Oppenheimer initiated coverage of Mobileye with an Outperform rating and $28 price target. As the light duty vehicle industry keeps migrating toward lower emissions, the firm believes that incremental levels of autonomous capability will be a "key battleground for individual vehicle sales" and believes Mobileye will be "the key enabler" of most legacy automakers delivering autonomous functionality, the analyst tells investors.
Mobileye Global (MBLY) shares lost more than a quarter of their value this week as investors were left unimpressed by the autonomous driving company's presentation at the CES consumer electronics trade show.
Mobileye Global Inc.'s stock slumped post-CES due to perceived lagging in autonomous driving. The ADAS company failed to deliver major advancements or new commercial agreements at CES. MBLY stock's valuation is stretched trading at ~6.5x 2025 sales targets with a better risk/reward scenario at yearly lows around $12.
Mobileye CEO Amnon Shashua sees a positive outlook for policy on autonomous driving under a second Donald Trump administration. He joins Ed Ludlow on "Bloomberg Technology" to discuss.
Autonomous driving is improving rapidly and one company could supply chips and software for tens of millions of vehicles around the world. That company is Mobileye (MBLY -10.51%) and Travis Hoium gives an overview of the company's potential in the video below.
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Continental AG (CTTAY) or Mobileye Global (MBLY). But which of these two stocks is more attractive to value investors?
Investors interested in Automotive - Original Equipment stocks are likely familiar with Continental AG (CTTAY) and Mobileye Global (MBLY). But which of these two companies is the best option for those looking for undervalued stocks?
NEW YORK CITY, NY / ACCESSWIRE / December 12, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.
NEW YORK CITY, NY / ACCESSWIRE / December 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.
NEW YORK CITY, NY / ACCESSWIRE / December 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.
Amnon Shashua, Mobileye CEO, joins 'Closing Bell Overtime' to talk its investor day, growth drivers, and more.
NEW YORK CITY, NY / ACCESSWIRE / December 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.