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Tuya ( (TUYA) ) has provided an update.
On May 7, 2026, Tuya Inc. filed a Form 6-K noting it had submitted to the Hong Kong Stock Exchange its monthly return for April 2026, detailing movements in its authorised and issued share capital. The filing shows that authorised capital for both Class A and Class B weighted voting right ordinary shares remained unchanged, while total issued Class A shares declined slightly to 543,120,871 and Class B shares to 70,162,633.
The April report records a modest net reduction in share count driven by the repurchase and cancellation of 5,400 Class A shares on April 24, 2026, partially offset by option exercises, vesting of 2,000 restricted share units, and the conversion of 620 Class B shares into Class A shares. Tuya confirmed it continued to meet Hong Kong’s minimum public float requirements, and the disclosure underscores ongoing use of equity-based compensation and limited buybacks without materially altering its overall capital structure.
The most recent analyst rating on (TUYA) stock is a Buy with a $3.50 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 Outperform.
TUYA scores well primarily on improved fundamentals and balance-sheet strength alongside sustained positive free cash flow, with supportive earnings-call momentum around AI strategy and recurring revenue growth. Valuation is helped by a strong dividend yield, while the main offset is only middling technical momentum and the need to see more durable core operating profitability.
To see Spark’s full report on TUYA stock, click here.
More about Tuya
Tuya Inc. is a Cayman Islands–incorporated technology company, controlled through weighted voting rights, whose shares are listed in Hong Kong under stock code 02391. The company issues Class A and Class B weighted voting right ordinary shares and 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: 1,661,304
Technical Sentiment Signal: Buy
Current Market Cap: $1.45B
See more data about TUYA stock on TipRanks’ Stock Analysis page.