Wolfe Research lifts Mobileye Global Inc [MBLY] price estimate. Who else is bullish?

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Mobileye Global Inc [NASDAQ: MBLY] plunged by -$1.0 during the normal trading session on while it closed the day at $12.62.

Mobileye Global Inc stock has also loss -6.59% of its value over the past 7 days. However, MBLY stock has declined by -51.35% in the 3 months of the year. Over the past six months meanwhile, it has lost -54.62% and lost -70.87% year-on date.

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The market cap for MBLY stock reached $10.24 billion, with 94.65 million shares outstanding and 93.16 million shares in the current float. Compared to the average trading volume of 5.01M shares, MBLY reached a trading volume of 6211172 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Mobileye Global Inc [MBLY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MBLY shares is $23.81 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.

Wolfe Research have made an estimate for Mobileye Global Inc shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on Sep-06-24. The new note on the price target was released on August 05, 2024, representing the official price target for Mobileye Global Inc stock. On August 02, 2024, analysts decreased their price target for MBLY shares from 25 to 18.

The Average True Range (ATR) for Mobileye Global Inc is set at 0.91, with the Price to Sales ratio for MBLY stock in the period of the last 12 months amounting to 5.55. The Price to Book ratio for the last quarter was 0.69, with the Price to Cash per share for the same quarter was set at 1.49. Price to Free Cash Flow for MBLY in the course of the last twelve months was 59.28 with Quick ratio for the last quarter at 4.40.

MBLY stock trade performance evaluation

Mobileye Global Inc [MBLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.59. With this latest performance, MBLY shares dropped by -19.18% in over the last four-week period, additionally sinking by -54.62% over the last 6 months – not to mention a drop of -66.23% in the past year of trading.

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 26.19, with the RSI for the last a single of trading hit 24.64, and the three-weeks RSI is set at 27.78 for Mobileye Global Inc [MBLY]. The present Moving Average for the last 50 days of trading for this stock 20.00, while it was recorded at 13.64 for the last single week of trading, and 28.42 for the last 200 days.

Mobileye Global Inc [MBLY]: An insightful look at the core fundamentals

Mobileye Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.40 and a Current Ratio set at 5.80.

Earnings per share (EPS) analysis for Mobileye Global Inc [MBLY] stock

With the latest financial reports released by the company, Mobileye Global Inc posted 0.22/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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 go to 17.73%.

Mobileye Global Inc [MBLY]: Institutional Ownership

There are presently around $121.85%, or 126.16%% of MBLY stock, in the hands of institutional investors.