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Microvast Holdings, Inc. (MVST)

Consumer Cyclical | Auto Parts | Stafford, United States | NasdaqCM
0.72 USD -0.05 (-6.074%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.73 +0.01 (1.676%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:38 a.m. EDT

The investment case for Microvast is currently broken by a perfect storm of deteriorating fundamentals and overwhelming market skepticism. Despite a recent year-over-year price rebound, the underlying business is in freefall, with revenue contracting by 4.5% and operating margins deeply negative. The company is hemorrhaging cash, with operating cash flow turning sharply negative while free cash flow barely covers a fraction of its debt obligations. The balance sheet is precarious, with debt significantly exceeding equity, and the company has recently removed a warrant class from its Nasdaq listing—a clear signal of distress and delisting risk. The market has priced this reality into the stock, which trades at a fraction of its book value, yet the outlook remains bleak. Analyst consensus is a 'strong buy' based on a target price of $4.50, but this ignores the severe execution risks and the fact that the company has missed earnings targets recently. The recent surge in price appears to be a volatile, unsupported bounce rather than a reversal of the multi-year downtrend. Options activity confirms the bearish sentiment: traders are aggressively buying deep out-of-the-money puts, creating a wall of resistance that suggests they expect the stock to continue falling toward zero or face delisting. With no dividend to provide income and a high probability of further downside due to liquidity concerns and operational struggles, this is a security to avoid entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.087225
AutoARIMA0.237287
AutoETS0.238314
MSTL0.263014

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 37%
H-stat 1.56
Ljung-Box p 0.000
Jarque-Bera p 0.691
Excess Kurtosis 0.14
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 35.545
Revenue per Share 1.103
Market Cap 277,672,352
Forward P/E 6.02
Beta 3.58
Profit Margins 13.95%
Previous Name Microvast, Inc.
Website https://www.microvast.com

As of Aug. 22, 2026, 5:38 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes $1.50, $2.00, $2.50) across multiple expirations compared to negligible call volume. While there is some speculative call activity at distant strikes ($7.00), the dominant theme is hedging against further collapse rather than betting on a recovery. Implied volatility is elevated on the put side, reflecting fear of continued deterioration.


Info Dump

Attribute Value
52 Week Change -0.7087121
Address1 12,603 Southwest Freeway
Address2 Suite 300
All Time High 25.2
All Time Low 0.152
Ask 0.9542
Ask Size 2
Audit Risk 10
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 6,490,710
Average Daily Volume3 Month 5,337,190
Average Volume 5,337,190
Average Volume10Days 6,490,710
Beta 3.577
Bid 0.73
Bid Size 3
Board Risk 8
Book Value 1.412
City Stafford
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.7221
Current Ratio 1.091
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.7763
Day Low 0.7207
Debt To Equity 35.545
Display Name Microvast
Earnings Call Timestamp End 1,786,395,600
Earnings Call Timestamp Start 1,786,395,600
Earnings Timestamp 1,786,392,000
Earnings Timestamp End 1,794,254,400
Earnings Timestamp Start 1,794,254,400
Ebitda 40,798,000
Ebitda Margins 0.111
Enterprise To Ebitda 8.404
Enterprise To Revenue 0.933
Enterprise Value 342,886,368
Eps Current Year -0.01
Eps Forward 0.12
Eps Trailing Twelve Months -0.01
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.94554
Fifty Day Average Change -0.22343999
Fifty Day Average Change Percent -0.2363094
Fifty Two Week Change Percent -70.87121
Fifty Two Week High 7.12
Fifty Two Week High Change -6.3978996
Fifty Two Week High Change Percent -0.89858145
Fifty Two Week Low 0.712
Fifty Two Week Low Change 0.010100007
Fifty Two Week Low Change Percent 0.014185403
Fifty Two Week Range 0.712 - 7.12
Financial Currency USD
First Trade Date Milliseconds 1,553,693,400,000
Float Shares 209,844,314
Forward Eps 0.12
Forward P E 6.0175004
Free Cashflow 63,391,876
Full Exchange Name NasdaqCM
Full Time Employees 1,908
Fullday Change -0.0467
Fullday Change Percent -6.0744
Fullday Price 0.7342
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.33957002
Gross Profits 124,812,000
Has Pre Post Market Data 1
Held Percent Insiders 0.45736998
Held Percent Institutions 0.23622
Implied Shares Outstanding 384,534,486
Industry Auto Parts
Industry Disp Auto Parts
Industry Key auto-parts
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.
Long Name Microvast Holdings, Inc.
Market us_market
Market Cap 277,672,352
Market State CLOSED
Max Age 86,400
Message Board Id finmb_128864639
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-28
Net Income To Common 51,273,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 296,899,076
Number Of Analyst Opinions 2
Open 0.77
Operating Cashflow -1,724,000
Operating Margins -0.019609999
Overall Risk 9
Payout Ratio 0.0
Phone 281 491 9505
Post Market Change 0.012099981
Post Market Change Percent 1.6756655
Post Market Price 0.7342
Post Market Time 1,787,961,534
Prev Name Microvast, Inc.
Previous Close 0.7688
Price Eps Current Year -72.21001
Price Hint 4
Price To Book 0.5114023
Price To Sales Trailing12 Months 0.7554477
Profit Margins 0.13949999
Quick Ratio 0.724
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0467
Regular Market Change Percent -6.0744
Regular Market Day High 0.7763
Regular Market Day Low 0.7207
Regular Market Day Range 0.7207 - 0.7763
Regular Market Open 0.77
Regular Market Previous Close 0.7688
Regular Market Price 0.7221
Regular Market Time 1,787,947,201
Regular Market Volume 5,157,152
Return On Assets 0.00485
Return On Equity 0.11404
Revenue Growth -0.045
Revenue Per Share 1.103
Sand P52 Week Change 0.20504117
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 6
Shares Outstanding 384,534,486
Shares Percent Shares Out 0.060500003
Shares Short 23,272,872
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 19,933,753
Short Name Microvast Holdings, Inc.
Short Percent Of Float 0.089899994
Short Ratio 3.72
Source Interval 15
State TX
Symbol MVST
Target High Price 5.0
Target Low Price 4.0
Target Mean Price 4.5
Target Median Price 4.5
Total Cash 127,828,000
Total Cash Per Share 0.332
Total Debt 193,042,000
Total Revenue 367,560,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.01
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.004835
Two Hundred Day Average Change -1.2827349
Two Hundred Day Average Change Percent -0.6398207
Type Disp Equity
Volume 5,157,152
Website https://www.microvast.com
Zip 77,477