Cantor Fitzgerald Forecasts Microvast FY2025 Earnings

Microvast Holdings, Inc. (NASDAQ:MVST) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Microvast in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects 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 issued a $3.00 price objective on shares of Microvast in a report on Monday, November 18th.

Microvast Stock Down 2.8 %

Shares of NASDAQ:MVST opened at $2.08 on Thursday. The stock’s 50-day moving average price is $1.53 and its two-hundred day moving average price is $0.73. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.30 and a quick ratio of 0.83. Microvast has a 12-month low of $0.15 and a 12-month high of $2.87.

Institutional Trading of Microvast

Hedge funds have recently added to or reduced their stakes in the business. Point72 DIFC Ltd bought a new stake in shares of Microvast in the 2nd quarter worth $28,000. AQR Capital Management LLC raised its stake in shares of Microvast by 569.1% in the 2nd quarter. AQR Capital Management LLC now owns 109,139 shares of the company’s stock worth $50,000 after buying an additional 92,828 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Microvast in the 2nd quarter worth $80,000. Renaissance Technologies LLC bought a new stake in shares of Microvast in the 2nd quarter worth $90,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Microvast during the second quarter worth $141,000. Institutional investors own 20.72% of the company’s stock.

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.