Microvision is a technology company specializing in the development of innovative lidar and projection display technologies aimed at enhancing visual experiences and enabling advanced sensing capabilities
The firm focuses on creating high-performance sensors and imaging solutions that can be integrated into various applications, including automotive, augmented reality, and smart devices. By leveraging its proprietary laser beam scanning technology, Microvision aims to revolutionize the way users interact with digital content, offering enhanced precision and efficiency in mapping environments and capturing data.
D. Boral Capital analyst Jesse Sobelson maintained a Buy rating on MicroVision with a $3.00 price target, despite a revised fourth-quarter EPS forecast. MVIS appointed Glen DeVos as CTO, and the company's liquidity position improved, totaling $234 million. The analyst urges investors to focus on key performance indicators like backlog growth and operating income.
