With the stabilizing macroeconomic environment and normalizing downstream inventory levels, the industry is currently on a positive trajectory, the company said.
With the stabilizing macroeconomic environment and normalizing downstream inventory levels, the industry is currently on a positive trajectory, the company said.
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| 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 |
6-K - Tuya Inc. (0001829118) (Filer)
6-K - Tuya Inc. (0001829118) (Filer)
6-K - Tuya Inc. (0001829118) (Filer)
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE:TUYA, HKEX: 2391)), a global cloud platform service provider, in partnership with Biosphere 3, successfully hosted a side event titled "Sustainable Communities and Technology Applications" in the COP29 Blue Zone. The company also participated in an additional side event "Energy Transition: Challenges and Opportunities". These engagements explored the innovative applications of smart technology in energy transition and carbon reduction, emphasizing its potential to transform various areas of life and production. Through these efforts, Tuya aims to collaborate with global partners to foster greener, more sustainable, and prosperous commu
SANTA CLARA, Calif., Nov. 18, 2024 /PRNewswire/ -- Tuya, Inc. ("Tuya" or the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") (NYSE:TUYA, HKEX: 2391)), a global leading cloud platform service provider, today announced that the board (the "Board") of directors of the Company has appointed Ms. Zhang Yan ("Ms. Zhang") to serve as a director with immediate effect. Ms. Zhang has been serving as the vice president of finance of the Company and several major subsidiaries since January 2021. Ms. Zhang is responsible for the finance of the Group. Prior to joining the Company, Ms. Zhang worked at Ernst & Young Hua Ming LLP from December 2009 to January 2021
SANTA CLARA, Calif., Nov. 18, 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 third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total revenue was US$81.6 million, up approximately 33.6% year over year (3Q2023: US$61.1 million).IoT platform-as-a-service ("PaaS") revenue was US$57.9 million, up approximately 26.4% year over year (3Q2023: US$45.8 million).Software-as-a-service ("SaaS") and others revenue was US$9.9 million, up approximately 16.7% year over year (3Q2023: US$8.5 million).Smart solution revenue was US$13.8 milli
Goldman upgraded Tuya from Neutral to Buy
Morgan Stanley upgraded Tuya from Equal-Weight to Overweight
Morgan Stanley downgraded Tuya from Overweight to Equal-Weight and set a new price target of $7.20 from $9.20 previously
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE:TUYA, HKEX: 2391)), a global cloud platform service provider, in partnership with Biosphere 3, successfully hosted a side event titled "Sustainable Communities and Technology Applications" in the COP29 Blue Zone. The company also participated in an additional side event "Energy Transition: Challenges and Opportunities". These engagements explored the innovative applications of smart technology in energy transition and carbon reduction, emphasizing its potential to transform various areas of life and production. Through these efforts, Tuya aims to collaborate with global partners to foster greener, more sustainable, and prosperous commu
SANTA CLARA, Calif., Nov. 18, 2024 /PRNewswire/ -- Tuya, Inc. ("Tuya" or the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") (NYSE:TUYA, HKEX: 2391)), a global leading cloud platform service provider, today announced that the board (the "Board") of directors of the Company has appointed Ms. Zhang Yan ("Ms. Zhang") to serve as a director with immediate effect. Ms. Zhang has been serving as the vice president of finance of the Company and several major subsidiaries since January 2021. Ms. Zhang is responsible for the finance of the Group. Prior to joining the Company, Ms. Zhang worked at Ernst & Young Hua Ming LLP from December 2009 to January 2021
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- From November 11 to 22, 2024, the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) is set to commence in Baku, the capital of Azerbaijan. Tuya Smart (NYSE:TUYA, HKEX: 2391)), a leading global cloud platform service provider, is poised to make a significant appearance at this pivotal event, representing the technology sector. The company will host and participate in a series of high-level events within the COP29 blue and green zones, collaborating with international partners to tackle the pressing challenges of climate change and promote sustainable development for human society. This year's COP29 will
Tuya Inc (NYSE:TUYA) shares are trading higher by 7% to $2.13 during Tuesday’s session. The company announced that it joined the United Nations Global Compact (UNGC). The company says this move highlights Tuya’s commitment to its “Ten Principles” on human rights, labor, environment and anti-corruption. This membership also highlights Tuya’s dedication to corporate social responsibility and sustainable development, leveraging technologies like generative AI. The UNGC, initiated in 2000, is the largest international organization promoting corporate sustainability, with over 24,000 participants from nearly 170 countries. See Also: US Markets Shift To T+1 Settlement Tuesday: How Will I
Gainers Oblong (NASDAQ:OBLG) stock moved upwards by 24.4% to $0.22 during Tuesday's pre-market session. The market value of their outstanding shares is at $4.4 million. CS Disco (NYSE:LAW) shares increased by 20.44% to $7.54. The company's market cap stands at $452.2 million. Tuya (NYSE:TUYA) shares moved upwards by 7.03% to $2.13. The market value of their outstanding shares is at $1.2 billion. Banzai International (NASDAQ:BNZI) stock rose 6.78% to $0.2. The company's market cap stands at $4.4 million. Sobr Safe (NASDAQ:SOBR) shares moved upwards by 6.66% to $0.24. The market value of their outstanding shares is at $4.7 million. Infobird Co (NASDAQ:IFBD) stock increased by 6.32% to $4
SANTA CLARA, Calif., Nov. 18, 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 third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total revenue was US$81.6 million, up approximately 33.6% year over year (3Q2023: US$61.1 million).IoT platform-as-a-service ("PaaS") revenue was US$57.9 million, up approximately 26.4% year over year (3Q2023: US$45.8 million).Software-as-a-service ("SaaS") and others revenue was US$9.9 million, up approximately 16.7% year over year (3Q2023: US$8.5 million).Smart solution revenue was US$13.8 milli
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. Tuya's management will hold a conference call at 07:30 P.M. Eastern Time on Monday, November 18, 2024 (08:30 A.M. Hong Kong Time on Tuesday, November 19, 2024) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive the dial-in information and a
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. Declaration of Special Dividend and Record Date On August 26, 2024, the Board has approved the declaration and distribution of a special dividend (the "Special Dividend") of US$0.0589 per ordinary share, or US$0.0589 per ADS, to such holders as at the close of business on September 11, 2024, Hong Kong Time and New York Time, respectively. The aggregate amount of the Special Dividend will be approximatel
SC 13G/A - Tuya Inc. (0001829118) (Subject)
SC 13G/A - Tuya Inc. (0001829118) (Subject)
SC 13G/A - Tuya Inc. (0001829118) (Subject)