Mobileye Global (MBLY) Projected to Post Earnings on Thursday
by Mitch Edgeman · The Markets DailyMobileye Global (NASDAQ:MBLY – Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.11 per share and revenue of $485,170.77 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Mobileye Global Stock Up 4.1 %
MBLY opened at $16.67 on Wednesday. Mobileye Global has a 12 month low of $10.48 and a 12 month high of $34.00. The company has a fifty day simple moving average of $17.80 and a 200 day simple moving average of $16.45. The stock has a market cap of $13.52 billion, a P/E ratio of -4.57, a P/E/G ratio of 11.15 and a beta of 0.30.
Analyst Upgrades and Downgrades
MBLY has been the subject of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $20.00 price objective on shares of Mobileye Global in a research report on Wednesday, December 11th. Royal Bank of Canada restated a “sector perform” rating and issued a $11.00 price objective on shares of Mobileye Global in a research report on Thursday, December 5th. Robert W. Baird upped their target price on shares of Mobileye Global from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Evercore ISI reduced their target price on shares of Mobileye Global from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Monday, October 14th. Finally, Barclays reduced their target price on shares of Mobileye Global from $19.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $23.81.
Check Out Our Latest Research Report on Mobileye Global
Mobileye Global Company Profile
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.
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