Should I buy or sell Tuya stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tuya 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" TUYA shares. View TUYA analyst ratings or view top-rated stocks .

What is Tuya's stock price target for 2024?

2 brokerages have issued twelve-month price objectives for Tuya's stock. Their TUYA share price targets range from $2.70 to $2.70. On average, they expect the company's share price to reach $2.70 in the next twelve months. This suggests a possible upside of 70.3% from the stock's current price. View analysts price targets for TUYA or view top-rated stocks among Wall Street analysts .

How have TUYA shares performed in 2024?

Tuya's stock was trading at $2.30 at the beginning of the year. Since then, TUYA shares have decreased by 31.1% and is now trading at $1.5850. View the best growth stocks for 2024 here .

When is Tuya's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our TUYA earnings forecast .

How were Tuya's earnings last quarter?

Tuya Inc. (NYSE:TUYA) released its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $64.41 million for the quarter, compared to analysts' expectations of $61.94 million. Tuya had a negative net margin of 26.23% and a negative trailing twelve-month return on equity of 4.66%.

What ETF holds Tuya's stock?

KraneShares MSCI China Clean Technology Index ETF holds 220,668 shares of TUYA stock, representing 0.68% of its portfolio.

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

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 .

NYSE:TUYA

Tuya (TUYA) Stock Price, News & Analysis

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$1.58

-0.04 (-2.46%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.54
▼
$1.64
50-Day Range: $1.59
▼
$2.09
52-Week Range: $1.40
▼
$2.50

Volume: 226,703 shs
Average Volume: 155,901 shs
Market Capitalization: $799.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.70

Get Tuya alerts:

Tuya MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 70.3% Upside
$2.70 Price Target
Short Interest: Healthy
0.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.19
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.04) to ($0.03) 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.

2.10 out of 5 stars

Computer And Technology Sector

406th out of 582 stocks

Prepackaged Software Industry

148th out of 196 stocks

3.5

Analyst's Opinion

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.

3.0

Short Interest

Percentage of Shares Shorted
0.21% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tuya has recently increased by 0.47%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Tuya does not currently pay a dividend.
Dividend Growth
Tuya does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TUYA.

2.3

News and Social Media Coverage

News Sentiment
Tuya has a news sentiment score of 0.19. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Tuya this week, compared to 6 articles on an average week.
MarketBeat Follows
2 people have added Tuya to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Tuya are expected to grow in the coming year, from ($0.04) to ($0.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tuya is -14.41, 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 -14.41, 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 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Tuya Stock (NYSE:TUYA)

Tuya Inc. offers Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides IoT platform-as-a-service that enables brands, original equipment manufacturers, 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 a wide range of cloud-based value-added services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company sells finished smart devices. It offers its solutions to smart home, smart business, healthcare, education, agriculture, outdoors and sport, and entertainment industries. The company was founded in 2014 and is based in Hangzhou, the People's Republic of China.

TUYA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TUYA Stock News Headlines

April 19, 2024 | forbes.com

‘Abigail’: Why Does Joey Look So Familiar?

April 17, 2024 | msn.com

Who Is Melissa Barrera? Meet the Actress Who Was Fired From ‘Scream 7’

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 17, 2024 | msn.com

This $700 Robot Vacuum and Mop Leaves Floors ‘Spotless,’ and It’s on Sale for $160 Right Now at Amazon

April 16, 2024 | msn.com

The Best Smart Home Deals for April 2024

April 15, 2024 | msn.com

Radio Presenter Nick Odhiambo Marries Beautiful Lover in Lavish Traditional Wedding

April 15, 2024 | americanbankingnews.com

Analyzing Tuya (NYSE:TUYA) and Elys BMG Group (NASDAQ:ELYS)

April 14, 2024 | msn.com

Patricio Peñalver presenta el jueves 'Aunque parezca mi autobiografía podría ser la tuya' en el Museo Ramón Gaya

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 14, 2024 | msn.com

“Esta canción es tan mía, como tuya”: Nicole Zignago sobre canción con Camilo

April 13, 2024 | americanbankingnews.com

Tuya (NYSE:TUYA) Shares Gap Up to $1.83

April 12, 2024 | msn.com

We'll tighten security in Laikipia, add 250 police reservists – Ruto

April 12, 2024 | americanbankingnews.com

Tuya (NYSE:TUYA) Trading Up 1.7%

April 9, 2024 | msn.com

Rosalía’s grandmother speaks out: Life goes on after breakup with Rauw Alejandro

April 8, 2024 | msn.com

Esther Okenyuri: Story of Senator Behind Bill to Protect Hawkers

April 7, 2024 | msn.com

CS Rebecca Miano's Son Weds Lover in Flashy Traditional Wedding, Politicians Steal Show at Event

April 5, 2024 | msn.com

Set target to boost forest cover - CS Tuya urges Siaya county

April 5, 2024 | msn.com

CS Tuya vows to protect forests e as she demolishes illegal wall in Ololua

April 5, 2024 | msn.com

Rauw Alejandro is reportedly selling the farmhouse Rosalía bought him as a wedding gift

April 4, 2024 | msn.com

Hunter Schafer Opens Up About Relationship With Rosalía

April 3, 2024 | msn.com

Govt to Revoke Land Title Deeds Held in Select Areas

April 3, 2024 | msn.com

Hunter Schafer Has Opened Up About Her Relationship With Rosalía

April 2, 2024 | msn.com

Breaking Down Rosalía and Hunter Schafer's Fiery Romance and the Impact on Her Music

April 2, 2024 | msn.com

Machogu directs universities to establish tree nurseries

April 2, 2024 | msn.com

CSs: Why Education ministry is key driver in planting 15 billion trees by 2032

April 2, 2024 | msn.com

Hunter Schafer confirms romance with Rosalía after dating for five months

April 2, 2024 | msn.com

On the radar: Ruto set for three-day State visit to Ghana

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/20/2024
Next Earnings (Estimated): 6/05/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:TUYA
CUSIP: N/A
CIK: 1829118
Web: www.tuya.com
Phone: 8605-71-8691-5981
Fax: N/A
Employees: 1,835
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: +70.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.11)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-60,310,000.00
Net Margins: -26.23%
Pretax Margin: -24.81%
Return on Equity: -4.66%
Return on Assets: -4.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 9.69
Quick Ratio: 9.31

Sales & Book Value

Annual Sales: $229.99 million
Price / Sales: 3.48
Cash Flow: $0.07 per share
Price / Cash Flow: 22.98
Book Value: $1.92 per share
Price / Book: 0.83

Miscellaneous

Outstanding Shares: 504,390,000
Free Float: 493,795,000
Market Cap: $799.46 million
Optionable: Optionable
Beta: 0.33

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Key Executives

Mr. 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
Mr. Ruixin Zhou (Age 41)
Co-Founder & CTO
Ms. Yao Liu (Age 49)
Senior VP, CFO & Director
Mr. Reg Chai
Investor Relations Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TUYA Stock Analysis - Frequently Asked Questions

Should I buy or sell Tuya stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tuya 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" TUYA shares.
View TUYA analyst ratings or view top-rated stocks.
What is Tuya's stock price target for 2024?: 2 brokerages have issued twelve-month price objectives for Tuya's stock. Their TUYA share price targets range from $2.70 to $2.70. On average, they expect the company's share price to reach $2.70 in the next twelve months. This suggests a possible upside of 70.3% from the stock's current price.
View analysts price targets for TUYA or view top-rated stocks among Wall Street analysts.
How have TUYA shares performed in 2024?: Tuya's stock was trading at $2.30 at the beginning of the year. Since then, TUYA shares have decreased by 31.1% and is now trading at $1.5850.
View the best growth stocks for 2024 here.
When is Tuya's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our TUYA earnings forecast.

How were Tuya's earnings last quarter?: Tuya Inc. (NYSE:TUYA) released its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $64.41 million for the quarter, compared to analysts' expectations of $61.94 million. Tuya had a negative net margin of 26.23% and a negative trailing twelve-month return on equity of 4.66%.
What ETF holds Tuya's stock?: KraneShares MSCI China Clean Technology Index ETF holds 220,668 shares of TUYA stock, representing 0.68% of its portfolio.
When did Tuya IPO?: Tuya (TUYA) raised $807 million in an IPO on Thursday, March 18th 2021. The company issued 43,600,000 shares at $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.
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 4/20/2024 by MarketBeat.com Staff

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Tuya (TUYA) Stock Price, News & Analysis

Tuya MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tuya Stock (NYSE:TUYA)

TUYA Stock Price History

TUYA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TUYA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™