Microvision: D. Boral Capital Reiterates Buy Rating, Raises PT to $2.5

Microvision: D. Boral Capital Reiterates Buy Rating, Raises PT to $2.5

MicroVision (NASDAQ:MVIS), a leading provider of perception solutions for autonomy and mobility, has received a positive rating from D. Boral Capital, which reiterated its "Buy" recommendation and raised its price target to $2.5. The investment research firm highlighted the company's strategic pivot towards higher-value sectors and its strong financial position as key factors supporting this decision [1].

In its latest earnings report for Q2 2025, MicroVision reported a significant decline in revenue, falling to $0.2 million from $1.9 million in Q2 2024, a 89.5% year-over-year decrease. However, the company demonstrated substantial progress in cost management, reducing operating expenses by 44% to $14.1 million from $25.0 million in the prior year period. This operational efficiency improvement helped narrow the adjusted EBITDA loss to $11.2 million from $12.6 million in Q2 2024 [1].

MicroVision's strategic focus on the automotive, industrial, and defense sectors is seen as a prudent move, given the elongated timelines typical in the automotive industry. The company's integration with NVIDIA's DRIVE AGX platform represents a significant technical achievement that validates its technology. The partnership with ZF, a tier-1 automotive supplier, further strengthens MicroVision's position in the market by providing credibility and production capability necessary for high-volume deployment [1].

Despite the revenue decline, MicroVision maintains a strong financial position with $91.4 million in cash and cash equivalents and access to an additional $106.5 million in capital facilities. The company's solid-state architecture is seen as a competitive advantage, offering reliability, size, and manufacturing scalability compared to mechanical lidar systems with moving parts [1].

D. Boral Capital's confidence in MicroVision's ability to secure revenue opportunities in the industrial vertical and its strategic vision for 2025 suggests that the company's near-term monetization efforts are on track. However, investors should closely watch whether these opportunities translate into actual revenue growth in coming quarters. The company's multi-market approach and strong financial position position it well for future growth, but the commercialization journey remains challenging [1].

References:
[1] https://www.stocktitan.net/news/MVIS/micro-vision-announces-second-quarter-2025-rzeu3tdky43s.html