MicroVision (MVIS) to Release Quarterly Earnings on Wednesday

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

MicroVision Stock Performance

Shares of MVIS opened at $1.37 on Tuesday. MicroVision has a 52-week low of $0.80 and a 52-week high of $2.70. The firm has a market cap of $300.05 million, a price-to-earnings ratio of -3.34 and a beta of 2.87. The business’s fifty day moving average is $1.39 and its 200-day moving average is $1.14.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. D. Boral Capital assumed coverage on MicroVision in a research note on Monday, February 10th. They issued a “buy” rating and a $3.00 price objective for the company. Westpark Capital lifted their target price on MicroVision from $1.30 to $2.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Finally, StockNews.com raised MicroVision to a “sell” rating in a research note on Friday, December 20th.

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.