Will MicroVision stock go back up?
During the day the stock fluctuated 6.94% from a day low at $3.17 to a day high of $3.39. The price has fallen in 9 of the last 10 days and is down by -27.23% for this period....Predicted Opening Price for Microvision of Tuesday, April 19, 2022.Fair opening price April 19, 2022Current price$3.26$3.23 (Undervalued)
Is MicroVision stock a good buy?
MicroVision stock is a high-risk bet for long-term investors given its steep valuation, current cash burn rates, and widening losses.Nov 25, 2021
Is MicroVision overvalued?
MicroVision is way overvalued at $15 MicroVision is expected to have revenue of only $4.2M this year and no profits, so the Lidar technology company has a market-capitalization-to-sales ratio of 571… this is sales, not earnings!Jul 23, 2021
Is MicroVision stock a buy or sell?
Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
What happened
Shares of MicroVision ( MVIS 12.36% ) fell 15% Friday after the laser technology company delivered disappointing first-quarter results.
So what
MicroVision's revenue plunged 67% year over year to $0.5 million. It also generated a larger net loss of $6.2 million, or $0.04 per share, compared to a loss of $4.9 million in the year-ago period. Wall Street had expected revenue of $0.6 million and a net loss per share of $0.03.
NASDAQ: MVIS
Sharma also touted MicroVision's balance sheet strength. A series of share sales helped it end the first quarter with more than $75 million in cash and investments.
Now what
MicroVision's share price soared earlier in the week after it became one of the most talked-about stocks on Reddit's popular WallStreetBets investing forum. But social media fame -- and its related volatility -- cuts both ways.
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A recent announcement by the company sent its stock price reeling
Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie
What happened
Shares of Microvision ( NASDAQ:MVIS) are falling today after the company announced a $140 million at-the-market equity offering yesterday.
So what
The company -- which makes microdisplays, lidar sensors, and laser beam technology -- said in a press release that the offering means "MicroVision may, from time to time, at its discretion offer and sell shares of its common stock having an aggregate value of up to $140 million" and that it may use the money for working capital or capital expenditures..
Now what
While it's not unusual for investors to react to company announcements, especially when they involve the potential sale of shares, Microvision's stock may be experiencing a more significant drop than some other company's stock would after the same announcement.
The autonomous-driving tech company fell short of last quarter's sales and earnings estimates
James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense.
What happened
Shares of lidar (light detection and ranging) technology outfit MicroVision ( NASDAQ:MVIS) are down nearly 20% as of midday Friday following the release of its fiscal Q3 results. The company's top and bottom lines both missed analyst estimates, extending and rekindling a pullback that's been underway since June's peak.
So what
For the three-month stretch ending in September, MicroVision lost $9.3 million on $718 million worth of revenue. On a per-share basis, the company reported a loss of $0.06. While sales improved 12%, the loss more than tripled on soaring R&D and administrative expenses. In the comparable quarter a year earlier, MicroVision lost $0.02 per share.
Now what
Sharma's optimism clearly failed to convince most investors, many of whom have already been waiting years to see the lidar opportunity bear fruit.
What went up (yesterday) just came back down (today)
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Investors in miniaturized digital imaging sensor-maker MicroVision ( NASDAQ:MVIS) had a good day yesterday -- but are having a pretty bad day today. As of 12:15 p.m. EDT, MicroVision's share price has fallen 7.5%.
So what
That happy news helped to drive up MicroVision's stock price nearly 17% in Monday trading. But here's the thing:
Now what
Planning ahead for that eventuality, management says it will "monitor the situation to determine if there is a need to effect a reverse stock split during the 90-day period authorized by shareholders on May 19, 2020." Should it be necessary to reverse split (i.e., to merge shares of a MicroVision trading for less than $1, so that the shares that remain carry a price tag of more than $1), investors will likely interpret that as meaning there's no hope of MicroVision earning a higher valuation..
