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Adesto Technologies Stock Price, Forecast & Analysis (NASDAQ:IOTS)

$7.20
-0.01 (-0.14 %)
(As of 11/18/2019 08:29 AM ET)
Today's Range
$7.17
Now: $7.20
$7.48
50-Day Range
$7.15
MA: $8.36
$9.19
52-Week Range
$4.10
Now: $7.20
$11.97
Volume359,100 shs
Average Volume532,215 shs
Market Capitalization$217.87 million
P/E RatioN/A
Dividend YieldN/A
Beta1.22
Adesto Technologies Corporation, together with its subsidiaries, provides application-specific semiconductors and embedded systems that offer the building blocks of Internet of Things (IoT) edge devices operating on networks worldwide. The company's portfolio of semiconductor and embedded technologies are optimized for connected IoT devices and systems used in industrial, consumer, communications, and medical applications. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$83.49 million
Cash Flow$0.02 per share
Book Value$2.13 per share

Profitability

Net Income$-21,440,000.00

Miscellaneous

Employees265
Market Cap$217.87 million
Next Earnings Date2/20/2020 (Estimated)
OptionableNot Optionable

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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) issued its quarterly earnings data on Tuesday, November, 5th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.01. The technology company had revenue of $32.03 million for the quarter, compared to the consensus estimate of $32.99 million. Adesto Technologies had a negative return on equity of 13.61% and a negative net margin of 21.81%. View Adesto Technologies' Earnings History.

When is Adesto Technologies' next earnings date?

Adesto Technologies is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Adesto Technologies.

What price target have analysts set for IOTS?

5 Wall Street analysts have issued 1-year price objectives for Adesto Technologies' stock. Their forecasts range from $10.00 to $13.00. On average, they anticipate Adesto Technologies' stock price to reach $11.80 in the next twelve months. This suggests a possible upside of 63.9% from the stock's current price. View Analyst Price Targets 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 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adesto Technologies.

Has Adesto Technologies been receiving favorable news coverage?

Media coverage about IOTS stock has been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Adesto Technologies earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View News Stories for Adesto Technologies.

Are investors shorting Adesto Technologies?

Adesto Technologies saw a increase in short interest in October. As of October 15th, there was short interest totalling 3,980,000 shares, an increase of 7.9% from the September 15th total of 3,690,000 shares. Based on an average daily trading volume, of 532,700 shares, the days-to-cover ratio is currently 7.5 days. Approximately 15.8% of the company's stock are short sold. View Adesto Technologies' Current Options Chain.

Who are some of Adesto Technologies' key competitors?

What other stocks do shareholders of Adesto Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Adesto Technologies investors own include AT&T (T), Ford Motor (F), Petra Diamonds (PDL), Corbus Pharmaceuticals (CRBP), AVEO Pharmaceuticals (AVEO), Cronos Group (CRON), Advanced Micro Devices (AMD), Canopy Growth (CGC), Tandem Diabetes Care (TNDM) and STMicroelectronics (STM).

Who are Adesto Technologies' key executives?

Adesto Technologies' management team includes the folowing people:
  • Mr. Narbeh Derhacobian, Co-Founder, Pres, CEO & Director (Age 56)
  • Mr. Ronald K. Shelton, CFO & Sec. (Age 57)
  • Mr. Gideon Intrater, Chief Technology Officer (Age 58)
  • Mr. Ishai Naveh, Co-Founder & VP of Bus. Devel. (Age 61)
  • Mr. Seyed Attaran, VP of Worldwide Operations

Who are Adesto Technologies' major shareholders?

Adesto Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (1.98%), SG Americas Securities LLC (0.95%), Cadence Capital Management LLC (0.93%), FNY Investment Advisers LLC (0.28%), First Interstate Bank (0.03%) and Tower Research Capital LLC TRC (0.01%). Company insiders that own Adesto Technologies stock include David Aaron, Dermot Barry, Gideon D Intrater, Ishai Naveh, Janet Wang, Narbeh Derhacobian, Raphael Mehrbians, Ron Shelton and Thomas D Spade. View Institutional Ownership Trends for Adesto Technologies.

Which institutional investors are selling Adesto Technologies stock?

IOTS stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC. Company insiders that have sold Adesto Technologies company stock in the last year include David Aaron, Dermot Barry, Gideon D Intrater, Raphael Mehrbians, Ron Shelton and Thomas D Spade. View Insider Buying and Selling for Adesto Technologies.

Which institutional investors are buying Adesto Technologies stock?

IOTS stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, FNY Investment Advisers LLC, Russell Investments Group Ltd., First Interstate Bank and Tower Research Capital LLC TRC . View Insider Buying and Selling for Adesto Technologies.

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, Robinhood, Fidelity and Charles Schwab.

What is Adesto Technologies' stock price today?

One share of IOTS stock can currently be purchased for approximately $7.20.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $217.87 million and generates $83.49 million in revenue each year. The technology company earns $-21,440,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis. Adesto Technologies employs 265 workers across the globe.View Additional Information About Adesto Technologies.

What is Adesto Technologies' official website?

The official website for Adesto Technologies is http://www.adestotech.com/.

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:  2.3 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  564
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 11/18/2019 by MarketBeat.com Staff

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