Microvast Holdings, Inc. (MVST)

NASDAQ: MVST · IEX Real-Time Price · USD
1.92
+0.03 (1.32%)
Dec 7, 2022 12:42 PM EST - Market open
1.32%
Market Cap 633.27M
Revenue (ttm) 206.47M
Net Income (ttm) -171.14M
Shares Out 305.98M
EPS (ttm) -1.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,268,702
Open 1.95
Previous Close 1.89
Day's Range 1.86 - 2.16
52-Week Range 1.49 - 9.54
Beta 1.13
Analysts Buy
Price Target 8.16 (+326.1%)
Earnings Date Nov 10, 2022

About MVST

Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. 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, minin... [Read more]

Industry Electrical Equipment & Parts
Founded 2006
CEO Yang Wu
Employees 1,359
Stock Exchange NASDAQ
Ticker Symbol MVST
Full Company Profile

Financial Performance

In 2021, MVST's revenue was $151.98 million, an increase of 41.35% compared to the previous year's $107.52 million. Losses were -$206.48 million, 514.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MVST stock is "Buy." The 12-month stock price forecast is 8.16, which is an increase of 326.11% from the latest price.

Price Target
$8.16
(326.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Microvast Wins Contract to Supply 1.2GWh Battery Energy Storage Project in the United States

HOUSTON--( BUSINESS WIRE )--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, today announced that its energy divisi...

5 hours ago - Business Wire

7 Penny Stocks That Actually Have Buy Ratings

This article focuses on penny stocks with “buy” ratings from analysts. Analysts have access to information about  companies that retail investors cannot obtain.

6 days ago - InvestorPlace

Microvast Reports Third Quarter 2022 Financial Results

HOUSTON--( BUSINESS WIRE )--Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today ann...

3 weeks ago - Business Wire

The 7 Best Battery Stocks to Buy Now

In terms of stock price action, electric vehicle stocks are in a phase of correction and consolidation. This includes some of the best battery stocks to buy and hold through the decade.

Other symbols: ALBFLACQS
4 weeks ago - InvestorPlace

Microvast and Handling Solutions Provider Kalmar Extend Partnership Through 2026

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the extension of its supp...

1 month ago - Business Wire

Microvast ($MVST) and GM ($GM) Receive $200 Million DOE Grant for Lithium-Ion Battery Technology

Microvast Holdings (NASDAQ: MVST) and General Motors (NYSE: GM) have announced receipt of a $200 million grant from the U.S. Department of Energy to support construction of a new separator manufacturing...

Other symbols: GM
1 month ago - Green Stock News

Microvast and General Motors Selected by the U.S. Department of Energy for a $200 Million Grant

HOUSTON--(BUSINESS WIRE)--A wholly-owned subsidiary of Microvast Holdings, Inc. (NASDAQ: MVST) was selected by the U.S. Department of Energy (DOE) in collaboration with General Motors to receive a $200 ...

1 month ago - Business Wire

7 Battery Stocks That Will Make You a Millionaire by 2030

With an accelerating electric vehicle boom, we're looking at some of the top battery stocks to own now. All as Tesla (NASDAQ:TSLA), Ford (NYSE:F), BMW (OTCMKTS:BMWYY), General Motors (NYSE:GM), and othe...

Other symbols: ALBLACQSSLDP
1 month ago - InvestorPlace

Why Shares of Microvast Holdings Skyrocketed This Week

The market is charged up about new funding the company received.

1 month ago - The Motley Fool

Microvast Schedules Third Quarter Earnings Call

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, will issu...

1 month ago - Business Wire

Battery Stocks AMPX, MVST, ABML, PLL Pop on Biden Bet

Battery stocks jumped on Oct. 19 after the Biden administration announced $2.8 billion for 21 projects to boost the American supply chain. Amprius (NASDAQ: AMPX ) jumped 77% and has already announced $5...

Other symbols: AMPXPLL
1 month ago - InvestorPlace

Microvast's Energy Division Launches New Energy Storage System (ESS) With Industry Leading 4.3MWh Energy Density Per ...

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the launch of its inaugur...

1 month ago - Business Wire

Microvast Joins Consortium Led by Shell to Drive Decarbonisation of Mining Industry

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced its participation in a mi...

1 month ago - Business Wire

7 Best Battery Stocks to Buy Now

According to the International Energy Agency, batteries typically account for 30% to 40% of the value of electric vehicles. This fact, in itself, underscores the point that investing in the best battery...

Other symbols: ALBFLACQSSLDP
1 month ago - InvestorPlace

Microvast Announces New Energy Division

HOUSTON--(BUSINESS WIRE)---- $MVST #BESS--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the launc...

2 months ago - Business Wire

Microvast advances accessible and convenient electro-mobility: Successful completion of extreme fast charging project

HOUSTON--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the successful outcome of...

2 months ago - Business Wire

Microvast makes batteries smarter and safer: New battery management system BMS 5.0 improves safety and extends batter...

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the fifth generat...

2 months ago - Business Wire

Turn-Key Solutions Tailored for Commercial Vehicles: Microvast introduces next-generation battery products with leadi...

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, introduces new battery packs for ...

2 months ago - Business Wire

3 EV Battery Stocks to Buy Under $10

There are some attractive EV battery stocks under $10 that can be valued creators within the electric vehicle sector. Even with some near-term challenges, the segment remains one of the hottest investme...

Other symbols: SLDP
3 months ago - InvestorPlace

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Microvast Holdings, Inc. for Potential Breaches of Fiduci...

NEW YORK , Aug. 24, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim i...

3 months ago - PRNewsWire

Microvast Reports Second Quarter 2022 Financial Results

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, tod...

3 months ago - Business Wire

Microvast Updates Dial-In For Second Quarter Earnings Call

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”) announced today that it has a new dial-in number for its second quarter earnings call that will be...

3 months ago - Business Wire

Microvast Schedules Second Quarter Earnings Call

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, wil...

4 months ago - Business Wire

Microvast Announces Appointment of New Director

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, to...

5 months ago - Business Wire

Microvast Joins Russell 3000® Index

STAFFORD, Texas--(BUSINESS WIRE)--Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, to...

5 months ago - Business Wire