Mobileye Global Inc. Class A Common Stock [NASDAQ: MBLY] loss -0.50% on the last trading session, reaching $33.95 price per share at the time. The company report on January 12, 2023 that Mobileye Announces Timing of its Fourth Quarter and Full Year 2022 Results.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the fourth quarter and full year 2022 on Thursday, January 26, 2023, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Anat Heller, CFO, and Dan Galves, CCO.
The conference call will be accessible live via a webcast on Mobileye’s investor relations site, which can be found at ir.mobileye.com, and a replay of the webcast will be made available shortly after the event’s conclusion.
Mobileye Global Inc. Class A Common Stock represents 795.76 million in outstanding shares, while the company has a total market value of $25.89 billion with the latest information. MBLY stock price has been found in the range of $32.7001 to $34.09.
If compared to the average trading volume of 2.51M shares, MBLY reached a trading volume of 2740817 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Mobileye Global Inc. Class A Common Stock [MBLY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MBLY shares is $43.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MBLY stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Mobileye Global Inc. Class A Common Stock shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 25, 2023. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Buy. The new note on the price target was released on January 18, 2023, representing the official price target for Mobileye Global Inc. Class A Common Stock stock. Previously, the target price had yet another raise to $50, while JP Morgan analysts kept a Overweight rating on MBLY stock.
The Average True Range (ATR) for Mobileye Global Inc. Class A Common Stock is set at 2.36, with the Price to Sales ratio for MBLY stock in the period of the last 12 months amounting to 15.60. The Price to Book ratio for the last quarter was 2.42, with the Price to Cash per share for the same quarter was set at 1.14.
Trading performance analysis for MBLY stock
Mobileye Global Inc. Class A Common Stock [MBLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.40.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MBLY stock in for the last two-week period is set at 52.87, with the RSI for the last a single of trading hit 52.79, and the three-weeks RSI is set at 53.07 for Mobileye Global Inc. Class A Common Stock [MBLY]. The present Moving Average for the last 50 days of trading for this stock 32.10, while it was recorded at 34.07 for the last single week of trading.
Mobileye Global Inc. Class A Common Stock [MBLY]: A deeper dive into fundamental analysis
Mobileye Global Inc. Class A Common Stock’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.50.
Mobileye Global Inc. Class A Common Stock [MBLY]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MBLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mobileye Global Inc. Class A Common Stock go to 12.19%.
An analysis of insider ownership at Mobileye Global Inc. Class A Common Stock [MBLY]
There are presently around $234 million, or 37.92% of MBLY stock, in the hands of institutional investors. The top three institutional holders of MBLY stocks are: BAILLIE GIFFORD & CO with ownership of 6,182,361, which is approximately New of the company’s market cap and around 1.50% of the total institutional ownership; DAVENPORT & CO LLC, holding 567,290 shares of the stock with an approximate value of $19.26 million in MBLY stocks shares; and STEPHENS INC /AR/, currently with $2.88 million in MBLY stock with ownership of nearly New of the company’s market capitalization.
12 institutional holders increased their position in Mobileye Global Inc. Class A Common Stock [NASDAQ:MBLY] by around 6,906,068 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 6,906,068 shares, according to the latest SEC report filing. MBLY stock had 12 new institutional investments in for a total of 6,906,068 shares, while 0 institutional investors sold positions of 0 shares during the same period.