WiSA Technologies (WISA) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WiSA Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WISA shares.
View WISA analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year price objectives for WiSA Technologies' stock. Their WISA share price forecasts range from $6.00 to $450.00. On average, they anticipate the company's share price to reach $218.67 in the next year. This suggests a possible upside of 17,117.8% from the stock's current price.
View analysts price targets for WISA or view top-rated stocks among Wall Street analysts.

WiSA Technologies' stock was trading at $10.78 at the beginning of the year. Since then, WISA shares have decreased by 88.2% and is now trading at $1.27.
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WiSA Technologies saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 305,200 shares, an increase of 70.3% from the April 30th total of 179,200 shares. Based on an average trading volume of 2,150,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 8.4% of the company's stock are sold short.
View WiSA Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our WISA earnings forecast.

WiSA Technologies, Inc. (NASDAQ:WISA) issued its quarterly earnings data on Tuesday, May, 16th. The company reported ($3.09) EPS for the quarter, missing the consensus estimate of ($2.86) by $0.23. The firm had revenue of $0.47 million for the quarter, compared to analysts' expectations of $0.40 million. WiSA Technologies had a negative net margin of 402.94% and a negative trailing twelve-month return on equity of 343.27%.

WiSA Technologies's stock reverse split on the morning of Friday, January 27th 2023. The 1-100 reverse split was announced on Thursday, January 26th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, January 27th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

WiSA Technologies updated its FY 2024 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.00 million-$15.00 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other WiSA 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).

WiSA Technologies trades on the NASDAQ under the ticker symbol "WISA."

WiSA Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Sabby Management LLC (3.01%), Anson Funds Management LP (1.97%), Anson Funds Management LP (1.97%), Ingalls & Snyder LLC (0.54%), Bank of America Corp DE (0.41%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Brett Moyer, Gary Williams, George Oliva and Michael Howse.
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Shares of WISA stock 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 WISA stock can currently be purchased for approximately $1.27.

WiSA Technologies (NASDAQ:WISA) has a market capitalization of $4.83 million and generates $3.37 million in revenue each year.

WiSA Technologies' mailing address is 6840 VIA DEL ORO SUITE 280, SAN JOSE CA, 95119. The official website for the company is www.summitwireless.com. The company can be reached via phone at (408) 627-4716, via email at summit@lhai.com, or via fax at 408-362-3431.