Mobileye Global Inc. (NASDAQ:MBLY) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Consensus "Hold": Twenty-three analysts cover Mobileye, with a mix of 2 sells, 11 holds, 9 buys and 1 strong buy, and an average 1‑year price target of $15.89.
• Recent quarter: Mobileye reported $0.06 EPS (in line with estimates) and $446M revenue (beat estimates) but revenue was down 9% year‑over‑year and the company remains unprofitable with a -20.7% net margin.
• Market snapshot: MBLY opened at about $8.28 with a market cap of $6.97B (52‑week range $8.00–$20.18) and institutional investors hold roughly 13.25% of the shares.

Mobileye Global Inc. (NASDAQ:MBLY - Get Free Report) has earned a consensus rating of "Hold" from the twenty-three analysts that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $15.8850.

A number of analysts have commented on MBLY shares. Wells Fargo & Company cut their price target on shares of Mobileye Global from $24.00 to $18.00 and set an "overweight" rating for the company in a research note on Friday, January 23rd. Arete Research cut shares of Mobileye Global from a "buy" rating to a "neutral" rating and set a $15.70 target price on the stock. in a report on Tuesday, January 27th. Evercore dropped their price objective on Mobileye Global from $25.00 to $20.00 and set an "outperform" rating on the stock in a research note on Monday, November 24th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Mobileye Global in a research report on Wednesday, January 28th. Finally, Canaccord Genuity Group reduced their price objective on shares of Mobileye Global from $30.00 to $24.00 and set a "buy" rating for the company in a research report on Friday, January 23rd.

Hedge Funds Weigh In On Mobileye Global

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in Mobileye Global by 465.7% in the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company's stock valued at $26,000 after purchasing an additional 1,495 shares during the period. Rhumbline Advisers acquired a new stake in shares of Mobileye Global during the first quarter worth $27,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Mobileye Global in the second quarter valued at about $31,000. Financial Management Professionals Inc. acquired a new position in shares of Mobileye Global in the fourth quarter valued at about $32,000. Finally, Leonteq Securities AG acquired a new position in shares of Mobileye Global in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 13.25% of the company's stock.

Mobileye Global Stock Up 1.5%

MBLY stock opened at $8.28 on Thursday. The company has a market cap of $6.97 billion, a price-to-earnings ratio of -16.90 and a beta of 0.59. Mobileye Global has a twelve month low of $8.00 and a twelve month high of $20.18. The business has a 50 day moving average price of $9.84 and a two-hundred day moving average price of $11.98.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The company had revenue of $446.00 million for the quarter, compared to analysts' expectations of $430.69 million. During the same quarter in the prior year, the business posted $0.13 EPS. The business's revenue was down 9.0% compared to the same quarter last year. On average, equities research analysts anticipate that Mobileye Global will post 0.01 EPS for the current fiscal year.

About Mobileye Global

Mobileye Global Inc NASDAQ: MBLY is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye's core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.

Founded in 1999 by Prof.

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