Mobileye Global Inc (MBLY) Stock Short-term Performance Analysis

A share price of Mobileye Global Inc [MBLY] is currently trading at $17.97, up 3.93%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MBLY shares have gain 19.88% over the last week, with a monthly amount glided 43.65%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, TD Cowen reaffirmed its Buy rating on November 01, 2024, and elevated its price target to $19. On October 15, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $11 on the stock. Mizuho downgraded its rating to a Neutral and decreased its price target to $13 on October 11, 2024. JP Morgan downgraded its rating to a Underweight and reduced its price target to $10 on October 07, 2024. UBS downgraded its rating to Neutral for this stock on October 04, 2024, and downed its price target to $14. In a note dated October 02, 2024, Exane BNP Paribas downgraded an Underperform rating on this stock but restated the target price of $12.

Mobileye Global Inc experienced fluctuations in its stock price throughout the past year between $10.48 and $44.48. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Mobileye Global Inc [NASDAQ: MBLY] shares were valued at $17.97 at the most recent close of the market. An investor can expect a potential return of 78.07% based on the average MBLY price forecast.

Analyzing the MBLY fundamentals

Trailing Twelve Months sales for Mobileye Global Inc [NASDAQ:MBLY] were 1.80B which represents -8.30% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -1.7%, Pretax Profit Margin comes in at -1.67%, and Net Profit Margin reading is -1.64%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.21 and Total Capital is -0.25.

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 17.41 points at the first support level, and at 16.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.34, and for the 2nd resistance point, it is at 18.70.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mobileye Global Inc [NASDAQ:MBLY] is 5.80. Further, the Quick Ratio stands at 4.54, while the Cash Ratio is 3.57. Considering the valuation of this stock, the price to sales ratio is 8.41, the price to book ratio is 1.21.

Transactions by insiders

Recent insider trading involved GELSINGER PATRICK P, Director, that happened on Nov 04 ’24 when 6750.0 shares were purchased. Director, GELSINGER PATRICK P completed a deal on Aug 05 ’24 to buy 6400.0 shares. Meanwhile, CEO and President Shashua Amnon bought 0.63 million shares on Aug 02 ’24.

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