Cantor Fitzgerald Predicts Microvast FY2026 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Microvast in a report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg expects that the company will earn $0.21 per share for the year. The consensus estimate for Microvast's current full-year earnings is ($0.30) per share.

Microvast (NASDAQ:MVST - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.10. Microvast had a negative net margin of 30.88% and a negative return on equity of 22.10%. The firm had revenue of $116.49 million during the quarter, compared to analyst estimates of $104.00 million.

A number of other equities analysts have also commented on MVST. HC Wainwright reaffirmed a "buy" rating and issued a $3.00 price target on shares of Microvast in a report on Tuesday, April 8th. Wall Street Zen raised Microvast from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

Microvast Stock Performance

Microvast stock traded down $0.04 during mid-day trading on Tuesday, reaching $4.17. The company's stock had a trading volume of 1,944,607 shares, compared to its average volume of 12,391,299. The firm's fifty day moving average price is $2.75 and its two-hundred day moving average price is $2.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.83 and a current ratio of 1.30. Microvast has a 12-month low of $0.15 and a 12-month high of $4.32. The company has a market capitalization of $1.36 billion, a P/E ratio of -10.94 and a beta of 3.02.

Hedge Funds Weigh In On Microvast

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets bought a new position in Microvast in the 4th quarter valued at $25,000. SBI Securities Co. Ltd. purchased a new stake in shares of Microvast in the fourth quarter worth $32,000. IMG Wealth Management Inc. purchased a new stake in shares of Microvast in the fourth quarter worth $38,000. Prudential Financial Inc. bought a new stake in Microvast during the fourth quarter valued at $55,000. Finally, XTX Topco Ltd grew its position in Microvast by 38.4% during the fourth quarter. XTX Topco Ltd now owns 119,066 shares of the company's stock worth $246,000 after buying an additional 33,016 shares in the last quarter. Hedge funds and other institutional investors own 20.72% of the company's stock.

About Microvast

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.