Mobileye Global (NASDAQ:MBLY) Announces Quarterly Earnings Results

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

Mobileye Global Price Performance

Mobileye Global stock opened at $16.52 on Friday. The company’s 50-day moving average price is $17.77 and its two-hundred day moving average price is $16.02. Mobileye Global has a twelve month low of $10.48 and a twelve month high of $34.00.

Wall Street Analyst Weigh In

Several research firms have weighed in on MBLY. Mizuho reduced their target price on Mobileye Global from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday. Oppenheimer initiated coverage on Mobileye Global in a research report on Wednesday, January 15th. They issued an “outperform” rating and a $28.00 price objective for the company. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Mobileye Global in a report on Friday. UBS Group upped their price target on shares of Mobileye Global from $14.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, January 16th. Finally, TD Cowen boosted 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. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.