Analysts Set Expectations for Microvast FY2025 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST - Free Report) - Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Microvast in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg anticipates that the company will post earnings of ($0.02) per share for the year. The consensus estimate for Microvast's current full-year earnings is ($0.30) per share.

Separately, HC Wainwright reiterated a "buy" rating and issued a $3.00 target price on shares of Microvast in a research report on Monday, November 18th.

Microvast Stock Performance

Microvast stock traded up $0.19 during trading hours on Thursday, hitting $2.18. 14,145,978 shares of the stock traded hands, compared to its average volume of 14,917,243. Microvast has a 1 year low of $0.15 and a 1 year high of $2.87. The stock has a market capitalization of $705.93 million, a price-to-earnings ratio of -5.74 and a beta of 2.14. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.30 and a quick ratio of 0.83. The firm's 50 day moving average price is $1.56 and its 200-day moving average price is $0.74.

Institutional Investors Weigh In On Microvast

Several hedge funds have recently bought and sold shares of the stock. Point72 DIFC Ltd acquired a new stake in Microvast during the second quarter valued at $28,000. AQR Capital Management LLC raised its holdings in Microvast by 569.1% in the 2nd quarter. AQR Capital Management LLC now owns 109,139 shares of the company's stock worth $50,000 after purchasing an additional 92,828 shares during the period. XTX Topco Ltd acquired a new stake in Microvast in the second quarter valued at approximately $80,000. Renaissance Technologies LLC purchased a new stake in shares of Microvast in the second quarter valued at approximately $90,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Microvast during the 2nd quarter worth approximately $141,000. 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.