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Mobileye Global Inc. Class A Common Stock

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$28.87

(%)
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$28.87

Day Range

$ - $

Previous Day Range

$ - $

Market Cap

$23.3 billion USD

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Primary Exchange

Nasdaq

Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future ...

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Mobileye Global Inc (NASDAQ:MBLY) reported a 48% year-on-year revenue decline for the first quarter. According to Morgan Stanley, the stiff competition and the unexpected downturn in electric vehicle (EV) adoption limits Mobileye's TAM (total addressable market) through 2030. The Mobileye Global Analyst: Adam Jonas downgraded the rating for Mobileye Global from Equal-Weight to Underweight. He also lowered the price target from $26 to $25. The Mobileye Global Thesis: While Mobileye Global's SuperVision product is "impressive," its potential relies on several factors that are outside the company's control, Jonas said in the downgrade note. Check out other analyst stock ratings. "While we see significant ...Full story available on Benzinga.com

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MBLY earnings call for the period ending March 31, 2024.

Related tickers: MBLY.

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