Mobileye Global Inc. (NASDAQ:MBLY) Given Average Rating of "Hold" by Brokerages

Mobileye Global Inc. (NASDAQ:MBLY - Get Free Report) has been given a consensus rating of "Hold" by the twenty-five ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $18.63.

A number of research analysts have recently weighed in on MBLY shares. UBS Group dropped their price objective on shares of Mobileye Global from $17.00 to $14.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. The Goldman Sachs Group cut their price target on shares of Mobileye Global from $20.00 to $17.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Robert W. Baird boosted their target price on Mobileye Global from $17.00 to $18.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. Bank of America raised Mobileye Global from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $12.00 to $19.00 in a research report on Monday, February 10th. Finally, TD Cowen upped their target price on shares of Mobileye Global from $15.00 to $18.00 and gave the company a "buy" rating in a research note on Friday, April 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MBLY. Parkside Financial Bank & Trust boosted its stake in Mobileye Global by 147.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,237 shares of the company's stock valued at $25,000 after purchasing an additional 737 shares during the period. FNY Investment Advisers LLC bought a new position in Mobileye Global during the fourth quarter worth $30,000. Global Retirement Partners LLC boosted its holdings in Mobileye Global by 136.9% in 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. Rhumbline Advisers acquired a new stake in Mobileye Global in the 1st quarter worth $27,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Mobileye Global during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 13.25% of the company's stock.

Mobileye Global Price Performance

Shares of MBLY traded up $0.62 during midday trading on Friday, reaching $16.30. 4,556,069 shares of the stock were exchanged, compared to its average volume of 5,463,899. The company has a market capitalization of $13.24 billion, a price-to-earnings ratio of -4.27, a PEG ratio of 69.54 and a beta of 0.38. The business's 50-day moving average price is $14.32 and its 200 day moving average price is $16.07. Mobileye Global has a twelve month low of $10.48 and a twelve month high of $33.26.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.08 earnings per share for the quarter, meeting analysts' consensus estimates of $0.08. Mobileye Global had a negative net margin of 186.82% and a negative return on equity of 0.34%. The firm had revenue of $438.00 million for the quarter, compared to analyst estimates of $434.87 million. During the same period last year, the firm posted ($0.07) EPS. Mobileye Global's quarterly revenue was up 83.3% on a year-over-year basis. As a group, equities research analysts expect that Mobileye Global will post 0.01 earnings per share for the current fiscal year.

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.