Analysts Set Mobileye Global Inc. (NASDAQ:MBLY) Price Target at $38.38

Shares of Mobileye Global Inc. (NASDAQ:MBLYGet Rating) have earned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $37.27.

MBLY has been the topic of several analyst reports. Mizuho initiated coverage on Mobileye Global in a report on Monday. They set a “buy” rating and a $35.00 price target on the stock. Wolfe Research initiated coverage on Mobileye Global in a report on Monday. They set a “peer perform” rating on the stock. Morgan Stanley started coverage on Mobileye Global in a report on Monday. They set an “equal weight” rating and a $32.00 price target on the stock. Bank of America started coverage on shares of Mobileye Global in a report on Monday. They issued a “neutral” rating and a $34.00 price objective on the stock. Finally, Robert W. Baird started coverage on shares of Mobileye Global in a report on Monday, November 14th. They issued an “outperform” rating and a $36.00 price objective on the stock.

Mobileye Global Stock Performance

NASDAQ MBLY opened at $29.31 on Monday. Mobileye Global has a 52 week low of $24.85 and a 52 week high of $31.88.

Insider Transactions at Mobileye Global

In related news, CEO Amnon Shashua acquired 476,191 shares of the stock in a transaction dated Friday, October 28th. The stock was acquired at an average cost of $21.00 per share, with a total value of $10,000,011.00. Following the completion of the transaction, the chief executive officer now owns 476,191 shares in the company, valued at approximately $10,000,011. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO Amnon Shashua acquired 476,191 shares of the stock in a transaction dated Friday, October 28th. The stock was acquired at an average cost of $21.00 per share, with a total value of $10,000,011.00. Following the completion of the transaction, the chief executive officer now owns 476,191 shares in the company, valued at approximately $10,000,011. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Safroadu Yeboah-Amankwah acquired 47,519 shares of the stock in a transaction dated Friday, October 28th. The shares were bought at an average cost of $21.00 per share, with a total value of $997,899.00. Following the completion of the transaction, the director now owns 47,519 shares of the company’s stock, valued at approximately $997,899. The disclosure for this purchase can be found here.

About Mobileye Global

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Mobileye Global Inc engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates.

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Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

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