Mobileye Global (MBLY) Projected to Post Quarterly Earnings on Thursday

Mobileye Global (NASDAQ:MBLY) is anticipated to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.11 per share and revenue of $485,170.77 billion for the quarter.

Mobileye Global Stock Performance

MBLY stock opened at $16.73 on Thursday. The company’s 50-day simple moving average is $17.81 and its 200 day simple moving average is $16.85. Mobileye Global has a 52 week low of $10.48 and a 52 week high of $34.00. The company has a market capitalization of $13.57 billion, a PE ratio of -4.58 and a beta of 0.30.

Analyst Ratings Changes

MBLY has been the subject of several analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and set a $10.00 price target (down previously from $16.00) on shares of Mobileye Global in a report on Monday, October 7th. TD Cowen raised their price objective on Mobileye Global from $15.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, November 1st. UBS Group cut Mobileye Global from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $20.00 to $14.00 in a research note on Friday, October 4th. Evercore ISI lowered their target price on Mobileye Global from $35.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, October 14th. Finally, The Goldman Sachs Group lowered their price objective on Mobileye Global from $24.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy 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 $23.45.

About Mobileye Global

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.