Tuya Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tuya in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Tuya stock.
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Tuya Inc. (NASDAQ:TUYA) released its quarterly earnings data on Thursday, May, 13th. The company reported ($0.15) EPS for the quarter. The business had revenue of $56.87 million for the quarter.
View Tuya's earnings history.

Tuya updated its second quarter 2021 earnings guidance on Thursday, May, 13th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $78 million-$81 million.

2 Wall Street analysts have issued 1-year target prices for Tuya's shares. Their forecasts range from $25.00 to $26.00. On average, they expect Tuya's stock price to reach $25.50 in the next year. This suggests a possible upside of 36.0% from the stock's current price.
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Some companies that are related to Tuya include TELUS International (Cda) (TIXT), KnowBe4 (KNBE), Dye & Durham (DND), E2open Parent (ETWO), GreenBox POS (GBOX), Minds + Machines Group (MMX), BrandShield Systems (BRSD), CloudCoCo Group (CLCO), Adslot (ADS), Adveritas (AV1), Adyen (ADYEY), ALFI (ALF), Buddy Technologies (BUD), Cipherpoint (CPT) and Cyberloq Technologies (CLOQ).
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(TUYA) raised $807 million in an IPO on Thursday, March 18th 2021. The company issued 43,600,000 shares at $17.00-$20.00 per share. Morgan Stanley, BofA Securities and CICC served as the underwriters for the IPO and Tiger Brokers and CMBI were co-managers.

Tuya trades on the NASDAQ under the ticker symbol "TUYA."

Tuya's quiet period expired on Tuesday, April 27th. Tuya had issued 43,590,000 shares in its public offering on March 18th. The total size of the offering was $915,390,000 based on an initial share price of $21.00. During Tuya's quiet period, insiders and any underwriters involved in the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Tuya's stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (0.76%), Franchise Capital Ltd (0.28%), Matthews International Capital Management LLC (0.24%), BlackRock Inc. (0.21%), Ghisallo Capital Management LLC (0.18%) and Credit Suisse AG (0.18%).

TUYA stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Franchise Capital Ltd, Matthews International Capital Management LLC, BlackRock Inc., Ghisallo Capital Management LLC, Credit Suisse AG, Citigroup Inc., and Barings LLC.

Shares of TUYA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TUYA stock can currently be purchased for approximately $18.75.

Tuya has a market capitalization of $10.50 billion.

Tuya employs 2,258 workers across the globe.

The official website for Tuya is www.tuya.com.

The company can be reached via phone at 86 40 0881 8611.