MicroVision, Inc. (MVIS) AI Stock Analysis

MicroVision, Inc. specializes in the development of lidar sensors essential for automotive safety and autonomous driving applications. Its proprietary technology centers on laser beam scanning utilizing micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, advanced electronics, algorithms, and software. In addition to automotive lidar, the company develops micro-display concepts tailored for augmented reality headsets, including the 1440i MEMS module, as well as Interactive Display modules for smart speakers and consumer lidar systems. At the core of its product lineup is PicoP scanning technology. MicroVision primarily serves original equipment manufacturers and original design manufacturers.

MicroVision has experienced substantial top-line volatility, with revenue declining at a 5-year CAGR of -17.1% from FY2020 to FY2025. Annual revenue reached $7.3M in FY2023 before falling 35.3% to $4.7M in FY2024 and decreasing 74.3% to $1.2M in FY2025. Gross margin contracted to -1435.4% in FY2025, while operating margin was -5743.8%. Net losses expanded from -$43.2M in FY2021 to -$95.0M in FY2025. Over the trailing twelve months, revenue was $2.9M with EPS of -$5.60. For the latest quarter ended June 30, 2026, quarterly revenue grew 850.3% year-over-year.

As of June 30, 2026, MicroVision held $27.2M in cash and short-term investments against total debt of $45.5M, resulting in net debt of $18.2M. The company had a current ratio of 0.68 and a debt-to-equity ratio of 2.20, with shareholders' equity of $20.6M. MicroVision burned cash across all reported periods, generating -$58.7M in operating cash flow and -$59.4M in free cash flow in FY2025. Capital expenditures totaled $679,000 in FY2025, while the share count increased 103.7% over five years.

MicroVision closed at $1.13 on October 16, 2026, giving it a market capitalization of $34.6M and an enterprise value of $68.6M. The stock trades at a price-to-sales multiple of 12.0x and an enterprise value to revenue multiple of 23.8x, compared to the median of its US-listed Technology peers of 2.8x sales. The company has a price-to-book ratio of 2.4x. Over the past year, the stock fell 93.9%, compared to a 16.8% gain for the S&P 500 benchmark SPY, and sits 84.2% below its 200-day average.

Wall Street coverage includes 1 analyst for the next fiscal year. The mean price target is $2.00, representing a 77.0% premium over the last close of $1.13. For the current fiscal year ending December 31, 2026, consensus estimates project an EPS of -$0.13 and revenue of $0. For the next fiscal year, expectations are an EPS of -$0.17 on revenue of $20.0M. The company beat EPS estimates in 1 of the last 4 quarters, and its next earnings release is scheduled for November 10, 2026.

This page is an AI-written research summary of MicroVision, Inc. (MVIS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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