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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 1 | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 4 | 4 | 4 | 4 | 4 |
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 |
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
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
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.