Free Trial
NYSE:TUYA

Tuya (TUYA) Stock Price, News & Analysis

Tuya logo
$1.51
-0.01 (-0.66%)
(As of 11/1/2024 ET)

About Tuya Stock (NYSE:TUYA)

Key Stats

Today's Range
$1.51
$1.58
50-Day Range
$1.30
$1.84
52-Week Range
$1.28
$2.50
Volume
388,588 shs
Average Volume
751,668 shs
Market Capitalization
$761.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.70
Consensus Rating
Buy

Company Overview

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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
62nd Percentile Overall Score

TUYA MarketRank™: 

Tuya scored higher than 62% of companies evaluated by MarketBeat, and ranked 349th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tuya has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Tuya has received no research coverage in the past 90 days.

  • Read more about Tuya's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tuya is -50.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tuya is -50.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Tuya has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Tuya's valuation and earnings.
  • Percentage of Shares Shorted

    0.13% of the float of Tuya has been sold short.
  • Short Interest Ratio / Days to Cover

    Tuya has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tuya has recently decreased by 15.03%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Tuya does not currently pay a dividend.

  • Dividend Growth

    Tuya does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.13% of the float of Tuya has been sold short.
  • Short Interest Ratio / Days to Cover

    Tuya has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tuya has recently decreased by 15.03%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Tuya has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Tuya this week, compared to 6 articles on an average week.
  • Search Interest

    8 people have searched for TUYA on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Tuya to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tuya insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of Tuya is held by insiders.

  • Percentage Held by Institutions

    Only 11.47% of the stock of Tuya is held by institutions.

  • Read more about Tuya's insider trading history.
Receive TUYA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tuya and its competitors with MarketBeat's FREE daily newsletter.

TUYA Stock News Headlines

Crypto Crash Ahead? (27 Experts Weigh In)
Your Portfolio Could Be at RISK Emergency summit reveals crypto could save you!
Some 3,000 exhibitors join global lighting marketplace
See More Headlines

TUYA Stock Analysis - Frequently Asked Questions

Tuya's stock was trading at $2.30 at the start of the year. Since then, TUYA stock has decreased by 34.3% and is now trading at $1.51.
View the best growth stocks for 2024 here
.

Tuya Inc. (NYSE:TUYA) posted its quarterly earnings data on Monday, August, 26th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm had revenue of $73.28 million for the quarter, compared to analyst estimates of $69.36 million. Tuya had a negative trailing twelve-month return on equity of 0.65% and a negative net margin of 6.20%.

Tuya (TUYA) raised $807 million in an 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 acted as the underwriters for the IPO and Tiger Brokers and CMBI were co-managers.

Top institutional investors of Tuya include Krane Funds Advisors LLC (0.04%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tuya investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/26/2024
Ex-Dividend for 10/15 Dividend
9/11/2024
Dividend Payable
10/15/2024
Today
11/02/2024
Next Earnings (Estimated)
11/26/2024
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
+78.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-60,310,000.00
Pretax Margin
-5.28%

Debt

Sales & Book Value

Annual Sales
$229.99 million
Book Value
$1.92 per share

Miscellaneous

Free Float
493,795,000
Market Cap
$764.15 million
Optionable
Optionable
Beta
0.37
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

This page (NYSE:TUYA) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners