Tuya Inc has a consensus price target of $12.35, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Morgan Stanley and B of A Securities on November 29, 2023 and May 14, 2021. With an average price target of $12.35 between Morgan Stanley and B of A Securities, there's an implied 662.35% upside for Tuya Inc from these 2 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
11/29/2023 | TUYA | Buy Now | Tuya | $1.62 | 66.67% | Morgan Stanley | Yang Liu | → $2.7 | Upgrade | Equal-Weight → Overweight | Get Alert |
05/14/2021 | TUYA | Buy Now | Tuya | $1.62 | 1258.02% | B of A Securities | Emerson Chan | — | Upgrade | Neutral → Buy | Get Alert |
The latest price target for Tuya (NYSE: TUYA) was reported by Morgan Stanley on November 29, 2023. The analyst firm set a price target for $2.70 expecting TUYA to rise to within 12 months (a possible 66.67% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Tuya (NYSE: TUYA) was provided by Morgan Stanley, and Tuya upgraded their overweight rating.
The last upgrade for Tuya Inc happened on November 29, 2023 when Morgan Stanley raised their price target to $2.7. Morgan Stanley previously had an equal-weight for Tuya Inc.
There is no last downgrade for Tuya.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tuya, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tuya was filed on November 29, 2023 so you should expect the next rating to be made available sometime around November 29, 2024.
While ratings are subjective and will change, the latest Tuya (TUYA) rating was a upgraded with a price target of $0.00 to $2.70. The current price Tuya (TUYA) is trading at is $1.62, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.