In the rapidly evolving landscape of technology, Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) stand out as noteworthy players in the lidar sensor market. Both companies operate within the hardware, equipment, and parts industry, focusing on innovative solutions for autonomous vehicles and advanced machinery. Their distinct approaches to lidar technology and market applications make them compelling subjects for comparison. Join me as we explore which of these two companies presents the most attractive investment opportunity.
Table of contents
Company Overview
Ouster, Inc. Overview
Ouster, Inc. is at the forefront of developing high-resolution digital lidar sensors and software designed to provide 3D vision capabilities for various applications, including machinery, vehicles, and robotics. The company, based in San Francisco, California, aims to enhance the operational efficiency and safety of these assets through advanced sensor technology. Ouster’s product lineup, including its OS scanning sensor and DF true solid-state flash sensor, targets industries ranging from automotive to smart infrastructure. With a market cap of approximately $1.33B, Ouster continues to innovate within the growing lidar market, positioning itself as a key player in the technology sector.
MicroVision, Inc. Overview
MicroVision, Inc., based in Redmond, Washington, specializes in lidar sensors and laser beam scanning technology, primarily for automotive safety and autonomous driving applications. Founded in 1993, the company leverages its expertise in micro-electrical mechanical systems to develop cutting-edge products, including augmented reality headsets and consumer lidar for smart home systems. With a market cap of around $279M, MicroVision focuses on delivering advanced imaging solutions that cater to original equipment manufacturers and design manufacturers, emphasizing its commitment to innovation in the technology realm.
Key similarities between Ouster and MicroVision include their focus on lidar technology and their positioning within the hardware and equipment industry. However, they differ primarily in their specific applications; Ouster emphasizes a broader range of 3D vision solutions, while MicroVision concentrates more on automotive safety and augmented reality applications.
Income Statement Comparison
The following table presents a comparison of key financial metrics for Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) for the most recent fiscal year, highlighting their revenue generation and profitability.
| Metric | Ouster, Inc. (OUST) | MicroVision, Inc. (MVIS) |
|---|---|---|
| Revenue | 111M | 4.7M |
| EBITDA | -80M | -71M |
| EBIT | -95M | -75M |
| Net Income | -97M | -97M |
| EPS | -2.08 | -0.46 |
Interpretation of Income Statement
In the most recent year, Ouster, Inc. demonstrated a significant increase in revenue, up from 83M to 111M, reflecting a positive growth trend. However, both companies reported substantial net losses, with OUST at -97M and MVIS at -97M, indicating ongoing challenges in achieving profitability. OUST’s EBITDA improved slightly compared to the previous year but remained negative, suggesting persistent operational difficulties. MVIS, while experiencing a drop in revenue from 7.3M to 4.7M, faced increased losses, highlighting further operational challenges. Overall, both companies require strategic adjustments to enhance their financial performance and manage risks effectively.
Financial Ratios Comparison
The table below provides a comparative overview of the most recent revenue and key financial ratios for Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS).
| Metric | OUST | MVIS |
|---|---|---|
| ROE | -54% | -198% |
| ROIC | -51% | -83% |
| P/E | -5.87 | -5.87 |
| P/B | 3.15 | 5.63 |
| Current Ratio | 2.80 | 1.79 |
| Quick Ratio | 2.59 | 1.74 |
| D/E | 0.11 | 1.06 |
| Debt-to-Assets | 7% | 43% |
| Interest Coverage | -57.15 | -19.19 |
| Asset Turnover | 0.40 | 0.04 |
| Fixed Asset Turnover | 4.54 | 0.20 |
| Payout Ratio | 0% | 0% |
| Dividend Yield | 0% | 0% |
Interpretation of Financial Ratios
Both companies display significant weaknesses in profitability metrics, with negative returns on equity (ROE) and invested capital (ROIC). OUST shows slightly better liquidity (current and quick ratios) than MVIS, indicating a better short-term financial position. However, both companies have high debt levels relative to equity, which poses potential risks, especially with negative interest coverage ratios. Investors should exercise caution given the high leverage and negative profit margins.
Dividend and Shareholder Returns
Both Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) do not pay dividends, reflecting a strategic focus on reinvestment rather than immediate shareholder returns. OUST, facing negative net income, prioritizes cash flow for operational sustainability, while MVIS emphasizes R&D to drive future growth. Both companies engage in share buyback programs, albeit with caution due to their financial positions. This lack of dividends aligns with a long-term value creation strategy, though it carries inherent risks given their current performance metrics.
Strategic Positioning
Ouster, Inc. (OUST) holds a significant market share in the lidar technology sector, focusing on high-resolution sensors for various applications. With a market cap of 1.33B, it faces competitive pressure from MicroVision, Inc. (MVIS), which specializes in automotive safety and AR technologies. While Ouster’s products are well-regarded, MicroVision’s innovative scanning technology poses a continuous threat. Both companies must navigate technological disruptions to maintain their positions in this rapidly evolving market.
Stock Comparison
In this section, I will analyze the stock price movements of Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) over the past year, highlighting key price dynamics and trading activity.
Trend Analysis
Ouster, Inc. (OUST) Over the past year, OUST has experienced a remarkable price change of +216.93%, indicating a bullish trend. However, in the recent period from September 14, 2025, to November 30, 2025, the stock has seen a decline of -23.48%, suggesting a shift towards deceleration. The highest price reached was 35.8, while the lowest was 4.82. The standard deviation of 8.42 indicates some volatility in the stock’s price movements.
MicroVision, Inc. (MVIS) Conversely, MVIS has faced a significant price change of -65.65% over the past year, establishing a bearish trend. In the recent period from September 14, 2025, to November 30, 2025, the stock further declined by -19.86%. The highest price recorded was 2.66, with a low of 0.82. The standard deviation of 0.42 suggests minimal volatility in its price.
In summary, OUST shows potential for recovery despite recent declines, while MVIS continues to struggle with a downward trajectory. Risk management should be a priority for investors considering exposure to these stocks.
Analyst Opinions
Recent analyst recommendations for Ouster, Inc. (OUST) show a consensus rating of C-, indicating a cautious stance. Analysts suggest that while the company has potential, its financial metrics are concerning, particularly in return on equity and earnings. In contrast, MicroVision, Inc. (MVIS) has a D+ rating, reflecting significant risks with its current financials and operational performance. Overall, the consensus leans towards a cautious hold for both stocks this year, given the highlighted challenges in their respective financial health.
Stock Grades
I have gathered the latest stock grades from reliable grading companies for two companies: Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS). Here’s a look at how these stocks are currently rated.
Ouster, Inc. Grades
| Grading Company | Action | New Grade | Date |
|---|---|---|---|
| Cantor Fitzgerald | upgrade | Overweight | 2025-11-07 |
| Cantor Fitzgerald | upgrade | Overweight | 2025-11-06 |
| WestPark Capital | maintain | Buy | 2025-11-05 |
| Rosenblatt | maintain | Buy | 2025-11-05 |
| WestPark Capital | upgrade | Buy | 2025-08-13 |
| Oppenheimer | maintain | Outperform | 2025-07-16 |
| WestPark Capital | downgrade | Hold | 2025-06-12 |
| WestPark Capital | upgrade | Buy | 2025-05-09 |
| Cantor Fitzgerald | maintain | Overweight | 2025-03-21 |
| WestPark Capital | maintain | Hold | 2025-03-21 |
MicroVision, Inc. Grades
| Grading Company | Action | New Grade | Date |
|---|---|---|---|
| D. Boral Capital | maintain | Buy | 2025-11-12 |
| WestPark Capital | maintain | Buy | 2025-10-21 |
| WestPark Capital | maintain | Buy | 2025-09-05 |
| D. Boral Capital | maintain | Buy | 2025-09-02 |
| WestPark Capital | maintain | Buy | 2025-08-27 |
| D. Boral Capital | maintain | Buy | 2025-08-11 |
| D. Boral Capital | maintain | Buy | 2025-05-21 |
| D. Boral Capital | maintain | Buy | 2025-05-13 |
| WestPark Capital | maintain | Buy | 2025-03-27 |
| D. Boral Capital | maintain | Buy | 2025-03-25 |
Overall, the trends indicate a positive outlook for both companies, particularly for Ouster, Inc., which has received multiple upgrades to “Overweight” from Cantor Fitzgerald. MicroVision, Inc. maintains a consistent “Buy” rating across several analysts, suggesting strong investor confidence.
Target Prices
Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) have reliable target price data available, reflecting analyst expectations for these companies.
| Company | Target High | Target Low | Consensus |
|---|---|---|---|
| Ouster, Inc. | 39 | 33 | 36.67 |
| MicroVision, Inc. | 5 | 5 | 5 |
For Ouster, Inc., the consensus target price of 36.67 suggests significant upside potential compared to the current price of 22.155. In contrast, MicroVision, Inc. has a target consensus of 5, aligning closely with its current price of 0.9128, indicating limited growth expectations.
Strengths and Weaknesses
Below is a summary of the strengths and weaknesses of Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS) based on recent data.
| Criterion | Ouster, Inc. (OUST) | MicroVision, Inc. (MVIS) |
|---|---|---|
| Diversification | Moderate | Low |
| Profitability | Negative margins | Negative margins |
| Innovation | Strong | Moderate |
| Global presence | Moderate | Low |
| Market Share | Emerging | Small |
| Debt level | Low | Moderate |
Key takeaways: Ouster shows stronger innovation and a lower debt level, while MicroVision struggles with profitability and market share. Both companies face challenges, but Ouster’s position may offer better long-term potential.
Risk Analysis
Below is a table outlining key risks associated with Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS).
| Metric | Ouster, Inc. | MicroVision, Inc. |
|---|---|---|
| Market Risk | High | Moderate |
| Regulatory Risk | Moderate | High |
| Operational Risk | High | High |
| Environmental Risk | Low | Low |
| Geopolitical Risk | Moderate | High |
The most significant risks are market and operational risks, notably for Ouster, which faces heightened volatility due to its technology sector presence. MicroVision, meanwhile, is grappling with regulatory challenges and operational sustainability, impacting its financial health.
Which one to choose?
When comparing Ouster, Inc. (OUST) and MicroVision, Inc. (MVIS), OUST appears to be the more favorable choice for investors. OUST has shown a bullish stock trend with a significant price increase of 216.93% over the past year, despite a recent decline of 23.48%. Its financials indicate a better gross profit margin of 36.4% compared to MVIS’s negative 60.3%. OUST also holds a higher current ratio (2.80) and a better overall rating of C- versus MVIS’s D+. Despite both companies facing challenges with profitability, OUST is better positioned in terms of market performance and financial health.
Investors focused on growth may prefer OUST, while those prioritizing stability should consider the inherent risks in both companies, including competition and market dependence.
Disclaimer: This article is not financial advice. Each investor is responsible for their own investment decisions.
Go further
I encourage you to read the complete analyses of Ouster, Inc. and MicroVision, Inc. to enhance your investment decisions:
