How Does Tuya Inc (TUYA) Stock Rank on Wall Street Tuesday?

Wall Street is positive on Tuya Inc (TUYA). On average, analysts give TUYA a Hold rating. The average price target is $2.4, which means analysts expect the stock to gain by 48.15% over the next twelve months. That average ranking earns TUYA an Analyst Rating of 6, which is better than 6% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating TUYA a Hold today. Find out what this means to you and get the rest of the rankings on TUYA!

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Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Tuya Inc Stock Today?

Tuya Inc (TUYA) stock has gained 5.56% while the S&P 500 is down -0.08% as of 12:44 PM on Tuesday, Aug 22. TUYA is up $0.09 from the previous closing price of $1.53 on volume of 252,186 shares. Over the past year the S&P 500 has gained 6.24% while TUYA is up 15.71%. TUYA lost -$0.20 per share the over the last 12 months. Click Here to get the full Stock Report for Tuya Inc stock.