Tuya Details December 2025 Share Capital Movements and Equity Incentive Activity

Tuya ( (TUYA) ) has shared an announcement.

On January 7, 2026, Tuya Inc. reported to the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange the movements in its share capital for December 2025, confirming that its total authorised share capital remained at 1 billion WVR ordinary shares (Class A and B combined) with an aggregate par value of USD 50,000. During December 2025, Tuya’s issued Class A share count increased modestly by 56,250 shares to 541,364,923, driven mainly by the vesting of restricted share units under its 2015 Equity Incentive Plan, while 59,097 options were exercised and settled using shares already held by the company’s depositary bank rather than new issuances, and 5,400 Class A shares were repurchased on December 30 and 31 but had not yet been cancelled by month‑end. The filings also show that, as of December 31, 2025, Tuya had granted restricted share units representing 2,718,875 Class A shares under the 2015 plan and 339,000 Class A shares under the 2024 Share Scheme, with a further 57,080,259 shares available to be issued or transferred upon future exercises or vesting, highlighting the scale of its equity-based compensation and the potential for future dilution alongside ongoing share repurchase activity.

The most recent analyst rating on (TUYA) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Tuya stock, see the TUYA Stock Forecast page.

Spark’s Take on TUYA Stock

According to Spark, TipRanks’ AI Analyst, TUYA is a Neutral.

Tuya’s overall stock score reflects its strong financial position and promising cash flow, balanced by challenges in profitability and mixed technical indicators. The earnings call provided positive insights into profitability and AI integration, but highlighted minimal revenue growth and uncertainties in demand.

To see Spark’s full report on TUYA stock, click here.

More about Tuya

Tuya Inc. is a Cayman Islands–incorporated company headquartered in Hangzhou, China, and listed in Hong Kong under stock code 2391 as a weighted voting rights (WVR) issuer. The company has Class A WVR ordinary shares listed on the Hong Kong Stock Exchange and Class B WVR ordinary shares unlisted, and it uses equity incentive plans, including a 2015 Equity Incentive Plan and a 2024 Share Scheme, to grant options and restricted share units to employees and other participants.

Average Trading Volume: 1,057,318

Technical Sentiment Signal: Sell

Current Market Cap: $1.33B

See more data about TUYA stock on TipRanks’ Stock Analysis page.