Brokers Offer Predictions for Microvast FY2025 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Microvast in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects that the company will post earnings per share of ($0.02) for the year. The consensus estimate for Microvast’s current full-year earnings is ($0.30) per share.

Separately, HC Wainwright reissued a “buy” rating and set a $3.00 price objective on shares of Microvast in a research report on Monday, November 18th.

Microvast Stock Up 9.5 %

Microvast stock opened at $2.18 on Thursday. The company has a quick ratio of 0.83, a current ratio of 1.30 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $705.93 million, a PE ratio of -5.74 and a beta of 2.14. The firm’s fifty day moving average is $1.59 and its 200 day moving average is $0.75. Microvast has a 12-month low of $0.15 and a 12-month high of $2.87.

Institutional Trading of Microvast

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of Microvast in the second quarter valued at $90,000. XTX Topco Ltd acquired a new stake in shares of Microvast in the 2nd quarter worth about $80,000. Point72 DIFC Ltd bought a new position in Microvast in the 2nd quarter valued at about $28,000. Cubist Systematic Strategies LLC acquired a new position in Microvast during the 2nd quarter valued at about $264,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Microvast during the 2nd quarter worth approximately $141,000. Institutional investors and hedge funds own 20.72% of the company’s stock.

Microvast Company Profile

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.