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Microvast Holdings Inc has a consensus price target of $5 based on the ratings of 6 analysts. The high is $8 issued by Cantor Fitzgerald on December 13, 2023. The low is $3 issued by HC Wainwright & Co. on November 18, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Janney Montgomery Scott on November 18, 2024, April 3, 2024, and April 2, 2024, respectively. With an average price target of $3 between HC Wainwright & Co., HC Wainwright & Co., and Janney Montgomery Scott, there's an implied 440.54% upside for Microvast Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Microvast Holdings (NASDAQ:MVST) was reported by HC Wainwright & Co. on November 18, 2024. The analyst firm set a price target for $3.00 expecting MVST to rise to within 12 months (a possible 440.54% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Microvast Holdings (NASDAQ:MVST) was provided by HC Wainwright & Co., and Microvast Holdings reiterated their buy rating.
There is no last upgrade for Microvast Holdings
The last downgrade for Microvast Holdings Inc happened on April 2, 2024 when Janney Montgomery Scott changed their price target from $11 to $3 for Microvast Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Microvast Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Microvast Holdings was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Microvast Holdings (MVST) rating was a reiterated with a price target of $3.00 to $3.00. The current price Microvast Holdings (MVST) is trading at is $0.56, which is out of the analyst’s predicted range.
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