Microvast Holdings, Inc. (MVST)
NASDAQ: MVST · Real-Time Price · USD
0.204
-0.008 (-3.65%)
At close: Oct 29, 2024, 4:00 PM
0.211
+0.007 (3.49%)
After-hours: Oct 29, 2024, 7:36 PM EDT
Microvast Holdings Stock Forecast
MVST's stock price has decreased by -84.1% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Microvast Holdings stock have an average target of 4.50, with a low estimate of 3.00 and a high estimate of 8.00. The average target predicts an increase of 2,111.30% from the current stock price of 0.20.
Analyst Consensus: Buy
* Price targets were last updated on Apr 3, 2024.
Analyst Ratings
The average analyst rating for MVST stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $3 | Strong Buy | Maintains | $8 → $3 | +1,374.20% | Apr 3, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades $11 → $3 | Strong Buy → Hold | Downgrades | $11 → $3 | +1,374.20% | Apr 2, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $8 → $4 | Buy | Maintains | $8 → $4 | +1,865.60% | Apr 2, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $8 | Buy | Reiterates | $8 | +3,831.20% | Dec 13, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $8 | Buy | Initiates | $8 | +3,831.20% | Nov 29, 2023 |
Financial Forecast
Revenue This Year
392.76M
from 306.62M
Increased by 28.09%
Revenue Next Year
594.50M
from 392.76M
Increased by 51.36%
EPS This Year
-0.28
from -0.34
EPS Next Year
-0.21
from -0.28
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 420.0M | 707.0M | 670.5M | ||
| Avg | 392.8M | 594.5M | 651.3M | ||
| Low | 362.8M | 482.5M | 625.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.0% | 80.0% | 12.8% | ||
| Avg | 28.1% | 51.4% | 9.6% | ||
| Low | 18.3% | 22.8% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.23 | -0.16 | -0.18 |
| Avg | -0.28 | -0.21 | -0.17 |
| Low | -0.32 | -0.25 | -0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.