MicroVision (MVIS) Expected to Announce Earnings on Wednesday

MicroVision (NASDAQ:MVIS) 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.

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.