Microvast Holdings, Inc. (MVST)

NASDAQ: MVST · IEX Real-Time Price · USD
0.492
-0.001 (-0.14%)
Apr 19, 2024, 3:38 PM EDT - Market open
-0.14%
Market Cap 155.68M
Revenue (ttm) 306.62M
Net Income (ttm) -106.34M
Shares Out 317.21M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,523,026
Open 0.493
Previous Close 0.493
Day's Range 0.481 - 0.525
52-Week Range 0.452 - 2.910
Beta 1.47
Analysts Buy
Price Target 4.50 (+814.63%)
Earnings Date May 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... [Read more]

Sector Industrials
Founded 2006
Employees 2,006
Stock Exchange NASDAQ
Ticker Symbol MVST
Full Company Profile

Financial Performance

In 2023, MVST'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.

Financial Statements

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 814.63% from the latest price.

Price Target
$4.5
(814.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Microvast Reports 2023 Financial Results

Revenue increased 49.9% year over year to $306.6 million in FY 2023 Record quarterly revenue of $104.6 million, up 61.4% year over year in Q4 2023 Gross margin increased from 4.4% to 18.7%, a 14.3 per...

17 days ago - GlobeNewsWire

Microvast Schedules Fourth Quarter Earnings Call

STAFFORD, Texas, March 19, 2024 (GLOBE NEWSWIRE) -- Microvast Holdings, Inc. (NASDAQ: MVST), (“Microvast” or the “Company”), a technology innovator that designs, develops, and manufactures lithium-ion...

4 weeks ago - GlobeNewsWire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

2 months ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

2 months ago - Accesswire

MICROVAST SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Microvast To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Microvast stock or options between October 19, 2022 and November 20, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partne...

2 months ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Microvast Holdings, Inc. (MVST)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 5, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of invest...

2 months ago - Business Wire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Microvast Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2024 - (NASDAQ: MVST)

NEW YORK , Feb. 2, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Microvast Holdings, Inc.. Shareholders who purchased shares of MVST during the class period li...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Microvast Investors of a Lead Plaintiff Deadline of February 5, 2024

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Attention Microvast Holdings, Inc. ("Microvast") (NASDAQ: MVST) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced...

2 months ago - PRNewsWire

MVST Investors Have Opportunity to Lead Microvast Holdings, Inc. Securities Fraud Lawsuit

LOS ANGELES , Jan. 31, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...

2 months ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

2 months ago - Accesswire

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Microvast Holdings, Inc.(MVST) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Microvast Holdings, Inc. ("Microvast" or the "Company") (NASDAQ: MVST) of a class action securities lawsuit. CLASS ...

2 months ago - PRNewsWire

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

MICROVAST INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Microvast To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Microvast stock or options between October 19, 2022 and November 20, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partne...

3 months ago - PRNewsWire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Microvast Holdings, Inc. - MVST

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Microvast Holdings, Inc. ("Microvast" or the "Company") (NASDAQ: MVST). Such investo...

3 months ago - PRNewsWire

ROSEN, A LEADING LAW FIRM, Encourages Microvast Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MVST, MVSTW

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds of purchasers of securities of Microvast Holdings, Inc. (NASDAQ: MVST, MVSTW) between October 1...

3 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Mic...

3 months ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Microvast Holdings, Inc. - MVST

NEW YORK , Jan. 14, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Microvast Holdings, Inc. ("Microvast" or the "Company") (NASDAQ: MVST).  Such investors are adv...

3 months ago - PRNewsWire

ROSEN, A LEADING AND TOP RANKED LAW FIRM, Encourages Microvast Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MVST, MVSTW

NEW YORK, Jan. 14, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds of purchasers of securities of Microvast Holdings, Inc. (NASDAQ: MVST, MVSTW) between October 19...

3 months ago - PRNewsWire

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Microvast Holdings, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - MVST, MVSTW

NEW YORK , Jan. 7, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds of purchasers of securities of Microvast Holdings, Inc. (NASDAQ: MVST, MVSTW) between October 19...

3 months ago - PRNewsWire

MICROVAST INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Microvast To Contact Him Directly To Discuss Their Options

If you suffered losses exceeding $50,000 investing in Microvast stock or options between October 19, 2022 and November 20, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partne...

3 months ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Microvast Holdings, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Microvast Holdings, Inc. ("Micr...

3 months ago - Accesswire