Tuya Inc. (TUYA)
NYSE: TUYA · Real-Time Price · USD
1.530
+0.020 (1.32%)
Nov 4, 2024, 4:00 PM EST - Market closed
Tuya Inc. Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Tuya Inc. stock has a target of 2.70, which predicts an increase of 76.47% from the current stock price of 1.53.
Analyst Consensus: Buy
* Price targets were last updated on Nov 29, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Tuya Inc. is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $2.7 | Hold → Buy | Upgrades | $2.7 | +76.47% | Nov 29, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $25 → $22 | Hold → Strong Buy | Upgrades | $25 → $22 | +1,337.91% | May 14, 2021 |
| Morgan Stanley | Morgan Stanley | Buy Initiates $26 | Buy | Initiates | $26 | +1,599.35% | Apr 12, 2021 |
Financial Forecast
Revenue This Year
289.56M
from 229.99M
Increased by 25.90%
Revenue Next Year
335.87M
from 289.56M
Increased by 15.99%
EPS This Year
0.11
from -0.11
EPS Next Year
0.11
from 0.11
Increased by 3.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 308.2M | 367.8M | 420.7M |
| Avg | 289.6M | 335.9M | 391.9M |
| Low | 274.4M | 303.9M | 358.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.0% | 27.0% | 25.3% |
| Avg | 25.9% | 16.0% | 16.7% |
| Low | 19.3% | 5.0% | 6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.13 | 0.14 | 0.13 |
| Avg | 0.11 | 0.11 | 0.12 |
| Low | 0.08 | 0.09 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 25.5% | 12.3% |
| Avg | - | 3.1% | 4.5% |
| Low | - | -18.9% | -3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.