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

Mobileye Global Inc. (NASDAQ:MBLY) has earned an average recommendation of “Hold” from the twenty-six research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, twelve have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $22.95.

A number of brokerages have commented on MBLY. Oppenheimer initiated coverage on Mobileye Global in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $28.00 target price for the company. The Goldman Sachs Group boosted their price objective on Mobileye Global from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, February 24th. Bank of America upgraded Mobileye Global from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $12.00 to $19.00 in a research report on Monday, February 10th. Mizuho reduced their price objective on Mobileye Global from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Wolfe Research upgraded Mobileye Global from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 5th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Parkside Financial Bank & Trust increased its holdings in shares of Mobileye Global by 147.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,237 shares of the company’s stock valued at $25,000 after buying an additional 737 shares in the last quarter. Versant Capital Management Inc raised its stake in Mobileye Global by 580.0% during the 4th quarter. Versant Capital Management Inc now owns 1,326 shares of the company’s stock valued at $26,000 after purchasing an additional 1,131 shares during the period. FNY Investment Advisers LLC acquired a new stake in Mobileye Global during the 4th quarter valued at $30,000. Quarry LP acquired a new stake in Mobileye Global during the 3rd quarter valued at $31,000. Finally, Global Retirement Partners LLC raised its stake in Mobileye Global by 136.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,613 shares of the company’s stock valued at $32,000 after purchasing an additional 932 shares during the period. Institutional investors own 13.25% of the company’s stock.

Mobileye Global Stock Up 0.7 %

Shares of MBLY stock opened at $14.54 on Thursday. The business has a 50 day moving average of $16.18 and a two-hundred day moving average of $15.62. Mobileye Global has a 52 week low of $10.48 and a 52 week high of $34.00. The company has a market cap of $11.79 billion, a P/E ratio of -3.81, a PEG ratio of 69.54 and a beta of 0.29.

Mobileye Global (NASDAQ:MBLY) last issued its earnings results on Thursday, January 30th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.08). Mobileye Global had a negative net margin of 186.82% and a negative return on equity of 0.34%. Analysts expect that Mobileye Global will post 0.01 EPS for the current fiscal year.

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.