Microvision (MVIS) AI Stock Analysis

• Market Cap: $343.10M
• Dividend Yield: N/A
• Average Volume (3M): 8.25M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.26
• Revenue Growth: -71.30%
• EPS Growth: 17.62%
• Country: US
• Employees: 185
• Sector: Technology
• Sector Strength: 94
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.06
• Shares Outstanding: 300,964,870
• 10 Day Avg. Volume: 5,715,544
• 30 Day Avg. Volume: 8,252,769
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.73
• Enterprise Value/Revenue: 96.67
• Enterprise Value/Gross Profit: -73.88
• Enterprise Value/Ebitda: -3.69
• 1Y Price Target: $1.00
• Price Target Upside: -12.28% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 43 Neutral
• Price Target: $1.00 ▼(-12.28% Downside)

Microvision's overall stock score is primarily impacted by its poor financial performance, characterized by significant losses and operational inefficiencies. While there are strategic developments and a strong cash position, the lack of revenue growth and reliance on uncertain future partnerships weigh heavily on the stock's outlook. Technical indicators also suggest bearish momentum, further contributing to the low score.

Microvision Business Overview & Revenue Model

Company Description

MicroVision, Inc. develops lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems, laser diodes, opto-mechanics, electronics, algorithms, and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module that can support AR headsets; Interactive Display modules used in smart speakers and other devices; and Consumer Lidar used in smart home systems. In addition, it provides PicoP, a scanning technology that creates full color, high-contrast, and uniform image over the entire field-of-view from a small and thin module. Further, the company develops 1st generation long range lidar. The company sells its products primarily to original equipment manufacturers and original design manufacturers. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

How the Company Makes Money

Microvision generates revenue primarily through the sale of its proprietary technologies and products, including licensing agreements for its PicoP® technology. The company partners with original equipment manufacturers (OEMs) and system integrators to incorporate its scanning technology into their products, which provides a significant revenue stream. Additionally, Microvision may earn income from research and development contracts, grants, and collaborations with automotive and consumer electronics companies looking to integrate advanced display solutions. The establishment of strategic partnerships in emerging markets such as AR and automotive enhances its revenue potential and market reach.

Microvision Financial Statement Overview

Summary

Microvision faces significant financial headwinds, with declining revenues, persistent losses, and weak cash flow generation. While leverage is manageable, ongoing operational inefficiencies and negative margins pose substantial challenges to achieving profitability. The company's financial sustainability heavily depends on improving revenue growth and operational efficiencies in the near future.

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	2.58M	4.70M	7.26M	664.00K	2.50M	3.09M
Gross Profit	-3.38M	-2.83M	4.49M	564.00K	2.50M	1.69M
EBITDA	-67.69M	-85.03M	-81.05M	-50.84M	-42.41M	-13.10M
Net Income	-89.68M	-96.92M	-82.84M	-53.09M	-43.20M	-13.63M
Balance Sheet
Total Assets	140.62M	121.16M	129.63M	115.00M	130.22M	21.01M
Cash, Cash Equivalents and Short-Term Investments	91.41M	74.70M	73.78M	82.71M	115.37M	16.86M
Total Debt	50.96M	51.64M	15.04M	15.70M	6.27M	3.11M
Total Liabilities	63.51M	72.39M	33.83M	25.25M	17.47M	12.00M
Stockholders Equity	77.10M	48.77M	95.80M	89.74M	112.75M	9.01M
Cash Flow
Free Cash Flow	-56.38M	-68.91M	-69.03M	-42.38M	-31.90M	-16.48M
Operating Cash Flow	-55.97M	-68.54M	-67.09M	-38.02M	-29.40M	-16.07M
Investing Cash Flow	12.85M	2.67M	21.82M	-38.07M	-35.32M	123.00K
Financing Cash Flow	90.00M	72.89M	72.44M	14.31M	131.16M	26.98M

Microvision Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 1.14 is below the 20-day moving average (MA) of 1.21, below the 50-day MA of 1.20, and below the 200-day MA of 1.20, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 45.01 is Neutral, neither overbought nor oversold. The STOCH value of 57.29 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
ALNT	77 Outperform	$783.46M	53.89	5.15%	0.26%	-8.69%	-27.10%
OUST	58 Neutral	$1.66B	―	-46.96%	―	26.37%	38.13%
Sector *	57 Neutral	HK$14.44B	9.47	-0.60%	4.38%	7.06%	-38.12%
KULR	50 Neutral	$204.57M	―	-67.89%	―	16.47%	27.22%
BKSY	50 Neutral	$618.50M	―	-105.30%	―	-1.21%	-112.08%
SATL	44 Neutral	$362.30M	―	-118.08%	―	―	―
MVIS	43 Neutral	$343.10M	―	-115.11%	―	-71.30%	17.62%

Microvision Corporate Events

MicroVision Appoints Laura Peterson to Board of Directors

On July 22, 2025, MicroVision’s Board of Directors appointed Laura Peterson to the Board, succeeding Dr. Mark Spitzer, who resigned. Peterson, with extensive experience in robotics and aerospace, will chair the Nominating & Governance Committee and join the Compensation Committee. Her background includes leadership roles at Boeing and Palladyne AI, where she led strategic transformations. The appointment aligns with MicroVision’s strategic focus on autonomy and mobility, leveraging Peterson’s expertise in navigating industrial robotics and aerospace challenges. Dr. Spitzer’s departure was amicable, with no disagreements, and his contributions to the company’s transformation and technological advancements were acknowledged.

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 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.