Mobileye Global Inc (NASDAQ:MBLY) price on current trading day, rose 0.69% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $14.54.
A look at the stock’s price movement, the close in the last trading session was $14.44, moving within a range at $14.1 and $14.89. The beta value (5-Year monthly) was 0.272. Turning to its 52-week performance, $34.00 and $10.48 were the 52-week high and 52-week low respectively. Overall, MBLY moved -23.03% over the past month.
Mobileye Global Inc’s market cap currently stands at around $11.80 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29.
Analysts have a consensus estimate of 434.63M for the company’s revenue for the quarter, with a low and high estimate of 425M and 441M respectively. The average forecast suggests up to a 81.85% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.76B, representing a 6.24% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MBLY is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
12 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 11 recommend MBLY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MBLY’s current price about -5.50% and -10.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.95, while 7-day volatility ratio is 5.18% and 6.65% in the 30-day chart. Further, Mobileye Global Inc (MBLY) has a beta value of 0.37, and an average true range (ATR) of 1.00. Analysts have given the company’s stock an average 52-week price target of $19, forecast between a low of $11 and high of $30. Looking at the price targets, the low is 24.35% off current price level while to achieve the yearly target high, price needs to move -106.33%. Nonetheless, investors will most likely welcome a -30.67% jump to $19 which is the analysts’ median price.
If we refocus on Mobileye Global Inc (NASDAQ:MBLY), historical trading data shows that trading volumes averaged 3.05 over the past 10 days and 5.73 million over the past 3 months. The company’s latest data on shares outstanding shows there are 100.23 million shares.
The 88.51% of Mobileye Global Inc’s shares are in the hands of company insiders while institutional holders own 12.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 26.77 million on 2025-02-28, giving us a short ratio of 4.98. The data shows that as of 2025-02-28 short interest in Mobileye Global Inc (MBLY) stood at 3695.0000000000005 of shares outstanding, with shares short rising to 25.07 million registered in 2025-01-31. Current price change has pushed the stock -27.01% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MBLY stock continues to rise going into the next quarter.
