Is Tuya Inc. (NYSE:TUYA) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Tuya Inc. at current levels.
A profitable Chinese IoT platform trading at 3x EV/EBITDA with $436K FCF turning into real cash as device attach rates compound.
Where TUYA is headed
Tuya sits in an odd corner of the market. It's a Chinese-listed IoT platform company that most US investors won't touch because of the country-of-origin tax, trading at roughly book value, generating cash, growing revenue 16% a year, and operating in one of the few software categories that actually benefits from the AI buildout at the edge rather than competing with it. The company connects the invisible plumbing (fine, the invisible wiring) behind smart bulbs, smart locks, smart thermostats, smart AC units, and increasingly, the industrial sensors that run commercial buildings and solar installations. Every connected device shipped by a Tuya-powered OEM becomes a recurring data and services relationship.
Read the full Compass Direction on TUYA
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $1.70).
See the full TUYA analysisGet calls like this, free
Join the Alexandria e-letter for forward-looking verdicts, earnings intelligence, and the contrarian reads the crowd misses. Twice a week, no noise.
Free forever. Unsubscribe anytime. We never share your email.
Frequently asked questions
Is Tuya Inc. (NYSE:TUYA) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Tuya Inc. at current levels. A profitable Chinese IoT platform trading at 3x EV/EBITDA with $436K FCF turning into real cash as device attach rates compound.
What is TUYA's Compass Score?
Tuya Inc. scores 79/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for TUYA?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the TUYA page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.