The 1 analysts offering 12-month price forecasts for MicroVision Inc have a median target of 5.00, with a high estimate of 5.00 and a low estimate of 5.00. The median estimate represents a +30.55% increase from the last price of 3.83.
Similarly, Who are Microvisions competitors?
MicroVision’s top competitors include Maradin, Syndiant, Intel, Texas Instruments and Velodyne.
Is MicroVision overvalued? MicroVision is way overvalued at $15
MicroVision is expected to have revenue of only $4.2M this year and no profits, so the Lidar technology company has a market-capitalization-to-sales ratio of 571… this is sales, not earnings!
Thereof, Is MicroVision a long term investment?
MicroVision stock is a high-risk bet for long-term investors given its steep valuation, current cash burn rates, and widening losses. MicroVision (NASDAQ: MVIS) is a company that operates in the autonomous vehicle space and is valued at a market cap of $1.23 billion.
What is the target price for MVIS?
Stock Price Target MVIS
| High | $ 5.00 |
|---|---|
| Median | $ 5.00 |
| Low | $ 5.00 |
| Average | $ 5.00 |
| Current Price | $ 3.38 |
How many employees does Mvis have?
Compare MVIS With Other Stocks
| Microvision Annual Number of Employees | |
|---|---|
| 2020 | 52 |
| 2019 | 30 |
| 2018 | 107 |
| 2017 | 113 |
Should I hold MicroVision?
The consensus among Wall Street analysts is that investors should « hold » MicroVision stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MVIS, but not buy additional shares or sell existing shares.
How old is MicroVision company?
MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.
What does MicroVision inc do?
MicroVision, Inc. is an American company that develops laser scanning technology for projection, 3D sensing, and image capture.
What sector is Microvision in?
Key Data
| Label | Value |
|---|---|
| Exchange | NASDAQ-GM |
| Sector | Capital Goods |
| Industry | Industrial Machinery/Components |
| 1 Year Target | $5.00 |
What industry is Microvision?
MicroVision, Inc.
| Type | Public |
|---|---|
| Industry | Optics |
| Founded | 1993 |
| Headquarters | Redmond, Washington , USA |
| Key people | Sumit Sharma, CEO Anubhav Verma, CFO Judy Curran, Director Seval Oz, Director |
Who is investing in MVIS?
Top 10 Owners of MicroVision Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| BlackRock Fund Advisors | 5.83% | 44,841,410 |
| The Vanguard Group, Inc. | 5.30% | 40,743,779 |
| SSgA Funds Management, Inc. | 2.46% | 18,882,309 |
| Geode Capital Management LLC | 1.70% | 13,053,290 |
Why is MVIS stock rising?
Why MicroVision Stock Rocketed More Than 30% Today
MicroVision is a small-cap stock that makes almost no revenue and generates losses, but due to its relatively high short interest, it has become a meme stock pushed on the Reddit message board wallstreetbets.
What is MicroVision business?
Company Profile
MicroVision is a pioneer in MEMS-based laser beam scanning technology—integrating optics, hardware, algorithms, and machine learning software into proprietary systems—that addresses existing and emerging markets.
How does MicroVision make money?
During the third quarter of 2021, MicroVision recognized revenue of $718,000 which related to royalties from a $10 million prepayment deal with Microsoft (NASDAQ:MSFT) made in 2017. The company earns royalties as its customer produces licensed components.
Who founded MicroVision?
The Microvision was designed by Jay Smith, the engineer who would later design the Vectrex gaming console.
Who are MicroVision customers?
Our customers are typically companies that produce scanning engines incorporating our patented PicoP scanning technology. We also engage end product manufacturers and retailers in our target markets to educate them about product opportunities based on our PicoP scanning technology.
When did Mvis go public?
When did MicroVision, Inc. become a public company? Our common stock began trading publicly on August 27, 1996.
When did MVIS go public?
When did MicroVision, Inc. become a public company? Our common stock began trading publicly on August 27, 1996.
Is MVIS a good stock?
MicroVision gained popularity this year due to its status as a meme stock. MVIS stock rose from $0.18 in March 2020 to $21.6 in June 2021. Its currently trading at $7.17 and is down almost 80% from 52-week highs. In Q3 of 2021, MicroVision reported revenue of $718,000 compared to $639,000 in the year-ago period.
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