Mobileye Global (NASDAQ:MBLY) Given New $15.00 Price Target at Mizuho

Mobileye Global (NASDAQ:MBLY) had its price target increased by Mizuho from $13.00 to $15.00 in a report published on Monday,Benzinga reports. The firm currently has a neutral rating on the stock.

MBLY has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $15.00 target price on shares of Mobileye Global in a report on Tuesday, September 10th. Fox Advisors cut shares of Mobileye Global from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 1st. Needham & Company LLC dropped their price target on Mobileye Global from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Evercore ISI decreased their price objective on Mobileye Global from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. Finally, Wolfe Research cut Mobileye Global from an “outperform” rating to a “peer perform” rating in a research note on Thursday, September 5th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Mobileye Global has a consensus rating of “Hold” and a consensus target price of $23.14.

Mobileye Global Stock Performance

Shares of Mobileye Global stock opened at $16.82 on Monday. The company has a fifty day simple moving average of $13.37 and a 200-day simple moving average of $19.62. Mobileye Global has a 12-month low of $10.48 and a 12-month high of $44.48.

Institutional Trading of Mobileye Global

A number of institutional investors and hedge funds have recently bought and sold shares of MBLY. Rakuten Securities Inc. increased its position in shares of Mobileye Global by 140.2% in the third quarter. Rakuten Securities Inc. now owns 1,818 shares of the company’s stock worth $25,000 after acquiring an additional 1,061 shares in the last quarter. Quarry LP purchased a new position in Mobileye Global in the third quarter valued at about $31,000. Cranbrook Wealth Management LLC purchased a new stake in Mobileye Global during the 2nd quarter worth approximately $84,000. Natixis Investment Managers International acquired a new position in shares of Mobileye Global in the 1st quarter valued at approximately $99,000. Finally, Quest Partners LLC acquired a new position in shares of Mobileye Global in the 3rd quarter valued at approximately $102,000. Institutional investors and hedge funds own 13.25% of the company’s stock.

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.