Mobileye Global Inc [NASDAQ: MBLY] traded at a high on Tuesday, posting a 0.86 gain after which it closed the day’ session at $17.54.
The results of the trading session contributed to over 7178850 shares changing hands. Over the past one week, the price volatility of Mobileye Global Inc stands at 6.40% while the volatility over the past one month is 6.22%.
The market cap for MBLY stock reached $14.23 billion, with 99.55 million shares outstanding and 92.77 million shares in the current float. Compared to the average trading volume of 6.82M shares, MBLY reached a trading volume of 7178850 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $18.72 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 2.37. 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 shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 12, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $15 to $19. The new note on the price target was released on November 01, 2024, representing the official price target for Mobileye Global Inc stock. Previously, the target price had yet another drop from $24 to $11, while RBC Capital Mkts kept a Sector Perform rating on MBLY stock. On October 11, 2024, analysts decreased their price target for MBLY shares from 30 to 13.
The Average True Range (ATR) for Mobileye Global Inc is set at 1.09, with the Price to Sales ratio for MBLY stock in the period of the last 12 months amounting to 7.90. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 1.61. Price to Free Cash Flow for MBLY in the course of the last twelve months was 67.83 with Quick ratio for the last quarter at 4.54.
How has MBLY stock performed recently?
Mobileye Global Inc [MBLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.19. With this latest performance, MBLY shares gained by 12.65% in over the last four-week period, additionally sinking by -30.92% over the last 6 months – not to mention a drop of -55.33% 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 59.49, with the RSI for the last a single of trading hit 57.69, and the three-weeks RSI is set at 58.75 for Mobileye Global Inc [MBLY]. The present Moving Average for the last 50 days of trading for this stock 14.58, while it was recorded at 17.79 for the last single week of trading, and 21.94 for the last 200 days.
Mobileye Global Inc [MBLY]: Deeper insight into the fundamentals
Mobileye Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.54 and a Current Ratio set at 5.80.
Earnings analysis for Mobileye Global Inc [MBLY]
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 -8.70%.
Insider trade positions for Mobileye Global Inc [MBLY]
There are presently around $102.78%, or 106.63%% of MBLY stock, in the hands of institutional investors.
