- MicroVision (MVIS, Financial) is on track to release its Q1 earnings report, with expectations of improved financials.
- Analysts forecast a significant year-over-year increase in revenue and a narrower EPS loss.
- Potential for substantial upside based on price targets and GF Value estimates.
MicroVision (MVIS) is gearing up to unveil its first-quarter earnings on May 12th after the market closes. Analysts have set an expectation for an earnings per share (EPS) of -$0.07, marking a 46.2% improvement year-over-year. Furthermore, they anticipate revenues to reach $2.25 million, representing a significant 134.4% surge from the previous year's figures.
Wall Street Analysts Forecast
Looking at the one-year price targets provided by two analysts, Microvision Inc (MVIS, Financial) holds an average target price of $2.50. This is framed by a high estimate of $3.00 and a low estimate of $2.00. These projections suggest a remarkable upside potential of 108.33% from the current trading price of $1.20. Investors can find more extensive estimate data on the Microvision Inc (MVIS) Forecast page.
The consensus recommendation from two brokerage firms positions Microvision Inc (MVIS, Financial) at an average brokerage recommendation of 2.0, aligning with an "Outperform" status. This rating employs a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 signifies a Sell.
According to GuruFocus estimates, the projected GF Value for Microvision Inc (MVIS, Financial) in a year is $7.28, implying an impressive upside of 506.67% from the current price of $1.20. The GF Value is GuruFocus' estimation of the stock's fair trading value, derived from historical trading multiples, previous business growth, and future business performance forecasts. More comprehensive data is available on the Microvision Inc (MVIS) Summary page.
