Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
ChinaIPO:
19 March 2021Website:
http://www.tuya.comNext earnings report:
28 November 2024Last dividends:
11 September 2024Next dividends:
N/APrice
pre-market | 12 min agoAnalysts recommendations
Institutional Ownership
TUYA Latest News
SANTA CLARA, Calif. , Nov. 5, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its third quarter 2024 unaudited financial results after the market closes on Monday, November 18, 2024.
My Buy rating for Tuya Inc. is unchanged, considering the potential for an improvement in the company's future financial performance and capital return. Tuya's recent special dividend distribution increases the likelihood of the company paying out recurring dividends in the coming years. I expect Tuya to achieve faster revenue growth and profit margin expansion going forward, considering the favorable change in the client mix and the positive effects of operating leverage.
The shares of several Chinese technology companies experienced significant declines. Notably, Tuniu (TOUR, Financial) dropped by nearly 8%, and Tiger Securities (TIGR) saw a decrease of close to 7%.
Tuya (TUYA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Tuya (TUYA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that Ms.
SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that the board of directors of the Company (the "Board") has approved the declaration of a special cash dividend.
SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced its unaudited financial results for the second quarter ended June 30, 2024 and the declaration of a special cash dividend.
NEW YORK , Aug. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading global cloud platform service provider, has been selected for Gartner's prestigious "Hype Cycle for Smart City and Sustainability in China, 2024" for the third consecutive year. This recognition highlights the maturity and potential of smart city and sustainable development technologies, as well as their significant market impact.
Tuya Inc. is a leader in the smart home and IoT sector, utilizing advanced smart lighting solutions and generative AI technology. Despite competition from big companies like Google and Amazon, Tuya's strategic alliances and innovation make it resilient and poised for growth. Tuya's financial performance shows significant revenue growth and improved profitability, with my forecasts indicating an 18% rise in revenue and a positive valuation.
- 1(current)
What type of business is Tuya?
Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, 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 cloud-based software value-added services that provides end users with smart features, such as cloud storage; and Cube Smart Private Cloud Solution which enables conglomerates to build their own autonomous and controllable IoT platforms; and could-based services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company provides smart solutions for IoT devices that integrates software capabilities; and enables developers to activate an IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a range of smart devices, as well as sells finished smart devices. It offers its solutions to smart home, smart business, renewable energy, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.
What sector is Tuya in?
Tuya is in the Technology sector
What industry is Tuya in?
Tuya is in the Software Infrastructure industry
What country is Tuya from?
Tuya is headquartered in China
When did Tuya go public?
Tuya initial public offering (IPO) was on 19 March 2021
What is Tuya website?
https://www.tuya.com
Is Tuya in the S&P 500?
No, Tuya is not included in the S&P 500 index
Is Tuya in the NASDAQ 100?
No, Tuya is not included in the NASDAQ 100 index
Is Tuya in the Dow Jones?
No, Tuya is not included in the Dow Jones index
When was Tuya the previous earnings report?
No data
When does Tuya earnings report?
The next expected earnings date for Tuya is 28 November 2024