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NASDAQ:WISA

Summit Wireless Technologies Stock Forecast, Price & News

$1.75
0.00 (0.00%)
(As of 12/2/2021 12:00 AM ET)
Add
Compare
Today's Range
$1.71
$1.80
50-Day Range
$1.75
$2.95
52-Week Range
$1.70
$7.06
Volume
206,335 shs
Average Volume
1.04 million shs
Market Capitalization
$27.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
-0.33
30 days | 90 days | 365 days | Advanced Chart
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Summit Wireless Technologies logo

About Summit Wireless Technologies

Summit Wireless Technologies, Inc. engages in the manufacture of modules which wirelessly transmit and receive audio directly to speakers. Its products include Summit TX-SD, Summit RX-SD, TX Dev Kit, RX Dev Kit, 30 Watt Amp, and DAC board. The company was founded on July 23, 2010 and is headquartered in San Jose, CA.

Headlines

Summit Wireless Technologies Inc.
October 22, 2021 |  barrons.com
See More Headlines

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:WISA
Employees
40
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.40 million
Book Value
$1.24 per share

Profitability

Net Income
$-12.70 million
Net Margins
-222.05%
Pretax Margin
-222.01%

Debt

Price-To-Earnings

Miscellaneous

Free Float
14,701,000
Market Cap
$27.66 million
Optionable
Not Optionable

Company Calendar

Last Earnings
8/10/2021
Today
12/02/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/15/2022

MarketRank

Overall MarketRank

1.79 out of 5 stars

Computer And Technology Sector

568th out of 890 stocks

Semiconductors & Related Devices Industry

81st out of 119 stocks

Analyst Opinion: 3.5Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -












Summit Wireless Technologies (NASDAQ:WISA) Frequently Asked Questions

Is Summit Wireless Technologies a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Summit Wireless Technologies 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" Summit Wireless Technologies stock.
View analyst ratings for Summit Wireless Technologies
or view top-rated stocks.

How has Summit Wireless Technologies' stock price been impacted by COVID-19 (Coronavirus)?

Summit Wireless Technologies' stock was trading at $0.28 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WISA stock has increased by 525.0% and is now trading at $1.75.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Summit Wireless Technologies?

Summit Wireless Technologies saw a decline in short interest in the month of October. As of October 29th, there was short interest totaling 168,200 shares, a decline of 17.7% from the October 14th total of 204,300 shares. Based on an average daily trading volume, of 305,000 shares, the days-to-cover ratio is currently 0.6 days.
View Summit Wireless Technologies' Short Interest
.

When is Summit Wireless Technologies' next earnings date?

Summit Wireless Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, March 15th 2022.
View our earnings forecast for Summit Wireless Technologies
.

How were Summit Wireless Technologies' earnings last quarter?

Summit Wireless Technologies, Inc. (NASDAQ:WISA) announced its quarterly earnings results on Tuesday, August, 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by $0.13. The business earned $1.58 million during the quarter, compared to analysts' expectations of $1.20 million. Summit Wireless Technologies had a negative net margin of 222.05% and a negative trailing twelve-month return on equity of 103.52%.
View Summit Wireless Technologies' earnings history
.

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

Summit Wireless Technologies updated its FY 2021 earnings guidance on Wednesday, December, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.30 million-$6.50 million, compared to the consensus revenue estimate of $6.85 million.

What price target have analysts set for WISA?

2 brokerages have issued 1 year price targets for Summit Wireless Technologies' shares. Their forecasts range from $5.50 to $6.00. On average, they expect Summit Wireless Technologies' stock price to reach $5.75 in the next twelve months. This suggests a possible upside of 228.6% from the stock's current price.
View analysts' price targets for Summit Wireless Technologies
or view top-rated stocks among Wall Street analysts.

Who are Summit Wireless Technologies' key executives?

Summit Wireless Technologies' management team includes the following people:
  • Brett A. Moyer, Chairman, President & Chief Executive Officer (LinkedIn Profile)
  • Ed Green, Vice President-Operations
  • George Oliva, Chief Financial Officer & Secretary
  • Keith Greeney, Vice President-Engineering
  • Tony Parker, Vice President-Business Development & Strategy

What other stocks do shareholders of Summit Wireless Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Wireless Technologies investors own include Co-Diagnostics (CODX), iBio (IBIO), Inovio Pharmaceuticals (INO), Tonix Pharmaceuticals (TNXP), Inpixon (INPX), Vaxart (VXRT), Onconova Therapeutics (ONTX), T2 Biosystems (TTOO), FuelCell Energy (FCEL) and Ocugen (OCGN).

What is Summit Wireless Technologies' stock symbol?

Summit Wireless Technologies trades on the NASDAQ under the ticker symbol "WISA."

Who are Summit Wireless Technologies' major shareholders?

Summit Wireless Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.99%), Geode Capital Management LLC (0.96%), Essex Investment Management Co. LLC (0.62%), Marshall Wace LLP (0.62%), Citadel Advisors LLC (0.00%) and UBS Group AG (0.29%). Company insiders that own Summit Wireless Technologies stock include Brett Moyer and Michael Howse.
View institutional ownership trends for Summit Wireless Technologies
.

Which institutional investors are selling Summit Wireless Technologies stock?

WISA stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, and Marshall Wace LLP. Company insiders that have sold Summit Wireless Technologies company stock in the last year include Brett Moyer, and Michael Howse.
View insider buying and selling activity for Summit Wireless Technologies
or view top insider-selling stocks.

Which institutional investors are buying Summit Wireless Technologies stock?

WISA stock was bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, UBS Group AG, Geode Capital Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Jump Financial LLC, B. Riley Wealth Management Inc., and Two Sigma Investments LP.
View insider buying and selling activity for Summit Wireless Technologies
or or view top insider-buying stocks.

How do I buy shares of Summit Wireless Technologies?

Shares of WISA 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.
Compare Top Brokerages Here.

What is Summit Wireless Technologies' stock price today?

One share of WISA stock can currently be purchased for approximately $1.75.

How much money does Summit Wireless Technologies make?

Summit Wireless Technologies has a market capitalization of $27.66 million and generates $2.40 million in revenue each year. The company earns $-12.70 million in net income (profit) each year or ($1.22) on an earnings per share basis.

How many employees does Summit Wireless Technologies have?

Summit Wireless Technologies employs 40 workers across the globe.

What is Summit Wireless Technologies' official website?

The official website for Summit Wireless Technologies is www.summitwireless.com.

Where are Summit Wireless Technologies' headquarters?

Summit Wireless Technologies is headquartered at 6840 VIA DEL ORO SUITE 280, SAN JOSE CA, 95119.

How can I contact Summit Wireless Technologies?

Summit Wireless Technologies' mailing address is 6840 VIA DEL ORO SUITE 280, SAN JOSE CA, 95119. The company can be reached via phone at (408) 627-4716, via email at [email protected], or via fax at 408-362-3431.


This page was last updated on 12/2/2021 by MarketBeat.com Staff

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