NASDAQ:MVST Microvast (MVST) Stock Forecast, Price & News $1.27 -0.10 (-7.30%) (As of 05/30/2023 ET) Add Compare Share Share Today's Range$1.23▼$1.3850-Day Range$0.95▼$2.2052-Week Range$0.88▼$5.76Volume3.54 million shsAverage Volume7.73 million shsMarket Capitalization$392.98 millionP/E RatioN/ADividend YieldN/APrice Target$8.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Microvast MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside529.9% Upside$8.00 Price TargetShort InterestBearish10.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.44) to ($0.25) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsBusiness Services Sector195th out of 346 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry10th out of 27 stocks 3.5 Analyst's Opinion Consensus RatingMicrovast has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, Microvast has a forecasted upside of 529.9% from its current price of $1.27.Amount of Analyst CoverageMicrovast has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.42% of the float of Microvast has been sold short.Short Interest Ratio / Days to CoverMicrovast has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Microvast has recently increased by 21.19%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMicrovast does not currently pay a dividend.Dividend GrowthMicrovast does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MVST. Previous Next 2.9 News and Social Media Coverage News SentimentMicrovast has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Microvast this week, compared to 3 articles on an average week.Search Interest43 people have searched for MVST on MarketBeat in the last 30 days. This is an increase of 87% compared to the previous 30 days.MarketBeat Follows16 people have added Microvast to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Microvast insiders have not sold or bought any company stock.Percentage Held by Insiders21.02% of the stock of Microvast is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 22.52% of the stock of Microvast is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Microvast are expected to grow in the coming year, from ($0.44) to ($0.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Microvast is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Microvast is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMicrovast has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Microvast (NASDAQ:MVST) StockMicrovast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. 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 and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.Read More Receive MVST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Microvast and its competitors with MarketBeat's FREE daily newsletter. Email Address MVST Stock News HeadlinesMay 30, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Microvast Holdings, Inc. - MVSTMay 26, 2023 | msn.comOppenheimer Reiterates Microvast Holdings (MVST) Outperform RecommendationMay 31, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 26, 2023 | msn.comHC Wainwright & Co. Reiterates Microvast Holdings (MVST) Buy RecommendationMay 26, 2023 | barrons.comInvestigation of Microvast Holdings, Inc. (MVST) Announced by Holzer & Holzer, LLCMay 26, 2023 | businesswire.comLOSS ALERT: ROSEN, A LEADING NATIONAL FIRM, Encourages Microvast Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – MVST, MVSTWMay 26, 2023 | markets.businessinsider.comMicrovast Holdings (MVST) Receives a Rating Update from a Top AnalystMay 24, 2023 | reuters.comMicrovast eyes options after US energy dept cancels $200 mln grantMay 31, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 24, 2023 | msn.comMicrovast Has Got A China ProblemMay 24, 2023 | msn.comMicrovast Stock Is Moving Higher On Company Response To DOEMay 24, 2023 | finance.yahoo.comMicrovast Responds to DOE Decision to Withdraw Separator GrantMay 24, 2023 | markets.businessinsider.comWhy Is Microvast (MVST) Stock Dowqn 20% Today?May 23, 2023 | investorplace.comWhy Is Microvast (MVST) Stock Down 20% Today?May 23, 2023 | reuters.comUS will not award $200 mln grant for Microvast battery company -sourceMay 23, 2023 | msn.comMicrovast Crashes after Report of U.S. DoE Withdrawing GrantMay 23, 2023 | markets.businessinsider.comMicrovast Stock Sees Sudden Selling Pressure: What's Going On?May 23, 2023 | seekingalpha.comMicrovast plunges as Energy Department said to cancel DoE contractMay 22, 2023 | reuters.comUS cancels talks on $200 mln for Microvast battery company -sourceMay 21, 2023 | seekingalpha.comMicrovast: A Sustainable Competitive Advantage Will Continue To Move Shares HigherMay 19, 2023 | americanbankingnews.comMicrovast (NASDAQ:MVST) Sees Unusually-High Trading VolumeMay 11, 2023 | msn.com‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take AdvantageMay 10, 2023 | msn.comMicrovast Holdings Q1 2023 Earnings PreviewMay 10, 2023 | finance.yahoo.comMicrovast Holdings, Inc. (MVST) Reports Q1 Loss, Tops Revenue EstimatesMay 10, 2023 | insidermonkey.comMicrovast Holdings, Inc. (NASDAQ:MVST) Q1 2023 Earnings Call TranscriptMay 10, 2023 | markets.businessinsider.comWhy Microvast (MVST) Shares Are Exploding HigherMay 10, 2023 | investorplace.com5 Investors Betting Big on Microvast (MVST) StockSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MVST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Microvast and its competitors with MarketBeat's FREE daily newsletter. Email Address MVST Company Calendar Last Earnings3/16/2023Today5/31/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:MVST CUSIPN/A CIK1760689 Webwww.microvast.com Phone281-491-9505FaxN/AEmployees1,535Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.00 High Stock Price Forecast$8.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+529.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.48) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-158,200,000.00 Net Margins-67.04% Pretax Margin-67.02% Return on Equity-23.38% Return on Assets-14.79% Debt Debt-to-Equity Ratio0.12 Current Ratio1.79 Quick Ratio1.47 Sales & Book Value Annual Sales$204.49 million Price / Sales1.92 Cash FlowN/A Price / Cash FlowN/A Book Value$1.98 per share Price / Book0.64Miscellaneous Outstanding Shares309,430,000Free Float244,385,000Market Cap$392.98 million OptionableOptionable Beta1.26 Key ExecutivesMr. Yang Wu (Age 57)Founder, Chairman & CEO Comp: $224.63kMr. Craig Webster (Age 51)Chief Financial Officer Comp: $39.12kMr. Shane Smith (Age 55)Chief Operation Officer Comp: $261.14kDr. Wenjuan Mattis Ph.D. (Age 43)Chief Technology Officer Comp: $257.81kMr. Sascha Rene Kelterborn (Age 49)Chief Revenue Officer, MD of Europe, Middle East & Africa Division and Pres Ms. Gao Lu (Age 41)Chief Accounting Officer Ms. Sarah Beth Alexander (Age 39)Gen. Counsel, Corp. Sec., Compliance Officer & Head of Investor Relations Mr. Yanzhuan Zheng (Age 58)Sr. Advisory Role & Director Dr. Shengxian Wu Ph.D. (Age 39)Chief Exec. Officer of China More ExecutivesKey CompetitorsAmprius TechnologiesNYSE:AMPXByrna TechnologiesNASDAQ:BYRNConcrete PumpingNASDAQ:BBCPIspire TechnologyNASDAQ:ISPRBowman Consulting GroupNASDAQ:BWMNView All CompetitorsInsiders & InstitutionsToroso Investments LLCBought 25,740 shares on 5/23/2023Ownership: 0.120%JPMorgan Chase & Co.Bought 41,921 shares on 5/18/2023Ownership: 0.073%New York State Common Retirement FundSold 52,200 shares on 5/18/2023Ownership: 0.022%Susquehanna International Group LLPSold 17,200 shares on 5/16/2023Ownership: 0.000%AQR Capital Management LLCBought 33,877 shares on 5/16/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions MVST Stock - Frequently Asked Questions Should I buy or sell Microvast stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Microvast in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MVST shares. View MVST analyst ratings or view top-rated stocks. What is Microvast's stock price forecast for 2023? 2 equities research analysts have issued 1-year target prices for Microvast's stock. Their MVST share price forecasts range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 529.9% from the stock's current price. View analysts price targets for MVST or view top-rated stocks among Wall Street analysts. How have MVST shares performed in 2023? Microvast's stock was trading at $1.53 at the beginning of 2023. Since then, MVST shares have decreased by 17.0% and is now trading at $1.27. View the best growth stocks for 2023 here. Are investors shorting Microvast? Microvast saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 17,960,000 shares, an increase of 21.2% from the April 30th total of 14,820,000 shares. Based on an average trading volume of 3,340,000 shares, the days-to-cover ratio is currently 5.4 days. Approximately 10.4% of the company's shares are sold short. View Microvast's Short Interest. When is Microvast's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our MVST earnings forecast. How were Microvast's earnings last quarter? Microvast Holdings, Inc. (NASDAQ:MVST) issued its earnings results on Thursday, March, 16th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.04. The company had revenue of $64.80 million for the quarter, compared to the consensus estimate of $60.50 million. Microvast had a negative trailing twelve-month return on equity of 23.38% and a negative net margin of 67.04%. What ETFs hold Microvast's stock? ETFs with the largest weight of Microvast (NASDAQ:MVST) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), SPDR S&P Kensho Smart Mobility ETF (HAIL), Global X Autonomous & Electric Vehicles ETF (DRIV), Amplify Lithium& Battery Technology ETF (BATT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), iShares Self-Driving EV and Tech ETF (IDRV) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). What guidance has Microvast issued on next quarter's earnings? Microvast issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $63.00 million-$67.00 million, compared to the consensus revenue estimate of $64.30 million. What is Microvast's stock symbol? Microvast trades on the NASDAQ under the ticker symbol "MVST." Who are Microvast's major shareholders? Microvast's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.89%), Mirae Asset Global Investments Co. Ltd. (1.62%), State Street Corp (1.35%), Geode Capital Management LLC (1.14%), First Trust Advisors LP (0.60%) and Charles Schwab Investment Management Inc. (0.39%). Insiders that own company stock include Craig Webster, Shane Smith and Yanzhuan Zheng. View institutional ownership trends. How do I buy shares of Microvast? Shares of MVST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Microvast's stock price today? One share of MVST stock can currently be purchased for approximately $1.27. How much money does Microvast make? Microvast (NASDAQ:MVST) has a market capitalization of $392.98 million and generates $204.49 million in revenue each year. The company earns $-158,200,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis. How many employees does Microvast have? The company employs 1,535 workers across the globe. How can I contact Microvast? Microvast's mailing address is 135 E 57th St Fl 18, New York, New York 10022-2050. The official website for the company is www.microvast.com. The company can be reached via phone at 281-491-9505 or via email at ir@microvast.com. This page (NASDAQ:MVST) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Microvast Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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