MicroVision (MVIS) Projected to Post Earnings on Wednesday

MicroVision (NASDAQ:MVIS) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect MicroVision to post earnings of ($0.10) per share and revenue of $3.40 million for the quarter.

MicroVision Trading Down 0.7 %

NASDAQ:MVIS opened at $1.33 on Wednesday. The stock has a market capitalization of $291.29 million, a P/E ratio of -3.24 and a beta of 2.87. MicroVision has a 1 year low of $0.80 and a 1 year high of $2.70. The firm has a 50 day moving average of $1.32 and a 200-day moving average of $1.12.

Analyst Upgrades and Downgrades

MVIS has been the subject of a number of research reports. D. Boral Capital assumed coverage on MicroVision in a research note on Monday, February 10th. They issued a “buy” rating and a $3.00 target price for the company. StockNews.com upgraded shares of MicroVision to a “sell” rating in a research report on Friday, December 20th. Finally, Westpark Capital upped their target price on shares of MicroVision from $1.30 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd.

MicroVision Company Profile

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.