NASDAQ:MBLY

Mobileye Global (MBLY) Stock Price, News & Analysis

$30.03
-0.47 (-1.54%)
(As of 05/3/2024 ET)
Today's Range
$28.96
$30.92
50-Day Range
$24.38
$32.71
52-Week Range
$23.49
$47.41
Volume
2.15 million shs
Average Volume
2.77 million shs
Market Capitalization
$24.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$40.58

Mobileye Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.72 Rating Score
Upside/​Downside
35.1% Upside
$40.58 Price Target
Short Interest
Bearish
23.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Mobileye Global in the last 14 days
Based on 20 Articles This Week
Insider Trading
Acquiring Shares
$100,442 Bought Last Quarter
Proj. Earnings Growth
430.00%
From $0.10 to $0.53 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

181st out of 480 stocks

Prepackaged Software Industry

493rd out of 1,230 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

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Mobileye Global (NASDAQ:MBLY) Price Target Raised to $32.00
Mobileye Global (NASDAQ:MBLY) Price Target Raised to $37.00
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See More Headlines
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Company Calendar

Last Earnings
1/26/2023
Today
5/04/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$40.58
High Stock Price Target
$56.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+35.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.72
Research Coverage
18 Analysts

Profitability

Net Income
$-27,000,000.00
Pretax Margin
0.77%

Debt

Sales & Book Value

Annual Sales
$2.08 billion
Cash Flow
$1.21 per share
Book Value
$18.51 per share

Miscellaneous

Free Float
785,269,000
Market Cap
$24.21 billion
Optionable
Optionable
Beta
0.12
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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 a leader in developing and deploying advanced driver assistance systems (ADAS) and autonomous driving technologies, positioning itself in a growing industry focused on enhancing vehicle safety and autonomous driving capabilities.
  • The company has shown resilience and innovation in adapting to market demands, as evidenced by its diverse product offerings such as Driver Assist, Cloud-Enhanced Driver Assist, and Mobileye SuperVision, catering to different segments of the market.
  • Recent insider buying activity, such as Director Patrick P. Gelsinger purchasing shares, can signal confidence in the company's future prospects, potentially indicating positive developments ahead.
  • Mobileye Global Inc. has a strong revenue stream, with reported revenue of $637.00 million for a recent quarter, showcasing its ability to generate substantial income.
  • Despite fluctuations in stock price, Mobileye Global Inc. has a market cap of $22.87 billion, indicating a significant market presence and investor interest in the company.

Cons

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

  • The stock price of Mobileye Global Inc. has experienced fluctuations, with a 12-month low of $23.49 and a 12-month high of $47.41, indicating potential volatility that may pose risks to investors.
  • The company's PE ratio of -709.25 and P/E/G ratio of 13.00 may raise concerns among investors, as these metrics suggest a potentially overvalued stock or limited growth potential relative to its current valuation.
  • Mobileye Global Inc. had a negative net margin of 1.30%, which could indicate challenges in profitability and operational efficiency that may impact investor returns.
  • Analysts' expectations of Mobileye Global Inc. posting 0.13 earnings per share for the current year may signal lower-than-anticipated financial performance, potentially affecting investor confidence.
  • The company's beta of -0.32 suggests a negative correlation with the market, which could lead to increased sensitivity to market fluctuations and potentially higher investment risk.
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 Friday, April 12, 2024. Please send any questions or comments about these Mobileye Global pros and cons to contact@marketbeat.com.

MBLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Mobileye Global stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mobileye Global in the last year. There are currently 2 sell ratings, 1 hold rating and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MBLY shares.
View MBLY analyst ratings
or view top-rated stocks.

What is Mobileye Global's stock price target for 2024?

18 brokers have issued twelve-month price objectives for Mobileye Global's stock. Their MBLY share price targets range from $22.00 to $56.00. On average, they anticipate the company's share price to reach $40.58 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price.
View analysts price targets for MBLY
or view top-rated stocks among Wall Street analysts.

How have MBLY shares performed in 2024?

Mobileye Global's stock was trading at $43.32 at the beginning of 2024. Since then, MBLY shares have decreased by 30.7% and is now trading at $30.03.
View the best growth stocks for 2024 here
.

When is Mobileye Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our MBLY earnings forecast
.

How were Mobileye Global's earnings last quarter?

Mobileye Global Inc. (NASDAQ:MBLY) issued its quarterly earnings results on Thursday, January, 26th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.09. The business earned $565 million during the quarter, compared to analyst estimates of $535.30 million. Mobileye Global had a negative net margin of 8.92% and a positive trailing twelve-month return on equity of 1.75%. Mobileye Global's revenue for the quarter was up 58.7% on a year-over-year basis.

What guidance has Mobileye Global issued on next quarter's earnings?

Mobileye Global issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.8 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

When did Mobileye Global IPO?

Mobileye Global (MBLY) raised $779 million in an initial public offering (IPO) 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 stock is owned by many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (1.98%), DAVENPORT & Co LLC (0.29%), Peregrine Capital Management LLC (0.13%), Capstone Investment Advisors LLC (0.03%), Tobam (0.03%) and Arcadia Investment Management Corp MI (0.01%). Insiders that own company stock include Amnon Shashua, Claire C Mccaskill, Corp Intel, Patrick P Gelsinger and Safroadu Yeboah-Amankwah.
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 5/4/2024 by MarketBeat.com Staff

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