MicroVision (MVIS) Expected to Announce Earnings on Wednesday

MicroVision (NASDAQ:MVISGet Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $3.25 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

MicroVision Stock Performance

MVIS stock opened at $1.28 on Wednesday. The stock’s 50 day moving average price is $1.39 and its 200 day moving average price is $1.18. The firm has a market cap of $280.34 million, a P/E ratio of -3.12 and a beta of 2.63. MicroVision has a 1 year low of $0.80 and a 1 year high of $1.95.

Analysts Set New Price Targets

A number of research firms recently commented on MVIS. Westpark Capital increased their price objective on MicroVision from $1.30 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. StockNews.com upgraded shares of MicroVision to a “sell” rating in a report on Monday, March 10th. Finally, D. Boral Capital assumed coverage on shares of MicroVision in a report on Monday, February 10th. They set a “buy” rating and a $3.00 price target for the company.

View Our Latest Stock Analysis on MVIS

MicroVision Company Profile

(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.

Further Reading

Earnings History for MicroVision (NASDAQ:MVIS)

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