Blurbs

Maxim Group Remains a Buy on WiSA Technologies, Inc. (WISA)

Maxim Group analyst Jack Vander Aarde reiterated a Buy rating on WiSA Technologies, Inc. (WISAResearch Report) yesterday. The company’s shares closed yesterday at $2.32.

According to TipRanks, Vander Aarde is a 5-star analyst with an average return of 29.2% and a 36.64% success rate. Vander Aarde covers the Technology sector, focusing on stocks such as WiSA Technologies, Inc., Avid Technology, and Sonic Foundry.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WiSA Technologies, Inc. with a $5.00 average price target, representing an 115.52% upside. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.

See the top stocks recommended by analysts >>

Based on WiSA Technologies, Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $937 thousand and a GAAP net loss of $4.65 million. In comparison, last year the company earned a revenue of $1.81 million and had a GAAP net loss of $2.06 million

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Summit Wireless Technologies, Inc. engages in the manufacture of wireless audio products. It offers semiconductors and wireless modules to consumer electronics companies and also focuses on implementing software licensing business segment. Its products include Summit TX-SD, Summit RX-SD, TX Dev Kit, RX Dev Kit, @RX control board, 30 Watt Amp, DAC board and USB TX. The company was founded on July 23, 2010 and is headquartered in San Jose, CA.

Read More on WISA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More