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Mobileye Global (MBLY) Stock Price, News & Analysis

$11.55
-1.07 (-8.48%)
(As of 09/6/2024 ET)
Today's Range
$11.45
$12.18
50-Day Range
$11.55
$27.89
52-Week Range
$11.45
$44.48
Volume
10.42 million shs
Average Volume
4.45 million shs
Market Capitalization
$9.35 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$31.60

Mobileye Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
173.6% Upside
$31.60 Price Target
Short Interest
Healthy
14.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.22mentions of Mobileye Global in the last 14 days
Based on 20 Articles This Week
Insider Trading
Acquiring Shares
$10.53 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.07) to $0.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

Auto/Tires/Trucks Sector

29th out of 80 stocks

Prepackaged Software Industry

73rd out of 202 stocks

MBLY stock logo

About Mobileye Global Stock (NASDAQ:MBLY)

Mobileye Global Inc. is a prominent company operating in the field of advanced driver assistance systems (ADAS) and autonomous driving technologies. With a mission to revolutionize transportation, Mobileye focuses on enhancing road safety and improving the overall driving experience through innovative solutions.

Mobileye specializes in developing cutting-edge ADAS and autonomous vehicle technologies that utilize real-time detection of road users, geometry, semantics, and markings. By leveraging this data, Mobileye's systems provide safety alerts and emergency interventions, helping drivers stay informed and protected on the road. The company offers a comprehensive range of products and services that cater to various vehicles, from individual consumer cars to commercial fleets.

The company primarily targets the automotive industry, collaborating with leading automakers to integrate its technology into their vehicles. Mobileye's solutions address the growing demand for road safety and the increasing interest in advanced driver assistance and autonomous driving capabilities.

Mobileye serves a diverse range of customers, including automotive manufacturers and end-users. Automotive manufacturers integrate Mobileye's technology into their vehicles to enhance safety features and provide an advanced driving experience. End-users, such as individual car owners and commercial fleet operators, benefit from Mobileye's products by gaining access to state-of-the-art driver assistance and autonomous driving technologies.

Mobileye Global Inc. is guided by a talented and experienced management team that plays a crucial role in the company's success. Professor Amnon Shashua, the Co-Founder, Chief Executive Officer, and President of Mobileye, is a visionary leader with a strong background in computer vision, artificial intelligence, and autonomous technologies. His expertise has driven Mobileye's growth and fostered innovation within the company. Leading Mobileye's technological advancements is Professor Shai Shalev-Shwartz, the Chief Technology Officer. With his extensive knowledge of machine learning and computer vision, Professor Shalev-Shwartz spearheads the development of cutting-edge technologies that underpin Mobileye's innovative solutions. 

When analyzing Mobileye's financial performance, it is crucial to consider the company's overall growth trajectory, profitability, and operational efficiency. Over the past few years, Mobileye has exhibited strong revenue growth, reflecting the increasing demand for its advanced driver assistance systems (ADAS) and autonomous technologies in the automotive market. This growth underscores Mobileye's ability to capture a significant market share and indicates positive prospects for future revenue generation.

Although the net income may have experienced fluctuations, analyzing long-term trends and comparing Mobileye's performance to industry benchmarks provides a more comprehensive understanding of its profitability. Moreover, its profit margin metrics show Mobileye's ability to manage costs and maximize operational efficiency. Despite operating in a dynamic and competitive industry, Mobileye has shown positive growth in profit margins. This indicates the company's effective strategies in controlling expenses and optimizing profitability, ensuring long-term sustainability and success.

Mobileye's financial performance demonstrates its ability to drive revenue growth, effectively manage costs and achieve favorable profit margins. As the demand for ADAS and autonomous technologies continues to rise, Mobileye is well-positioned to leverage its expertise and innovative solutions to capitalize on market opportunities, fueling its long-term growth and success in the industry.

Mobileye's valuation metrics are favorable when compared to industry peers. The company's strong market presence, innovative technology portfolio, and growth potential contribute to positive investor sentiment. Factors such as the expansion of ADAS and autonomous driving markets, coupled with increasing demand for road safety solutions, are driving Mobileye's valuation.

Mobileye operates in a dynamic, rapidly evolving industry focused on ADAS and autonomous driving. The broader industry presents significant growth opportunities as automotive manufacturers increasingly integrate advanced technologies into their vehicles. Mobileye holds a competitive advantage through its comprehensive range of ADAS and autonomous solutions, strong partnerships with automakers, and a reputation for technological innovation.

Mobileye has several potential growth opportunities. The company can capitalize on the increasing demand for road safety solutions and autonomous driving technologies. With its advanced technology platform, extensive data collection capabilities, and computer vision and artificial intelligence expertise, Mobileye is well-positioned to pursue new market segments, expand its customer base, and foster long-term growth.

Mobileye faces risks and challenges inherent to its industry. These may include market competition, regulatory changes, and potential cybersecurity threats. However, Mobileye's focus on innovation, continuous product improvements, and proactive risk management strategies help mitigate these challenges and position the company for sustained growth.

MBLY Stock Price History

MBLY Stock News Headlines

Financial markets news icon
MarketBeat Week in Review – 8/26 - 8/30
The major indexes moved between gains and losses to end the month, but the volatility may ramp back up with the release of the jobs report next Friday
Financial markets news icon
MarketBeat Week in Review – 8/26 - 8/30 (MBLY)
The major indexes moved between gains and losses to end the month, but the volatility may ramp back up with the release of the jobs report next Friday
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Driver using touchscreen Mobileye in car
Mobileye Global: CEO Makes $10 Million Bet on Future Strength
Mobileye Global Inc. (NASDAQ: MBLY) is a leading developer of advanced driver assistance systems (ADAS) vehicle solutions.
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Mobileye stock falls amid Intel sale talk
Mobileye Global (NASDAQ:MBLY) Downgraded to Peer Perform at Wolfe Research
Intel Is Exploring Sale of Part of Stake in Mobileye
MBLY Jan 2026 50.000 call
Mobileye Global (NASDAQ:MBLY) Shares Up 3.2%
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:MBLY
Fax
N/A
Employees
3,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.60
High Stock Price Target
$56.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+173.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
25 Analysts

Profitability

Net Income
$-27,000,000.00
Pretax Margin
-10.57%

Debt

Sales & Book Value

Annual Sales
$1.85 billion
Cash Flow
$0.94 per share
Book Value
$18.19 per share

Miscellaneous

Free Float
791,719,000
Market Cap
$9.35 billion
Optionable
Optionable
Beta
0.08
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Key Executives

  • Prof. Amnon Shashua (Age 64)
    Co-Founder, CEO, President & Director
    Comp: $895.69k
  • Mr. Kobi Ohayon
    Chief Operations Officer
  • Ms. Liz Cohen-Yerushalmi
    Chief Legal Officer, General Counsel & Secretary
  • Mr. Daniel V. Galves (Age 53)
    Chief Communications Officer
  • Ms. Diane Be'ery
    Vice President of Marketing
  • Ms. Liron Dahan
    Vice President of Human Resources
  • Mr. Lior Sethon
    Senior Vice President of Intelligent Mobility Solutions Division
  • Mr. Nir Erez
    Executive Vice President
  • Mr. Johann Jungwirth (Age 51)
    Senior Vice President of Autonomous Vehicles
  • Mr. Elchanan Rushinek (Age 69)
    Executive Vice President of Engineering

Should I Buy Mobileye Global Stock? MBLY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Mobileye Global Inc.:

  • Mobileye Global Inc. is developing and deploying advanced driver assistance systems (ADAS) and autonomous driving technologies, which are in high demand due to the increasing focus on autonomous vehicles in the automotive industry.
  • The company has received positive ratings and price target upgrades from analysts, indicating confidence in its growth potential and future performance.
  • Institutional investors, such as Vanguard Group Inc. and DekaBank Deutsche Girozentrale, have been increasing their stakes in Mobileye Global, signaling strong confidence in the company's long-term prospects.
  • Recent price target adjustments by analysts, such as Canaccord Genuity Group boosting their target price on the stock, suggest a positive outlook for Mobileye Global's stock performance.
  • Mobileye Global's focus on innovative technologies and solutions in the autonomous driving sector positions it well for potential growth opportunities in the future.

Cons

Investors should be bearish about investing in Mobileye Global Inc. for these reasons:

  • Despite some positive ratings, there have been downgrades and target price reductions by analysts, such as Daiwa Capital Markets downgrading the stock from a "buy" to a "neutral" rating, which may indicate concerns about future performance.
  • The stock price of Mobileye Global has experienced fluctuations and adjustments in price targets, which could lead to uncertainty and volatility in the stock's performance.
  • While institutional investors have increased their stakes in the company, there is still a significant percentage of the stock owned by hedge funds and other institutional investors, which could impact the stock's stability and price movements.
  • Competition in the autonomous driving technology sector is intensifying, with other companies also investing heavily in similar technologies, potentially leading to market saturation and pricing pressures for Mobileye Global.
  • Analysts have issued a mix of ratings, including sell ratings, which may reflect differing opinions on the company's future prospects and could create uncertainty among investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 21, 2024. Please send any questions or comments about these Mobileye Global pros and cons to contact@marketbeat.com.

MBLY Stock Analysis - Frequently Asked Questions

How have MBLY shares performed this year?

Mobileye Global's stock was trading at $43.32 at the start of the year. Since then, MBLY stock has decreased by 73.3% and is now trading at $11.55.
View the best growth stocks for 2024 here
.

How were Mobileye Global's earnings last quarter?

Mobileye Global Inc. (NASDAQ:MBLY) posted its quarterly earnings results on Thursday, August, 1st. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. Mobileye Global's revenue for the quarter was down 3.3% compared to the same quarter last year.

When did Mobileye Global IPO?

Mobileye Global (MBLY) raised $779 million in an initial public offering on Wednesday, October 26th 2022. The company issued 41,000,000 shares at $18.00-$20.00 per share.

Who are Mobileye Global's major shareholders?

Mobileye Global's top institutional investors include Baillie Gifford & Co. (1.96%), The Manufacturers Life Insurance Company (1.13%), Thrivent Financial for Lutherans (0.57%) and Millennium Management LLC (0.35%). Insiders that own company stock include Amnon Shashua, Patrick P Gelsinger, Safroadu Yeboah-Amankwah, Claire C Mccaskill and Corp Intel.
View institutional ownership trends
.

How do I buy shares of Mobileye Global?

Shares of MBLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MBLY) was last updated on 9/7/2024 by MarketBeat.com Staff

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