Symbols / MVST Stock $1.99 -4.11% Microvast Holdings, Inc.

Consumer Cyclical • Auto Parts • United States • NCM
MVST (Stock) Chart
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About

Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.

Stock Fundamentals
Scroll to Statements
Market Cap 659.09M Enterprise Value 962.35M Income -29.22M Sales 427.52M Book/sh 1.24 Cash/sh 0.32
Dividend Yield — Payout 0.00% Employees 1908 IPO — P/E — Forward P/E 13.23
PEG — P/S 1.54 P/B 1.60 P/C — EV/EBITDA 13.07 EV/Sales 2.25
Quick Ratio 0.55 Current Ratio 0.92 Debt/Eq 93.66 LT Debt/Eq — EPS (ttm) -0.09 EPS next Y 0.15
EPS Growth — Revenue Growth -15.00% Earnings 2026-05-11 ROA 2.59% ROE -7.32% ROIC —
Gross Margin 36.17% Oper. Margin 2.44% Profit Margin -6.83% Shs Outstand 332.03M Shs Float 202.90M Short Float 10.37%
Short Ratio 3.92 Short Interest — 52W High 7.12 52W Low 1.37 Beta 3.60 Avg Volume 3.80M
Volume 828.84K Target Price $6.00 Recom None Prev Close $2.07 Price $1.99 Change -4.11%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$1.99
Latest analyst target
3. DCF / Fair value
$1.00
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.99
Low
$6.00
High
$6.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-13 main HC Wainwright & Co. Buy → Buy $6
2025-04-08 reit HC Wainwright & Co. Buy → Buy $3
2024-11-18 reit HC Wainwright & Co. Buy → Buy $3
2024-04-03 main HC Wainwright & Co. Buy → Buy $3
2024-04-02 down Janney Montgomery Scott Buy → Neutral $3
2024-04-02 main Oppenheimer Outperform → Outperform $4
2023-12-13 reit Cantor Fitzgerald Overweight → Overweight $8
2023-11-29 init Cantor Fitzgerald — → Overweight $8
2023-08-31 init Janney Montgomery Scott — → Buy $8
2023-08-08 reit Oppenheimer Outperform → Outperform $8
2023-05-26 reit Oppenheimer Outperform → Outperform $8
2023-05-26 reit HC Wainwright & Co. Buy → Buy $8
2023-04-03 init HC Wainwright & Co. — → Buy $8
2023-03-17 reit Oppenheimer — → Outperform $8
2022-08-19 init Oppenheimer — → Outperform $8
2022-04-01 main Morgan Stanley — → Underweight $4
2021-12-17 init Piper Sandler — → Neutral $8
2021-08-04 init Morgan Stanley — → Underweight $6
News
RSS: Latest MVST news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 YING WEI Director — 20,000 $0.00 $0
2026-04-01 PAN YIXIN Director — 20,000 $0.00 $0
2026-04-01 WONG ARTHUR LAP TAT Director — 20,000 $0.00 $0
2026-03-13 WU YANG Chief Executive Officer — 93,135 $0.00 $0
2026-03-13 WU SHENGXIAN Chief Operating Officer — 293,799 $0.00 $0
2026-03-13 MATTIS WENJUAN Chief Technology Officer — 10,335 $0.00 $0
2026-03-02 MATTIS WENJUAN Chief Technology Officer — 112,500 $0.00 $0
2026-01-09 WORTHEN RODNEY Chief Financial Officer — 100,714 $0.00 $0
2026-01-09 GARCIA ERIC Officer — 28,571 $0.00 $0
2025-12-31 YING WEI Director — 67,857 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
427.52
+12.56%
379.80
+23.87%
306.62
+49.94%
204.50
Operating Revenue
427.52
+12.56%
379.80
+23.87%
306.62
+49.94%
204.50
Cost Of Revenue
305.41
+17.35%
260.25
+4.35%
249.39
+27.62%
195.42
Reconciled Cost Of Revenue
305.41
+17.35%
260.25
+4.35%
249.39
+27.62%
195.42
Gross Profit
122.11
+2.14%
119.55
+108.91%
57.23
+530.74%
9.07
Operating Expense
110.98
-22.10%
142.47
-12.84%
163.45
-2.25%
167.22
Research And Development
34.11
-16.94%
41.06
-8.75%
45.00
+3.44%
43.51
Selling General And Administration
80.02
-23.11%
104.06
-13.57%
120.40
-3.97%
125.39
Selling And Marketing Expense
22.20
-1.68%
22.58
-4.40%
23.61
+4.44%
22.61
General And Administrative Expense
57.82
-29.04%
81.49
-15.81%
96.79
-5.83%
102.77
Other Gand A
57.82
-29.04%
81.49
-15.81%
96.79
-5.83%
102.77
Other Operating Expenses
-3.14
-18.21%
-2.66
-36.10%
-1.95
-16.81%
-1.67
Total Expenses
416.39
+3.40%
402.72
-2.45%
412.84
+13.84%
362.64
Operating Income
11.12
+148.54%
-22.92
+78.43%
-106.22
+32.83%
-158.15
Total Operating Income As Reported
6.98
+106.02%
-116.09
-8.77%
-106.73
+33.27%
-159.95
EBITDA
3.49
+102.25%
-154.91
-91.62%
-80.85
+39.88%
-134.48
Normalized EBITDA
45.46
+415.79%
8.81
+110.96%
-80.40
+39.85%
-133.66
Reconciled Depreciation
33.13
+7.46%
30.83
+34.47%
22.93
+12.59%
20.36
EBIT
-29.64
+84.04%
-185.75
-78.99%
-103.77
+32.98%
-154.84
Total Unusual Items
-41.97
+74.37%
-163.73
-36692.58%
-0.45
+45.67%
-0.82
Total Unusual Items Excluding Goodwill
-41.97
+74.37%
-163.73
-36692.58%
-0.45
+45.67%
-0.82
Special Income Charges
-2.85
+96.60%
-83.77
-16520.44%
-0.50
+71.97%
-1.80
Other Special Charges
-1.30
+86.21%
-9.41
—
—
Impairment Of Capital Assets
4.14
-95.55%
93.17
+18386.71%
0.50
-71.97%
1.80
Net Income
-29.22
+85.05%
-195.46
-83.81%
-106.34
+32.78%
-158.20
Pretax Income
-34.54
+82.33%
-195.46
-83.70%
-106.40
+32.73%
-158.17
Net Non Operating Interest Income Expense
-3.95
+56.00%
-8.97
-1014.27%
0.98
+781.25%
-0.14
Interest Expense Non Operating
4.90
-49.51%
9.71
+269.52%
2.63
-20.91%
3.32
Net Interest Income
-3.95
+56.00%
-8.97
-1014.27%
0.98
+781.25%
-0.14
Interest Expense
4.90
-49.51%
9.71
+269.52%
2.63
-20.91%
3.32
Interest Income Non Operating
0.96
+28.98%
0.74
-79.44%
3.61
+13.53%
3.18
Interest Income
0.96
+28.98%
0.74
-79.44%
3.61
+13.53%
3.18
Other Income Expense
-41.72
+74.49%
-163.57
-14025.30%
-1.16
-1026.40%
0.12
Other Non Operating Income Expenses
0.24
+56.41%
0.16
+121.88%
-0.71
-175.53%
0.94
Gain On Sale Of Security
-39.12
+51.07%
-79.96
-135625.42%
0.06
-93.97%
0.98
Tax Provision
-5.33
0.00
-100.00%
0.01
-69.70%
0.03
Tax Rate For Calcs
0.00
0.00
-100.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-6.47
0.00
+100.00%
-0.09
+45.67%
-0.17
Net Income Including Noncontrolling Interests
-29.22
+85.05%
-195.46
-83.68%
-106.41
+32.74%
-158.20
Net Income From Continuing Operation Net Minority Interest
-29.22
+85.05%
-195.46
-83.81%
-106.34
+32.78%
-158.20
Net Income From Continuing And Discontinued Operation
-29.22
+85.05%
-195.46
-83.81%
-106.34
+32.78%
-158.20
Net Income Continuous Operations
-29.22
+85.05%
-195.46
-83.68%
-106.41
+32.74%
-158.20
Minority Interests
0.00
0.00
-100.00%
0.08
0.00
Normalized Income
6.28
+119.80%
-31.73
+70.06%
-105.98
+32.73%
-157.55
Net Income Common Stockholders
-29.22
+85.05%
-195.46
-83.81%
-106.34
+32.78%
-158.20
Otherunder Preferred Stock Dividend
—
—
0.00
0.00
Diluted EPS
-0.09
+85.25%
-0.61
-79.41%
-0.34
+34.62%
-0.52
Basic EPS
-0.09
+85.25%
-0.61
-79.41%
-0.34
+34.62%
-0.52
Basic Average Shares
324.69
+1.96%
318.46
+2.43%
310.91
+2.52%
303.28
Diluted Average Shares
324.69
+1.96%
318.46
+2.43%
310.91
+2.52%
303.28
Diluted NI Availto Com Stockholders
-29.22
+85.05%
-195.46
-83.81%
-106.34
+32.78%
-158.20
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
1,005.45
+5.63%
951.87
-13.21%
1,096.73
Current Assets
448.72
+4.84%
428.03
+0.57%
425.61
Cash Cash Equivalents And Short Term Investments
104.96
+43.77%
73.01
+45.50%
50.17
Cash And Cash Equivalents
104.96
+43.77%
73.01
+63.91%
44.54
Other Short Term Investments
—
0.00
-100.00%
5.63
Receivables
169.96
+16.40%
146.01
-17.73%
177.48
Accounts Receivable
155.76
+29.13%
120.63
-13.04%
138.72
Gross Accounts Receivable
160.46
+27.63%
125.72
-12.16%
143.12
Allowance For Doubtful Accounts Receivable
-4.69
+7.80%
-5.09
-15.50%
-4.41
Other Receivables
0.72
+67.67%
0.43
-42.74%
0.75
Taxes Receivable
7.88
-54.62%
17.37
+21.68%
14.28
Inventory
89.41
-37.62%
143.33
-4.29%
149.75
Raw Materials
20.05
-49.08%
39.39
+9.82%
35.87
Work In Process
41.76
-50.98%
85.18
-1.39%
86.38
Finished Goods
27.60
+47.12%
18.76
-31.79%
27.50
Prepaid Assets
8.62
-6.51%
9.21
-14.06%
10.72
Restricted Cash
64.28
+75.75%
36.57
-2.41%
37.48
Assets Held For Sale Current
11.50
-42.20%
19.90
0.00
Total Non Current Assets
556.73
+6.28%
523.84
-21.95%
671.13
Net PPE
525.39
+5.97%
495.82
-22.55%
640.17
Gross PPE
696.93
+10.70%
629.55
-15.89%
748.48
Accumulated Depreciation
-171.54
-28.27%
-133.73
-23.47%
-108.31
Properties
0.00
0.00
0.00
Buildings And Improvements
163.25
+3.69%
157.44
-4.00%
164.00
Machinery Furniture Equipment
258.12
+6.11%
243.25
+5.87%
229.76
Construction In Progress
240.35
+22.56%
196.11
-39.08%
321.91
Other Properties
—
—
—
Leases
35.21
+7.55%
32.74
-0.22%
32.81
Goodwill And Other Intangible Assets
13.75
-1.61%
13.98
-7.55%
15.12
Other Intangible Assets
13.75
-1.61%
13.98
-7.55%
15.12
Non Current Deferred Assets
5.43
0.00
—
Non Current Deferred Taxes Assets
5.43
0.00
—
Other Non Current Assets
12.15
-13.50%
14.05
-11.28%
15.83
Total Liabilities Net Minority Interest
594.93
+5.49%
563.97
+5.90%
532.54
Current Liabilities
488.34
+47.91%
330.15
-18.16%
403.41
Payables And Accrued Expenses
111.49
-18.76%
137.24
-40.61%
231.09
Payables
86.14
-27.60%
118.98
-45.11%
216.74
Accounts Payable
47.00
-27.62%
64.94
-42.34%
112.62
Other Payable
30.18
-34.36%
45.98
-52.28%
96.35
Current Accrued Expenses
25.35
+38.83%
18.26
+27.21%
14.35
Employee Benefits
0.10
+0.00%
0.10
-50.75%
0.20
Total Tax Payable
8.95
+11.20%
8.05
+3.59%
7.77
Income Tax Payable
0.10
-84.82%
0.65
-0.46%
0.66
Current Debt And Capital Lease Obligation
315.09
+151.15%
125.46
+24.00%
101.18
Current Debt
312.30
+155.10%
122.42
+23.95%
98.77
Other Current Borrowings
233.98
+231.11%
70.67
+99.67%
35.39
Current Capital Lease Obligation
2.79
-8.26%
3.04
+25.94%
2.41
Current Deferred Liabilities
41.47
-5.06%
43.68
+1.37%
43.09
Current Deferred Revenue
41.47
-5.06%
43.68
+1.37%
43.09
Other Current Liabilities
9.93
-27.89%
13.78
-3.75%
14.31
Total Non Current Liabilities Net Minority Interest
106.59
-54.41%
233.82
+81.07%
129.13
Long Term Debt And Capital Lease Obligation
69.40
-65.89%
203.43
+95.59%
104.00
Long Term Debt
54.92
-70.92%
188.83
+117.25%
86.92
Long Term Capital Lease Obligation
14.48
-0.82%
14.60
-14.58%
17.09
Long Term Provisions
28.61
+23.82%
23.11
+7.58%
21.48
Tradeand Other Payables Non Current
2.30
+78.83%
1.28
0.00
Non Current Deferred Liabilities
6.19
+10.34%
5.61
+65.88%
3.38
Non Current Deferred Revenue
6.19
+10.34%
5.61
+65.88%
3.38
Other Non Current Liabilities
—
—
—
Preferred Securities Outside Stock Equity
—
—
—
Stockholders Equity
410.51
+5.83%
387.89
-31.25%
564.19
Common Stock Equity
410.51
+5.83%
387.89
-31.25%
564.19
Capital Stock
0.03
+3.03%
0.03
+3.13%
0.03
Common Stock
0.03
+3.03%
0.03
+3.13%
0.03
Share Issued
333.47
+2.66%
324.83
+2.57%
316.69
Ordinary Shares Number
331.79
+2.67%
323.14
+2.58%
315.01
Treasury Shares Number
1.69
+0.00%
1.69
+0.00%
1.69
Additional Paid In Capital
1,543.80
+2.04%
1,512.98
+2.14%
1,481.24
Retained Earnings
-1,122.18
-2.67%
-1,092.96
-21.78%
-897.50
Gains Losses Not Affecting Retained Earnings
-11.14
+65.36%
-32.16
-64.24%
-19.58
Minority Interest
—
—
—
Other Equity Adjustments
-11.14
+65.36%
-32.16
-64.24%
-19.58
Total Equity Gross Minority Interest
410.51
+5.83%
387.89
-31.25%
564.19
Total Capitalization
465.43
-19.30%
576.73
-11.42%
651.11
Working Capital
-39.62
-140.48%
97.87
+340.95%
22.20
Invested Capital
777.74
+11.24%
699.15
-6.76%
749.87
Total Debt
384.49
+16.90%
328.89
+60.29%
205.18
Net Debt
262.26
+10.08%
238.25
+68.80%
141.14
Capital Lease Obligations
17.26
-2.10%
17.64
-9.56%
19.50
Net Tangible Assets
396.76
+6.11%
373.92
-31.90%
549.07
Tangible Book Value
396.76
+6.11%
373.92
-31.90%
549.07
Current Notes Payable
78.32
+51.33%
51.76
-18.33%
63.37
Current Provisions
10.36
+3.58%
10.00
-27.22%
13.74
Derivative Product Liabilities
0.00
-100.00%
0.29
+332.84%
0.07
Duefrom Related Parties Current
—
—
—
Dueto Related Parties Current
0.00
-60.00%
0.01
0.00
Interest Payable
0.26
+174.47%
0.09
+129.27%
0.04
Line Of Credit
—
—
—
Notes Receivable
5.59
-26.24%
7.58
-68.07%
23.74
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
75.91
+2597.51%
2.81
+103.74%
-75.30
-39.64%
-53.93
Cash Flow From Continuing Operating Activities
75.91
+2597.51%
2.81
+103.74%
-75.30
-39.64%
-53.93
Net Income From Continuing Operations
-29.22
+85.05%
-195.46
-83.68%
-106.41
+32.74%
-158.20
Depreciation Amortization Depletion
33.13
+7.46%
30.83
+34.47%
22.93
+12.59%
20.36
Depreciation
32.36
+7.66%
30.06
+35.75%
22.14
+11.76%
19.81
Amortization Cash Flow
0.77
-0.26%
0.78
-1.52%
0.79
+42.06%
0.55
Depreciation And Amortization
33.13
+7.46%
30.83
+34.47%
22.93
+12.59%
20.36
Amortization Of Intangibles
0.77
-0.26%
0.78
-1.52%
0.79
+42.06%
0.55
Other Non Cash Items
18.49
+121.37%
8.35
-45.94%
15.45
-5.27%
16.31
Stock Based Compensation
3.07
-90.04%
30.84
-52.53%
64.97
-28.45%
90.81
Provisionand Write Offof Assets
7.99
+113.49%
3.74
+1486.02%
0.24
-85.61%
1.64
Asset Impairment Charge
37.86
-60.75%
96.46
+2242.94%
4.12
-37.50%
6.59
Deferred Tax
-5.43
0.00
0.00
—
Deferred Income Tax
-5.43
0.00
0.00
—
Operating Gains Losses
39.53
-51.07%
80.80
+4179.87%
1.89
+290.13%
-0.99
Gain Loss On Investment Securities
39.12
-51.07%
79.96
+135625.42%
-0.06
+93.97%
-0.98
Gain Loss On Sale Of PPE
0.41
-50.95%
0.84
-56.65%
1.95
+14007.14%
-0.01
Change In Working Capital
-29.53
+44.03%
-52.76
+32.77%
-78.48
-157.78%
-30.45
Change In Receivables
-54.60
-457.37%
15.28
+132.44%
-47.10
-31.79%
-35.74
Changes In Account Receivables
-27.26
-410.08%
8.79
+140.40%
-21.76
+44.10%
-38.92
Change In Inventory
27.09
+5061.36%
-0.55
+99.27%
-74.41
-70.29%
-43.69
Change In Prepaid Assets
8.90
+170.60%
3.29
+123.01%
-14.29
-493.91%
3.63
Change In Payables And Accrued Expense
24.44
+134.46%
-70.92
-198.95%
71.67
+1874.91%
-4.04
Change In Accrued Expense
20.59
+224.88%
-16.49
-349.71%
6.60
+126.76%
-24.67
Change In Payable
3.85
+107.08%
-54.43
-183.66%
65.07
+215.32%
20.64
Change In Account Payable
-20.19
+54.65%
-44.52
-164.93%
68.58
+859.64%
7.15
Change In Other Working Capital
-38.35
-4660.05%
0.84
+107.68%
-10.95
-120.62%
53.11
Change In Other Current Assets
0.15
+105.59%
-2.75
+54.06%
-5.99
+69.51%
-19.66
Change In Other Current Liabilities
2.84
+38.41%
2.05
-20.64%
2.58
-83.81%
15.95
Investing Cash Flow
-16.05
-32.04%
-12.15
+92.66%
-165.60
+5.88%
-175.94
Cash Flow From Continuing Investing Activities
-16.05
-32.04%
-12.15
+92.66%
-165.60
+5.88%
-175.94
Net PPE Purchase And Sale
-16.05
+9.43%
-17.72
+90.43%
-185.14
-22.71%
-150.88
Purchase Of PPE
-19.83
+28.45%
-27.72
+85.16%
-186.79
-23.80%
-150.88
Sale Of PPE
3.79
-62.13%
10.01
+506.73%
1.65
+32880.00%
0.01
Capital Expenditure
-19.83
+28.45%
-27.72
+85.16%
-186.79
-23.80%
-150.88
Net Investment Purchase And Sale
0.00
-100.00%
5.56
-71.52%
19.53
+177.92%
-25.07
Purchase Of Investment
0.00
0.00
+100.00%
-5.97
+76.20%
-25.07
Sale Of Investment
0.00
-100.00%
5.56
-78.18%
25.50
0.00
Financing Cash Flow
-2.68
-107.14%
37.59
+13.76%
33.04
+565.21%
4.97
Cash Flow From Continuing Financing Activities
-2.68
-107.14%
37.59
+13.76%
33.04
+565.21%
4.97
Net Issuance Payments Of Debt
-11.74
-119.47%
60.27
+82.41%
33.04
+565.21%
4.97
Issuance Of Debt
85.71
-32.26%
126.52
+164.39%
47.85
-18.49%
58.71
Repayment Of Debt
-97.44
-47.09%
-66.25
-347.29%
-14.81
+72.44%
-53.74
Long Term Debt Issuance
85.71
-32.26%
126.52
+164.39%
47.85
-18.49%
58.71
Long Term Debt Payments
-97.44
-47.09%
-66.25
-347.29%
-14.81
+72.44%
-53.74
Net Long Term Debt Issuance
-11.74
-119.47%
60.27
+82.41%
33.04
+565.21%
4.97
Net Common Stock Issuance
28.75
0.00
0.00
—
Net Other Financing Charges
-19.70
+13.16%
-22.68
—
—
Changes In Cash
57.18
+102.40%
28.25
+113.59%
-207.87
+7.58%
-224.91
Effect Of Exchange Rate Changes
2.46
+135.93%
-6.84
-4.24%
-6.56
+23.58%
-8.59
Beginning Cash Position
109.60
+24.28%
88.19
-70.86%
302.62
-43.55%
536.11
End Cash Position
169.24
+54.41%
109.60
+24.28%
88.19
-70.86%
302.62
Free Cash Flow
56.07
+325.13%
-24.91
+90.50%
-262.09
-27.97%
-204.81
Interest Paid Supplemental Data
6.00
-19.38%
7.44
+70.13%
4.37
-14.84%
5.13
Income Tax Paid Supplemental Data
1.82
0.00
0.00
0.00
Change In Income Tax Payable
—
—
—
0.00
Change In Tax Payable
—
—
—
0.00
Common Stock Issuance
28.75
0.00
0.00
—
Issuance Of Capital Stock
28.75
0.00
0.00
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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