NASDAQ:MVST

Microvast (MVST) Stock Price, News & Analysis

$0.46
-0.05 (-9.89%)
(As of 04/23/2024 ET)
Today's Range
$0.46
$0.52
50-Day Range
$0.46
$0.95
52-Week Range
$0.45
$2.91
Volume
4.08 million shs
Average Volume
4.71 million shs
Market Capitalization
$144.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

Microvast MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
887.3% Upside
$4.50 Price Target
Short Interest
Bearish
14.55% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.25) to ($0.28) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.95 out of 5 stars

Business Services Sector

262nd out of 303 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

22nd out of 26 stocks

MVST stock logo

About Microvast Stock (NASDAQ:MVST)

Microvast Holdings, Inc. provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.

MVST Stock Price History

MVST Stock News Headlines

How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
7 Penny Stocks if You Believe Lady Luck's on Your Side
The 3 Best Nasdaq Stocks to Buy in April 2024
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Microvast Inc: Microvast Reports 2023 Financial Results
Microvast Reports 2023 Financial Results
Microvast Schedules Fourth Quarter Earnings Call
MVST Apr 2024 1.500 put
MVST Apr 2024 1.500 call
See More Headlines
Receive MVST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Microvast and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/15/2021
Today
4/23/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:MVST
Fax
N/A
Employees
2,006
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$8.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+887.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-106,340,000.00
Pretax Margin
-34.70%

Debt

Sales & Book Value

Annual Sales
$306.62 million
Book Value
$1.78 per share

Miscellaneous

Free Float
217,921,000
Market Cap
$144.58 million
Optionable
Optionable
Beta
1.47
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Yang Wu (Age 58)
    Founder, President, Chairman & CEO
    Comp: $649.01k
  • Mr. Craig Webster (Age 53)
    Chief Financial Officer
    Comp: $448k
  • Ms. Gao Lu (Age 40)
    Chief Accounting Officer
  • Dr. Wenjuan Mattis Ph.D. (Age 42)
    Chief Technology Officer
    Comp: $257.81k
  • Ms. Isida Tushe (Age 37)
    General Counsel & Corporate Secretary
  • Mr. Sascha Rene Kelterborn (Age 50)
    Chief Revenue Officer
    Comp: $453.43k

MVST Stock Analysis - Frequently Asked Questions

Should I buy or sell Microvast stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Microvast in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MVST shares.
View MVST analyst ratings
or view top-rated stocks.

What is Microvast's stock price target for 2024?

4 brokerages have issued twelve-month target prices for Microvast's stock. Their MVST share price targets range from $3.00 to $8.00. On average, they predict the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 887.3% from the stock's current price.
View analysts price targets for MVST
or view top-rated stocks among Wall Street analysts.

How have MVST shares performed in 2024?

Microvast's stock was trading at $1.40 on January 1st, 2024. Since then, MVST shares have decreased by 67.4% and is now trading at $0.4558.
View the best growth stocks for 2024 here
.

When is Microvast's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MVST earnings forecast
.

How were Microvast's earnings last quarter?

Microvast Holdings, Inc. (NASDAQ:MVST) released its earnings results on Monday, November, 15th. The company reported ($0.49) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.45. The firm had revenue of $36.89 million for the quarter. Microvast had a negative net margin of 34.68% and a negative trailing twelve-month return on equity of 18.37%.

What ETF holds Microvast's stock?

Xtrackers US Green Infrastructure Select Equity ETF holds 82,012 shares of MVST stock, representing 1.00% of its portfolio.

What guidance has Microvast issued on next quarter's earnings?

Microvast issued an update on its first quarter 2024 earnings guidance on Monday, April, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.0 million-$75.0 million, compared to the consensus revenue estimate of $107.4 million.

How do I buy shares of Microvast?

Shares of MVST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MVST) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners