Shares of Mobileye Global Inc. (NASDAQ:MBLY – Get Free Report) hit a new 52-week low on Tuesday after Barclays lowered their price target on the stock from $16.00 to $14.00. Barclays currently has an overweight rating on the stock. Mobileye Global traded as low as $6.47 and last traded at $6.56, with a volume of 5964766 shares. The stock had previously closed at $6.73.
MBLY has been the subject of a number of other research reports. Piper Sandler dropped their target price on shares of Mobileye Global from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Arete Research cut shares of Mobileye Global from a “buy” rating to a “neutral” rating and set a $15.70 price target on the stock. in a research report on Tuesday, January 27th. Canaccord Genuity Group decreased their price objective on shares of Mobileye Global from $30.00 to $24.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. HSBC raised shares of Mobileye Global to a “strong-buy” rating in a research report on Friday, January 23rd. Finally, Morgan Stanley cut their target price on shares of Mobileye Global from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $15.48.
View Our Latest Stock Analysis on MBLY
Key Headlines Impacting Mobileye Global
- 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
Institutional Trading of Mobileye Global
Large investors have recently bought and sold shares of the company. Intel Corp acquired a new stake in Mobileye Global during the 3rd quarter valued at $706,000,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Mobileye Global in the 3rd quarter worth $40,670,000. Ion Asset Management Ltd. acquired a new position in Mobileye Global in the 3rd quarter worth $3,389,000. JPMorgan Chase & Co. boosted its position in Mobileye Global by 57.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 686,976 shares of the company’s stock valued at $9,700,000 after buying an additional 251,072 shares during the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new position in Mobileye Global in the 3rd quarter valued at about $2,470,000. Institutional investors and hedge funds own 13.25% of the company’s stock.
Mobileye Global Stock Up 7.6%
The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of -15.08 and a beta of 0.75. The firm has a 50 day moving average price of $8.46 and a two-hundred day moving average price of $11.06.
Mobileye Global (NASDAQ:MBLY – Get Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $0.06 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 firm had revenue of $446.00 million during the quarter, compared to the consensus estimate of $430.69 million. During the same quarter in the prior year, the business posted $0.13 earnings per share. Mobileye Global’s revenue for the quarter was down 9.0% on a year-over-year basis. Analysts predict that Mobileye Global Inc. will post 0.01 earnings per share for the current year.
Mobileye Global Company Profile
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.
Further Reading
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