Microvast Holdings, Inc. (MVST)
NASDAQ: MVST · IEX Real-Time Price · USD
0.837
-0.004 (-0.51%)
At close: Mar 28, 2024, 4:00 PM
0.850
+0.013 (1.55%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Microvast Holdings Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Microvast Holdings stock have an average target of 8.00, which predicts an increase of 855.79% from the current stock price of 0.84.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.00 $8.00 $8.00 $8.00
Change +855.79% +855.79% +855.79% +855.79%
* Price targets were last updated on Dec 13, 2023.

Analyst Ratings

The average analyst rating for MVST stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 122222
Hold 000000
Sell 000000
Strong Sell 000000
Total 344444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$8
Buy Reiterates $8 +855.79% Dec 13, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Initiates
$8
Buy Initiates $8 +855.79% Nov 29, 2023
Janney Montgomery Scott
Janney Montgomery Scott
Strong Buy
Initiates
$8
Strong Buy Initiates $8 +855.79% Aug 31, 2023
Oppenheimer
Oppenheimer
Buy
Reiterates
$8
Buy Reiterates $8 +855.79% Aug 8, 2023
Oppenheimer
Oppenheimer
Buy
Reiterates
$8
Buy Reiterates $8 +855.79% May 26, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
302.64M
from 204.50M
Increased by 47.99%
Revenue Next Year
635.00M
from 302.64M
Increased by 109.82%
EPS This Year
-0.30
from -0.52
EPS Next Year
-0.13
from -0.30
Year 20182019202020212022202320242025202620272028
Revenue
174.24M76.43M107.52M151.98M204.50M302.64M635.00M1.07B1.40B1.65B1.95B
Revenue Growth
--56.13%40.67%41.35%34.56%47.99%109.82%68.66%30.53%17.67%18.30%
EPS
-161.90-1.17-0.82-1.26-0.52-0.30-0.130.180.78--
EPS Growth
--------322.22%--
No. Analysts -----666433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 314.0M 768.6M 1.3B 1.7B 1.7B 2.0B
Avg 302.6M 635.0M 1.1B 1.4B 1.6B 1.9B
Low 288.8M 539.0M 808.5M 1.2B 1.6B 1.9B

Revenue Growth

Revenue Growth 202320242025202620272028
High
53.5%
154.0%
109.6%
54.4%
21.2%
21.8%
Avg
48.0%
109.8%
68.7%
30.5%
17.7%
18.3%
Low
41.2%
78.1%
27.3%
12.1%
13.1%
13.6%

EPS Forecast

EPS 2023202420252026
High -0.13 0.25 0.89 1.29
Avg -0.30 -0.13 0.18 0.78
Low -0.35 -0.26 -0.15 0.28

EPS Growth

EPS Growth 2023202420252026
High - - -
603.4%
Avg - - -
322.2%
Low - - -
54.8%
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.