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

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$6.29 +0.10 (+1.62 %)
(As of 04/21/2019 04:00 PM ET)
Previous Close$6.29
Today's Range$6.15 - $6.29
52-Week Range$3.51 - $10.80
Volume75,882 shs
Average Volume92,048 shs
Market Capitalization$185.11 million
P/E RatioN/A
Dividend YieldN/A
Beta1.85
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's 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 industrial and consumer applications comprising wearables, IoT edge products and radio frequency (RF) modules; EcoXip that enables improved processor performance and reduced system power consumption; Moneta; MavriqCM, an application specific Non-Volatile Memory device for mobile camera modules; and Standard Serial Flash to store boot or program code with a low pin count industry standard serial interface. It also offers embedded system solutions, such as chips, systems on chips (SoCs), protocol stacks, routers and network interfaces, net server and commissioning tools, central management systems; and analog, mixed-signal, and RF application specific integrated circuits, as well as IP blocks. 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.

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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$0.0169 per share
Book Value$2.13 per share

Profitability

Net Income$-21,440,000.00

Miscellaneous

Employees265
Market Cap$185.11 million
Next Earnings Date5/8/2019 (Estimated)
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) announced its quarterly earnings results on Thursday, February, 21st. The technology company reported ($0.04) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.04. The technology company had revenue of $28.08 million for the quarter, compared to analyst estimates of $28.51 million. Adesto Technologies had a negative net margin of 25.68% and a negative return on equity of 15.42%. 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, May 8th 2019. View Earnings Estimates for Adesto Technologies.

What guidance has Adesto Technologies issued on next quarter's earnings?

Adesto Technologies updated its first quarter 2019 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $26-28 million, compared to the consensus revenue estimate of $27.41 million.

What price target have analysts set for IOTS?

6 Wall Street analysts have issued 12 month price targets for Adesto Technologies' stock. Their predictions range from $8.00 to $11.00. On average, they anticipate Adesto Technologies' stock price to reach $9.4167 in the next twelve months. This suggests a possible upside of 49.7% 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. " (4/11/2019)
  • 2. Needham & Company LLC analysts commented, "We came away impressed with Adesto’s inaugural New York. We believe the company is undergoing a significant transformation, migrating from a pure-play application-specific memory company to becoming a full stack IoT solution provider (cloud, gateway, edge). With its two recent acquisitions, Adesto now has a portfolio of edge gateways and software stacks, transceivers, controllers, mixed-signal ASICs and application specific non-volatile memory to address the fastest growing verticals with IoT: industrial, consumer, communication and medical. The long-term target of 20% revenue CAGR and 50-55% gross margin represent significant earnings over the next 3-4 years. $10 price target." (3/13/2019)

Has Adesto Technologies been receiving favorable news coverage?

Headlines about IOTS stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Adesto Technologies earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

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), Petra Diamonds (PDL), Advanced Micro Devices (AMD), Ford Motor (F), Corbus Pharmaceuticals (CRBP), Micron Technology (MU), Cronos Group (CRON), AVEO Pharmaceuticals (AVEO), Energous (WATT) 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. David A. Aaron, VP & Gen. Counsel (Age 52)

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 $6.29.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $185.11 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  474
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 4/21/2019 by MarketBeat.com Staff

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