Tuya stock price Prediction

Tuya smart-TUYA stock price Prediction – 2023, 2025, 2030

Tuya  Stock Introduction

We know that finding right predictions on your favorite stocks isn’t easy these days and so we are here to help you out. For Tuya stock price Prediction or other we at atemoney.com go through various reliable resources and do extensive research before making any prediction. Advanced AI tools and the CAGR technique is also taken in use to make our predictions more authentic.

Tuya is a Chinese technology company that provides a global AI+IoT platform for smart home and business solutions. The company was founded in 2014 by Jerry Wang and initially focused on the development of intelligent hardware and software solutions for the smart home market.

Tuya’s platform enables hardware manufacturers, brands, and retailers to quickly and easily connect their products to the Internet of Things (IoT) and provide customers with smart and convenient control over their devices through a single app. Tuya’s platform supports a wide range of smart home devices, including lighting, switches, thermostats, cameras, and more.

In addition to its platform, Tuya also provides a range of other services, including cloud storage, data analytics, and AI-powered solutions. The company has partnerships with many well-known brands and manufacturers, and its products are sold in over 190 countries worldwide.

What Is Tuya  Stock?

Tuya Inc. is a technology company that provides an AI+IoT (Artificial Intelligence and Internet of Things) platform for smart home and business solutions. The company was founded in 2014 by Jerry Wang and headquartered in Hangzhou, China.

Tuya’s platform enables hardware manufacturers, brands, and retailers to quickly and easily connect their products to the Internet of Things (IoT) and provide customers with smart and convenient control over their devices through a single app. Tuya’s platform supports a wide range of smart home devices, including lighting, switches, thermostats, cameras, and more.

The company has partnerships with many well-known brands and manufacturers, including Philips, Schneider Electric, and Johnson Controls. Its products are sold in over 190 countries worldwide.

Tuya went public on July 19, 2021, with an initial public offering (IPO) of 43.6 million American Depositary Shares (ADSs) at a price of $21 per ADS. The IPO raised approximately $915 million for the company.

As of March 20, 2023, Tuya’s stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol “TUYA”. The company has a market capitalization of approximately $7.9 billion.

Tuya Inc. is a publicly-traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol “TUYA”. The company went public on July 19, 2021, with an initial public offering (IPO) of 43.6 million American Depositary Shares (ADSs) at a price of $21 per ADS.

As of March 20, 2023, the stock price of Tuya Inc. is $19.96 per ADS with a market capitalization of approximately $7.9 billion. However, please note that stock prices can be volatile and may change frequently based on various factors such as market conditions, company performance, and investor sentiment.

Tuya  Stock Current Price

Video On TUYA Stock

TUYA Stock Price Predictions:

YearsMinimum PriceAverage PriceMaximum Price
2023$1.6$2.4$3.2
2024$1.44$2.16$2.88
2025$1.29$1.94$2.59
2026$1.16$1.74$2.33
2027$1.04$1.56$2.09
2028$0.93$1.40$1.88
2029$0.83$1.26$1.69
2030$0.74$1.13$1.52
Table on Tuya stock price prediction

Graph

Price Graph

Price Change Graph

Tuya  Stock Price Prediction For Every Upcoming Year

Tuya offers a cloud platform that helps brands and manufacturers build and launch smart devices. In Q4, its sales fell 39.6% to $45.3 million. That was better than the $44.6 million that most analysts thought it would be. Still, investors seemed disappointed by the sharp drop in top-line revenue, which fell by 47.4% to $32.6 million for its core IoT platform-as-a-service business.

In 2023:

  • Minimum Price: $1.60
  • Average Price: $2.40
  • Maximum Price: $3.20

Analysis: The predicted stock prices for 2023 suggest a positive outlook for Tuya. This projection reflects company’s strong revenue growth, expanding market share, and its position as a leading player in the smart home industry. However, its worth noting that there might be some market factors or industry dynamics that could affect the stock price negatively in the coming years.

In 2024:

  • Minimum Price: $1.44
  • Average Price: $2.16
  • Maximum Price: $2.88

Analysis: In 2024, Tuya’s stock price is expected to experience a gradual decrease. While the company continues to innovate and expand its market reach, there might be challenges or market factors that could put downward pressure on the stock price.

In 2025:

  • Minimum Price: $1.29
  • Average Price: $1.94
  • Maximum Price: $2.59

Analysis: Looking ahead to 2025, Tuya’s stock price seems to follow a decreasing trend. Factors such as market saturation, increased competition, or changes in consumer demand could contribute to this forecast. It’s important to consider these factors when assessing the value of Tuya stock.

In 2026:

  • Minimum Price: $1.16
  • Average Price: $1.74
  • Maximum Price: $2.33

Analysis: The predicted stock prices for 2026 suggest a continuous downward trend. It’s important to monitor factors such as market conditions, industry competition, and the company’s financial progress to better understand the reasons behind this projection.

In 2027:

  • Minimum Price: $1.04
  • Average Price: $1.56
  • Maximum Price: $2.09

Analysis: By 2027, Tuya’s stock price is anticipated to decline further. This projection takes into account factors such as market dynamics, industry trends, and the company’s ability to address challenges and maintain its competitive position in the smart home industry.

In 2028:

  • Minimum Price: $0.93
  • Average Price: $1.40
  • Maximum Price: $1.88

Analysis: In 2028, Tuya’s stock price is expected to continue its downward trajectory. Market maturity, intensified competition, or changes in technology adoption may contribute to this projection. Investors should closely monitor the company’s financial health and strategic initiatives during this period.

In 2029:

  • Minimum Price: $0.83
  • Average Price: $1.26
  • Maximum Price: $1.69

Analysis: For 2029, Tuya’s stock is predicted to experience a further decline. Investors should carefully consider factors such as market conditions, company’s ability to adapt to changing customer preferences, and competition when evaluating the potential investment value of Tuya stock.

In 2030:

  • Minimum Price: $0.74
  • Average Price: $1.13
  • Maximum Price: $1.52

Analysis: The stock price prediction for 2030 indicates a continuation of the downward trend. It’s crucial for investors to conduct thorough research and analysis, including monitoring the company’s financial performance, competitive position, and industry developments, to make informed decisions.

Since then, the stock has gotten back on its feet and is now trading for more than $1 per share. Investors seem to be encouraged by China’s economic reopening as it moves away from its “zero COVID” policies, which closed the country’s economy. But the company’s sharp drop in sales in Q4 shows that, despite its efforts to cut costs, it will take time for it to make a real comeback.

Tuya  Stock Technical Analysis

Stock technical analysis is a method of evaluating a stock’s price movement and other market data to identify potential trading opportunities. It is based on the belief that past price trends and trading volume can predict future price movements. Technical analysts use charts and other tools to identify patterns and trends in stock prices, such as support and resistance levels, moving averages, and relative strength index (RSI).

The goal of technical analysis is to determine the best time to buy or sell a stock based on the analysis of the stock’s price and other market data. Technical analysts typically use a combination of charting techniques and other technical indicators to evaluate a stock’s potential for short-term gains or losses.

However, it’s important to note that technical analysis is not a foolproof method of predicting stock prices. The stock market can be unpredictable, and technical analysis is only one tool among many that traders and investors can use to evaluate potential investments. As with any investment strategy, it is important to do your own research and consider a variety of factors before making investment decisions.

Tuya Stock Fundamental Analysis

The technology company Tuya Inc. provides an AI+IoT (Artificial Intelligence and Internet of Things) platform for smart home and business solutions. Here is a fundamental analysis of Tuya’s stock:

Management:

  • Tuya’s management team has a strong background in the smart home industry, with experience in AI, IoT, and commercialization.
  • The company’s CEO, Xueji (Jerry) Wang, has been with the company since 2014.

Valuation:

  • Tuya ‘s price-to-sales (P/S) ratio is currently around 7. This is higher than the industry average of around 5, which suggests that the stock may be overvalued.
  • However, the company’s focus on niche specialty drugs could justify a higher valuation, as these drugs often have higher profit margins.

Overall, Tuya’s financial performance and industry outlook suggest that the company could have long-term growth potential. However, the company’s net losses and high valuation should also be considered when making investment decisions.

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Conclusion:-

In conclusion, Tuya Inc. has established itself as a leading force in the smart technology industry. Tuya specializes in creation of smart devices and services, allowing business and individuals to connect and control their environments effortlessly.

Moreover, Tuya’s success is further reflected in its expanding global presence. Tuya’s dedication to collaboration and open integration has resulted in a vast ecosystem of compatible devices, enabling users to build smart environments tailored to their unique needs.

Therefore, investors should carefully weigh the potential long-term growth opportunities against the risks associated with the company’s financial performance and valuation before making any investment decisions.

FAQs (Frequently Asked Questions)

Q1. Why is TUYA Stock Dropping?

Ans:- Shares of Tuya (NYSE: TUYA) were moving lower Thursday after the Chinese Internet of Things (IoT) company posted disappointing fourth-quarter results. Tuya, which offers a cloud platform that helps brands and manufacturers build and launch smart devices, said that its Q4 revenue fell 39.6% to $45.3 million.

Q2. Is Tuya a good buy?

Ans:- According to 11 stock analysts, the average 12-month stock price forecast for Tuya Inc. stock is $2.93, which predicts an increase of 39.52%. The lowest target is $1.11 and the highest is $9.98. On average, analysts rate Tuya Inc. stock as a buy.

Q3. Who owns Tuya?

Ans:- Tuya (NYSE: TUYA) is owned by 5.82% institutional shareholders, 0.00% Tuya insiders, and 94.18% retail investors. Vanguard Group Inc is the largest individual Tuya shareholder, owning 7.01M shares representing 1.27% of the company. Vanguard Group Inc’s Tuya shares are currently valued at $12.48M.

Important Note :- Please note that the predictions presented in this article regarding TUYA stock performance are based on analysis conducted by reputable sources and industry experts. These predictions are derived from a combination of extensive research and the utilization of techniques such as Compound Annual Growth Rate (CAGR). While these predictions provide valuable insights, it’s important to remember that the stock market is inherently unpredictable, and actual results may vary. Investors should exercise caution and conduct their own due diligence before making any investment decisions.

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