Tuya Inc. develops Internet of Things (IoT) cloud platform worldwide. The company provides IoT Platform-as-a-Service that enables brands, original equipment manufacturers, and developers to develop, launch, manage, and monetize smart devices and services; 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 incorporated in 2014 and is based in Hangzhou, the People's Republic of China.
IPO Year: 2021
Exchange: NYSE
Website: https://www.tuya.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2024 | Neutral → Buy | Goldman | |
| 11/29/2023 | Equal-Weight → Overweight | Morgan Stanley | |
| 2/22/2022 | $9.19 → $7.20 | Overweight → Equal-Weight | Morgan Stanley |