
Microvast Holdings (MVST) Stock Forecast & Price Target
Microvast Holdings (MVST) Analyst Ratings
Bulls say
Microvast Holdings Inc. is positioned for significant growth in a rapidly expanding market, with electric commercial vehicle sales projected to increase at a 39% compound annual growth rate (CAGR) until 2030, substantially outpacing traditional vehicle sales. The company anticipates a significant improvement in gross margins, forecasting an increase from approximately 8.2% in 2022 to 24.0% by 2026, underlined by a 17.1-point year-over-year improvement in non-GAAP gross margins to 23.5%. Additionally, global lithium-ion battery demand is expected to surged from around 31 GWh in 2022 to approximately 510 GWh by 2030, indicating a robust market for Microvast’s innovative battery solutions.
Bears say
Microvast Holdings Inc. has declined to provide FY24 revenue guidance, which raises concerns about the company's ability to meet future financial expectations. The company's backlog has significantly decreased from $678.1 million in Q3 2023 to $276.4 million in Q4 2023, indicating potential challenges in sustaining demand and securing contracts. Furthermore, the potential impact of rising interest rates on demand for electrification solutions in commercial vehicle fleets could further exacerbate revenue pressures, raising skepticism about the company's financial stability.
This aggregate rating is based on analysts' research of Microvast Holdings and is not a guaranteed prediction by Public.com or investment advice.
Microvast Holdings (MVST) Analyst Forecast & Price Prediction
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