NASDAQ:MVST Microvast (MVST) Stock Forecast, Price & News $1.89 +0.03 (+1.61%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$1.86▼$1.9550-Day Range$1.57▼$2.8752-Week Range$0.88▼$2.91Volume2.49 million shsAverage Volume2.54 million shsMarket Capitalization$584.78 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/Downside323.3% Upside$8.00 Price TargetShort InterestBearish8.78% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 2 Articles This WeekInsider TradingSelling Shares$632,278 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to ($0.16) 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.2.20 out of 5 starsBusiness Services Sector144th out of 321 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry6th out of 29 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 3 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 323.3% from its current price of $1.89.Amount of Analyst CoverageMicrovast has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.78% of the float of Microvast has been sold short.Short Interest Ratio / Days to CoverMicrovast has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Microvast has recently decreased by 0.17%, indicating that investor sentiment is improving. 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 1.5 News and Social Media Coverage News SentimentMicrovast has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Microvast this week, compared to 2 articles on an average week.Search InterestOnly 26 people have searched for MVST on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Microvast to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Microvast insiders have sold 2,865.66% more of their company's stock than they have bought. Specifically, they have bought $21,320.00 in company stock and sold $632,278.00 in company stock.Percentage Held by Insiders31.30% 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 22.59% 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 ($0.36) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Microvast is -4.61, 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 -4.61, 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 0.95. 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 in the United States, China, rest of the Asia Pacific, and Europe. 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. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.Read More MVST Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MVST Stock News HeadlinesSeptember 24, 2023 | finance.yahoo.comBoth retail investors who control a good portion of Microvast Holdings, Inc. (NASDAQ:MVST) along with institutions must be dismayed after last week's 13% decreaseSeptember 21, 2023 | finance.yahoo.comAre Business Services Stocks Lagging Microvast (MVST) This Year?October 1, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 20, 2023 | barrons.comMicrovast Holdings Inc. WtSeptember 19, 2023 | benzinga.comMicrovast Holdings Board Member Trades Company's StockSeptember 19, 2023 | benzinga.comWhy Microvast Stock (MVST) Is NosedivingSeptember 19, 2023 | finance.yahoo.comDirector Yanzhuan Zheng Sells 313,009 Shares of Microvast Holdings Inc (MVST)September 18, 2023 | msn.comMicrovast Holdings director discloses sale of 313,009 sharesOctober 1, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 1, 2023 | msn.comJanney Montgomery Scott Initiates Coverage of Microvast Holdings (MVST) with Buy RecommendationAugust 31, 2023 | markets.businessinsider.comHere's What's Going On With Microvast Stock ThursdayAugust 23, 2023 | msn.comAfter Plunging -29.39% in 4 Weeks, Here's Why the Trend Might Reverse for Microvast Holdings, Inc. (MVST)August 10, 2023 | finance.yahoo.comMicrovast Holdings, Inc. (NASDAQ:MVST) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | bizjournals.comBattery maker Microvast's record $676M backlog falls on shoulders of new Clarksville plantAugust 8, 2023 | finance.yahoo.comMicrovast Appoints Zach Ward as President to Drive Ongoing U.S. ExpansionAugust 8, 2023 | finance.yahoo.comMicrovast Holdings, Inc. (MVST) Reports Q2 Loss, Tops Revenue EstimatesAugust 8, 2023 | seekingalpha.comMicrovast Holdings Non-GAAP EPS of -$0.02, revenue of $75M beats by $9.3MAugust 8, 2023 | markets.businessinsider.comWhy Microvast Stock Is Moving Higher TodayAugust 7, 2023 | seekingalpha.comMicrovast Holdings, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 6, 2023 | msn.comMicrovast: Vast Upside With Vast RisksAugust 4, 2023 | benzinga.comMicrovast Holdings's Earnings OutlookJuly 28, 2023 | stockhouse.comROSEN, A TOP RANKED LAW FIRM, Encourages Microvast Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - MVST, MVSTWJuly 27, 2023 | finance.yahoo.comMicrovast to Present at the Oppenheimer 26th Annual Technology, Internet & Communications ConferenceJuly 13, 2023 | seekingalpha.comMVST and AZ among industrial moversJuly 11, 2023 | finance.yahoo.comMicrovast Announces Energy Division Expansion in ColoradoJuly 7, 2023 | seekingalpha.comEH and MVST among industrial moversJuly 3, 2023 | benzinga.comROSEN, RESPECTED INVESTOR COUNSEL, Encourages Microvast Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - MVST, MVSTWSee More Headlines 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 Earnings8/07/2023Today9/30/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electrical Equipment & Parts Sub-IndustryN/A SectorIndustrials 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+323.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.41) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-158,200,000.00 Net Margins-55.88% Pretax Margin-55.85% Return on Equity-20.89% Return on Assets-12.74% Debt Debt-to-Equity Ratio0.13 Current Ratio1.46 Quick Ratio1.16 Sales & Book Value Annual Sales$204.49 million Price / Sales2.86 Cash FlowN/A Price / Cash FlowN/A Book Value$1.98 per share Price / Book0.95Miscellaneous Outstanding Shares309,410,000Free Float212,565,000Market Cap$584.78 million OptionableOptionable Beta1.48 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Yang Wu (Age 57)Founder, Chairman & CEO Comp: $542.89kMr. Craig Webster (Age 51)Chief Financial Officer Comp: $323.24kMr. Sascha Rene Kelterborn (Age 49)Chief Revenue Officer Comp: $453.43kMr. Zachariah Ward (Age 49)Pres Ms. Gao Lu (Age 41)Chief Accounting Officer Dr. Wenjuan Mattis Ph.D. (Age 43)Chief Technology Officer Ms. Sarah Beth Alexander (Age 39)Compliance Officer & Head of Investor Relations Ms. Isida Tushe (Age 36)Gen. Counsel & Corp. Sec. Mr. Shane Smith (Age 55)Chief Procurement Officer. Dr. Shengxian Wu Ph.D. (Age 39)Chief Exec. Officer of China More ExecutivesKey CompetitorsAmprius TechnologiesNYSE:AMPXViadNYSE:VVITELUS International (Cda)NYSE:TIXTGambling.com GroupNASDAQ:GAMBFranklin CoveyNYSE:FCView All CompetitorsInsiders & InstitutionsYanzhuan ZhengSold 313,009 sharesTotal: $632,278.18 ($2.02/share)Craig WebsterBought 13,000 shares on 8/22/2023Total: $21,320.00 ($1.64/share)California State Teachers Retirement SystemSold 42,327 shares on 8/21/2023Ownership: 0.041%Nuveen Asset Management LLCBought 182,711 shares on 8/16/2023Ownership: 0.209%Citadel Advisors LLCBought 30,000 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MVST Stock - Frequently Asked Questions Should I buy or sell Microvast stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Microvast in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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? 3 Wall Street analysts have issued twelve-month price objectives for Microvast's shares. Their MVST share price forecasts range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 323.3% 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 stock has increased by 23.5% and is now trading at $1.89. View the best growth stocks for 2023 here. When is Microvast's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our MVST earnings forecast. How were Microvast's earnings last quarter? Microvast Holdings, Inc. (NASDAQ:MVST) issued its earnings results on Monday, August, 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.06. The firm had revenue of $74.95 million for the quarter, compared to the consensus estimate of $64.19 million. Microvast had a negative trailing twelve-month return on equity of 20.89% and a negative net margin of 55.88%. What ETFs hold Microvast's stock? ETFs with the largest weight of Microvast (NASDAQ:MVST) stock in their portfolio include SPDR S&P Kensho Smart Mobility ETF (HAIL), Amplify Lithium& Battery Technology ETF (BATT), WisdomTree Battery Value Chain and Innovation Fund (WBAT), Global X Autonomous & Electric Vehicles ETF (DRIV) and iShares Self-Driving EV and Tech ETF (IDRV).First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). What guidance has Microvast issued on next quarter's earnings? Microvast updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $72.00 million-$80.00 million, compared to the consensus revenue estimate of $84.62 million. What is Microvast's stock symbol? Microvast trades on the NASDAQ under the ticker symbol "MVST." 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 $1.89. How much money does Microvast make? Microvast (NASDAQ:MVST) has a market capitalization of $584.78 million and generates $204.49 million in revenue each year. The company earns $-158,200,000.00 in net income (profit) each year or ($0.41) 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 10/1/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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