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TUYA(TUYA)
TUYA
Earnings in 12 days · May 11, 2026 · After close
Signal
Bearish Setup3↓
PRICE
Prev Close
2.28
Open
2.28
Day Range2.23 – 2.28
2.23
2.28
52W Range1.99 – 2.95
1.99
2.95
26% of range
VOLUME & SIZE
Avg Volume
1.7M
FUNDAMENTALS
P/E Ratio
24.9x
EPS (TTM)
—
Div Yield
No dividend
Beta
1.86
High vol
Performance
1D
-2.98%5D↓
-4.20%1M
-2.15%3M
+6.05%6M
-0.87%YTD↑
+8.06%1Y
+2.70%Best: YTD (+8.06%)Worst: 5D (-4.20%)
Quick Read
Trend—Insufficient MA data
Momentum
BULLISH
revenue +8% YoY · 48% gross marginValuation
FAIR
P/E 25x vs ~20x sectorHealth
MODERATE
CR 9.6 · FCF negativeBullish
Key MetricsTTM
Market Cap$1.38B
Revenue TTM$322.27M
Net Income TTM$58.02M
Free Cash Flow$0.00
Gross Margin48.2%
Net Margin18.0%
Operating Margin1.8%
Return on Equity5.8%
Return on Assets5.1%
Debt / Equity0.01
Current Ratio9.63
EPS TTM$0.09
Alpha SignalsFull Analysis →
What Moves This Stock
Quarterly IoT device activation volumes and year-over-year growth rates - indicates platform adoption momentum
Revenue per activated device trends - signals pricing power and value-added service attach rates
Geographic revenue mix shifts, particularly China versus international markets given regulatory and competitive dynamics
Operating margin trajectory and timeline to sustained profitability given current -16% operating margin
Macro Sensitivity
Economic Cycle
high - Tuya's revenue directly correlates with consumer discretionary spending on smart home devices and commercial real estate investment in building automation. During economic slowdowns, manufacturers reduce IoT-enabled product launches and consumers defer smart device purchases, compressing both new device activations and recurring service revenue. Industrial production indices and retail sales trends serve as leading indicators for platform demand.
Interest Rates
Rising interest rates negatively impact Tuya through multiple channels: (1) higher discount rates compress valuation multiples for unprofitable growth software companies, (2) reduced consumer financing availability for smart home purchases decreases end-market demand, (3) manufacturing customers face higher working capital costs reducing IoT investment budgets. However, Tuya carries zero debt, eliminating direct financing cost exposure. The primary impact manifests through demand destruction and multiple compression rather than balance sheet stress.
Key Risks
Hyperscaler vertical integration - Amazon, Google, and Apple expanding proprietary IoT ecosystems (Alexa Connect Kit, Google Home, Matter protocol) could disintermediate third-party platforms, particularly for high-volume device categories
China regulatory environment - data localization requirements, cross-border data transfer restrictions, and potential government intervention in cloud services create operational uncertainty for China-based platform provider
Commoditization of IoT connectivity - open-source alternatives (Home Assistant, OpenHAB) and standardization efforts (Matter/Thread protocols) may erode pricing power for basic device connectivity services
Investor Profile
growth - Investors focus on 30% revenue growth, expanding TAM in IoT connectivity (projected $1T+ market), and operating leverage potential as company approaches profitability inflection. Recent 108% net income growth and positive free cash flow generation attract growth-at-reasonable-price investors seeking exposure to China technology recovery and global IoT adoption trends. However, -28% one-year return reflects valuation compression affecting unprofitable software names.
Watch on Earnings
USD/CNY exchange rate (DEXCHUS) - impacts reported revenue given China concentration and translation effectsUS and China retail sales trends - leading indicators for smart home device demand and manufacturer order volumesFederal Funds Rate and 10-Year Treasury yield - drive valuation multiples for unprofitable growth software stocksConsumer sentiment indices - correlate with discretionary smart device purchase decisions
Health Radar
3 strong3 concern
54/100Liquidity
9.63Strong
Leverage
0.01Strong
Coverage
0.0xConcern
ROE
5.8%Concern
ROIC
0.5%Concern
Cash
$891MStrong
ANALYST COVERAGE2 analysts
Stock Health
Composite Score
2 of 5 signals bullish
3/10
Technicals
●
✗RSI RangeRSI 43 — Bearish momentum
Volume
●
✗Volume FlowLean Distribution — selling pressure
Fundamentals
●
✗Last EarningsMissed estimates
●
✓Analyst ConsensusBuy
●
✓LiquidityCurrent Ratio 9.63 — healthy liquidity
Upcoming Events
EEarnings Report · Before OpenApr 30, 2026
Tomorrow
DEx-Dividend DateJul 28, 2026
In 90 days
PDividend PaymentAug 3, 2026
In 96 days
FinancialsFull statements →
Technicals
Technical SignalsBEARISH
Technicals →2 Buy4 Sell1 Neutral7 signals
SellNeutralBuy
| Indicator | Value | Signal | Strength |
|---|---|---|---|
| RSI (14) | 42.5 | —NEUTRAL | 15% |
| SMA 50↓ RES | $2.26 | ▼BEARISH | 48% |
| SMA 200↓ RES | $2.42 | ▼BEARISH | 32% |
| EMA 50 | $2.32 | ▼BEARISH | 41% |
| EMA 200 | $2.18 | ▲BULLISH | 56% |
| MA Trend | 50D < 200D | ▼DEATH X | 30% |
| MACD | +0.02 | ▲BULLISH | 50% |
Key Levels
Resistance
SMA 50$2.260.7%
SMA 200$2.427.3%
Support
None belowMarket Position
Price Levels
52W High
$2.94+31.5%
EMA 50
$2.32+3.6%
Current
$2.24
EMA 200
$2.18-2.5%
52W Low
$1.99-11.2%
52-Week RangeMid-range
$1.9926th %ile$2.94
RSI (14)42.5
Momentum neutral-to-bearish
Squeeze SetupVolume-based
No Clear SetupVolume distribution is neutral or leaning toward distribution. No compelling squeeze setup based on current money flow data.
20-Day Money Flow
Acc days:3
Dist days:2
Edge:+1 acc
Volume Context
Avg Vol (50D)2.2M
Recent Vol (5D)
2.1M-7%
Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.
Earnings & Analysts
ANALYST ESTIMATES
Consensus of 3 analysts
Analyst revisions:EPS↑ Revised UpRevenue↓ Revised Down
Analyst consensus estimates · Actuals replace estimates as reported
| Year | Revenue Est. | Rev Gth | EPS Est. | EPS Gth | Range | Analysts |
|---|---|---|---|---|---|---|
FY2025 | $318.6M $313.5M–$322.9M | — | $0.13 | — | ±2% | Low2 |
FY2026(current) | $358.9M $353.1M–$363.7M | ▲ +12.7% | $0.13 | ▼ -2.0% | ±2% | Moderate3 |
FY2027 | $401.7M $395.2M–$407.1M | ▲ +11.9% | $0.13 | ▲ +6.0% | ±2% | Moderate3 |
Range confidence:Tight (high)ModerateWide (low)
Earnings HistoryTUYA
Last 8Q
-59.7%avg beat
Beat 0 of 8 quartersMissed 6↑ Estimates rising-70%
Q3'23
-163%
Q2'24
-74%
Q3'24
-131%
Q4'24
-9%
Q2'25
-31%
Q3'25
—
Q4'25
—
Q1'26
Beat
Miss
Estimate
Deeper color = bigger beat/miss
* Negative EPS shown at reduced heightFinancials
Dividends5.08% yield
+3.6% avg annual growthAnnual Yield5.08%
Semi-Annual Div.$0.0605
Est. Annual / Share$0.12
FrequencySemi-Annual
Q3'24
Q1'25
Q3'25
Q1'26
Dividend per payment — last 4 periods
INSTITUTIONAL OWNERSHIP
1
Pictet Asset Management Holding SA
140K▼2
SG Americas Securities, LLC
55K▲3
SBI Securities Co., Ltd.
6K▲4
JNBA Financial Advisors
2K—5
QRG CAPITAL MANAGEMENT, INC.
0▼6
Anchor @ 65 Pte. Ltd.
74.6M—7
FIL Ltd
8.9M▲8
BlackRock, Inc.
5.4M▲News & Activity
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About
Tuya Inc. is the largest IoT PaaS business in the global market of IoT PaaS in terms of the volume of smart devices powered, according to CIC. Tuya has pioneered a purpose-built IoT cloud platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers. Tuya's IoT PaaS currently enables businesses and developers to develop smart devices in more than 1,100 categories sold across over 220 countries and regions globally. In 2020, Tuya powered over 116.5 million smart devices. As of December 31, 2020, there were approximately 204.3 million smart devices powered by Tuya. Tuya is also attracting an increasing number of Industry SaaS customers. Together as a team, Tuya has a vision that in the era of Internet of Things, or IoT, every
Liaohan ChenFounder, Co-Chairman & President
Yan ZhangVice President of Finance & Executive Director
Peers— —(7 companies)
Screen sector →| Symbol | Price | Day % | Mkt Cap↓ | P/E | Rev Grw | Margin | ELO |
|---|---|---|---|---|---|---|---|
TUYA◀ | $2.24 | -2.98% | $1.4B | 24.1 | +804.5% | 1799.0% | 1500 |
| $393.83 | -3.12% | $2.0T | 29.8 | +3296.8% | 4510.0% | 1500 | |
| $89.28 | +0.00% | $311.7B | — | — | — | 1500 | |
| $130.45 | -1.28% | $303.7B | — | +586.3% | — | 1500 | |
| $185.20 | -0.96% | $289.4B | — | — | — | 1500 | |
| $142.94 | +0.00% | $280.9B | — | +597.3% | — | 1500 | |
| $191.26 | +0.42% | $251.5B | 11.0 | +652.3% | 992.0% | 1500 | |
| Sector avg | — | -1.13% | — | 21.6 | +1187.4% | 2433.7% | 1500 |