NASDAQ:WISA

Summit Wireless Technologies Stock Forecast, Price & News

$2.94
+0.05 (+1.73 %)
(As of 09/22/2021 12:00 AM ET)
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Today's Range
$2.89
$2.98
50-Day Range
$2.89
$4.60
52-Week Range
$1.73
$7.06
Volume183,628 shs
Average Volume1.25 million shs
Market Capitalization$44.93 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.4
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.

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MarketRank

Overall MarketRank

1.79 out of 5 stars

Computer And Technology Sector

539th out of 857 stocks

Semiconductors & Related Devices Industry

78th out of 116 stocks

Analyst Opinion: 3.5Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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Summit Wireless Technologies (NASDAQ:WISA) Frequently Asked Questions

Is Summit Wireless Technologies a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Summit Wireless Technologies in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Summit Wireless Technologies stock.
View analyst ratings for Summit Wireless Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Summit Wireless Technologies?

Wall Street analysts have given Summit Wireless Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Summit Wireless Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Summit Wireless Technologies?

Summit Wireless Technologies saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 175,000 shares, a decrease of 73.4% from the August 15th total of 658,700 shares. Based on an average trading volume of 2,210,000 shares, the short-interest ratio is currently 0.1 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, November 9th 2021.
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 data 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 company earned $1.58 million during the quarter, compared to analyst estimates of $1.20 million. Summit Wireless Technologies had a negative net margin of 304.57% and a negative trailing twelve-month return on equity of 139.82%.
View Summit Wireless Technologies' earnings history
.

How has Summit Wireless Technologies' stock 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 950.0% and is now trading at $2.94.
View which stocks have been most impacted by COVID-19
.

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

Summit Wireless Technologies issued an update on its FY 2021 earnings guidance on Tuesday, September, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.50 million-$7 million, compared to the consensus revenue estimate of $6.47 million.

What price target have analysts set for WISA?

2 Wall Street analysts have issued 1 year price objectives for Summit Wireless Technologies' stock. 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 95.6% 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
  • Ed Green, Vice President-Operations
  • George Oliva, Chief Financial Officer & Secretary
  • Keith Greeney, Vice President-Engineering
  • Tony Parker, Vice President-Business Development & Strategy

Who are some of Summit Wireless Technologies' key competitors?

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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.04%), Morgan Stanley (0.99%), Morgan Stanley (0.99%), Renaissance Technologies LLC (0.74%), Marshall Wace LLP (0.70%) and Marshall Wace LLP (0.70%). 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 Susquehanna Fundamental Investments LLC. 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Morgan Stanley, Morgan Stanley, Marshall Wace LLP, Marshall Wace LLP, Renaissance Technologies LLC, State Street Corp, and Citadel Advisors LLC.
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 $2.94.

How much money does Summit Wireless Technologies make?

Summit Wireless Technologies has a market capitalization of $44.93 million and generates $2.40 million in revenue each year. The company earns $-12,700,000.00 in net income (profit) each year or ($2.47) 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 or via email at [email protected].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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