BA
The Boeing Company
BA has the edge over MVST overall, supported by stronger fundamentals and lower modeled downside.
MVST
Microvast Holdings, Inc.
MVST offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
MVST Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Weak |
MVST's revenue, profitability, cash flow and balance sheet are all currently weak.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
MVST PE Valuation
MVST has no meaningful PE right now: it lost money over the past year.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over MVST on the outlook, with more favorable earnings and revenue expectations.
MVST Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect MVST's earnings and revenue to decline, with profitability weakening.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has the edge over MVST on earnings quality, reporting a profit while its opponent remains loss making.
MVST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.07 | — |
| Q3 2026 | -$0.22 | +$0.30 |
| Q2 2026 | -$0.02 | +$0.47 |
| Q1 2026 | -$0.32 | +$0.16 |
| Q4 2025 | -$0.23 | +$0.38 |
| Q3 2025 | -$0.52 | -$0.07 |
| Q2 2025 | -$0.49 | +$0.07 |
| Q1 2025 | -$0.48 | -$0.16 |
| Q4 2024 | -$0.61 | -$0.27 |
MVST is still losing money, but far less than before: $0.22 per share over the past year, against $0.61 at its worst in late 2024.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA has the edge over MVST on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA has the edge over MVST on profitability, with a higher operating margin.
MVST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $45.8M | -63% |
| Q2 2026 | $87.3M | -4.5% |
| Q1 2026 | $60.6M | -48% |
| Q4 2025 | $96.4M | -15% |
| Q3 2025 | $123.3M | +22% |
| Q2 2025 | $91.3M | +9.2% |
| Q1 2025 | $116.5M | +43% |
| Q4 2024 | $113.4M | +8.4% |
MVST's revenue has slid since its 2025 peak: $46M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -146% | -156 points |
| Q2 2026 | -2% | -20 points |
| Q1 2026 | -13% | -29 points |
| Q4 2025 | -43% | -41 points |
| Q3 2025 | 11% | +3.4 points |
| Q2 2025 | 18% | +136 points |
| Q1 2025 | 16% | +45 points |
| Q4 2024 | -1.3% | +20 points |
MVST's operating margin was −146% last quarter, down 156 points from the same quarter a year ago, near the bottom of its range since 2021.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over MVST on cash generation, producing positive trailing cash flow while its opponent burns cash.
MVST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.5M | -3023% |
| Q2 2026 | -$21.8M | -164% |
| Q1 2026 | -$25.7M | -632% |
| Q4 2025 | $15.8M | +175% |
| Q3 2025 | $1.2M | +$20.8M |
| Q2 2025 | $34.3M | +$37.1M |
| Q1 2025 | $4.8M | +$13M |
| Q4 2024 | $5.7M | +$43.9M |
MVST has burned cash in most quarters: −$66M over the past year, against $46M the year before.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has the edge over MVST on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
MVST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +10% | +35.6M shares |
| 1 year | +19% | +60.8M shares |
| 3 years | +23% | +71.4M shares |
| 5 years | +1294% | +357M shares |
| Available history | +4751% | +377M shares |
MVST has 385M diluted shares, up 19% from a year ago.
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
MVST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 5.2x | High |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.2x | Very low |
MVST's net debt is about 5.2 years of its operating earnings (EBITDA).
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
MVST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.3 | Oversold |
| Stochastic | 17.0 | Oversold |
MVST's weekly RSI is 27 (oversold) and its Stochastic is 17 (oversold).
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
MVST PE vs Industrials Sector
MVST has no meaningful PE right now: it lost money over the past year.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
MVST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.55 | 58% below |
| 20 week MA | $0.71 | 68% below |
| 50 week MA | $1.58 | 85% below |
| 100 week MA | $2.27 | 90% below |
| 200 week MA | $1.67 | 86% below |
MVST is in a downtrend: it's below all five of its weekly moving averages, and 86% below its 200-week average.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has the edge over MVST on returns for 2026, with the stronger performance.
MVST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.93 | $18.2 | +84% |
| 2021 | $18.2 | $6.29 | -66% |
| 2022 | $6.29 | $1.56 | -75% |
| 2023 | $1.56 | $1.40 | -10% |
| 2024 | $1.40 | $2.45 | +75% |
| 2025 | $2.45 | $2.91 | +19% |
| 2026 YTD | $2.91 | $0.23 | -92% |
MVST has finished lower in three of the last six years. It's down 92% so far in 2026.