Cantor Fitzgerald Forecasts Microvast FY2025 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Microvast in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg anticipates 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 restated a “buy” rating and set a $3.00 target price on shares of Microvast in a research note on Monday, November 18th.

Microvast Stock Performance

Shares of Microvast stock opened at $2.18 on Thursday. The company has a 50 day moving average of $1.59 and a 200-day moving average of $0.75. The company has a market cap of $705.93 million, a PE ratio of -5.74 and a beta of 2.14. The company has a current ratio of 1.30, a quick ratio of 0.83 and a debt-to-equity ratio of 0.24. Microvast has a 1-year low of $0.15 and a 1-year high of $2.87.

Institutional Investors Weigh In On Microvast

A number of hedge funds have recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new stake in shares of Microvast during the second quarter worth $28,000. AQR Capital Management LLC increased its stake in shares of Microvast by 569.1% in the second quarter. AQR Capital Management LLC now owns 109,139 shares of the company’s stock valued at $50,000 after buying an additional 92,828 shares during the period. XTX Topco Ltd bought a new position in shares of Microvast during the second quarter worth about $80,000. Renaissance Technologies LLC acquired a new position in shares of Microvast in the second quarter worth approximately $90,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Microvast in the 2nd quarter valued at $141,000. 20.72% of the stock is currently owned by institutional investors and hedge funds.

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.