Tuya Inc. (TUYA)
NYSE: TUYA · IEX Real-Time Price · USD
1.660
-0.020 (-1.19%)
Jul 2, 2024, 4:00 PM EDT - 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 62.65% from the current stock price of 1.66.
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 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 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 | +62.65% | Nov 29, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | May 14, 2021 |
| Morgan Stanley | Morgan Stanley | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Apr 12, 2021 |
Financial Forecast
Revenue This Year
285.11M
from 229.99M
Increased by 23.97%
Revenue Next Year
329.81M
from 285.11M
Increased by 15.68%
EPS This Year
0.08
from -0.11
EPS Next Year
0.09
from 0.08
Increased by 6.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 295.4M | 345.5M | 404.3M |
| Avg | 285.1M | 329.8M | 385.2M |
| Low | 272.4M | 304.0M | 356.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 28.4% | 21.2% | 22.6% |
| Avg | 24.0% | 15.7% | 16.8% |
| Low | 18.5% | 6.6% | 8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.08 | 0.09 | 0.09 |
| Avg | 0.08 | 0.09 | 0.09 |
| Low | 0.08 | 0.08 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 15.8% | 9.0% |
| Avg | - | 6.3% | 5.9% |
| Low | - | -3.9% | 1.7% |
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.