Microvast Holdings, Inc. (MVST)

Market Cap	403.00M
Revenue (ttm)	266.84M
Net Income (ttm)	-115.50M
Shares Out	314.85M
EPS (ttm)	-0.37
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,361,340
Open	1.20
Previous Close	1.17
Day's Range	1.14 - 1.28
52-Week Range	0.84 - 2.91
Beta	1.56
Analysts	Strong Buy
Price Target	8.00 (+525.0%)
Earnings Date	Nov 9, 2023

About MVST

Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems in the United States, China, rest of the Asia Pacific, and Europe. 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...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2006
• Employees: 1,535
• Stock Exchange: NASDAQ
• Ticker Symbol: MVST

Financial Performance

In 2022, MVST's revenue was $204.50 million, an increase of 34.56% compared to the previous year's $151.98 million. Losses were -$158.20 million, -32.42% less than in 2021.

Analyst Forecast

According to 4 analysts, the average rating for MVST stock is "Strong Buy." The 12-month stock price forecast is $8.0, which is an increase of 525.00% from the latest price.

Price Target

$8.0

(525.00% upside)

Analyst Consensus: Strong Buy