Microvast Holdings, Inc. (MVST)

Market Cap	492.86M
Revenue (ttm)	370.99M
Net Income (ttm)	-114.56M
Shares Out	322.13M
EPS (ttm)	-0.36
PE Ratio	n/a
Forward PE	25.50
Dividend	n/a
Ex-Dividend Date	n/a

Volume	26,715,731
Open	1.490
Previous Close	1.500
Day's Range	1.400 - 1.750
52-Week Range	0.152 - 1.950
Beta	2.55
Analysts	Buy
Price Target	3.33 (+117.65%)
Earnings Date	Nov 12, 2024

About 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 an...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2006
• Employees: 2,006
• Stock Exchange: NASDAQ
• Ticker Symbol: MVST
• Website: https://www.microvast.com

Financial Performance

In 2023, Microvast Holdings's revenue was $306.62 million, an increase of 49.94% compared to the previous year's $204.50 million. Losses were -$106.34 million, -32.78% less than in 2022.

Analyst Forecast

According to 3 analysts, the average rating for MVST stock is "Buy." The 12-month stock price forecast is $3.33, which is an increase of 117.65% from the latest price.

Price Target

$3.33

(117.65% upside)

Analyst Consensus: Buy