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Tuya Inc. (NYSE:TUYA) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Tuya Inc. (NYSE:TUYA) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Tuya Inc.(紐約證券交易所代碼:TUYA)上週公佈了業績,分析師已經上調了預期
Simply Wall St ·  05/22 06:33

It's been a good week for Tuya Inc. (NYSE:TUYA) shareholders, because the company has just released its latest quarterly results, and the shares gained 4.1% to US$2.04. Revenues were US$62m, and Tuya came in a solid 16% ahead of expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

對於Tuya Inc.(紐約證券交易所代碼:TUYA)的股東來說,這是美好的一週,因爲該公司剛剛發佈了最新的季度業績,股價上漲了4.1%,至2.04美元。收入爲6200萬美元,Tuya的收入比預期高出16%。根據結果,分析師更新了他們的盈利模式,很高興知道他們是否認爲公司的前景發生了巨大變化,或者業務是否照舊。根據這些結果,我們收集了最新的法定預測,以了解分析師是否改變了盈利模式。

earnings-and-revenue-growth
NYSE:TUYA Earnings and Revenue Growth May 22nd 2024
紐約證券交易所:TUYA收益和收入增長 2024年5月22日

Taking into account the latest results, the most recent consensus for Tuya from five analysts is for revenues of US$280.5m in 2024. If met, it would imply a meaningful 15% increase on its revenue over the past 12 months. The loss per share is expected to ameliorate slightly, reducing to US$0.07. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$263.4m and losses of US$0.08 per share in 2024. So it seems there's been a definite increase in optimism about Tuya's future following the latest consensus numbers, with a favorable reduction in the loss per share forecasts in particular.

考慮到最新業績,五位分析師對Tuya的最新共識是,2024年的收入爲2.805億美元。如果得到滿足,這意味着其收入在過去12個月中將大幅增長15%。預計每股虧損將略有改善,降至0.07美元。然而,在最新業績公佈之前,分析師一直預測2024年收入爲2.634億美元,每股虧損0.08美元。因此,在最新的共識數據公佈後,人們對Tuya未來的樂觀情緒似乎明顯增強,特別是每股虧損的預測出現了有利的下調。

Despite these upgrades,the analysts have not made any major changes to their price target of US$2.98, implying that their latest estimates don't have a long term impact on what they think the stock is worth. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Tuya analyst has a price target of US$3.50 per share, while the most pessimistic values it at US$2.70. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

儘管進行了這些上調,但分析師並未對2.98美元的目標股價做出任何重大調整,這意味着他們的最新估計不會對他們認爲該股的價值產生長期影響。但是,固定單一價格目標可能是不明智的,因爲共識目標實際上是分析師目標股價的平均值。因此,一些投資者喜歡查看估計範圍,看看對公司的估值是否有任何分歧。最樂觀的Tuya分析師將目標股價定爲每股3.50美元,而最悲觀的分析師則將其估值爲2.70美元。儘管如此,由於估計範圍如此之窄,這表明分析師對他們認爲該公司的價值有了很好的了解。

Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that Tuya is forecast to grow faster in the future than it has in the past, with revenues expected to display 20% annualised growth until the end of 2024. If achieved, this would be a much better result than the 8.3% annual decline over the past three years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 13% annually. So it looks like Tuya is expected to grow faster than its competitors, at least for a while.

當然,看待這些預測的另一種方法是將它們與行業本身聯繫起來。從這些估計中可以看出一件事,那就是預計Tuya未來的增長速度將比過去更快,預計到2024年底,收入將實現20%的年化增長。如果實現,這將比過去三年8.3%的年下降幅度好得多。相比之下,分析師對整個行業的估計表明,(總計)行業收入預計每年將增長13%。因此,看來Tuya的增長速度將超過其競爭對手,至少在一段時間內是如此。

The Bottom Line

底線

The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

要了解的最重要的一點是,分析師重申了明年的每股虧損預期。令人高興的是,他們還上調了收入預期,並預測其增長速度將超過整個行業。共識目標股價沒有實際變化,這表明根據最新估計,該業務的內在價值沒有發生任何重大變化。

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Tuya going out to 2026, and you can see them free on our platform here.

根據這種思路,我們認爲該業務的長期前景比明年的收益重要得多。我們對Tuya的預測將持續到2026年,你可以在我們的平台上免費查看。

It is also worth noting that we have found 1 warning sign for Tuya that you need to take into consideration.

還值得注意的是,我們發現了Tuya的1個警告信號,你需要考慮。

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

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