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

$9.13
+0.16 (+1.78 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$8.64
Now: $9.13
$9.16
50-Day Range
$7.58
MA: $9.97
$11.19
52-Week Range
$3.51
Now: $9.13
$11.97
Volume1.91 million shs
Average Volume268,333 shs
Market Capitalization$274.55 million
P/E RatioN/A
Dividend YieldN/A
Beta1.25
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$0.0145 per share
Book Value$2.13 per share

Profitability

Net Income$-21,440,000.00

Miscellaneous

Employees265
Market Cap$274.55 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 Wednesday, November, 7th. The technology company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.01. The technology company had revenue of $21.93 million for the quarter, compared to analysts' expectations of $20.11 million. Adesto Technologies had a negative return on equity of 15.80% and a negative net margin of 24.61%. 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 analysts have issued twelve-month price targets for Adesto Technologies' shares. Their predictions 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 26.0% 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 coverage about IOTS stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Adesto Technologies earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Adesto Technologies.

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), Ford Motor (F), Petra Diamonds (PDL), Corbus Pharmaceuticals (CRBP), Prospect Capital (PSEC), AVEO Pharmaceuticals (AVEO), Cronos Group (CRON), Vuzix (VUZI), ANNALY CAP MGMT/SH (NLY) 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. Seyed Attaran, VP of Worldwide Operations

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. (9.13%), BlackRock Inc. (5.94%), Vanguard Group Inc. (4.37%), Russell Investments Group Ltd. (1.95%), United Services Automobile Association (1.51%) and Cadence Capital Management LLC (0.95%). Company insiders that own Adesto Technologies stock include David Aaron, Dermot Barry, 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 major investors are selling Adesto Technologies stock?

IOTS stock was sold by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Russell Investments Group Ltd., AWM Investment Company Inc., Panagora Asset Management Inc., Boston Partners, Bank of New York Mellon Corp, Vanguard Group Inc. and Allianz Asset Management GmbH. Company insiders that have sold Adesto Technologies company stock in the last year include David Aaron, Dermot Barry, Gideon D Intrater, Raphael Mehrbians, Ron Shelton and Thomas D Spade. View Insider Buying and Selling for Adesto Technologies.

Which major investors are buying Adesto Technologies stock?

IOTS stock was purchased by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, BlackRock Inc., United Services Automobile Association, D. E. Shaw & Co. Inc., Northeast Financial Consultants Inc, Harvey Partners LLC, JPMorgan Chase & Co. and Susquehanna International Group LLP. 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, Robinhood, Fidelity and Charles Schwab.

What is Adesto Technologies' stock price today?

One share of IOTS stock can currently be purchased for approximately $9.13.

How big of a company is Adesto Technologies?

Adesto Technologies has a market capitalization of $274.55 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:  247 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  537
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 9/20/2019 by MarketBeat.com Staff

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