Microvision (MVIS) AI Stock Analysis

• Market Cap: $352.13M
• Dividend Yield: N/A
• Average Volume (3M): 6.06M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -71.30%
• EPS Growth: 17.62%
• Country: US
• Employees: 185
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): N/A
• 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: 0.71
• Enterprise Value/Revenue: 96.67
• Enterprise Value/Gross Profit: -73.88
• Enterprise Value/Ebitda: -3.69
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: $1.00 ▼(-15.25% Downside)

Microvision's overall stock score is primarily impacted by its poor financial performance and valuation. Despite some positive developments in strategic partnerships and technical indicators, the company's significant financial challenges and low revenue generation weigh heavily on the score.

Microvision Business Overview & Revenue Model

Company Description

Microvision, Inc. (MVIS) is a technology company specializing in the development of micro-display technology and advanced laser beam scanning systems. The company primarily operates in the sectors of augmented reality (AR), virtual reality (VR), and automotive applications, focusing on creating high-resolution projection displays and innovative solutions for a variety of industries. Microvision's core products include its proprietary PicoP® scanning technology, which enables high-quality imaging for devices such as head-mounted displays, automotive head-up displays, and other projection-based applications.

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 challenges, with declining revenues and profitability. The income statement shows negative revenue growth and margins, while the balance sheet indicates poor returns on equity despite manageable leverage. Cash flow issues persist, although there is slight improvement in free cash flow growth.

Income Statement

Microvision's income statement shows significant challenges, with negative revenue growth and declining margins. The TTM data indicates a severe drop in revenue by 40.31% and a negative net profit margin of -34.71%, highlighting substantial losses. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.66, indicating manageable leverage. However, the return on equity is deeply negative at -146.46%, suggesting poor returns for shareholders. The equity ratio is not explicitly provided, but the overall financial health is concerning due to the negative equity returns.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, with a slight improvement in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash outflows exceed net income. The free cash flow to net income ratio is slightly above 1, suggesting that free cash flow is marginally covering net income losses.

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: 1.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1.18 is below the 20-day moving average (MA) of 1.30, below the 50-day MA of 1.21, and below the 200-day MA of 1.25, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.19 is Neutral, neither overbought nor oversold. The STOCH value of 13.85 is Positive, 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
RELL	66 Neutral	$159.74M	517.59	0.11%	2.21%	6.17%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
VPG	61 Neutral	$472.07M	―	-0.39%	―	-11.47%	-106.18%
KOPN	55 Neutral	$667.50M	―	-173.01%	―	13.03%	77.68%
LPTH	55 Neutral	$370.76M	―	-37.15%	―	17.26%	-70.07%
MEI	53 Neutral	$250.75M	―	-7.62%	6.97%	-4.91%	61.77%
MVIS	46 Neutral	$352.13M	―	-115.11%	―	-71.30%	17.62%

Microvision Corporate Events

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.

MicroVision’s Earnings Call: Strategic Moves Amid Revenue Challenges

MicroVision’s recent earnings call paints a picture of cautious optimism, highlighting promising developments in automotive integration and opportunities in the industrial and defense markets. The company is strategically managing its finances and reducing costs, but revenue generation remains minimal, with success hinging on uncertain future partnerships and RFQ awards.

MicroVision Reports Q2 2025 Financial Results

MicroVision, Inc., a technology company based in Redmond, Washington, specializes in advanced perception solutions for autonomy and mobility, with a focus on integrated lidar hardware and perception software solutions for various industries, including automotive and defense.

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.