Adesto Technologies Corporation, together with its subsidiaries, provides application-specific semiconductors for the Internet of Things (IoT) era. Its portfolio of semiconductor and embedded technologies are optimized for connected IoT devices used in industrial, consumer, communications, and medical applications. The company manufactures its products using industry-standard floating gate technology and conductive bridging random access memory technology platforms. Its products include DataFlash for data-logging applications, such as industrial automation, home automation sensing, and health and fitness tracking; Fusion Serial Flash for use in various high-volume consumer applications comprising wearables, mobile, and other applications; EcoXip that enables improved processor performance and reduced system power consumption; and Standard Serial Flash to store boot or program code with a low pin count industry standard serial interface. The company's products also comprise Mavriq for IoT 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 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:IOTS
Previous Symbol
CUSIPN/A
Phone408-400-0578
Debt
Debt-to-Equity Ratio0.43
Current Ratio1.44
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio-19.83
Forward P/E Ratio-15.87
P/E GrowthN/A
Sales & Book Value
Annual Sales$56.11 million
Price / Sales2.50
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.56 per share
Price / Book3.05
Profitability
EPS (Most Recent Fiscal Year)($0.24)
Net Income$-5,680,000.00
Net Margins-20.57%
Return on Equity-12.32%
Return on Assets-5.44%
Miscellaneous
Employees102
Outstanding Shares29,430,000
Market Cap$140.11 million
OptionableNot Optionable
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, November, 7th. The technology company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The technology company had revenue of $21.93 million for the quarter, compared to analyst estimates of $20.11 million. Adesto Technologies had a negative net margin of 20.57% and a negative return on equity of 12.32%. View Adesto Technologies' Earnings History.
When is Adesto Technologies' next earnings date?
What guidance has Adesto Technologies issued on next quarter's earnings?
Adesto Technologies issued an update on its fourth quarter 2018 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of $0.27-0.30 for the period.
What price target have analysts set for IOTS?
6 Wall Street analysts have issued 1 year target prices for Adesto Technologies' shares. Their predictions range from $8.00 to $12.00. On average, they expect Adesto Technologies' share price to reach $10.00 in the next year. This suggests a possible upside of 110.1% from the stock's current price. View Analyst Price Targets for Adesto Technologies.
What is the consensus analysts' recommendation for Adesto Technologies?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adesto Technologies in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adesto Technologies.
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. " (11/10/2018)
- 2. Needham & Company LLC analysts commented, "We are adjusting our 4Q18 estimates and 2019 estimates to include the associated OPEX related to Echelon and the potential $6-$8 cost savings, which we assume occurs in the OPEX line. For 4Q18, we increase our OPEX by $4.4MM to $13.1MM to reflect a full quarter of operations of Echelon. For 2019, our OPEX increases to $47.8MM from $31.9MM to reflect a full year of of savings. Our $12 PT remains 2.4x EV/sales (2019)." (8/8/2018)
Has Adesto Technologies been receiving favorable news coverage?
Media coverage about IOTS stock has been trending somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news 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 1.0 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are some of Adesto Technologies' key competitors?
Some companies that are related to Adesto Technologies include Quantenna Communications (QTNA), CEVA (CEVA), NVE (NVEC), Ichor (ICHR), Applied Optoelectronics (AAOI), JinkoSolar (JKS), Ultra Clean (UCTT), NeoPhotonics (NPTN), Aquantia (AQ), Daqo New Energy (DQ), DSP Group (DSPG), Alpha and Omega Semiconductor (AOSL), Magnachip Semiconductor (MX), AXT (AXTI) and Pixelworks (PXLW).
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. David A. Aaron, VP & Gen. Counsel (Age 51)
Who are Adesto Technologies' major shareholders?
Adesto Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include AWM Investment Company Inc. (9.56%), BlackRock Inc. (4.84%), Vanguard Group Inc (4.05%), Vanguard Group Inc. (4.05%), Unterberg Capital LLC (2.22%) and Senvest Management LLC (2.14%). Company insiders that own Adesto Technologies stock include Gideon D Intrater, Ishai Naveh, Janet Wang, Narbeh Derhacobian, Raphael Mehrbians, Shane Hollmer and Thomas D Spade. View Institutional Ownership Trends for Adesto Technologies.
Which major investors are selling Adesto Technologies stock?
Which major investors are buying Adesto Technologies stock?
IOTS stock was purchased by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Senvest Management LLC, BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., Royce & Associates LP, Quantum Capital Management and Pentwater Capital Management LP. 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, Scottrade, Fidelity and Charles Schwab.
What is Adesto Technologies' stock price today?
One share of IOTS stock can currently be purchased for approximately $4.76.
How big of a company is Adesto Technologies?
Adesto Technologies has a market capitalization of $140.11 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.
What is Adesto Technologies' official website?
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)
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.
