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NASDAQ:IOTS - Adesto Technologies Stock Price, Forecast & News

$7.13
+0.22 (+3.18 %)
(As of 12/6/2019 06:26 AM ET)
Today's Range
$6.96
Now: $7.13
$7.24
50-Day Range
$6.88
MA: $7.87
$9.19
52-Week Range
$4.10
Now: $7.13
$11.97
Volume183,644 shs
Average Volume305,766 shs
Market Capitalization$215.75 million
P/E RatioN/A
Dividend YieldN/A
Beta1.1
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$215.75 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) announced its quarterly earnings results on Tuesday, November, 5th. The technology company reported ($0.02) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.03) by $0.01. The technology company earned $32.03 million during the quarter, compared to analyst estimates 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 twelve-month target prices for Adesto Technologies' stock. Their forecasts range from $10.00 to $13.00. On average, they anticipate Adesto Technologies' share price to reach $11.80 in the next year. This suggests a possible upside of 65.5% 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?

Press coverage about IOTS stock has trended very negative this week, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Adesto Technologies earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the near term. View News Stories for Adesto Technologies.

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), Corbus Pharmaceuticals (CRBP), Ford Motor (F), Petra Diamonds (PDL), AVEO Pharmaceuticals (AVEO), Cronos Group (CRON), Advanced Micro Devices (AMD), Canopy Growth (CGC), ArQule (ARQL) and Tandem Diabetes Care (TNDM).

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 number of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (1.98%), Millennium Management LLC (1.86%), Granahan Investment Management Inc. MA (1.59%), State Street Corp (1.40%), SG Americas Securities LLC (0.95%) and Cadence Capital Management LLC (0.93%). Company insiders that own Adesto Technologies stock include David Aaron, Dermot Barry, Gideon D Intrater, Janet Wang, Narbeh Derhacobian, Raphael Mehrbians, Ron Shelton and Thomas D Spade. View Institutional Ownership Trends for Adesto Technologies.

Which major 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 major investors are buying Adesto Technologies stock?

IOTS stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, SG Americas Securities LLC, Squarepoint Ops LLC, FNY Investment Advisers LLC, Granahan Investment Management Inc. MA, State Street Corp, Virtu Financial LLC and Russell Investments Group Ltd.. 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 $7.13.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $215.75 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:  262 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  572
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 12/6/2019 by MarketBeat.com Staff

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