MicroVision (NASDAQ:MVIS - Get Free Report) will likely be releasing its Q4 2024 earnings data after the market closes on Wednesday, March 26th. Analysts expect MicroVision to post earnings of ($0.10) per share and revenue of $3.25 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
MicroVision (NASDAQ:MVIS - Get Free Report) last released its earnings results on Wednesday, March 26th. The electronics maker reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.04). MicroVision had a negative net margin of 1,049.43% and a negative return on equity of 102.34%. The company had revenue of $1.65 million during the quarter, compared to analysts' expectations of $3.25 million.
MicroVision Stock Down 6.5 %
NASDAQ MVIS traded down $0.09 during trading hours on Thursday, hitting $1.30. 5,973,269 shares of the company were exchanged, compared to its average volume of 3,780,708. The company has a 50 day moving average of $1.42 and a two-hundred day moving average of $1.20. The firm has a market cap of $284.72 million, a price-to-earnings ratio of -3.17 and a beta of 2.63. MicroVision has a 52-week low of $0.80 and a 52-week high of $1.95.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on MVIS shares. D. Boral Capital reissued a "buy" rating and issued a $3.00 target price on shares of MicroVision in a report on Tuesday. StockNews.com upgraded MicroVision to a "sell" rating in a research note on Monday, March 10th. Finally, Westpark Capital reissued a "buy" rating and set a $2.00 target price on shares of MicroVision in a research note on Tuesday.
Get Our Latest Stock Analysis on MicroVision
About MicroVision
(
Get Free Report)
MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.
Featured Articles
Before you consider MicroVision, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroVision wasn't on the list.
While MicroVision currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
