Microvision, Inc. (MVIS) Stock Price & How to Invest
Short answer
You can invest in MicroVision (MVIS) by buying shares or fractional shares at any major broker, through an ETF that holds it, or as one holding in a thematic basket. MicroVision is a lidar and laser-scanning company that builds long-range and short-range sensors for automotive ADAS, industrial automation, and security and defense, and the bull case rests on its Lidar 2.0 strategy converting design interest into recurring product orders. The central risk is that revenue is still minimal (roughly $0.9 million in Q1 2026 against a net loss of about $25.3 million), the company funds itself through dilution and convertible notes, and it competes in a crowded lidar field against larger and better-capitalized rivals.
MVIS stock price
As of 2026-06-26, Microvision, Inc. (MVIS) last closed at $0.2800, down 75.4% over the past year. Over the past 52 weeks it has traded between $0.2800 and $1.50.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Microvision, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does Microvision, Inc. (MVIS) do?
MicroVision is a Redmond, Washington technology company that develops lidar and laser beam-scanning sensors. Its product line spans IRIS long-range sensors aimed at automotive ADAS and autonomous driving, and MOVIA L short-range sensors aimed at industrial and security and defense applications such as mining, trucking, drones, and perimeter sensing. The technology originated in automotive, where MicroVision spent years pursuing OEM design wins, and in early 2026 the company acquired certain lidar assets (including IRIS and Halo IP, inventory, and talent) from Luminar Technologies for roughly $33 million to broaden its sensor portfolio under what it calls a Lidar 2.0 commercialization strategy.
Financially, MicroVision remains highly speculative. Revenue is minimal, at about $0.9 million in Q1 2026 and roughly $1.55 million over the trailing twelve months, while net losses run far larger (about $25.3 million in Q1 2026 and roughly $91.5 million over the trailing twelve months). The company has a long history of dilution, with share count up sharply year over year, and it funds operations through an at-the-market equity program and senior secured convertible notes. Management has guided to a meaningful 2026 revenue ramp as industrial and defense orders scale, but execution against that guidance is unproven and the stock has long attracted speculative, retail-driven trading.
What's driving Microvision, Inc. (MVIS)?
Industrial and defense pivot
MicroVision has shifted emphasis from waiting on long-dated automotive contracts toward nearer-term industrial and security and defense demand. It reports new and repeat orders for MOVIA L short-range sensors across mining, trucking, and perimeter sensing, and is building defense and drone ISR and navigation initiatives supported by a new Aerial Systems team and a Virginia test site. These markets can offer shorter sales cycles and potentially higher margins than automotive.
Automotive design-win optionality
The original thesis was that MicroVision could win OEM and Tier-1 ADAS contracts for its IRIS long-range lidar as advanced driver assistance and autonomy adopt more sensing hardware. A single large automotive program could be transformational relative to today's revenue, though such wins have been slow to materialize across the lidar sector and remain unproven for MicroVision.
IP portfolio and Luminar assets
MicroVision holds an extensive patent portfolio in laser scanning and lidar accumulated over decades, and in early 2026 it added IRIS and Halo IP, inventory, and engineering talent from Luminar for about $33 million. The bull case is that this consolidated IP and product base strengthens its competitive standing and accelerates commercialization under the Lidar 2.0 strategy.
2026 revenue ramp guidance
Management has guided to roughly $10 to $15 million in 2026 revenue with positive gross margins, a large step up from Q1 levels, framed around scaling industrial and defense shipments. Delivering on that guidance would be a meaningful proof point, but it depends on converting pipeline orders into volume production, which has not yet been demonstrated at scale.
What are the risks to Microvision, Inc. (MVIS)?
The dominant risk is that revenue remains minimal relative to a large and continuing cash burn, so MicroVision depends on dilution through its at-the-market equity program and on senior secured convertible notes to stay funded, and analysts have flagged roughly 12 months of runway with a balance sheet that screens as financially distressed. The lidar market is crowded and competitive, with rivals including Hesai, Ouster, Innoviz, Aeva, and AEye, some better capitalized or already profitable. Automotive and defense sales cycles are long and lumpy, execution against the 2026 revenue ramp is unproven, and the stock trades with high volatility and speculative, retail-driven swings that can decouple from fundamentals.
How is Microvision, Inc. (MVIS) valued? (approximate, 2026-06-27)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Microvision, Inc.'s investor relations page or your broker.
- Q1 2026 revenue: ~$0.9M
- Q1 2026 net loss: ~$25.3M
- Trailing-twelve-month revenue: ~$1.55M
- Cash and equivalents: ~$46.1M
- Convertible note principal: ~$40.1M
- Market capitalization: ~$120M
MicroVision is a speculative, pre-scale company: revenue is minimal while losses and cash burn are large, so the durability of the thesis hinges on funding and the 2026 revenue ramp. Analysts have estimated roughly 12 months of cash runway, and the company relies on its ATM equity program and convertible notes, which dilute existing shareholders. Figures are approximate and tied to the asOf date; verify against the latest filings before acting.
Who competes with Microvision, Inc. (MVIS)?
Companies targeting OEM ADAS and autonomous-driving programs with long-range lidar, the original arena for MicroVision's IRIS sensor.
Players addressing industrial automation, robotics, trucking, and security with short-range and mid-range sensors, where MicroVision's MOVIA L competes.
High-volume manufacturers, primarily serving Chinese automakers and increasingly global OEMs, that set aggressive pricing across the sector.
How to invest in Microvision, Inc. (MVIS)
There are three common ways to get MVIS exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so MVIS sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where MVIS fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on Microvision, Inc. (MVIS)
If you believe lidar will become standard sensing hardware across automotive ADAS, industrial automation, and defense, and that MicroVision can convert its IRIS long-range and MOVIA short-range sensors plus its acquired Luminar IP into durable, higher-margin product revenue, then MVIS is one speculative way to express that view. The counterweight is severe: revenue remains tiny relative to its losses, the company relies on dilution and convertible notes to stay funded, lidar sales cycles are long, and several competitors are better capitalized. MVIS trades and behaves like an early-stage, sometimes meme-adjacent story stock, so position sizing and risk tolerance matter more here than for an established, profitable business.
More on Microvision, Inc. (MVIS)
Whether MVIS is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is MVIS a buy?, and where the stock could go from here in the MVIS stock forecast.
For income investors, whether MVIS pays a dividend and how the payout looks is covered in does MVIS pay a dividend?
Build a basket around MVIS with Walnut
Use Microvision, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Is MVIS a good stock to buy right now?
+
That depends entirely on your goals and risk tolerance, and this is not a recommendation. The bull case is that MicroVision can scale industrial and defense lidar orders and win automotive programs, hitting its 2026 revenue guidance. The bear case is minimal revenue (~$0.9M in Q1 2026), large losses, heavy dilution, roughly 12 months of runway, and tough competition. MVIS is a speculative, volatile stock.
What does MicroVision do?
+
MicroVision develops lidar and laser beam-scanning sensors that measure distance and map surroundings. Its IRIS long-range sensors target automotive ADAS and autonomous driving, while its MOVIA L short-range sensors target industrial uses like mining and trucking plus security and defense applications such as drones and perimeter sensing. It also licenses an extensive lidar and laser-scanning patent portfolio.
Is MVIS profitable?
+
No. MicroVision is not profitable and has a long history of losses. In Q1 2026 it reported revenue of about $0.9 million against a net loss of roughly $25.3 million, and trailing-twelve-month losses were around $91.5 million on roughly $1.55 million of revenue. The company funds its cash burn through equity sales and convertible notes.
Does MVIS pay a dividend?
+
No. MicroVision does not pay a dividend. It is an unprofitable, pre-scale technology company that reinvests in product development and commercialization and funds operations through dilution and debt, so all return would have to come from share-price appreciation rather than income. Speculative growth-stage companies like this rarely pay dividends.
Why is MVIS considered a meme or speculative stock?
+
MicroVision has long attracted retail and speculative trading because it pairs a small revenue base with a big, hardware-heavy lidar story and a heavily shorted, low-priced share structure. That mix produces sharp, sentiment-driven price swings that can decouple from fundamentals. Combined with minimal revenue and ongoing dilution, this makes MVIS a high-risk, speculative holding.
How does MicroVision make money?
+
MicroVision generates revenue mainly by selling lidar sensors and related software to automotive, industrial, and security and defense customers, including IRIS long-range and MOVIA L short-range units, plus historical IP licensing. Revenue is still minimal (~$1.55 million trailing twelve months), and management has guided to roughly $10 to $15 million in 2026 as it scales industrial and defense orders.
Who are MicroVision's main competitors?
+
MicroVision competes in a crowded lidar market. Western peers include Luminar, Innoviz, Ouster, Aeva, and AEye, while China-based volume leaders such as Hesai and RoboSense set aggressive pricing. Several competitors are better capitalized or further along commercially; Ouster, for example, has reported a profitable quarter and a longer cash runway, which intensifies competitive and funding pressure on MicroVision.
How can I add MVIS to a thematic basket?
+
In Walnut you can include MicroVision (MVIS) as one holding in a basket organized around a thesis such as autonomous driving, lidar and sensing, or defense technology, set a target weight, and connect a broker to place orders toward those targets. Given its speculative profile, many people who hold MVIS size it as a small, high-risk slice. This is descriptive, not advice.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Microvision, Inc.'s investor relations page or your broker before making investment decisions.