Analysts sharply cut Microvast Holdings' 2026 forecasts for both revenue and earnings per share.
Consensus revenue estimates dropped from $444 million to $362 million. Analysts now project a loss of $0.07 per share, a reversal from the previous expectation of a $0.18 per share profit.
The updated forecast implies an annualized revenue decline of 2.8% by the end of 2026. This marks a significant deceleration from the 22% annual growth recorded over the last five years.
Following the revised outlook, the consensus price target for Microvast fell 18% to $4.50. These downgrades follow the recent announcement of a class-action lawsuit filed against the company.