Mobileye Global Inc. (NASDAQ:MBLY) Given Consensus Rating of “Hold” by Analysts

Shares of Mobileye Global Inc. (NASDAQ:MBLY) have earned an average rating of “Hold” from the twenty-two brokerages that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $19.00.

Several equities analysts recently weighed in on the stock. Mizuho cut their target price on shares of Mobileye Global from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, October 24th. Zacks Research lowered Mobileye Global from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Deutsche Bank Aktiengesellschaft raised Mobileye Global from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Monday, October 6th. Bank of America lowered their target price on Mobileye Global from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, September 10th. Finally, Robert W. Baird reduced their price target on shares of Mobileye Global from $22.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 3rd.

Mobileye Global Trading Up 0.4%

NASDAQ:MBLY opened at $11.22 on Tuesday. The stock has a 50-day moving average price of $13.62 and a 200 day moving average price of $14.89. The stock has a market capitalization of $9.15 billion, a P/E ratio of -26.71, a P/E/G ratio of 6.97 and a beta of 0.51. Mobileye Global has a 12-month low of $10.74 and a 12-month high of $22.51.

Mobileye Global (NASDAQ:MBLY) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The business had revenue of $504.00 million during the quarter, compared to the consensus estimate of $479.93 million. Mobileye Global had a positive return on equity of 0.68% and a negative net margin of 17.34%.The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS. Mobileye Global has set its FY 2025 guidance at EPS. On average, research analysts predict that Mobileye Global will post 0.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MBLY. Intel Corp bought a new stake in Mobileye Global during the third quarter worth approximately $706,000,000. Two Sigma Investments LP increased its position in shares of Mobileye Global by 131.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,383,735 shares of the company’s stock valued at $61,898,000 after purchasing an additional 2,493,181 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Mobileye Global by 65.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,065,586 shares of the company’s stock valued at $43,286,000 after purchasing an additional 1,213,448 shares during the last quarter. Burkehill Global Management LP purchased a new stake in Mobileye Global during the 3rd quarter valued at $42,360,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in Mobileye Global in the third quarter worth $40,670,000. Institutional investors own 13.25% of the company’s stock.

Mobileye Global Company Profile

Mobileye Global Inc develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company operates through Mobileye and Other segments. It offers Driver Assist comprising 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 navigation and assisted driving 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.