In last trading session, Mobileye Global Inc (NASDAQ:MBLY) saw 5.52 million shares changing hands with its beta currently measuring 0.08. Company’s recent per share price level of $12.88 trading at $0.75 or 6.14% at ring of the bell on the day assigns it a market valuation of $10.44B. That closing price of MBLY’s stock is at a discount of -245.34% from its 52-week high price of $44.48 and is indicating a premium of 18.63% from its 52-week low price of $10.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.09 million shares which gives us an average trading volume of 6.37 million if we extend that period to 3-months.
For Mobileye Global Inc (MBLY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 12 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.09 in the current quarter.
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Mobileye Global Inc (NASDAQ:MBLY) trade information
Upright in the green during last session for gaining 6.14%, in the last five days MBLY remained trading in the green while hitting it’s week-highest on Tuesday, 10/15/24 when the stock touched $12.88 price level, adding 3.81% to its value on the day. Mobileye Global Inc’s shares saw a change of -70.28% in year-to-date performance and have moved 4.76% in past 5-day. Mobileye Global Inc (NASDAQ:MBLY) showed a performance of 10.90% in past 30-days. Number of shares sold short was 16.2 million shares which calculate 2.11 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 33.5 to the stock, which implies a rise of 61.55% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 52. It follows that stock’s current price would jump 14.6% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.6% for stock’s current value.
Mobileye Global Inc (MBLY) estimates and forecasts
Statistics highlight that Mobileye Global Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -58.44% of value to its shares in past 6 months, showing an annual growth rate of -73.17% while that of industry is 7.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -21.00% from the last financial year’s standing.
22 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 469.59M for the same. And 19 analysts are in estimates of company making revenue of 491.13M in the next quarter. Company posted 530M and 637M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 46.60% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -71.38% while estimates for its earnings growth in next 5 years are of -3.60%.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
Insiders are in possession of 3.42% of company’s total shares while institution are holding 121.69 percent of that, with stock having share float percentage of 125.99%. Investors also watch the number of corporate investors in a company very closely, which is 121.69% institutions for Mobileye Global Inc that are currently holding shares of the company.
