Mobileye Global Inc (MBLY) stock: 12-month forecast projects 13.46% potential return%

Mobileye Global Inc [MBLY] stock prices are up 7.37% to $18.80 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MBLY shares have gain 7.37% over the last week, with a monthly amount glided 21.37%, and 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 December 05, 2024, when Wolfe Research upgraded its rating to a Outperform. On November 01, 2024, TD Cowen reiterated its Buy rating and revised its price target to $19 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $11 on October 15, 2024. Mizuho downgraded its rating to a Neutral and reduced its price target to $13 on October 11, 2024. JP Morgan downgraded its rating to Underweight for this stock on October 07, 2024, and downed its price target to $10. In a note dated October 04, 2024, UBS downgraded an Neutral rating on this stock and revised its target price from $20 to $14.

The stock price of Mobileye Global Inc [MBLY] has been fluctuating between $10.48 and $44.48 over the past year. Currently, Wall Street analysts expect the stock to reach $21.33 within the next 12 months. Mobileye Global Inc [NASDAQ: MBLY] shares were valued at $18.80 at the most recent close of the market. An investor can expect a potential return of 13.46% based on the average MBLY price forecast.

Analyzing the MBLY fundamentals

The Mobileye Global Inc [NASDAQ:MBLY] reported sales of 1.80B for trailing twelve months, representing a drop of -8.30%. 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 17.80 points at the first support level, and at 16.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.34, and for the 2nd resistance point, it is at 19.89.

Ratios To Look Out For

It’s worth pointing out that Mobileye Global Inc [NASDAQ:MBLY]’s Current Ratio is 5.80. Also, the Quick Ratio is 4.54, while the Cash Ratio stands at 3.57. Considering the valuation of this stock, the price to sales ratio is 8.37, the price to book ratio is 1.26.

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.

Related Posts