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Upturn AI SWOT - About
Veea Inc. (VEEA)
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Upturn Advisory Summary
04/22/2025: 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.
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 04/22/2025 |
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) 17432 | Beta -0.12 | 52 Weeks Range 1.33 - 12.40 | Updated Date 05/15/2025 |
52 Weeks Range 1.33 - 12.40 | Updated Date 05/15/2025 | ||
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
AMZN
Amazon.com Inc
AMZN
Amazon.com Inc
CSCO
Cisco Systems Inc
CSCO
Cisco Systems Inc
DELL
Dell Technologies Inc
DELL
Dell Technologies Inc
HPE
Hewlett Packard Enterprise Co
HPE
Hewlett Packard Enterprise Co
MSFT
Microsoft Corporation
MSFT
Microsoft Corporation
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 45 | Website https://www.veea.com |
Full time employees 45 | Website https://www.veea.com | ||
Veea Inc. provides edge computing and communications devices, applications, and services hosted on its edge Platform-as-a-Service. The company offers Veea Edge Platform ePaaS, an end-to-end platform that is both locally- and cloud-managed; VeeaHub products are converged computing and communications indoor and outdoor devices, a Wi-Fi Access Point for networking and computing solutions for AI-assisted applications and solutions at the edge where people, places, and things connect to the network, as well as Linux server, with a virtualized software environment, supporting patented secured docker containers, a Wi-Fi Access Point with a mesh router, a firewall, an IoT gateway, NVMe data storage, and 4G/5G modules; VeeaWare, an edge operating system and companion tools; and VeeaCloud, a cloud native system that underpins the easy deployment of hardware and software. It also focuses fixed-line or 5G-based fixed wireless broadband access and subscription-based managed Wi-Fi for unserved / underserved communities. In addition, the company provides broadband or Internet connectivity services are offered with various edge applications and value-added services, including advanced AI-driven cybersecurity, through mobile network operators, multiple system operators, internet service providers, and other managed service providers. It serves climate smart buildings, smart farming with precision agriculture, smart warehouses, and smart retail as cloud-managed converged private networks applications. Veea Inc. was founded in 2014 and is headquartered in New York, New York.
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