Tuya Inc. (TUYA)
NYSE: TUYA · IEX Real-Time Price · USD
1.550
-0.080 (-4.91%)
Apr 19, 2024, 2:40 PM EDT - Market open
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 74.19% from the current stock price of 1.55.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | +74.19% | 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
268.66M
from 229.99M
Increased by 16.81%
Revenue Next Year
309.55M
from 268.66M
Increased by 15.22%
EPS This Year
0.05
from -0.11
EPS Next Year
0.06
from 0.05
Increased by 10.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 278.1M | 319.9M | 366.5M |
| Avg | 268.7M | 309.6M | 355.3M |
| Low | 255.3M | 295.2M | 340.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.9% | 19.1% | 18.4% |
| Avg | 16.8% | 15.2% | 14.8% |
| Low | 11.0% | 9.9% | 10.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.06 | 0.06 | 0.06 |
| Avg | 0.05 | 0.06 | 0.06 |
| Low | 0.04 | 0.05 | 0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 23.5% | 12.3% |
| Avg | - | 10.0% | 9.1% |
| Low | - | -3.9% | 4.8% |
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.