Wetouch Technology Inc. (WETH) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Wetouch Technology Inc. (WETH) stock forecast summary
Our AI ranks Wetouch Technology Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Wetouch Technology Inc. is a small-cap company with a market capitalization of $44M. It ranks number 14 by market capitalization among the 17 Computer Peripheral Equipment, NEC issuers in our coverage with a current forecast. Its P/B Ratio of 0.30x is the lowest of the 16 peers that report one. Its Current Ratio of 35.99x is the highest of the 17 peers that report one.
For WETH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 30.0%, measured on 275 forecast dates between 2024-02-23 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 35.0%, measured on 318 forecast dates between 2024-02-23 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How WETH ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Wetouch Technology Inc. (WETH) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Computer Peripheral Equipment, NEC peers listed below that report each metric.
Valuation & Market
| Metric | WETH | Rank |
|---|---|---|
| Market Cap | $44M | 14/17 |
| P/E Ratio | 2.63x | 7/7 |
| P/B Ratio | 0.30x | 16/16 |
| EPS | $0.38 | – |
| Book Value/Share | $3.35 | – |
Profitability & Margins
| Metric | WETH | Rank |
|---|---|---|
| ROE | 7.5% | 3/11 |
| ROA | 7.3% | 3/12 |
| ROIC | 10.0% | 4/13 |
| Gross Margin | 35.0% | 9/12 |
| Operating Margin | 27.2% | 2/14 |
| Net Margin | 20.3% | 2/12 |
| EBT Margin | 27.6% | 2/14 |
| Tax Rate | 25.7% | – |
Financial Health
| Metric | WETH | Rank |
|---|---|---|
| Current Ratio | 35.99x | 1/17 |
| Quick Ratio | 35.99x | 1/15 |
| D/E Ratio | 0.03x | 16/16 |
| Financial Leverage | 1.03x | 16/16 |
| Interest Coverage | 2.0x | 6/12 |
| Working Capital | $134M | 7/17 |
Cash Flow
| Metric | WETH | Rank |
|---|---|---|
| Operating Cash Flow | $19M | 7/15 |
Operational Efficiency
| Metric | WETH | Rank |
|---|---|---|
| Inventory Turnover | 3800.7x | 1/11 |
| Days Inventory | 0 days | 11/11 |
| Payables Period | 9 days | 10/10 |
Income Statement
| Metric | WETH | Rank |
|---|---|---|
| Operating Income | $15M | 6/14 |
| Net Income | $11M | 3/12 |
| SG&A Expense | $3M | 13/13 |
| Cost of Goods Sold | $35M | 6/11 |
Dividend & Shareholder Information
| Metric | WETH | Rank |
|---|---|---|
| Shares Outstanding | 44M | – |
| Net Income Growth | 29.2% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $138M | 90.8% of assets |
| Cash & Short-term Investments | $128M | 84.0% of assets |
| Accounts Receivable | $9M | 6.1% of assets |
| Inventory | $10K | 0.0% of assets |
| Total Liabilities | $4M | 2.5% of assets |
| Short-term Debt | $3M | 2.0% of assets |
WETH quarterly financials and insider trading
Wetouch Technology Inc. (WETH) industry peers
Companies classified under the same SEC industry code as Wetouch Technology Inc. (Computer Peripheral Equipment, NEC): 17 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| WETH Wetouch Technology Inc. | ▲ | $44M |
| FTNT Fortinet, Inc. | ▲ | $124.09B |
| LOGI Logitech International S.A. | ▶ | $14.95B |
| CRSR Corsair Gaming, Inc. | ▶ | $1.38B |
| EVLV Evolv Technologies Holdings, Inc. | ▶ | $753M |
| MITK Mitek Systems Inc | ▲ | $727M |
| SSYS Stratasys Ltd. | ▶ | $593M |
| XRX Xerox Holdings Corp | ▲ | $324M |
| IMMR Immersion Corp | ▶ | $231M |
| RDCM Radcom Ltd | ▼ | $167M |
| LINK Interlink Electronics Inc | ▲ | $65M |
| YIBO Planet Image International Ltd | ▲ | $63M |
| INVE Inve Technologies, Inc. | ▼ | $54M |
| TACT Transact Technologies Inc | ▲ | $47M |
| VTIX Virtuix Holdings Inc. | ▶ | $27M |
| MYND Mynd.Ai, Inc. | ▲ | $12M |
| AIMD Ainos, Inc. | ▼ | $7M |
Where WETH sits on the market map
Wetouch Technology Inc. (WETH) stock news
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Wetouch Technology Inc. (WETH) stock forecast FAQ
What is the Wetouch Technology Inc. (WETH) stock forecast?
Our AI ranks Wetouch Technology Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Wetouch Technology Inc. stock predictions?
For WETH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 30.0%, measured on 275 forecast dates between 2024-02-23 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 35.0%, measured on 318 forecast dates between 2024-02-23 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Wetouch Technology Inc. forecasts updated?
Wetouch Technology Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Wetouch Technology Inc.'s industry peers?
17 issuers in our coverage, WETH included, share the SEC industry code Computer Peripheral Equipment, NEC. The largest are: Fortinet, Inc. (FTNT), Logitech International S.A. (LOGI), Corsair Gaming, Inc. (CRSR), Evolv Technologies Holdings, Inc. (EVLV), Mitek Systems Inc (MITK), Stratasys Ltd. (SSYS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.