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

$8.78
-0.07 (-0.79 %)
(As of 10/17/2019 06:00 AM ET)
Today's Range
$8.70
Now: $8.78
$8.92
50-Day Range
$7.95
MA: $9.42
$11.19
52-Week Range
$3.51
Now: $8.78
$11.97
Volume248,091 shs
Average Volume871,206 shs
Market Capitalization$264.01 million
P/E RatioN/A
Dividend YieldN/A
Beta1.22
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$264.01 million
Next Earnings Date11/6/2019 (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) issued its quarterly earnings data on Tuesday, August, 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). The technology company had revenue of $30.16 million for the quarter, compared to analyst estimates 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.

When is Adesto Technologies' next earnings date?

Adesto Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Adesto Technologies.

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

Adesto Technologies updated its third quarter 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) 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.

What price target have analysts set for IOTS?

4 brokerages have issued 12 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 $11.50 in the next year. This suggests a possible upside of 31.0% from the stock's current price. View Analyst Price Targets for Adesto Technologies.

What is the consensus analysts' recommendation 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.

Has Adesto Technologies been receiving favorable news coverage?

News articles about IOTS stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press 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 -3.2 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Adesto Technologies.

Are investors shorting Adesto Technologies?

Adesto Technologies saw a increase in short interest in 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 trading volume of 510,700 shares, the short-interest ratio is presently 7.2 days. Approximately 14.6% of the company's stock are sold short. View Adesto Technologies' Current Options Chain.

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), Ford Motor (F), Corbus Pharmaceuticals (CRBP), Cronos Group (CRON), AVEO Pharmaceuticals (AVEO), Advanced Micro Devices (AMD), Prospect Capital (PSEC), Splunk (SPLK) 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

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 $8.78.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $264.01 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:  251 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  545
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 10/17/2019 by MarketBeat.com Staff

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