TUYA · NYSE · Software - Infrastructure

Tuya (ADR) (TUYA)

Enables brands and developers to build and manage AI-enabled smart devices.

$1.69
After hours−0.08 (−4.52%)
At close$1.77(+2.31%)
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Tuya Inc.TUYA
Information Technology

Providing PaaS, SaaS, and Smart Solutions through an AI-cloud platform. Its developer base includes brands, OEMs, system integrators, and ISVs building and managing AI-enabled smart devices.

Providing PaaS, SaaS, and Smart Solutions through an open AI-cloud developer platform. The platform supplies shared infrastructure, ready-to-use software, development tools, and services that help brands, OEMs, system integrators, ISVs, and other developers build and manage AI-enabled smart devices and solutions.

Based in Hangzhou, the business serves a global developer community rather than operating as a single consumer-device brand. Recent product development has added AIoT Engine, Tuya.AI, and TuyaOpen to its developer tools, alongside conventional IoT use cases. Its operating model rests on developers using shared platform capabilities across device development and management.

Company facts

CEOXueji (Jerry) Wang
ListedMar 19, 2021
ExchangeNYSE
HeadquartersHangzhou, Zhejiang, China
CountryChina
Employees1,441
CIK0001829118
ISINUS90114C1071

Market cap$1.06B
EPS (ttm)$0.1374
P/E (ttm)12.59
ROE8.3%
P/B1.03
P/S2.51
Dividend yieldDiv yield6.62%
Beta1.28vs XLK −0.21

Price target$3.59+104.3%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Mar 3, 2026JefferiesTarget
Target: $3.61
Target: $3.69
Nov 25, 2025JefferiesTarget
Target: $3.49
Target: $3.61

Next report
Nov 23, 26
in 62 days
EPS estimate
$0.03
Revenue estimate
$95.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.04$0.03$0.03$0.03$0.03$0.03$0.03Pending
Estimate$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03
Surprise+60.0%+50.0%0.0%0.0%0.0%0.0%0.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$82.1M$74.7M$80.1M$82.5M$84.5M$80.9M$92.9MPending
Estimate$79.7M$73.0M$78.4M$81.6M$79.5M$80.7M$87.8M$95.8M
Surprise+3.0%+2.2%+2.2%+1.1%+6.2%+0.3%+5.8%
Estimate$0.03
ReportedDue Nov 23, 2026
Estimate$95.8M
ReportedDue Nov 23, 2026
View details

Debt to equity0.90%
Current ratio874.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$81.6M$82.1M$74.7M$80.1M$82.6M$84.9M$81.1M$173.8M
Net income−$4.4M$9.8M$11.0M$12.6M$15.0M$19.4M$15.8M$34.4M
Net margin0.0%11.9%14.8%15.8%18.1%22.9%19.5%19.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$17.1M−$3.8M−$1.5M$1.1M$540.6K$5.5M$4.2M$16.8M
YoY growthLoss narrowedLoss narrowedLoss narrowedTurned profitTurned profitTurned profitTurned profit+1,442.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $979.9M · Total debt $9.3M · Total assets $1.17B · Shareholders' equity $1.03B

Revenue
$173.8M
Operating income
$16.8M
Net income
$34.4M
View details

Dividend yield
6.62%
Next ex-date
Mar 18, 27
estimated · in 177 days
Annual dividend
$0.11
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Mar '25Sep '25Mar '26
Dividend$0.05$0.054$0.0605
Annual yield1.27%3.95%5.02%
Ex-dateMar 13Sep 11Mar 18
Payment dateApr 15Oct 20Apr 21
View details

Institutions48.86%299.59M ADS
72 holders · as of Jun 30, 2026
Insiders21.54%132.07M ADS
5 holders · as of Jul 8, 2026
Strategic holders9.51%58.30M ADS
1 holder · as of Mar 29, 2021
Other20.09%123.15M ADS
remainder

613.11M ADS as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Anchor @ 65 Pte. Ltd.Institution
24.34%74.63M A ADS · 74.63M A ADSas of Jun 30, 2026
xueji wang1,2Insiderdirector, officer: CEO
19.36%43.35M B ordinaryfiled May 13, 2025
Tencent Holdings LimitedStrategic
9.51%58.30Mfiled Mar 29, 2021
New Enterprise Associates 14, L.P.Institution
6.44%39.46Mfiled Feb 14, 2025
FIL LtdInstitution
4.81%14.76M A ADS · 14.76M A ADSas of Jun 30, 2026
  1. xueji wang reports a block also reported by D. E. Shaw & Co., Inc.; it is counted once, under D. E. Shaw & Co., Inc.
  2. The filed share classes (B) could not be matched to the company's, so no percentage.

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Amazon

    Cloud IoT connectivity, fleet management, and edge runtime overlap

  • Microsoft

    Cloud-to-edge device operations and developer tooling overlap

  • Alibaba Group (ADR)

    China-focused device-cloud platform and lifecycle services overlap

CompareAfter hours

CompanyPriceChange
Tuya (ADR)$1.69−4.52%$1.06B12.62.5+16.0%
Amazon$255.10+0.03%$2.78T20.827.33.6+19.6%
Microsoft$500.82+0.55%$3.72T27.925.411.2+17.8%
Alibaba Group (ADR)$116.94+0.56%$277.46B26.317.71.8+14.7%
Median26.325.43.6+17.8%