Mobileye Global (NASDAQ:MBLY) Upgraded by Piper Sandler to “Overweight” Rating

Piper Sandler upgraded shares of Mobileye Global (NASDAQ:MBLY) from a neutral rating to an overweight rating in a research report report published on Monday morning, Marketbeat reports. They currently have $12.00 price objective on the stock, up from their previous price objective of $10.00.

Other equities analysts have also issued reports about the company. Weiss Ratings raised Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Mizuho lowered their price objective on shares of Mobileye Global from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Friday. The Goldman Sachs Group lifted their price objective on shares of Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Mobileye Global from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Zacks Research upgraded shares of Mobileye Global from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Mobileye Global currently has a consensus rating of “Hold” and a consensus price target of $12.95.

Mobileye Global Trading Down 0.5%

Shares of NASDAQ MBLY opened at $8.01 on Monday. Mobileye Global has a 12-month low of $6.47 and a 12-month high of $15.81. The company has a market cap of $6.74 billion, a P/E ratio of -1.61 and a beta of 1.16. The stock has a fifty day moving average price of $9.33 and a 200 day moving average price of $8.96.

Mobileye Global (NASDAQ:MBLY) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. Mobileye Global had a positive return on equity of 0.70% and a negative net margin of 201.49%.The company had revenue of $508.00 million for the quarter, compared to analysts’ expectations of $480.51 million. During the same quarter in the previous year, the firm posted ($0.08) earnings per share. The firm’s quarterly revenue was up .4% on a year-over-year basis. On average, sell-side analysts forecast that Mobileye Global will post -0.09 EPS for the current fiscal year.

Mobileye Global declared that its board has approved a stock buyback program on Thursday, April 23rd that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 3.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Mobileye Global

A number of hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Mobileye Global in the 2nd quarter valued at approximately $31,000. IFP Advisors Inc grew its position in shares of Mobileye Global by 465.7% during the third quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after buying an additional 1,495 shares in the last quarter. Rhumbline Advisers acquired a new stake in shares of Mobileye Global during the first quarter worth approximately $27,000. Financial Management Professionals Inc. bought a new stake in shares of Mobileye Global in the fourth quarter worth $32,000. Finally, Leonteq Securities AG bought a new stake in shares of Mobileye Global in the fourth quarter worth $33,000. Institutional investors and hedge funds own 13.25% of the company’s stock.

Trending Headlines about Mobileye Global

Here are the key news stories impacting Mobileye Global this week:

• Positive Sentiment: Analyst upgrade: Piper Sandler upgraded Mobileye to “overweight” from “neutral” and raised its price target to $12, suggesting substantial potential upside based on the company’s long-term advanced driver-assistance and autonomous-driving prospects. Benzinga analyst coverage
• Positive Sentiment: Earnings beat: Mobileye recently exceeded quarterly earnings and revenue expectations, supported by higher unit volumes. Needham also reaffirmed its “buy” rating, providing some support for the shares despite broader concerns about the outlook. Mobileye trading after earnings beat Needham reaffirms buy rating
• Neutral Sentiment: Analyst views remain divided: Canaccord maintained a “buy” rating while cutting its target to $12 from $17. UBS reduced its target to $9 from $10 and kept a “neutral” rating, indicating that valuation support exists but expectations have become more cautious. Analyst price-target changes
• Negative Sentiment: CEO transition risk: Mobileye is searching for a new chief executive with stronger marketing expertise following the planned departure of founder Amnon Shashua. Investors may view the leadership change as a source of execution and strategic uncertainty. Mobileye seeks CEO with marketing expertise
• Negative Sentiment: Pricing and 2026 concerns: Analysts noted that unit growth has been offset by falling revenue per system, raising questions about margins and future earnings. Fair-value estimates have edged lower, while JPMorgan also reduced its expectations for the stock. Mobileye fair value and 2026 risks JPMorgan lowers Mobileye expectations

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.