In the last trading session, 2.14 million Mobileye Global Inc (NASDAQ:MBLY) shares changed hands as the company’s beta touched 0.34. With the company’s per share price at $14.92 changed hands at -$0.18 or -1.19% during last session, the market valuation stood at $12.11B. MBLY’s last price was a discount, traded about -122.92% off its 52-week high of $33.26. The share price had its 52-week low at $10.48, which suggests the last value was 29.76% up since then. When we look at Mobileye Global Inc’s average trading volume, we note the 10-day average is 3.68 million shares, with the 3-month average coming to 4.59 million.
Analysts gave the Mobileye Global Inc (MBLY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.18. If we narrow down to specifics, the data shows that 1 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MBLY as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. Mobileye Global Inc’s EPS for the current quarter is expected to be 0.09.
Mobileye Global Inc (NASDAQ:MBLY) trade information
Instantly MBLY was in red as seen at the end of in last trading. With action 23.82%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -25.10%, with the 5-day performance at 23.82% in the green. However, in the 30-day time frame, Mobileye Global Inc (NASDAQ:MBLY) is -1.26% down. Looking at the short shares, we see there were 22.26 million shares sold at short interest cover period of 5.0 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17, meaning bulls need an upside of 12.24% from its current market value. According to analyst projections, MBLY’s forecast low is 14 with 23 as the target high. To hit the forecast high, the stock’s price needs a -54.16% plunge from its current level, while the stock would need to tank 6.17% for it to hit the projected low.
Mobileye Global Inc (MBLY) estimates and forecasts
Year-over-year growth is forecast to reach 5.63% up from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 462.75M. 19 analysts are of the opinion that Mobileye Global Inc’s revenue for the current quarter will be 422.32M. The company’s revenue for the corresponding quarters a year ago was 439M and 486M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.41%. The estimates for the next quarter sales put growth at -13.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -56.11%. The 2025 estimates are for Mobileye Global Inc earnings to increase by 14.13%, but the outlook for the next 5-year period is at 37.31% per year.
MBLY Dividends
Mobileye Global Inc is expected to release its next quarterly earnings report on 2025-Apr-23.
Mobileye Global Inc (NASDAQ:MBLY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.64% of Mobileye Global Inc shares while 111.97% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 116.20%. There are 111.97% institutions holding the Mobileye Global Inc stock share, with BAILLIE GIFFORD & CO the top institutional holder. As of 2024-06-30, the company held 1.9602% of the shares, roughly 15.8 million MBLY shares worth $443.71 million.
NORGES BANK holds the second largest percentage of outstanding shares, with 1.1485% or 9.26 million shares worth $259.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were VANGUARD WORLD FUND-Vanguard International Growth Fund and John Hancock Variable Insurance Trust-Fundamental All Cap Core Trust . With 5.23 shares estimated at $77.99 million under it, the former controlled 5.22% of total outstanding shares. On the other hand, John Hancock Variable Insurance Trust-Fundamental All Cap Core Trust held about 2.19% of the shares, roughly 2.2 shares worth around $32.79 million.