Berenberg Bank initiated coverage on shares of Mobileye Global (NASDAQ:MBLY – Free Report) in a research report report published on Wednesday morning, Marketbeat.com reports. The firm issued a buy rating and a $9.30 target price on the stock.
Several other research firms have also issued reports on MBLY. Wells Fargo & Company lowered their price target on Mobileye Global from $24.00 to $18.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Weiss Ratings reissued a “sell (e+)” rating on shares of Mobileye Global in a research report on Wednesday, January 28th. Zacks Research upgraded shares of Mobileye Global from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. HSBC raised shares of Mobileye Global to a “strong-buy” rating in a report on Friday, January 23rd. Finally, Royal Bank Of Canada dropped their target price on shares of Mobileye Global from $14.00 to $13.00 and set a “sector perform” rating on the stock in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $15.48.
Get Our Latest Research Report on MBLY
Mobileye Global Stock Up 7.6%
Mobileye Global (NASDAQ:MBLY – Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The business had revenue of $446.00 million during the quarter, compared to analysts’ expectations of $430.69 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. The firm’s quarterly revenue was down 9.0% compared to the same quarter last year. As a group, equities analysts expect that Mobileye Global will post 0.01 EPS for the current year.
Institutional Investors Weigh In On Mobileye Global
Large investors have recently bought and sold shares of the business. Intel Corp bought a new position in Mobileye Global during the 3rd quarter valued at about $706,000,000. Burkehill Global Management LP bought a new stake in shares of Mobileye Global in the third quarter worth approximately $42,360,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Mobileye Global in the third quarter worth approximately $40,670,000. DNB Asset Management AS purchased a new position in shares of Mobileye Global during the third quarter valued at approximately $40,212,000. Finally, Two Sigma Investments LP raised its holdings in shares of Mobileye Global by 131.9% during the third 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. 13.25% of the stock is currently owned by institutional investors.
Mobileye Global News Summary
Here are the key news stories impacting Mobileye Global this week:
- Positive Sentiment: Berenberg initiated coverage with a Buy and $9.30 price target (about a mid‑20% upside from the current price), calling Mobileye the “dominant” global supplier of camera‑based ADAS — this adds credibility from a European sell‑side shop and may attract buy interest. Mobileye Is the “Dominant” Global ADAS Supplier — Berenberg Just Initiated a Buy Rating
- Positive Sentiment: Mobileye secured a major U.S. driver‑monitoring system (DMS) order — a concrete commercial win that supports near‑term revenue/content gains and strengthens its ADAS ecosystem position. Mobileye Global Inc. (MBLY) secures major DMS order in the US
- Neutral Sentiment: Coverage pieces are re‑examining Mobileye’s valuation after the DMS contract; these analyses help investors frame upside vs. current depressed multiples but don’t change fundamentals immediately. A Look At Mobileye Global (MBLY) Valuation After New Driver Monitoring System Contract
- Neutral Sentiment: Barclays publicly retained a Buy rating on MBLY, which supports the bullish narrative from some institutional analysts even as the stock trades near multi‑year lows. Barclays Keeps Their Buy Rating on Mobileye Global, Inc. Class A (MBLY)
- Negative Sentiment: Conflicting coverage includes a note that Barclays (or other outlets citing Barclays’ work) issued a more pessimistic near‑term forecast for MBLY’s stock/earnings — a reminder of demand and margin risks that could cap upside and pressure the share price if guidance/industry trends deteriorate. Barclays Issues Pessimistic Forecast for Mobileye Global (NASDAQ:MBLY) Stock Price
About Mobileye Global
Mobileye Global Inc (NASDAQ: MBLY) is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye’s core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.
Founded in 1999 by Prof.
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