons, wearable medical and fitness devices, industrial and environmental sensors, agricultural monitors, and other low energy/long battery life, or energy harvesting system applications. The company sells its products directly through a network of representatives and distributors to original equipment manufacturers and original design manufacturers in the United States, Rest of Americas, Europe, the Asia Pacific, and internationally. Adesto Technologies Corporation was incorporated in 2006 and is headquartered in Santa Clara, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:IOTS
CUSIPN/A
Phone408-400-0578

Debt

Debt-to-Equity Ratio0.30
Current Ratio2.39
Quick Ratio2.03

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$56.11 million
Price / Sales2.18
Cash FlowN/A
Price / CashN/A
Book Value$1.56 per share
Price / Book3.65

Profitability

EPS (Most Recent Fiscal Year)($0.24)
Net Income$-5,680,000.00
Net Margins-6.68%
Return on Equity-2.28%
Return on Assets-1.21%

Miscellaneous

Employees102
Outstanding Shares21,450,000
Market Cap$122.29

Adesto Technologies (NASDAQ:IOTS) Frequently Asked Questions

What is Adesto Technologies' stock symbol?

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

How were Adesto Technologies' earnings last quarter?

Adesto Technologies Corp (NASDAQ:IOTS) released its quarterly earnings data on Wednesday, May, 9th. The technology company reported ($0.02) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.01. The technology company had revenue of $15.30 million for the quarter, compared to analyst estimates of $14.91 million. Adesto Technologies had a negative return on equity of 2.28% and a negative net margin of 6.68%. View Adesto Technologies' Earnings History.

When is Adesto Technologies' next earnings date?

Adesto Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Adesto Technologies.

What price target have analysts set for IOTS?

5 Wall Street analysts have issued 12-month price objectives for Adesto Technologies' stock. Their predictions range from $9.00 to $12.00. On average, they expect Adesto Technologies' share price to reach $10.50 in the next year. This suggests a possible upside of 84.2% from the stock's current price. View Analyst Ratings for Adesto Technologies.

What is the consensus analysts' recommendation for Adesto Technologies?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adesto Technologies in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Adesto Technologies stock?

Here are some recent quotes from research analysts about Adesto Technologies 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. " (7/18/2018)
  • 2. Needham & Company LLC analysts commented, "Last week we hosted an investor call will Narbeh Derhacobian, CEO, and Ron Shelton, CFO, of Adesto Technologies. Adesto’s Design wins are accelerating with 80 wins in 2Q17 ($8M annual run rate potential) and expects win dollar amount to increase 70% Y/Y (2H16 vs. 2H17). We believe that Adesto is targeting a $1B TAM for connected IoT devices (10B units today growing to 25B by 2020) and is seeing both expanding addressable markets with the introduction of new products as well as design win momentum. We believe that Adesto can grow its business to $100M run rate as 1) existing products are expected to grow at ~30% CAGR Y/Y and 2) new products (Mavriq and EcoXip) address 1B+ units markets each with ASPs of $0.10-$0.15 and $0.30-$0.40 respectively." (9/25/2017)

Who are some of Adesto Technologies' key competitors?

Who are Adesto Technologies' key executives?

Adesto Technologies' management team includes the folowing people:
  • Mr. Narbeh Derhacobian, Co-Founder, Pres, CEO & Director (Age 55)
  • Mr. Ronald K. Shelton, CFO & Sec. (Age 56)
  • Mr. Gideon Intrater, Chief Technology Officer (Age 57)
  • Mr. Ishai Naveh, Co-Founder & VP of Bus. Devel. (Age 60)
  • Mr. Thomas D. Spade, VP of Worldwide Sales (Age 52)

Has Adesto Technologies been receiving favorable news coverage?

Media headlines about IOTS stock have trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Adesto Technologies earned a news sentiment score of 0.07 on Accern's scale. They also gave press coverage about the technology company an impact score of 45.93 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

How do I buy shares of Adesto Technologies?

Shares of IOTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Adesto Technologies' stock price today?

One share of IOTS stock can currently be purchased for approximately $5.70.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $122.29 million and generates $56.11 million in revenue each year. The technology company earns $-5,680,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis. Adesto Technologies employs 102 workers across the globe.

How can I contact Adesto Technologies?

Adesto Technologies' mailing address is 3600 PETERSON WAY, SANTA CLARA CA, 95054. The technology company can be reached via phone at 408-400-0578 or via email at [email protected]


MarketBeat Community Rating for Adesto Technologies (NASDAQ IOTS)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  368
MarketBeat's community ratings are surveys of what our community members think about Adesto Technologies and other stocks. Vote "Outperform" if you believe IOTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IOTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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