Microvast Holdings, Inc. (MVST)

Market Cap	60.95M
Revenue (ttm)	349.72M
Net Income (ttm)	-153.93M
Shares Out	322.13M
EPS (ttm)	-0.49
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,490,020
Open	0.190
Previous Close	0.180
Day's Range	0.183 - 0.203
52-Week Range	0.180 - 2.200
Beta	1.71
Analysts	Buy
Price Target	4.50 (+2,278.44%)
Earnings Date	Nov 7, 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 4 analysts, the average rating for MVST stock is "Buy." The 12-month stock price forecast is $4.5, which is an increase of 2,278.44% from the latest price.

Price Target

$4.5

(2,278.44% upside)

Analyst Consensus: Buy