Market cap of Mobileye Global Inc [MBLY] reaches 10.76B – now what?

ETSY Stock

Mobileye Global Inc [NASDAQ: MBLY] stock went on an upward path that rose over 1.88% on Tuesday, amounting to a one-week price increase of more than 2.04%.

Over the last 12 months, MBLY stock dropped by -62.15%. The one-year Mobileye Global Inc stock forecast points to a potential upside of 31.21. The average equity rating for MBLY stock is currently 2.39, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $10.76 billion, with 94.65 million shares outstanding and 93.16 million shares in the current float. Compared to the average trading volume of 6.30M shares, MBLY stock reached a trading volume of 5067410 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $19.29 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 2.39. 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.

RBC Capital Mkts have made an estimate for Mobileye Global Inc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on October 15, 2024. While these analysts kept the previous recommendation, Mizuho dropped their target price from $30 to $13. The new note on the price target was released on October 11, 2024, representing the official price target for Mobileye Global Inc stock. Previously, the target price had yet another drop from $16 to $10, while JP Morgan kept a Underweight rating on MBLY stock. On October 04, 2024, analysts decreased their price target for MBLY shares from 20 to 14.

The Average True Range (ATR) for Mobileye Global Inc is set at 0.80, with the Price to Sales ratio for MBLY stock in the period of the last 12 months amounting to 5.83. The Price to Book ratio for the last quarter was 0.73, 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 62.31 with Quick ratio for the last quarter at 4.40.

MBLY Stock Performance Analysis:

Mobileye Global Inc [MBLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.04. With this latest performance, MBLY shares dropped by -3.18% in over the last four-week period, additionally sinking by -51.85% over the last 6 months – not to mention a drop of -62.15% 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 53.74, with the RSI for the last a single of trading hit 58.95, and the three-weeks RSI is set at 49.56 for Mobileye Global Inc [MBLY]. The present Moving Average for the last 50 days of trading for this stock 12.85, while it was recorded at 12.81 for the last single week of trading, and 23.24 for the last 200 days.

Insight into Mobileye Global Inc 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.

MBLY Stock EPS

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 8.00%.

Mobileye Global Inc [MBLY] Institutonal Ownership Details

There are presently around $120.73%, or 125.02%% of MBLY stock, in the hands of institutional investors.