
MicroVision (MVIS) Stock Forecast & Price Target
MicroVision (MVIS) Analyst Ratings
Bulls say
MicroVision Inc. has expanded its production capacity for the MOVIA L sensor, positioning the company favorably for competitive cost advantages and potentially shorter sales cycles in the automotive sector. The early commercial traction in the Industrial and Security markets, underscored by initial orders for short-range lidar sensors, suggests a developing revenue stream that could enhance future financial performance. Additionally, with a stable cash position and in-house manufacturing capabilities, MicroVision is well-equipped to extend its financial runway and capitalize on upcoming commercialization opportunities in diverse markets.
Bears say
MicroVision Inc reported flat revenue of $0.2 million for the quarter, entirely from industrial customers, and recorded a net loss of $14.2 million, highlighting ongoing financial challenges. Given the unfavorable macroeconomic conditions for SPAC public companies and the uncertainty surrounding the adoption of new LiDAR technologies, the company faces significant risks in securing a foothold in the automotive sector. Additionally, failure to ramp up production and secure agreements with automotive OEMs may result in lost opportunities to competitors, further exacerbating concerns regarding its long-term viability.
This aggregate rating is based on analysts' research of MicroVision and is not a guaranteed prediction by Public.com or investment advice.
MicroVision (MVIS) Analyst Forecast & Price Prediction
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