There is no shortage of investors who are bullish on Mobileye Global Inc (MBLY) stock

Mobileye Global Inc [MBLY] stock is trading at $15.89, up 5.93%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MBLY shares have lost -2.40% over the last week, with a monthly amount drifted -40.60%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Mobileye Global Inc [NASDAQ: MBLY] stock has seen the most recent analyst activity on August 05, 2024, when Exane BNP Paribas downgraded its rating to a Neutral but kept the price target unchanged to $17 for it. Previously, Daiwa Securities downgraded its rating to Neutral on August 05, 2024. On August 02, 2024, upgrade upgraded it’s rating to Equal-Weight and revised its price target to $18 on the stock. Fox Advisors downgraded its rating to a Equal Weight. JP Morgan downgraded its rating to a Neutral and reduced its price target to $24 on July 31, 2024. TD Cowen reiterated a Buy rating for this stock on April 26, 2024, and upped its price target to $37. In a note dated April 26, 2024, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $26 to $25.

Mobileye Global Inc [MBLY] stock has fluctuated between $14.33 and $44.48 over the past year. Currently, Wall Street analysts expect the stock to reach $39.67 within the next 12 months. Mobileye Global Inc [NASDAQ: MBLY] shares were valued at $15.89 at the most recent close of the market. An investor can expect a potential return of 149.65% based on the average MBLY price forecast.

Analyzing the MBLY fundamentals

Mobileye Global Inc [NASDAQ:MBLY] reported sales of 1.84B for the trailing twelve months, which represents a drop of -3.30%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.02.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.25 points at the first support level, and at 14.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.24, and for the 2nd resistance point, it is at 16.59.

Ratios To Look Out For

For context, Mobileye Global Inc’s Current Ratio is 5.80. In addition, the Quick Ratio stands at 4.40 and the Cash Ratio stands at 3.48. Considering the valuation of this stock, the price to sales ratio is 6.95, the price to book ratio is 0.87.

Transactions by insiders

Recent insider trading involved GELSINGER PATRICK P, Director, that happened on Aug 05 ’24 when 6400.0 shares were purchased. CEO and President, Shashua Amnon completed a deal on Aug 02 ’24 to buy 0.63 million shares. Meanwhile, Director GELSINGER PATRICK P bought 1611.0 shares on May 01 ’24.

Related Posts