In the last trading session, 0.67 million shares of the Mobileye Global Inc (NASDAQ:MBLY) were traded, and its beta was 0.33. Most recently the company’s share price was $13.78, and it changed around -$0.67 or -4.60% from the last close, which brings the market valuation of the company to $11.19B. MBLY currently trades at a discount to its 52-week high of $34.00, offering almost -146.73% off that amount. The share price’s 52-week low was $10.48, which indicates that the current value has risen by an impressive 23.95% since then.
Mobileye Global Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.26. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 10 recommended MBLY as a Hold, whereas 12 deemed it a Buy, and 2 rated it as Underweight. Mobileye Global Inc is expected to report earnings per share of 0.07 for the current quarter.
Mobileye Global Inc (NASDAQ:MBLY) trade information
Instantly MBLY has showed a red trend with a performance of -4.60% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.11 on recent trading dayincreased the stock’s daily price by 19.46%. The company’s shares are currently down -30.80% year-to-date, but still down -14.27% over the last five days. On the other hand, Mobileye Global Inc (NASDAQ:MBLY) is -16.58% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $19.5, which translates to bulls needing to increase their stock price by 29.33% from its current value. Analyst projections state that MBLY is forecast to be at a low of $11 and a high of $30.
Mobileye Global Inc (MBLY) estimates and forecasts
The year-over-year growth rate is expected to be 6.27%, up from the previous year.
Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 434.63M in revenue for the current quarter. 15 analysts expect Mobileye Global Inc to make 432.31M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 239M and 439M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 81.85%. Forecasts for the next quarter put sales growth at -1.52%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -56.11%. Mobileye Global Inc earnings are expected to increase by 16.77% in 2025, but the outlook is positive 44.52% per year for the next five years.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
PLATINUM INVESTMENT MANAGEMENT LTD, with 0.156% or 1.26 million shares worth $35.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard International Growth Fund and John Hancock Var Ins Tr-Fundamental All Cap Core Tr were the top two Mutual Funds as of Nov 30, 2024. The former held 5.23 shares worth $71.56 million, making up 5.22% of all outstanding shares. On the other hand, John Hancock Var Ins Tr-Fundamental All Cap Core Tr held roughly 2.2 shares worth around $30.09 million, which represents about 2.19% of the total shares outstanding.
