Mobileye Global (NASDAQ:MBLY) Announces Earnings Results

Mobileye Global (NASDAQ:MBLY) released its earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.08), Zacks reports. Mobileye Global had a negative net margin of 164.13% and a positive return on equity of 0.63%. Mobileye Global updated its FY 2025 guidance to EPS.

Mobileye Global Trading Up 1.3 %

Shares of MBLY stock opened at $16.52 on Friday. The firm’s 50 day moving average is $17.77 and its 200-day moving average is $16.02. Mobileye Global has a 1 year low of $10.48 and a 1 year high of $34.00.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MBLY. Robert W. Baird upped their target price on Mobileye Global from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. TD Cowen raised their price objective on shares of Mobileye Global from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Barclays lifted their target price on shares of Mobileye Global from $18.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. restated an “underweight” rating and set a $10.00 price target (down previously from $16.00) on shares of Mobileye Global in a report on Monday, October 7th. Finally, Canaccord Genuity Group decreased their price objective on shares of Mobileye Global from $27.00 to $25.00 and set a “buy” rating for the company in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Mobileye Global presently has an average rating of “Hold” and a consensus target price of $23.05.

About Mobileye Global

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.