Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
Veea Inc. (VEEA)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: VEEA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 102.44M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 36456 | Beta -0.12 | 52 Weeks Range 1.33 - 12.40 | Updated Date 02/26/2025 |
52 Weeks Range 1.33 - 12.40 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -2382.64% |
Management Effectiveness
Return on Assets (TTM) -40.94% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 112884422 | Price to Sales(TTM) 731.51 |
Enterprise Value 112884422 | Price to Sales(TTM) 731.51 | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 36196700 | Shares Floating 9105476 |
Shares Outstanding 36196700 | Shares Floating 9105476 | ||
Percent Insiders 78.46 | Percent Institutions 6.14 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Veea Inc.
Company Overview
History and Background
Veea Inc. is a technology company focused on developing and deploying edge computing solutions. Founded in 2014, it has evolved from initial IoT applications to a broader platform for smart buildings and smart cities.
Core Business Areas
- Edge Computing Platforms: Develops and provides edge computing platforms that enable processing and analysis of data closer to the source, reducing latency and improving response times.
- Smart Building Solutions: Offers integrated solutions for smart buildings, including connectivity, automation, and data analytics to improve efficiency and user experience.
- Connectivity Solutions: Provides advanced connectivity solutions, including Wi-Fi and cellular technologies, to support various IoT and edge applications.
Leadership and Structure
Veea Inc.'s leadership team consists of experienced executives in technology and telecommunications. The organizational structure is designed to support innovation and rapid product development.
Top Products and Market Share
Key Offerings
- VeeaHub Smart Computing Hub: VeeaHub is an edge computing platform that integrates connectivity, computing, and security features for IoT and smart building applications. Market share data is not publicly available as a private company. Competitors include Dell, HPE, and Cisco in the edge computing market.
- Veea Edge Platform: This platform provides a secure and scalable environment for deploying and managing edge applications. Market share data is not publicly available. Competitors include AWS Greengrass, Microsoft Azure IoT Edge.
Market Dynamics
Industry Overview
The edge computing market is experiencing rapid growth, driven by the increasing demand for low-latency processing, IoT applications, and data security. The smart building market is also growing due to the need for energy efficiency and improved building management.
Positioning
Veea Inc. is positioned as a provider of integrated edge computing and connectivity solutions, targeting specific verticals such as smart buildings, retail, and industrial IoT. Its competitive advantage lies in its comprehensive platform and focus on ease of deployment.
Total Addressable Market (TAM)
The combined TAM for edge computing and smart building solutions is projected to reach hundreds of billions of dollars. Veea Inc. is focused on capturing a significant share of this market through its differentiated offerings.
Upturn SWOT Analysis
Strengths
- Integrated edge computing platform
- Strong focus on innovation
- Expertise in connectivity solutions
- Partnerships with key technology providers
Weaknesses
- Limited brand recognition compared to larger competitors
- Relatively small market share
- Dependency on specific verticals
- Financial information not public
Opportunities
- Expanding demand for edge computing in various industries
- Growing adoption of smart building technologies
- Increasing need for secure and reliable connectivity
- Potential for strategic partnerships and acquisitions
Threats
- Intense competition from established technology companies
- Rapid technological advancements
- Economic downturns impacting IT spending
- Regulatory changes affecting data privacy and security
Competitors and Market Share
Key Competitors
- DELL
- HPE
- CSCO
- AMZN
- MSFT
Competitive Landscape
Veea Inc. faces intense competition from established technology companies such as Dell, HPE, Cisco, Amazon, and Microsoft. Its competitive advantage lies in its integrated platform and focus on specific verticals.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Veea Inc. has experienced significant growth in recent years due to the increasing demand for its edge computing and connectivity solutions.
Future Projections: Future growth is projected to be strong, driven by the expanding edge computing market and Veea Inc.'s focus on innovation.
Recent Initiatives: Recent strategic initiatives include expanding partnerships, launching new products, and targeting new markets.
Summary
Veea Inc. is a technology company focused on edge computing and connectivity solutions. While the company is doing well by creating new products in a niche industry, Veea Inc. faces tough competition. Its growth trajectory depends on its ability to innovate, expand its market reach, and strengthen its partnerships. Keeping financial strategies intact and making sure to adapt to technological changes are very important.
Similar Companies
- DELL
- HPE
- CSCO
- AMZN
- MSFT
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Estimates
- Public Information
Disclaimers:
The information provided is based on publicly available sources and analyst estimates. Market share data is limited due to Veea Inc. being a private company. This analysis is for informational purposes only and should not be considered financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Veea Inc.
Exchange NASDAQ | Headquaters New York, NY, United States | ||
IPO Launch date 2024-09-17 | Co-Founder, Chairman & CEO Mr. Allen B. Salmasi | ||
Sector Technology | Industry Information Technology Services | Full time employees 50 | Website https://www.veea.com |
Full time employees 50 | Website https://www.veea.com | ||
Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.