Veea Inc's fundamentals are relatively weak, and its growth potential is high.Its valuation is considered fairly valued, ranking 238/482 in the Software & IT Services industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Veea Inc's Score
Industry at a Glance
Industry Ranking
238 / 482
Overall Ranking
434 / 4582
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
0.000
Target Price
0.00%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Veea Inc Highlights
StrengthsRisks
Veea Inc. is engaged in the development of advanced networking, wireless and computing technologies. The Company has unified computing, communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. The Company’s Multiaccess Edge Computing (MEC) product, developed from the ground up in several compact form factors, brings together the functionality typically provided for through any combination of servers, network attached storage (NAS) devices, routers, firewalls, Wi-Fi APs, IoT gateways, 4G or 5G wireless access, and Cloud Computing by means of multiple hardware, software and systems integrated and maintained by IT/OT professionals. Veea Edge Platform is a cloud-managed full-stack platform designed to manage multivendor heterogeneous devices with a Linux server hosting VeeaWare stack to enable compute capabilities with any combination of GPUs, TPUs, and NPUs on a networking and computing mesh.
Growing
The company is in a growing phase, with the latest annual income totaling USD 141.76K.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 141.76K.
Overvalued
The company’s latest PE is -1.18, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.35M shares, decreasing 51.36% quarter-over-quarter.
Veea Inc. is engaged in the development of advanced networking, wireless and computing technologies. The Company has unified computing, communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. The Company’s Multiaccess Edge Computing (MEC) product, developed from the ground up in several compact form factors, brings together the functionality typically provided for through any combination of servers, network attached storage (NAS) devices, routers, firewalls, Wi-Fi APs, IoT gateways, 4G or 5G wireless access, and Cloud Computing by means of multiple hardware, software and systems integrated and maintained by IT/OT professionals. Veea Edge Platform is a cloud-managed full-stack platform designed to manage multivendor heterogeneous devices with a Linux server hosting VeeaWare stack to enable compute capabilities with any combination of GPUs, TPUs, and NPUs on a networking and computing mesh.
Ticker SymbolVEEA
CompanyVeea Inc
CEOSalmasi (Michael)
Websitehttps://www.veea.com/
FAQs
What is the current price of Veea Inc (VEEA)?
The current price of Veea Inc (VEEA) is 0.730.
What is the symbol of Veea Inc?
The ticker symbol of Veea Inc is VEEA.
What is the 52-week high of Veea Inc?
The 52-week high of Veea Inc is 4.060.
What is the 52-week low of Veea Inc?
The 52-week low of Veea Inc is 0.391.
What is the market capitalization of Veea Inc?
The market capitalization of Veea Inc is 36.62M.
What is the net income of Veea Inc?
The net income of Veea Inc is -47.55M.
Is Veea Inc (VEEA) currently rated as Buy, Hold, or Sell?
According to analysts, Veea Inc (VEEA) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Veea Inc (VEEA)?
The Earnings Per Share (EPS TTM) of Veea Inc (VEEA) is -0.619.