In the last trading session, 4.16 million shares of the Mobileye Global Inc (NASDAQ:MBLY) were traded, and its beta was 0.46. Most recently the company’s share price was $12.94, and it changed around -$0.01 or -0.12% from the last close, which brings the market valuation of the company to $10.50B. MBLY currently trades at a discount to its 52-week high of $33.26, offering almost -157.03% off that amount. The share price’s 52-week low was $10.48, which indicates that the current value has risen by an impressive 19.01% since then. We note from Mobileye Global Inc’s average daily trading volume that its 10-day average is 5.24 million shares, with the 3-month average coming to 4.90 million.
Mobileye Global Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.29. 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 (NASDAQ:MBLY) trade information
Instantly MBLY has showed a red trend with a performance of -0.12% 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 15.33 on recent trading dayincreased the stock’s daily price by 15.59%. The company’s shares are currently down -35.07% year-to-date, but still down -5.20% over the last five days. On the other hand, Mobileye Global Inc (NASDAQ:MBLY) is -13.59% down in the 30-day period. We can see from the shorts that 26.66 million shares have been sold at a short interest cover period of 7.12 day(s).
The consensus price target as assigned by Wall Street analysts is $18.5, which translates to bulls needing to increase their stock price by 30.05% from its current value. Analyst projections state that MBLY is forecast to be at a low of $15 and a high of $23.
Mobileye Global Inc (MBLY) estimates and forecasts
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 14.42% in 2025, but the outlook is positive 39.04% per year for the next five years.
MBLY Dividends
Mobileye Global Inc’s next quarterly earnings report is expected to be released on 2025-Jan-29.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.65% of Mobileye Global Inc shares, and 112.94% of them are in the hands of institutional investors. The stock currently has a share float of 117.22%. Mobileye Global Inc stock is held by 353.0 institutions, with BAILLIE GIFFORD & CO being the largest institutional investor. By 2024-06-30, it held 1.9602% of the shares, which is about 15.8 million shares worth $443.71 million.
NORGES BANK, with 1.1485% or 9.26 million shares worth $259.99 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
