Analyst Price Target is $3.33
▲ +117.86% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Microvast in the last 3 months. The average price target is $3.33, with a high forecast of $4.00 and a low forecast of $3.00. The average price target represents a 117.86% upside from the last price of $1.53.
Current Consensus is
Moderate Buy
The current consensus among 3 contributing investment analysts is to moderate buy stock in Microvast. This rating has held steady since March 2024, when it changed from a Buy consensus rating.
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. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.
Read More