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About Adesto Technologies (NASDAQ:IOTS)
Adesto Technologies Corporation, together with its subsidiaries, provides application-specific and ultra-low power non-volatile memory products. The company offers standard serial flash products, including DataFlash for data-logging applications, such as industrial automation, home automation sensing, and health and fitness tracking; Fusion Flash for use in various high-volume consumer applications comprising wearables, mobile, and other applications; and EcoXip that enables enhanced processor performance and reduced system power consumption. It also provides conductive bridging random access memory based products, which include Mavriq for Internet of Things 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 directly 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
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:IOTS
CUSIPN/A
Phone408-400-0578
Debt
Debt-to-Equity Ratio0.30
Current Ratio2.39
Quick Ratio2.03
Price-To-Earnings
Trailing P/E Ratio-35.42
Forward P/E Ratio-283.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$56.11 million
Price / Sales3.25
Cash FlowN/A
Price / CashN/A
Book Value$1.52 per share
Price / Book5.59
Profitability
EPS (Most Recent Fiscal Year)($0.24)
Net Income$-5,680,000.00
Net Margins-6.68%
Return on Equity-2.28%
Return on Assets-1.21%
Miscellaneous
Employees102
Outstanding Shares21,450,000
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 (NASDAQ:IOTS) issued its quarterly earnings data on Wednesday, May, 9th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.01. The technology company earned $15.30 million during the quarter, compared to the consensus estimate of $14.91 million. Adesto Technologies had a negative return on equity of 2.28% and a negative net margin of 6.68%. View Adesto Technologies' Earnings History.
When is Adesto Technologies' next earnings date?
What price target have analysts set for IOTS?
4 equities research analysts have issued 1-year price targets for Adesto Technologies' stock. Their forecasts range from $7.00 to $12.00. On average, they anticipate Adesto Technologies' share price to reach $9.8750 in the next twelve months. 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. " (1/10/2018)
- 2. Needham & Company LLC analysts commented, "Last week we hosted an investor call will Narbeh Derhacobian, CEO, and Ron Shelton, CFO, of Adesto Technologies. Adesto’s Design wins are accelerating with 80 wins in 2Q17 ($8M annual run rate potential) and expects win dollar amount to increase 70% Y/Y (2H16 vs. 2H17). We believe that Adesto is targeting a $1B TAM for connected IoT devices (10B units today growing to 25B by 2020) and is seeing both expanding addressable markets with the introduction of new products as well as design win momentum. We believe that Adesto can grow its business to $100M run rate as 1) existing products are expected to grow at ~30% CAGR Y/Y and 2) new products (Mavriq and EcoXip) address 1B+ units markets each with ASPs of $0.10-$0.15 and $0.30-$0.40 respectively." (9/25/2017)
Who are some of Adesto Technologies' key competitors?
Some companies that are related to Adesto Technologies include Lattice Semiconductor (LSCC), Daqo New Energy (DQ), Applied Optoelectronics (AAOI), Ultra Clean (UCTT), Hanwha Q CELLS (HQCL), Ichor (ICHR), ChipMOS TECHNOLOGIES (IMOS), Photronics (PLAB), Quantenna Communications (QTNA), Enphase Energy (ENPH), NVE (NVEC), Aquantia (AQ), Magnachip (MX), Alpha and Omega Semiconductor (AOSL) and JA Solar (JASO).
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. Shane Hollmer, Co-Founder & VP of Engineering (Age 50)
- Mr. Ishai Naveh, Co-Founder & VP of Bus. Devel. (Age 60)
Has Adesto Technologies been receiving favorable news coverage?
Headlines about IOTS stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Adesto Technologies earned a media sentiment score of 0.12 on Accern's scale. They also gave media headlines about the technology company an impact score of 46.23 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Adesto Technologies' major shareholders?
Adesto Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include 180 DEGREE CAPITAL CORP. Total Shares: 1,242,938 (5.80%), Nokomis Capital L.L.C. (4.42%), Unterberg Capital LLC (3.04%), Russell Investments Group Ltd. (1.63%), Timpani Capital Management LLC (0.92%) and Millennium Management LLC (0.62%). Company insiders that own Adesto Technologies stock include Applied Materials Inc /De, Gideon D Intrater, Ishai Naveh, Janet Wang, Narbeh Derhacobian, Raphael Mehrbians, Ron Shelton, Shane Hollmer 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 Millennium Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Adesto Technologies company stock in the last year include Gideon D Intrater, Ishai Naveh, Janet Wang, Raphael Mehrbians, Shane Hollmer 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 Unterberg Capital LLC, Nokomis Capital L.L.C., Algert Global LLC, Timpani Capital Management LLC, Spark Investment Management LLC, JPMorgan Chase & Co. and Element Capital Management LLC. Company insiders that have bought Adesto Technologies stock in the last two years include Narbeh Derhacobian and Ron Shelton. 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 $8.50.
How big of a company is Adesto Technologies?
Adesto Technologies has a market capitalization of $187.73 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.
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 (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.
Adesto Technologies (NASDAQ:IOTS) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Adesto Technologies in the last 12 months. Their average twelve-month price target is $9.8750, suggesting that the stock has a possible upside of 16.18%. The high price target for IOTS is $12.00 and the low price target for IOTS is $7.00. There are currently 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $9.8750 | $9.3750 | $8.50 | $8.50 |
| Price Target Upside: | 16.18% upside | 35.87% upside | 26.87% upside | 0.59% upside |
Adesto Technologies (NASDAQ:IOTS) Consensus Price Target History
Adesto Technologies (NASDAQ:IOTS) Analyst Ratings History
Show:
(Data available from 5/23/2016 forward)
Adesto Technologies (NASDAQ:IOTS) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Adesto Technologies (NASDAQ IOTS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 18.40%
Institutional Ownership Percentage: 44.62%
Adesto Technologies (NASDAQ IOTS) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/28/2018 | Janet Wang | VP | Sell | 8,333 | $6.50 | $54,164.50 | |  |
| 11/30/2017 | Ishai Naveh | VP | Sell | 11,413 | $8.11 | $92,559.43 | 115,393 | |
| 11/28/2017 | Ishai Naveh | VP | Sell | 10,000 | $8.45 | $84,500.00 | | |
| 11/22/2017 | Ishai Naveh | VP | Sell | 10,000 | $8.21 | $82,100.00 | 524,500 | |
| 11/21/2017 | Gideon D Intrater | Insider | Sell | 3,572 | $8.09 | $28,897.48 | 75,708 | |
| 11/20/2017 | Ishai Naveh | VP | Sell | 10,000 | $7.83 | $78,300.00 | 156,806 | |
| 11/16/2017 | Raphael Mehrbians | VP | Sell | 7,109 | $7.83 | $55,663.47 | 13,850 | |
| 11/13/2017 | Thomas D. Spade | VP | Sell | 10,000 | $8.33 | $83,300.00 | | |
| 11/1/2017 | Shane Hollmer | VP | Sell | 3,912 | $7.70 | $30,122.40 | 118,677 | |
| 8/17/2017 | Gideon D Intrater | Insider | Sell | 2,500 | $6.50 | $16,250.00 | 81,465 | |
| 8/17/2017 | Ishai Naveh | VP | Sell | 21,706 | $6.32 | $137,181.92 | | |
| 5/25/2017 | Janet Wang | VP | Sell | 2,600 | $5.10 | $13,260.00 | 78,678 | |
| 5/22/2017 | Ishai Naveh | VP | Sell | 4,000 | $5.27 | $21,080.00 | | |
| 5/19/2017 | Gideon D Intrater | Insider | Sell | 2,180 | $5.30 | $11,554.00 | 84,733 | |
| 2/17/2017 | Thomas D. Spade | VP | Sell | 4,064 | $4.32 | $17,556.48 | | |
| 11/21/2016 | Narbeh Derhacobian | Insider | Buy | 10,000 | $1.76 | $17,600.00 | 436,861 | |
| 11/15/2016 | Ron Shelton | CFO | Buy | 10,000 | $2.04 | $20,400.00 | 127,006 | |
| 11/10/2016 | Narbeh Derhacobian | Insider | Buy | 7,200 | $2.05 | $14,760.00 | 426,861 | |
| 11/8/2016 | Narbeh Derhacobian | Insider | Buy | 17,800 | $1.91 | $33,998.00 | | |
| 11/8/2016 | Ron Shelton | CFO | Buy | 15,000 | $1.90 | $28,500.00 | | |
| 8/26/2016 | Applied Materials Inc /De | Major Shareholder | Sell | 5,000 | $2.41 | $12,050.00 | | |
| 5/10/2016 | Ron Shelton | CFO | Buy | 25,000 | $3.54 | $88,500.00 | 25,000 | |
| 10/26/2015 | Harris & Harris Group Inc /Ny/ | Director | Buy | 200,000 | $5.00 | $1,000,000.00 | | |
| 10/26/2015 | Venture Fund Vi Lp Arch | Major Shareholder | Buy | 400,000 | $5.00 | $2,000,000.00 | | |
(Data available from 1/1/2013 forward)
Adesto Technologies (NASDAQ IOTS) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Adesto Technologies to Present at Upcoming Financial Conferences
finance.yahoo.com - May 17 at 4:43 PM |
 | Adesto Technologies (IOTS) Expected to Post Quarterly Sales of $16.39 Million
www.americanbankingnews.com - May 11 at 3:31 AM |
| B. Riley Cuts Adesto Technologies (IOTS) Price Target to $12.00
www.americanbankingnews.com - May 10 at 5:36 PM |
 | Adesto Technologies Corporation (IOTS) Announces Acquisition of S3 Semiconductors
www.streetinsider.com - May 10 at 9:43 AM |
| Edited Transcript of IOTS earnings conference call or presentation 9-May-18 9:00pm GMT
finance.yahoo.com - May 10 at 9:43 AM |
| Adesto Tech: 1Q Earnings Snapshot
finance.yahoo.com - May 10 at 9:43 AM |
| Adesto Technologies (IOTS) Posts Earnings Results
www.americanbankingnews.com - May 10 at 12:15 AM |
| Adesto Announces Acquisition of S3 Semiconductors
finance.yahoo.com - May 9 at 4:29 PM |
| Does Adesto Technologies Corporation’s (NASDAQ:IOTS) Latest Financial Perfomance Look Strong?
finance.yahoo.com - May 9 at 4:29 PM |
| Adesto Technologies (IOTS) to Post Q1 2019 Earnings of ($0.04) Per Share, B. Riley Forecasts
www.americanbankingnews.com - May 9 at 9:06 AM |
| -$0.03 Earnings Per Share Expected for Adesto Technologies (IOTS) This Quarter
www.americanbankingnews.com - May 9 at 5:19 AM |
| Adesto Technologies (IOTS) to Post Q2 2019 Earnings of $0.01 Per Share, B. Riley Forecasts
www.americanbankingnews.com - May 8 at 7:02 AM |
| Adesto Technologies (IOTS) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 8 at 3:18 AM |
| Adesto Technologies (IOTS) Lifted to Buy at ValuEngine
www.americanbankingnews.com - May 4 at 12:17 AM |
| Adesto Technologies (IOTS) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - May 2 at 6:58 AM |
| Adesto Announces Production Release of its DataFlash-L Products for Industrial and Home Automation Applications
finance.yahoo.com - May 1 at 9:32 AM |
| Adesto Technologies to Announce First Quarter 2018 Financial Results on May 9
finance.yahoo.com - April 25 at 9:37 AM |
| $14.91 Million in Sales Expected for Adesto Technologies (IOTS) This Quarter
www.americanbankingnews.com - April 24 at 5:26 AM |
| Head to Head Review: Cypress Semiconductor (CY) vs. Adesto Technologies (IOTS)
www.americanbankingnews.com - April 22 at 3:30 PM |
| Brokerages Expect Adesto Technologies (IOTS) to Post -$0.03 Earnings Per Share
www.americanbankingnews.com - April 22 at 1:20 AM |
| Adesto Technologies (IOTS) Given New $7.00 Price Target at Benchmark
www.americanbankingnews.com - April 19 at 11:52 PM |
| Adesto Technologies (IOTS) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - April 19 at 9:40 PM |
| Zacks Investment Research Lowers Adesto Technologies (IOTS) to Hold
www.americanbankingnews.com - April 18 at 10:16 PM |
| Adesto Technologies (IOTS) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - April 13 at 3:29 AM |
| Adesto Technologies (IOTS) Stock Rating Reaffirmed by Needham & Company LLC
www.americanbankingnews.com - April 11 at 11:52 PM |
| Critical Comparison: Adesto Technologies (IOTS) & Kopin (KOPN)
www.americanbankingnews.com - April 9 at 5:10 PM |
| Adesto Technologies Corp (IOTS) Expected to Announce Quarterly Sales of $14.91 Million
www.americanbankingnews.com - April 7 at 5:36 AM |
| Detailed Research: Economic Perspectives on The Habit Restaurants, MUELLER WATER PRODUCTS, The Carlyle Group, Flexion Therapeutics, Hexcel, and Adesto Technologies — What Drives Growth in Today's Competitive Landscape
finance.yahoo.com - April 5 at 8:57 AM |
| Zacks: Analysts Anticipate Adesto Technologies Corp (IOTS) to Announce -$0.03 Earnings Per Share
www.americanbankingnews.com - April 5 at 1:16 AM |
| B. Riley Begins Coverage on Adesto Technologies (IOTS)
www.americanbankingnews.com - March 24 at 12:17 PM |
| Adesto Technologies Corp (IOTS) Forecasted to Post Q1 2018 Earnings of ($0.07) Per Share
www.americanbankingnews.com - March 23 at 7:46 AM |
| Analyst Says Adesto Tech Offers A Play On Growing IoT Market
finance.yahoo.com - March 21 at 10:43 AM |
| Adesto Technologies (IOTS) Now Covered by Analysts at Northland Securities
www.americanbankingnews.com - March 19 at 9:13 AM |
| Adesto Technologies Corp (IOTS) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - March 19 at 9:13 AM |
| Analyzing Adesto Technologies (IOTS) & Its Peers
www.americanbankingnews.com - March 18 at 3:10 PM |
 | Adesto Technologies Corp Is Set Up to Rally
investorplace.com - March 12 at 1:10 PM |
| Empatica’s Embrace smart watch uses Adesto’s DataFlash memory for highly efficient data-logging and resource offloading
finance.yahoo.com - March 8 at 9:54 AM |
| EAM Investors LLC Has $1.70 Million Holdings in Adesto Technologies Corp (IOTS)
www.americanbankingnews.com - March 3 at 5:40 AM |
| Adesto Technologies Corp (IOTS) VP Sells $54,164.50 in Stock
www.americanbankingnews.com - March 2 at 9:32 PM |
| Adesto’s EcoXiP™ enables ultra-low-power, low-latency XiP system operation on STMicroelectronics’ new STM32L4+ MCUs
finance.yahoo.com - February 22 at 9:20 AM |
| Embedded Artists selects Adesto’s EcoXiP™ system-accelerating memory to optimize system performance for its new NXP i.MX OEM Boards
finance.yahoo.com - February 21 at 9:38 AM |
| Adesto Technologies (IOTS) Upgraded to C- by TheStreet
www.americanbankingnews.com - February 17 at 1:56 PM |
| Adesto Technologies Corporation (IOTS) Tops Q4 EPS by 1c
www.streetinsider.com - February 15 at 4:32 PM |
| Adesto Technologies Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 13 at 4:28 PM |
| Adesto Technologies (IOTS) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - February 6 at 5:14 AM |
| Adesto Technologies to Announce Fourth Quarter and Fiscal 2017 Financial Results on February 13
finance.yahoo.com - January 25 at 4:28 PM |
| Adesto Technologies (IOTS) Given "Buy" Rating at Needham & Company LLC
www.americanbankingnews.com - January 17 at 8:28 PM |
| Adesto Technologies to Present at the Needham Growth Conference on January 17
finance.yahoo.com - January 3 at 10:42 AM |
| ETFs with exposure to Adesto Technologies Corp. : December 29, 2017
finance.yahoo.com - December 29 at 3:44 PM |
| What Is Adesto Technologies Corporation’s (NASDAQ:IOTS) Share Price Doing?
finance.yahoo.com - December 19 at 3:44 PM |
Adesto Technologies (NASDAQ:IOTS) SEC Filings
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Adesto Technologies (NASDAQ:IOTS) Income Statement, Balance Sheet and Cash Flow Statement
Adesto Technologies (NASDAQ IOTS) Stock Chart for Wednesday, May, 23, 2018
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