Movella Holdings Inc. (MVLA)
OTCMKTS: MVLA · Delayed Price · USD
0.0300
0.00 (0.00%)
Jun 28, 2024, 12:34 PM EDT - Market closed
Movella Holdings Stock Forecast
MVLA's stock price has decreased by -98.59% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Movella Holdings stock have an average target of 2.45, with a low estimate of 2.40 and a high estimate of 2.50. The average target predicts an increase of 8,066.67% from the current stock price of 0.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 19, 2023.
Analyst Ratings
The average analyst rating for MVLA stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $4 → $2.5 | Strong Buy | Maintains | $4 → $2.5 | +8,233.33% | Oct 19, 2023 |
Needham | Needham | Strong Buy Reiterates $2.4 | Strong Buy | Reiterates | $2.4 | +7,900.00% | Sep 7, 2023 |
Needham | Needham | Strong Buy Reiterates $2.4 | Strong Buy | Reiterates | $2.4 | +7,900.00% | Aug 10, 2023 |
Needham | Needham | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +13,233.33% | Jun 2, 2023 |
Stifel | Stifel | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +16,566.67% | Apr 4, 2023 |
Financial Forecast
Revenue This Year
36.48M
from 40.47M
Decreased by -9.85%
Revenue Next Year
47.86M
from 36.48M
Increased by 31.19%
EPS This Year
-0.38
from -0.81
EPS Next Year
-0.03
from -0.38
Revenue Forecast
Revenue | 2023 | 2024 |
---|---|---|
High | 37.9M | 52.5M |
Avg | 36.5M | 47.9M |
Low | 34.5M | 42.6M |
Revenue Growth
Revenue Growth | 2023 | 2024 |
---|---|---|
High | -6.3% | 43.9% |
Avg | -9.8% | 31.2% |
Low | -14.8% | 16.8% |
EPS Forecast
EPS | 2023 | 2024 |
---|---|---|
High | -0.35 | 0.02 |
Avg | -0.38 | -0.03 |
Low | -0.42 | -0.09 |
EPS Growth
EPS Growth | 2023 | 2024 |
---|---|---|
High | - | - |
Avg | - | - |
Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.