Microvision (MVIS) AI Stock Analysis

• Market Cap: $319.02M
• Dividend Yield: N/A
• Average Volume (3M): 6.06M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -67.66%
• EPS Growth: 13.39%
• Country: US
• Employees: 185
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.05
• Shares Outstanding: 300,964,870
• 10 Day Avg. Volume: 6,934,493
• 30 Day Avg. Volume: 6,059,553
• PEG Ratio: -1.27
• Price to Book (P/B): 5.63
• Price to Sales (P/S): 58.45
• P/FCF Ratio: -3.98
• Enterprise Value/Market Cap: 0.78
• Enterprise Value/Revenue: 94.80
• Enterprise Value/Gross Profit: -46.45
• Enterprise Value/Ebitda: -4.29
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $1.00 ▲(6.38% Upside)

Microvision's overall stock score is primarily influenced by its weak financial performance, which is the most significant factor. Technical analysis and valuation also contribute negatively, with bearish indicators and a negative P/E ratio. The earnings call provides some optimism with strategic initiatives, but low current revenues and increased spending temper this outlook.

Positive Factors

Strategic Acquisition

The acquisition of Scantinel Photonics provides MicroVision with advanced lidar technology, strengthening its product portfolio and competitive position in the automotive and industrial sectors.

Product Innovation

The launch of MOVIA S demonstrates MicroVision's commitment to innovation, offering cost-effective lidar solutions that enhance its market appeal in automotive and defense sectors.

Financial Position

A strong cash position provides MicroVision with the financial flexibility to invest in strategic initiatives and sustain operations, supporting long-term growth.

Negative Factors

Delayed Revenue Realization

Delays in revenue realization can hinder cash flow and limit the company's ability to fund future growth, posing a challenge to achieving financial targets.

Low Current Revenue

Persistently low revenue levels indicate challenges in market penetration and sales execution, affecting the company's ability to scale and achieve profitability.

Increased Spending

Rising operational expenses could pressure cash reserves and profitability, necessitating careful cost management to ensure sustainable growth.

Microvision Business Overview & Revenue Model

Company Description

Microvision, Inc. (MVIS) is a technology company specializing in the development of advanced display and sensing technologies. Primarily focused on the sectors of augmented reality (AR), automotive, and consumer electronics, Microvision's core products include its proprietary PicoP scanning technology, which is used to create high-resolution displays in compact form factors. The company aims to revolutionize how users interact with digital content through innovative projection and sensing solutions.

How the Company Makes Money

Microvision generates revenue primarily through the sale of its proprietary display and sensing technology, particularly the PicoP platform, which can be integrated into various devices including smartphones, wearables, and automotive systems. The company also engages in strategic partnerships and collaborations with other technology firms and manufacturers, leveraging these relationships to expand its market reach and enhance product offerings. Additionally, Microvision may receive licensing fees and royalties from companies that utilize its technology in their products. Overall, the revenue model is focused on both direct sales and ongoing partnerships that facilitate the adoption of its technologies across different markets.

Microvision Financial Statement Overview

Summary

Microvision's financial performance is weak, with significant challenges in profitability and growth. The income statement shows negative net profit margins and minimal revenue growth. The balance sheet indicates moderate leverage but negative returns on equity. Cash flow remains negative, despite slight improvements.

Income Statement

Microvision's income statement reveals significant challenges. The company has consistently reported negative net profit margins, with the TTM showing a net profit margin of -34.71%. Revenue growth is minimal at 1.97% TTM, indicating stagnation. The gross profit margin is negative, reflecting cost inefficiencies. Overall, the company struggles with profitability and growth.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.66 TTM, which is an improvement from previous years, indicating better leverage management. However, the return on equity remains negative, highlighting ongoing profitability issues. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis indicates persistent negative operating and free cash flows, with a slight improvement in free cash flow growth at 4.50% TTM. The operating cash flow to net income ratio is negative, suggesting operational inefficiencies. The free cash flow to net income ratio is slightly above 1, indicating that free cash flow covers net losses, but overall cash flow health is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.63M	4.70M	7.26M	664.00K	2.50M	3.09M
Gross Profit	-5.38M	-2.83M	4.49M	564.00K	2.50M	1.69M
EBITDA	-58.28M	-70.98M	-83.07M	-53.15M	-42.92M	-13.57M
Net Income	-88.38M	-96.92M	-82.84M	-53.09M	-43.20M	-13.63M
Balance Sheet
Total Assets	150.82M	121.16M	129.63M	115.00M	130.22M	21.01M
Cash, Cash Equivalents and Short-Term Investments	99.51M	74.70M	73.78M	82.71M	115.37M	16.86M
Total Debt	46.60M	51.64M	15.04M	15.70M	6.27M	3.81M
Total Liabilities	60.10M	72.39M	33.83M	25.25M	17.47M	12.00M
Stockholders Equity	90.72M	48.77M	95.80M	89.74M	112.75M	9.01M
Cash Flow
Free Cash Flow	-58.91M	-68.91M	-69.03M	-42.38M	-31.90M	-16.48M
Operating Cash Flow	-58.37M	-68.54M	-67.09M	-38.02M	-29.40M	-16.07M
Investing Cash Flow	-123.00K	2.67M	21.82M	-38.07M	-35.32M	123.00K
Financing Cash Flow	114.49M	72.89M	72.44M	14.31M	131.16M	26.98M

Microvision Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.94
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.94 is below the 20-day moving average (MA) of 1.01, below the 50-day MA of 1.17, and below the 200-day MA of 1.20, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 38.35 is Neutral, neither overbought nor oversold. The STOCH value of 48.98 is Neutral, 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
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RELL	61 Neutral	$150.02M	486.11	0.11%	2.29%	6.17%	―
VPG	60 Neutral	$452.15M	57.28	2.37%	―	-7.46%	-39.98%
MEI	54 Neutral	$261.66M	―	-7.62%	5.38%	-4.91%	61.77%
LPTH	51 Neutral	$313.90M	―	-37.93%	―	36.85%	-77.93%
KOPN	44 Neutral	$432.62M	―	-27.91%	―	3.02%	90.87%
MVIS	44 Neutral	$319.02M	-2.70	-112.89%	―	-67.66%	13.39%

Microvision Corporate Events

MicroVision’s Earnings Call: Strategic Shifts and Growth

MicroVision’s recent earnings call reflects a strategic shift towards technological advancements and growth, despite current revenue challenges. The introduction of MOVIA S and the acquisition of Scantinel Photonics are key developments positioning the company for future success. However, the company faces low current revenues and delays in realizing expected revenue, necessitating increased spending to support its long-term goals.

MicroVision’s Strategic Moves and Q3 2025 Performance

MicroVision, Inc. is a technology company specializing in advanced perception solutions for autonomy and mobility, with a focus on lidar technologies for automotive, industrial, and defense sectors. In its third quarter of 2025, MicroVision announced several strategic advancements, including the appointment of Glen DeVos as CEO and the introduction of new lidar technologies, such as the MOVIA S sensor and Tri-Lidar Architecture. The company also executed an agreement to acquire Scantinel Photonics, enhancing its capabilities in long-range lidar solutions. Financially, MicroVision reported a stable revenue of $0.2 million, consistent with the previous year, but faced a net loss of $14.2 million, slightly improved from the $15.5 million loss in the third quarter of 2024. Despite these challenges, the company maintained a strong balance sheet with $99.5 million in cash and cash equivalents. Looking forward, MicroVision’s management remains optimistic about its strategic direction and potential market leadership in the lidar industry, driven by its innovative product portfolio and strategic partnerships.

Microvision Appoints Glen DeVos as New CEO

On September 2, 2025, MicroVision’s Board of Directors announced the appointment of Glen W. DeVos as the new President and Chief Executive Officer, effective September 30, 2025. DeVos, who has extensive experience in the automotive and industrial technology sectors, will succeed Sumit Sharma, who will remain in his role until the transition is complete. This leadership change is expected to bolster MicroVision’s strategic focus on delivering advanced perception solutions in the autonomy and mobility sectors. Additionally, Simon Biddiscombe was appointed as Executive Vice Chair to support DeVos for a temporary period, further strengthening the company’s leadership team.

The most recent analyst rating on (MVIS) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Microvision stock, see the MVIS Stock Forecast page.