HKG:2391

Jefferies Adjusts Tuya's Price Target to HK$30.33 From HK$28.99, Keeps at Buy

Tuya's Q1 Profit Jumps 43%

Tuya (HKG:2391) recorded $15.8 million in attributable profit for the first quarter of 2026, up 43% from $11 million a year earlier, according to a Tuesday filing with the Hong Kong bourse.Earnings per share were $0.03, compared with $0.02 in the prior year period. Analysts at Visible Alpha expected $0.03.Revenue jumped 8.3% year on year to $80.9 million, figures showed. Analysts at Visible Alpha forecasted $79.4 million.