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

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

Adesto Technologies Corp (NASDAQ:IOTS) issued its quarterly earnings data on Tuesday, August, 6th. The technology company reported ($0.08) EPS for the quarter, hitting analysts' consensus estimates of ($0.08). The technology company had revenue of $30.16 million for the quarter, compared to analysts' expectations of $30.02 million. Adesto Technologies had a negative net margin of 24.61% and a negative return on equity of 15.80%. View Adesto Technologies' Earnings History.

Adesto Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Adesto Technologies.

Adesto Technologies will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Adesto Technologies issued an update on its third quarter 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $31.5-34.5 million, compared to the consensus revenue estimate of $32.26 million.

4 equities research analysts have issued twelve-month price objectives for Adesto Technologies' shares. Their forecasts range from $10.00 to $13.00. On average, they expect Adesto Technologies' stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price. View Analyst Price Targets for Adesto Technologies.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adesto Technologies in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adesto Technologies.

News headlines about IOTS stock have been trending somewhat positive this week, InfoTrie reports. The research group scores the sentiment of news 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 positive five, with scores nearest to five being the most favorable. Adesto Technologies earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Adesto Technologies.

Adesto Technologies saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 3,690,000 shares, an increase of 218.1% from the August 30th total of 1,160,000 shares. Based on an average daily volume of 510,700 shares, the days-to-cover ratio is presently 7.2 days. Currently, 14.6% of the company's shares are sold short. View Adesto Technologies' Current Options Chain.

Some companies that are related to Adesto Technologies include ChipMOS Technologies (IMOS), Photronics (PLAB), JinkoSolar (JKS), Smart Global (SGH), Ultra Clean (UCTT), CEVA (CEVA), Ichor (ICHR), Nlight (LASR), Aquantia (AQ), Daqo New Energy (DQ), Magnachip Semiconductor (MX), Himax Technologies (HIMX), DSP Group (DSPG), NVE (NVEC) and Alpha and Omega Semiconductor (AOSL).

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

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.

One share of IOTS stock can currently be purchased for approximately $7.95.

Adesto Technologies has a market capitalization of $239.06 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.

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

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]