MicroVision (MVIS) to Release Quarterly Earnings on Wednesday

MicroVision (NASDAQ:MVIS) is projected to announce 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. Parties that wish to register for the company’s conference call can do so using this link.

MicroVision Price Performance

MVIS stock opened at $1.48 on Monday. The business has a fifty day moving average price of $1.40 and a 200 day moving average price of $1.19. MicroVision has a fifty-two week low of $0.80 and a fifty-two week high of $1.95. The stock has a market capitalization of $324.15 million, a price-to-earnings ratio of -3.61 and a beta of 2.63.

Wall Street Analyst Weigh In

MVIS has been the subject of a number of recent analyst reports. Westpark Capital raised their price target on MicroVision from $1.30 to $2.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. StockNews.com raised MicroVision to a “sell” rating in a report on Monday, March 10th. Finally, D. Boral Capital initiated coverage on MicroVision in a report on Monday, February 10th. They set a “buy” rating and a $3.00 price target for the company.

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.