Microvision (NASDAQ:MVIS) Releases Earnings Results

Microvision (NASDAQ:MVIS) announced its quarterly earnings results on Wednesday. The electronics maker reported ($0.45) EPS for the quarter, beating the consensus estimate of ($0.75) by $0.30, FiscalAI reports. Microvision had a negative net margin of 3,976.67% and a negative return on equity of 221.31%. The company had revenue of $2.40 million for the quarter, compared to analyst estimates of $2.00 million.

Here are the key takeaways from Microvision’s conference call:

• Q3 revenue rose to $2.4 million from $0.2 million a year earlier, while year-to-date revenue reached $4.8 million and gross margin improved to 50% from negative territory. Management reaffirmed its 2026 revenue outlook of $10 million-$15 million, supported by approximately $10 million in purchase orders awaiting shipment.
• Management expects 2027 revenue to double from 2026 levels, driven by IRIS shipments, expanded MOVIA sales, and committed customer demand; roughly half of projected 2027 revenue is reportedly supported by an IRIS pipeline that is committed or high-confidence.
• The company reported expanding commercial traction across industrial, security and defense, and intelligent transportation markets, including interest from more than 70 potential MOVIA Pro customers and planned HALO customer evaluations ahead of its Q4 2027 launch.
• MicroVision is targeting approximately $40 million of operating cash burn in 2027, down about one-third from its 2026 target, while Q3 adjusted EBITDA loss improved to $11.1 million from a first-half quarterly average of $18 million.
• Liquidity remains a key risk: the company ended Q3 with $28.9 million in cash, continues to consume cash, and may need financing despite prioritizing non-dilutive sources; management noted approximately $40 million remains available under its ATM facility, which could create shareholder dilution.

Microvision Stock Performance

Shares of NASDAQ:MVIS traded up $0.12 during mid-day trading on Thursday, hitting $1.42. 641,803 shares of the company traded hands, compared to its average volume of 818,914. The firm’s 50 day simple moving average is $1.51 and its 200 day simple moving average is $6.70. The firm has a market cap of $33.73 million, a P/E ratio of -0.27 and a beta of 1.13. Microvision has a 52-week low of $1.08 and a 52-week high of $18.00.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MVIS. Wall Street Zen upgraded Microvision to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Microvision in a research note on Friday, August 28th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $45.00.

About Microvision

MicroVision, Inc develops lidar sensing and perception technologies for automotive and industrial applications. Its products are designed to help vehicles and machines detect, classify and track objects and understand their surroundings, supporting advanced driver-assistance systems and autonomous driving. The company’s technology uses microelectromechanical systems (MEMS), laser scanning and related software to provide real-time environmental data.

MicroVision’s product portfolio includes automotive lidar systems such as MAVIN, a long-range sensor platform, and MOVIA, a compact lidar product intended for applications including vehicle automation and industrial sensing.