Microvision (MVIS) AI Stock Analysis

• Market Cap: $281.67M
• Dividend Yield: N/A
• Average Volume (3M): 4.36M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: -41.76%
• EPS Growth: 5.56%
• Country: US
• Employees: 185
• Sector: Technology
• Sector Strength: 82
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.12
• Shares Outstanding: 249,261,550
• 10 Day Avg. Volume: 5,281,827
• 30 Day Avg. Volume: 4,356,457
• PEG Ratio: -0.32
• Price to Book (P/B): 4.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.20
• Enterprise Value/Market Cap: 1.37
• Enterprise Value/Revenue: 14.71
• Enterprise Value/Gross Profit: -90.75
• Enterprise Value/Ebitda: -1.21
• 1Y Price Target: $3.00
• Price Target Upside: 165.49% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: $1.00 ▼(-11.50%Downside)

Microvision's overall score reflects significant financial challenges with ongoing losses and negative cash flow. Strategic expansions into new markets and recent corporate decisions provide some optimism, but slow progress in the automotive sector and valuation concerns weigh heavily.

Microvision Business Overview & Revenue Model

Company Description

MicroVision, Inc. is a technology company specializing in the development of laser scanning technology for projection, 3D sensing, and image capture. The company's primary sectors include automotive, consumer electronics, and interactive displays. MicroVision's core products include its proprietary PicoP® scanning technology, which enables high-resolution projection and sensing capabilities in compact form factors, often used in head-up displays (HUDs), augmented reality (AR) systems, and advanced driver-assistance systems (ADAS).

How the Company Makes Money

MicroVision generates revenue through the sale and licensing of its patented laser scanning technology and related components. The company partners with original equipment manufacturers (OEMs) and other technology companies to integrate its PicoP® scanning technology into various applications, such as automotive HUDs and consumer electronics. Additionally, MicroVision earns income from licensing agreements, where it permits other companies to use its proprietary technology, and from development contracts where it collaborates on custom solutions. Significant factors contributing to its earnings include strategic partnerships in the automotive sector and advancements in augmented reality applications.

Microvision Financial Statement Overview

Summary

Microvision's financial performance reflects significant challenges, with declining revenues and persistent losses. Negative margins and weak cash flow indicate operational inefficiencies, though manageable leverage and a strong cash position provide some relief.

Income Statement

Microvision's income statement reflects significant financial challenges. The Gross Profit Margin is negative due to costs exceeding revenue, and the Net Profit Margin is also deeply negative, indicating persistent losses. Revenue has declined from the previous year, showcasing a negative growth trajectory. Additionally, negative EBIT and EBITDA margins further illustrate operational inefficiencies and the company's struggle to achieve profitability.

Balance Sheet

The balance sheet reveals a moderate financial position. The Debt-to-Equity Ratio remains reasonable, suggesting manageable leverage levels. However, Stockholders' Equity has decreased, impacting the Equity Ratio. Return on Equity is negative due to ongoing losses. Despite these concerns, the company maintains a healthy cash position, providing some liquidity cushion.

Cash Flow

Cash flow analysis indicates financial strain with negative Free Cash Flow and Operating Cash Flow. The Free Cash Flow to Net Income Ratio is unfavorable, highlighting difficulty in converting income to cash. However, substantial financing activities have bolstered cash reserves, temporarily alleviating liquidity pressures.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
4.33M	4.70M	7.26M	664.00K	2.50M	3.09M
	Gross Profit
-4.24M	-2.83M	4.49M	564.00K	2.50M	1.69M
	EBIT
-69.82M	-85.52M	-88.88M	-53.89M	-43.87M	-14.06M
	EBITDA
-73.54M	-85.03M	-81.05M	-50.84M	-42.41M	-13.10M
	Net Income Common Stockholders
-99.38M	-96.92M	-82.84M	-52.29M	-41.04M	-12.22M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
69.04M	74.70M	73.78M	82.71M	115.37M	16.86M
	Total Assets
116.74M	121.16M	129.63M	115.00M	130.22M	21.01M
	Total Debt
48.56M	51.64M	15.04M	15.70M	6.27M	3.11M
	Net Debt
-3.36M	-2.85M	-30.13M	-4.84M	-76.38M	-13.76M
	Total Liabilities
63.54M	72.39M	33.83M	25.25M	17.47M	12.00M
	Stockholders Equity
53.20M	48.77M	95.80M	89.74M	112.75M	9.01M
Cash Flow		Free Cash Flow
-62.24M	-68.91M	-69.03M	-42.38M	-31.90M	-16.48M
	Operating Cash Flow
-61.88M	-68.54M	-67.09M	-38.02M	-29.40M	-16.07M
	Investing Cash Flow
9.04M	2.67M	21.82M	-38.07M	-35.32M	123.00K
	Financing Cash Flow
60.08M	72.89M	72.44M	14.31M	131.16M	26.98M

Microvision Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MVIS, the sentiment is Negative. The current price of 1.13 is below the 20-day moving average (MA) of 1.14, below the 50-day MA of 1.15, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.74 is Neutral, neither overbought nor oversold. The STOCH value of 18.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MVIS.

Microvision Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALNT	66 Neutral	$580.32M	57.23	3.64%	0.35%	-10.99%	-61.37%
OUST	64 Neutral	$1.10B	―	-56.81%	―	28.04%	64.81%
Sector *	62 Neutral	$11.92B	10.48	-7.50%	2.95%	7.40%	-8.18%
BKSY	58 Neutral	$372.55M	―	-63.35%	―	7.05%	13.73%
KULR	55 Neutral	$385.99M	―	-67.89%	―	16.47%	27.19%
MVIS	50 Neutral	$281.67M	―	-135.21%	―	-41.76%	5.56%
SATL	41 Neutral	$345.64M	―	-118.08%	―	―	―

Microvision Corporate Events

Microvision Approves 2025 Executive Bonus Plan and CEO Incentives

On June 2, 2025, MicroVision, Inc.’s Compensation Committee approved the 2025 Executive Bonus Plan to motivate and reward employees based on company and individual performance, and to encourage retention. The plan includes cash or equity-based bonuses, with equity awards subject to the company’s 2022 Equity Incentive Plan. On June 2, 2025, the committee also enhanced compensation for non-CEO executives, increasing short-term incentive opportunities and granting long-term equity awards. On June 6, 2025, the Board granted the CEO a significant long-term incentive equity award and approved his participation in the Bonus Plan.

The most recent analyst rating on (MVIS) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Microvision stock, see the MVIS Stock Forecast page.

Microvision Shareholders Approve Key Proposals at Annual Meeting

On June 6, 2025, MicroVision, Inc. held its annual meeting of shareholders where they approved several key proposals, including an increase in authorized shares of common stock to 510,000,000 and preferred stock to 25,000,000. Additionally, all seven nominees for the board of directors were elected, and amendments to the company’s equity incentive plan were approved. These decisions are expected to enhance the company’s operational capabilities and strategic positioning in the market.

The most recent analyst rating on (MVIS) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Microvision stock, see the MVIS Stock Forecast page.