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Microvast Skyrockets 1162% in a Year: Is the Stock Still Worth Buying?
Microvast Microvast (US:MVST) ZACKS·2025-09-13 01:00

Key Takeaways Microvast surged 1162.3% in a year, far outpacing its industry and the broader market.Revenues rose 24% in 2024, driven by demand in the APAC and the United States, with EMEA contributing 43%.Microvast expanded in Huzhou to meet a $320M backlog and partnered with Evoy to enter electric boats.Microvast Holdings (MVST) shares have experienced remarkable growth over the past year. It has soared a whopping 1162.3% in a year, outperforming the 76.2% surge of its industry and 18.1% growth of the Zac ...