Mobileye Global (NASDAQ:MBLY) Upgraded by Wolfe Research to Outperform Rating

Mobileye Global (NASDAQ:MBLYGet Free Report) was upgraded by equities researchers at Wolfe Research from a “peer perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, Marketbeat reports.

Other analysts have also recently issued reports about the stock. TD Cowen upped their price target on shares of Mobileye Global from $15.00 to $19.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $15.00 target price on shares of Mobileye Global in a research note on Tuesday, September 10th. Loop Capital initiated coverage on shares of Mobileye Global in a research note on Tuesday, November 12th. They set a “buy” rating and a $20.00 price objective on the stock. 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 report on Friday, November 1st. Finally, Mizuho increased their price objective on shares of Mobileye Global from $13.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, November 18th. Three analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $23.14.

Check Out Our Latest Stock Analysis on Mobileye Global

Mobileye Global Stock Performance

Shares of MBLY opened at $17.08 on Thursday. The stock has a fifty day moving average of $14.68 and a two-hundred day moving average of $18.77. The company has a market capitalization of $13.85 billion, a PE ratio of -4.68 and a beta of 0.44. Mobileye Global has a fifty-two week low of $10.48 and a fifty-two week high of $44.48.

Hedge Funds Weigh In On Mobileye Global

Hedge funds have recently bought and sold shares of the business. Rakuten Securities Inc. boosted its position in Mobileye Global by 140.2% during the 3rd quarter. Rakuten Securities Inc. now owns 1,818 shares of the company’s stock worth $25,000 after buying an additional 1,061 shares during the period. Guinness Atkinson Asset Management Inc grew its stake in shares of Mobileye Global by 16.9% in the 3rd quarter. Guinness Atkinson Asset Management Inc now owns 8,700 shares of the company’s stock worth $119,000 after acquiring an additional 1,257 shares in the last quarter. Levin Capital Strategies L.P. grew its stake in shares of Mobileye Global by 11.1% in the 2nd quarter. Levin Capital Strategies L.P. now owns 14,441 shares of the company’s stock worth $406,000 after acquiring an additional 1,441 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of Mobileye Global by 4.6% in the 3rd quarter. Tidal Investments LLC now owns 36,586 shares of the company’s stock worth $501,000 after buying an additional 1,617 shares during the last quarter. Finally, Blair William & Co. IL boosted its holdings in shares of Mobileye Global by 29.1% in the 2nd quarter. Blair William & Co. IL now owns 8,869 shares of the company’s stock worth $249,000 after buying an additional 1,999 shares during the last quarter. 13.25% of the stock is owned by institutional investors.

Mobileye Global Company Profile

(Get Free Report)

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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Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

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