Microvision (NASDAQ:MVIS) Issues Earnings Results, Misses Estimates By $0.07 EPS

Microvision (NASDAQ:MVIS) issued its earnings results on Wednesday. The electronics maker reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.07), FiscalAI reports. Microvision had a negative return on equity of 128.92% and a negative net margin of 7,862.67%.The company had revenue of $0.22 million during the quarter, compared to analyst estimates of $3.00 million.

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

• Acquisitions of Luminar and Scantinel meaningfully broaden MicroVision’s portfolio (short‑range MOVIA, long‑range Iris/Halo, 1550 FMCW) and add roughly ~30 new customer relationships, which management says accelerates time‑to‑revenue and market access.
• Management reports resumed shipments to legacy Luminar customers, ongoing MOVIA L orders (EU security/defense) and strong early interest in MOVIA S, supporting the company’s 2026 revenue guidance of $10M–$15M.
• Q4 and full‑year 2025 revenue were very small ($0.2M and $1.2M) and the company recorded $29.4M of Q4 non‑cash impairments (inventory and software), and expects an additional $8M–$12M of 2026 impairments plus $1M–$2M in restructuring costs tied to consolidation.
• Balance sheet and cash plan show $74.8M of cash and securities at year‑end, a subsequent $43M senior secured convertible note financing (to refinance $19.5M existing debt), and guidance for cash used in operations plus CapEx of $65M–$70M in 2026, indicating continued cash burn and reliance on financing.
• Strategy shift to “LiDAR 2.0” — emphasizing an open software stack (MOSAIK/Sentinel), design‑to‑cost hardware, and diversified end markets (automotive, industrial, security/defense) — aims to improve economics and scalability but will hinge on execution and customer conversions.

Microvision Trading Up 8.5%

MVIS stock traded up $0.05 during trading on Friday, hitting $0.60. The company had a trading volume of 5,439,199 shares, compared to its average volume of 4,851,795. The business has a 50 day moving average of $0.83 and a 200 day moving average of $1.01. The firm has a market capitalization of $183.12 million, a price-to-earnings ratio of -1.71 and a beta of 1.21. Microvision has a fifty-two week low of $0.51 and a fifty-two week high of $1.73.

Wall Street Analyst Weigh In

MVIS has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Microvision in a report on Monday, December 29th. D. Boral Capital cut shares of Microvision from a “buy” rating to a “hold” rating in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Microvision presently has a consensus rating of “Hold” and a consensus price target of $2.50.

Institutional Trading of Microvision

A number of institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new position in shares of Microvision during the third quarter valued at approximately $26,000. BNP Paribas Financial Markets boosted its stake in Microvision by 114.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 25,744 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 13,735 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Microvision during the 1st quarter valued at $32,000. CIBC Bancorp USA Inc. acquired a new position in shares of Microvision during the 3rd quarter valued at $33,000. Finally, Prudential Financial Inc. raised its stake in shares of Microvision by 77.4% in the 2nd quarter. Prudential Financial Inc. now owns 30,520 shares of the electronics maker’s stock worth $35,000 after buying an additional 13,315 shares in the last quarter. 30.90% of the stock is owned by institutional investors and hedge funds.

Microvision Company Profile

MicroVision, Inc (NASDAQ: MVIS) is a technology company specializing in laser scanning and sensing solutions. Founded in 1993 and headquartered in Redmond, Washington, MicroVision develops its proprietary PicoP® scanning technology, which integrates miniature lasers and microelectromechanical systems (MEMS) mirrors to create high-resolution projection displays and three-dimensional sensing systems. Over the years, the company has built a portfolio of patents and intellectual property focused on precision optics and laser-based signal processing.

At the core of MicroVision’s offerings is its display platform, which enables compact, energy-efficient projection for augmented reality (AR) headsets, head-up displays (HUDs) in automotive environments, and consumer electronics applications such as pico projectors.