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, March 26th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $3.25 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

MicroVision Trading Up 8.8 %

MVIS stock opened at $1.48 on Monday. The business’s 50-day moving average price is $1.40 and its two-hundred day moving average price is $1.19. The firm has a market cap of $324.15 million, a PE ratio of -3.61 and a beta of 2.63. MicroVision has a 1-year low of $0.80 and a 1-year high of $1.95.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MVIS shares. D. Boral Capital started coverage on MicroVision in a report on Monday, February 10th. They set a “buy” rating and a $3.00 target price on the stock. StockNews.com upgraded MicroVision to a “sell” rating in a report on Monday, March 10th. Finally, Westpark Capital lifted their price target on MicroVision from $1.30 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd.

About MicroVision

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.