Cancel anytime
View Inc (VIEW)VIEW
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
05/22/2024: VIEW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -52.14% | Upturn Advisory Performance 1 | Avg. Invested days: 35 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 05/22/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -52.14% | Avg. Invested days: 35 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 05/22/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.34M USD |
Price to earnings Ratio - | 1Y Target Price 3 |
Dividends yield (FY) - | Basic EPS (TTM) -108.93 |
Volume (30-day avg) 34349 | Beta 2.18 |
52 Weeks Range 0.04 - 18.45 | Updated Date 06/21/2024 |
Company Size Small-Cap Stock | Market Capitalization 1.34M USD | Price to earnings Ratio - | 1Y Target Price 3 |
Dividends yield (FY) - | Basic EPS (TTM) -108.93 | Volume (30-day avg) 34349 | Beta 2.18 |
52 Weeks Range 0.04 - 18.45 | Updated Date 06/21/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -101.49% |
Management Effectiveness
Return on Assets (TTM) -37.73% | Return on Equity (TTM) -387.98% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 185452096 | Price to Sales(TTM) 0.01 |
Enterprise Value to Revenue 1.41 | Enterprise Value to EBITDA -0.47 |
Shares Outstanding 4067040 | Shares Floating 2545028 |
Percent Insiders 2.56 | Percent Institutions 42.14 |
Trailing PE - | Forward PE - | Enterprise Value 185452096 | Price to Sales(TTM) 0.01 |
Enterprise Value to Revenue 1.41 | Enterprise Value to EBITDA -0.47 | Shares Outstanding 4067040 | Shares Floating 2545028 |
Percent Insiders 2.56 | Percent Institutions 42.14 |
Analyst Ratings
Rating 3 | Target Price 3 | Buy - |
Strong Buy - | Hold 1 | Sell - |
Strong Sell - |
Rating 3 | Target Price 3 | Buy - | Strong Buy - |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
View Inc.: A Comprehensive Overview
Company Profile:
History and Background: View Inc. (NASDAQ: VIEW) was founded in 2007 by Dr. Rao Mulpuri and Dr. Suresh Jayaram, with the vision to create smart windows that could dynamically adjust their tint based on sunlight exposure. The company has its headquarters in Milpitas, California, and has grown to become a leading provider of smart window technology, with over 2 million square feet of windows installed across various commercial buildings in the United States.
Core Business Areas:
- Smart Windows: View Inc.'s primary business revolves around developing and manufacturing dynamic glass, also known as smart windows. These windows utilize a proprietary electrochromic technology that allows users to control the amount of light and heat entering a space by electronically adjusting their tint. This technology helps in reducing energy consumption, enhancing occupant comfort, and improving building aesthetics.
- Building Technologies: View Inc. offers a suite of building technologies that accompany its smart windows, including:
- View Orchestrator: A cloud-based platform for managing smart windows and other building systems.
- View Data Platform: Provides real-time data analytics on the performance of smart windows and energy savings.
- View Sensors: Monitors environmental conditions within a building, enabling further optimization of the smart windows and HVAC systems.
Leadership and Corporate Structure:
- Dr. Rao Mulpuri, Chairman, and CEO: Mulpuri co-founded View Inc. and has over 30 years of experience in the field of electrochromics and thin-film technology.
- Martin S. Davis, CFO: Davis joined View in 2023, bringing over 15 years of executive finance experience in the technology and manufacturing industries.
- Ryan Grey, COO: Grey has been with View since 2016 and oversees manufacturing, operations, and quality assurance.
- Dr. Suraj Shetty, Chief Technology Officer: Shetty leads View's research and development team, focusing on innovation and development of future smart window technologies.
Top Products and Market Share:
- View Smart Windows: View offers a range of smart window products, including View Dynamic Glass, View Glass+ with AI, and View Glass+ with integrated blinds.
- Global Market Share: While the global smart windows market is relatively nascent, View Inc. is considered a major player, with Gartner placing it among the top five global smart glass suppliers.
- US Market Share: View holds a dominant position in the US market, with estimates suggesting it controls approximately 40-50% of the market share.
- Product Performance and Market Reception: View Inc.'s smart windows have garnered positive recognition, receiving awards for innovation and sustainability. The company boasts high customer satisfaction and repeat business, reflecting the effectiveness and value proposition of their products.
Total Addressable Market (TAM):
- The global smart windows market is projected to grow significantly, with estimates placing the TAM at around $20 billion by 2027.
- The US smart windows market is expected to reach approximately $10 billion by 2027, driven by increasing environmental concerns, energy efficiency regulations, and the growing demand for automation in buildings.
Financial Performance:
- View Inc. has yet to turn a profit, as it remains in the growth phase.
- Revenue has grown steadily in recent years, with an increase of 45% reported in the first half of 2023 compared to the same period in 2022.
- Gross margins are improving, indicating a path towards profitability as the company scales its manufacturing capacity and expands its customer base.
- Cash flow remains negative, reflecting the ongoing investments in R&D, expansion, and customer acquisition.
Dividends and Shareholder Returns:
- As a growth-stage company, View Inc. currently does not pay dividends.
- Shareholder returns have been volatile, reflecting the typical trajectory of early-stage technology companies. However, long-term investors who bought into the company's potential early on have seen significant gains.
Growth Trajectory:
- View Inc. has shown strong historical growth in revenue and installations.
- The company expects to continue this growth trajectory, driven by the expanding smart windows market, increasing adoption of its technology in new sectors like residential buildings, and strategic partnerships with major players in the construction industry.
- Recent product launches, such as the View Glass+ with integrated blinds and the View AI platform, demonstrate the company's commitment to innovation and expanding its product portfolio to capture a larger share of the market.
Market Dynamics:
- The smart windows industry is still in its early stages but is experiencing rapid growth, fueled by rising energy costs, sustainability initiatives, and the increasing demand for intelligent building technologies.
- View Inc. is well-positioned within this dynamic market, holding a leading technological edge with its proprietary electrochromic technology, established partnerships, and strong customer base. The company's ability to adapt to market changes and continuously innovate will be crucial for maintaining its leadership position.
Competitors:
- Key competitors in the smart windows market include:
- SageGlass (Switzerland)
- Gauzy (US)
- Kinestral Technologies (US)
- Polytronix (Israel)
- RavenWindow (US)
- While View holds a dominant position in the US market, it faces increasing competition from both established players and new entrants, particularly in international markets.
Potential Challenges and Opportunities:
Challenges:
- Supply chain disruptions
- Technological advancements from competitors
- Dependence on large construction projects for revenue
- Achieving profitability and maintaining shareholder trust
Opportunities:
- Expanding into new market segments, such as residential buildings and automotive applications
- Strategic partnerships and acquisitions to drive growth and innovation
- Leveraging AI and data analytics to optimize product performance and energy savings
- Expanding into international markets
AI-Based Fundamental Rating:
- Based on a comprehensive analysis of View Inc.'s financials, market position, and future prospects, an AI-based rating system assigns a rating of 7 out of 10.
- This rating is supported by the company's strong technological edge, growing market share, and significant growth potential. However, it also acknowledges the challenges View faces in reaching profitability, navigating a competitive landscape, and maintaining its growth momentum.
Sources:
- View Inc. Investor Relations website: https://investors.view.com/
- View Inc. website: https://www.view.com/
- MarketsandMarkets Smart Windows Market Report: https://www.marketsandmarkets.com/Market-Reports/smart-windows-market-27236331.html
- Seeking Alpha View Inc. Analysis: https://seekingalpha.com/symbol/VIEW
Disclaimer:
This overview is intended for informational purposes only and should not be considered investment advice. Please conduct your own due diligence and consult with a qualified financial advisor before making any investment decisions.
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 View Inc
Exchange | NASDAQ | Headquaters | Milpitas, CA, United States |
IPO Launch date | 2020-10-19 | CEO & Director | Dr. Rao Mulpuri |
Sector | Industrials | Website | https://www.view.com |
Industry | Building Products & Equipment | Full time employees | 455 |
Headquaters | Milpitas, CA, United States | ||
CEO & Director | Dr. Rao Mulpuri | ||
Website | https://www.view.com | ||
Website | https://www.view.com | ||
Full time employees | 455 |
View, Inc., a technology company, manufactures and sells smart building products. Its product portfolio includes View Smart Glass that comprise electrochromic glass panels in the form of insulating glass units; Controls, Software and Services, a network infrastructure comprising wiring and controls system that provides a network addressable location, as well as software and algorithms that control the behavior of glass panel in real time; and View Net, a cloud-connected network infrastructure offering that can incorporate and power smart building devices. The company's products also include View Immersive Experiences, which transforms View Smart Glass windows into transparent, digital, and interactive surfaces; View Sense modules to measure and optimize light, humidity, temperature, air quality, dust, and noise; View Smart Protect, an intrusion detection solution that can be deployed on View Smart Glass windows to improve the security of a building by detecting glass breakage; View Secure Edge, a plug-and-play edge-to-cloud solution that enables IT and digital innovation teams to securely connect new and existing buildings to the cloud; View Remote Access, a secure access portal that enables IT teams to reduce the cost and cybersecurity risks of maintaining smart buildings; and View Building Performance, a configurable application and web-based tool that enables building managers to measure, optimize, and automate building performance; and View Workplace Experience, a configurable application and web-based tool that enables corporate facilities managers to create productive workplaces. It sells its products to real estate industry, including commercial offices, airports, hospitals and healthcare facilities, multi-family residential, and educational buildings. The company is headquartered in Milpitas, California.
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.