Analyst Price Target is $2.70
▲ +62.16% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Tuya in the last 3 months. The average price target is $2.70, with a high forecast of $2.70 and a low forecast of $2.70. The average price target represents a 62.16% upside from the last price of $1.67.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Tuya. This Buy consensus rating has held steady for over two years.
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.
Read More