Stocks · Industrials · Electrical Equipment & Parts
Microvast Holdings, Inc. MVST
$0.62 -4.53% Close, Oct 5, 2026 · NASDAQ · Market cap $214.8M
Weak trend
Next earnings report: Nov 9, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to -9.5% from 4.2% a year earlier.
- The stock is 90% below its highest close of the past year.
- Over the past year the stock returned -86.2%, behind the S&P 500 by 102.0 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth15Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 5%
- FCF growth (TTM, YoY)Bottom 6%
- Revenue growth, 3-year CAGRTop 8%
- Revenue growth accelerationBottom 16%
Quality11Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 18%
- Gross marginBottom 42%
- Operating marginBottom 13%
- Cash conversion (OCF / net income)Bottom 4%
- Accruals (lower is better)Bottom 5%
- Net debt / EBITDA (lower is better)Top 28%
- Interest coverBottom 14%
Value62Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 23%
- Free-cash-flow yieldBottom 14%
- EBITDA / enterprise valueTop 1%
- Sales / enterprise valueTop 11%
Momentum1Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 1%
- 6-month returnBottom 2%
- 1-year return vs S&P 500Bottom 1%
- Distance from 52-week highBottom 1%
- Trend checklist (0–4)Bottom 16%
Revisions31Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 6%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyBottom 37%
- Upside to consensus price targetTop 1%
Stability45Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 14%
- Maximum drawdown, 3 yearsBottom 4%
- Beta vs S&P 500 (lower is better)Top 1%
- Net debt / EBITDA (lower is better)Top 28%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -10.4% | -13.0% | ↓ |
| Gross margin | 35.5% | 25.1% | ↓ |
| Operating margin | 4.2% | -9.5% | ↓ |
| FCF margin | 6.0% | -6.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -13.0% | -10.4% | ↓ | Bottom 5% |
| Gross margin | 25.1% | 35.5% | ↓ | Bottom 42% |
| Operating margin | -9.5% | 4.2% | ↓ | Bottom 13% |
| Net margin | 13.9% | -32.3% | ↑ | — |
| Free-cash-flow margin | -6.3% | 6.0% | ↓ | — |
| Return on invested capital | -4.5% | — | Bottom 18% | |
| Revenue growth, 3-year CAGR | 27.9% | — | Top 8% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.11×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 4.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +7.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.66×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -7.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -13.43%
- Shareholder yield
- -13.43%
- Share count change, 1 year
- +7.8%
- Share count change, 3-year CAGR
- +4.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $4.80
- Target vs current price
- +679.7%
- Analysts with a rating
- 6
- Share rating Buy or Strong Buy
- 50%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 10, 2026 | -100.0% | -3.4% | -7.5% | -23.7% | — |
| May 11, 2026 | -180.0% | -5.2% | -33.3% | -42.3% | -60.4% |
| Mar 16, 2026 | -650.0% | +3.6% | -28.3% | -26.5% | -49.3% |
| Nov 10, 2025 | +100.0% | +1.0% | -22.1% | -27.6% | -51.5% |
| Aug 11, 2025 | +400.0% | +4.8% | -5.2% | -0.3% | +86.9% |
| May 12, 2025 | +400.0% | +8.6% | +53.6% | +85.5% | +18.6% |
| Mar 31, 2025 | +50.0% | +1.7% | +55.7% | +81.7% | +239.1% |
| Nov 12, 2024 | +183.3% | -7.3% | +219.8% | +541.4% | +762.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 10, 2026 | -$0.01 | -$0.01 | -100.0% | $87.3M |
| May 11, 2026 | -$0.04 | $0.05 | -180.0% | $60.6M |
| Mar 16, 2026 | -$0.11 | $0.02 | -650.0% | $96.4M |
| Nov 10, 2025 | $0.04 | $0.02 | +100.0% | $123.3M |
| Aug 11, 2025 | $0.05 | $0.01 | +400.0% | $91.3M |
| May 12, 2025 | $0.06 | -$0.02 | +400.0% | $116.5M |
| Mar 31, 2025 | -$0.01 | -$0.02 | +50.0% | $113.4M |
| Nov 12, 2024 | $0.05 | -$0.06 | +183.3% | $101.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 3.5× | — | — | Top 1% |
| EV / Sales | 0.72× | — | — | Top 11% |
| Free-cash-flow yield | -10.85% | — | — | Bottom 14% |
| Earnings yield | -4.95% | — | — | Bottom 23% |
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -17.0%
- 200-day average slope (20 days)
- -14.5%
- Distance from 50-day average
- -15.9%
- Distance from 200-day average
- -62.1%
- RSI (14)
- 38.2
- Relative volume
- 0.51×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 75.0%
- Volatility vs own 5-year history
- 16th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.39
- Correlation with S&P 500
- -0.02
- Current drawdown from 1-year high
- -90.4%
- Maximum drawdown, 3 years
- -91.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 1, 2021 | Nov 7, 2024 | -99.3% | 949 days | Not yet recovered |
| Dec 28, 2020 | Jan 26, 2021 | -24.3% | 19 days | 4 days (Feb 1, 2021) |
| Dec 9, 2020 | Dec 15, 2020 | -22.0% | 4 days | 5 days (Dec 22, 2020) |
| Nov 30, 2020 | Dec 2, 2020 | -12.1% | 2 days | 5 days (Dec 9, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $214.8M
- EPS, diluted (TTM)
- -$0.03
- Revenue (TTM)
- $367.6M
- 52-week range
- $0.56 – $7.12
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $152.0M | $204.5M | $306.6M | $379.8M | $427.5M |
| Gross profit | -$42.7M | $9.1M | $57.2M | $119.6M | $154.6M |
| Operating income | -$194.1M | -$159.9M | -$106.7M | -$116.1M | $40.5M |
| Net income | -$216.0M | -$158.2M | -$106.3M | -$195.5M | -$29.2M |
| EPS (diluted) | -$1.26 | -$0.52 | -$0.34 | -$0.61 | -$0.09 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101.4M | $113.4M | $116.5M | $91.3M | $123.3M | $96.4M | $60.6M | $87.3M |
| Net income | $13.2M | -$105.4M | $61.8M | -$106.1M | -$1.5M | $16.5M | $48.2M | -$12.0M |
| EPS (diluted) | $0.04 | -$0.33 | $0.17 | -$0.33 | -$0.00 | $0.05 | -$0.04 | -$0.03 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$45.0M | -$53.9M | -$75.3M | $2.8M | $75.9M |
| Capital expenditure | -$87.9M | -$150.9M | -$186.8M | -$27.7M | -$19.8M |
| Free cash flow | -$132.9M | -$204.8M | -$262.1M | -$24.9M | $56.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | $0 | $0 | $0 | $28.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $143.1M
- Total assets
- $952.2M
- Total liabilities
- $409.1M
- Total debt
- $193.0M
- Net debt
- $50.0M
- Shareholders’ equity
- $543.1M
As of Jun 30, 2026 (filed Aug 10, 2026).
Short interest
- Shares sold short
- 22,217,212
- Days to cover
- 3.45
- Change vs previous report
- -4.5%
FINRA short interest, settlement date Sep 15, 2026.