Mobileye Global (MBLY) to Release Quarterly Earnings on Thursday

Mobileye Global (NASDAQ:MBLY - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $434.87 million for the quarter. Mobileye Global has set its FY 2025 guidance at EPS.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. Mobileye Global had a negative return on equity of 0.34% and a negative net margin of 186.82%. The firm had revenue of $438.00 million for the quarter, compared to the consensus estimate of $434.87 million. On average, analysts expect Mobileye Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mobileye Global Stock Up 4.4 %

MBLY traded up $0.64 during trading hours on Friday, reaching $15.14. 4,852,088 shares of the company's stock traded hands, compared to its average volume of 5,460,518. The firm has a 50-day moving average price of $14.58 and a 200 day moving average price of $15.91. Mobileye Global has a 52-week low of $10.48 and a 52-week high of $33.26. The firm has a market capitalization of $12.28 billion, a PE ratio of -3.96, a PEG ratio of 69.54 and a beta of 0.39.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on MBLY shares. Bank of America raised shares of Mobileye Global from an "underperform" rating to a "neutral" rating and raised their price target for the stock from $12.00 to $19.00 in a research note on Monday, February 10th. Needham & Company LLC reduced their target price on shares of Mobileye Global from $20.00 to $18.00 and set a "buy" rating on the stock in a research report on Thursday. JPMorgan Chase & Co. lowered their price target on Mobileye Global from $11.00 to $10.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. The Goldman Sachs Group reduced their price objective on Mobileye Global from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Finally, Barclays reiterated an "equal weight" rating and issued a $14.00 target price (down from $22.00) on shares of Mobileye Global in a report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $20.35.

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.