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NYSE:TUYA

Tuya (TUYA) Stock Price, News & Analysis

$1.56
+0.01 (+0.65%)
(As of 07/26/2024 ET)
Today's Range
$1.56
$1.59
50-Day Range
$1.55
$2.15
52-Week Range
$1.40
$2.50
Volume
122,953 shs
Average Volume
256,040 shs
Market Capitalization
$786.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.70

Tuya MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
73.1% Upside
$2.70 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.11mentions of Tuya in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.03) to ($0.01) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Computer And Technology Sector

448th out of 612 stocks

Prepackaged Software Industry

145th out of 202 stocks

TUYA stock logo

About Tuya Stock (NYSE:TUYA)

Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices. It also offers cloud-based software value-added services that provides end users with smart features, such as cloud storage; and Cube Smart Private Cloud Solution which enables conglomerates to build their own autonomous and controllable IoT platforms; and could-based services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company provides smart solutions for IoT devices that integrates software capabilities; and enables developers to activate an IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a range of smart devices, as well as sells finished smart devices. It offers its solutions to smart home, smart business, renewable energy, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.

TUYA Stock Price History

TUYA Stock News Headlines

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TUYA Aug 2024 2.500 call (TUYA240816C00002500)
TUYA Aug 2024 5.000 put (TUYA240816P00005000)
Ruto Unveils New Cabinet
See More Headlines
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Company Calendar

Last Earnings
5/20/2024
Today
7/27/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
1,465
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.70
High Stock Price Target
$2.70
Low Stock Price Target
$2.70
Potential Upside/Downside
+73.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-60,310,000.00
Pretax Margin
-16.33%

Debt

Sales & Book Value

Annual Sales
$229.99 million
Book Value
$1.92 per share

Miscellaneous

Free Float
493,795,000
Market Cap
$786.85 million
Optionable
Optionable
Beta
0.34
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Key Executives

  • Mr. Xueji WangMr. Xueji Wang (Age 41)
    Founder, Co-Chairman & CEO
  • Mr. Liaohan Chen (Age 41)
    Founder, Co-Chairman & President
  • Mr. Yi Yang (Age 41)
    Co-founder, COO & Director
  • Ms. Yao Liu (Age 49)
    Senior VP, CFO & Director
  • Mr. Reg Chai
    Investor Relations Director
  • Ms. King Yin Tang (Age 37)
    Company Secretary

TUYA Stock Analysis - Frequently Asked Questions

How have TUYA shares performed this year?

Tuya's stock was trading at $2.30 at the beginning of 2024. Since then, TUYA shares have decreased by 32.2% and is now trading at $1.56.
View the best growth stocks for 2024 here
.

How were Tuya's earnings last quarter?

Tuya Inc. (NYSE:TUYA) released its quarterly earnings results on Monday, May, 20th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company earned $61.66 million during the quarter, compared to analysts' expectations of $54.66 million. Tuya had a negative net margin of 17.53% and a negative trailing twelve-month return on equity of 2.82%.

When did Tuya IPO?

Tuya (TUYA) raised $807 million in an initial public offering (IPO) on Thursday, March 18th 2021. The company issued 43,600,000 shares at a price of $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.

How do I buy shares of Tuya?

Shares of TUYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TUYA) was last updated on 7/27/2024 by MarketBeat.com Staff

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