UBS Maintains Buy on Mobileye Global, Lowers Price Target to $33
$MBLY
Computer Software: Prepackaged Software
Technology
UBS analyst Joseph Spak maintains Mobileye Global (NASDAQ:MBLY) with a Buy and lowers the price target from $36 to $33.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $15.00 → $19.00 | Buy | TD Cowen |
| 10/15/2024 | $24.00 → $11.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 10/11/2024 | $30.00 → $13.00 | Outperform → Neutral | Mizuho |
| 10/7/2024 | $16.00 → $10.00 | Neutral → Underweight | JP Morgan |
| 10/4/2024 | $20.00 → $14.00 | Buy → Neutral | UBS |
| 10/2/2024 | $12.00 | Neutral → Underperform | Exane BNP Paribas |
| 9/10/2024 | $15.00 | Hold | Deutsche Bank |
| 9/5/2024 | Outperform → Peer Perform | Wolfe Research |
TD Cowen reiterated coverage of Mobileye Global with a rating of Buy and set a new price target of $19.00 from $15.00 previously
RBC Capital Mkts downgraded Mobileye Global from Outperform to Sector Perform and set a new price target of $11.00 from $24.00 previously
Mizuho downgraded Mobileye Global from Outperform to Neutral and set a new price target of $13.00 from $30.00 previously
4 - Mobileye Global Inc. (0001910139) (Issuer)
3 - Mobileye Global Inc. (0001910139) (Issuer)
4 - Mobileye Global Inc. (0001910139) (Issuer)
SCHEDULE 13G/A - Mobileye Global Inc. (0001910139) (Subject)
10-Q - Mobileye Global Inc. (0001910139) (Filer)
8-K - Mobileye Global Inc. (0001910139) (Filer)
Mobileye Global Inc. (NASDAQ:MBLY) announced today the appointment of Elaine L. Chao to the Mobileye Global Inc. Board of Directors as an independent director, effective as of June 7, 2024. "It's an honor to have former U.S. Secretary of Transportation and U.S. Secretary of Labor Elaine Chao join Mobileye's board as an independent director," said Patrick P. Gelsinger, chair of Mobileye's board of directors. "Elaine's experience in technology, transportation and business transformation will bring a wealth of knowledge to our mission of advancing road safety through advanced technology." Secretary Chao has had a distinguished career as a national and global leader in the public, private a
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mobileye Global Inc. (NASDAQ:MBLY) investors that a lawsuit was filed on behalf of investors that purchased Mobileye securities between January 26, 2023 and January 3, 2024 inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to r
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mobileye Global Inc. (NASDAQ:MBLY) investors that a lawsuit was filed on behalf of investors that purchased Mobileye securities between January 26, 2023 and January 3, 2024 inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to
Revenue decreased 8% year over year to $486 million in the third quarter. Revenue increased 11% versus the second quarter of 2024. Full year 2024 revenue guidance, at the midpoint, is unchanged compared to prior guidance. Diluted EPS (GAAP) was $(3.35) and Adjusted Diluted EPS (Non-GAAP) was $0.10 in the third quarter of 2024. GAAP EPS was impacted by a non-cash impairment loss related to the Goodwill asset on our balance sheet. Generated net cash from operating activities of $196 million in the nine months ended September 28, 2024, including $126 million in the third quarter of 2024. Mobileye Global Inc. (NASDAQ:MBLY) ("Mobileye") today released its financial results for the three m
Mobileye Global Inc. (NASDAQ:MBLY) ("Mobileye") today announced that it will release its financial results for the third quarter 2024 on Thursday, October 31, 2024, before market open. Mobileye will host a conference call at 8:00am ET (2:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh Rojansky, CFO, Nimrod Nehushtan, EVP – Business Development and Strategy, and Dan Galves, CCO. The conference call will be accessible live via a webcast on Mobileye's investor relations site, which can be found at https://ir.mobileye.com/, and a replay of the webcast will be made available shortly after the event's co
Revenue decreased 3% year over year to $439 million in the second quarter. Revenue increased 84% versus the first quarter of 2024 due to reduced consumption of excess inventory at Tier 1 customers compared to the first quarter. More than 110% increase in number of systems shipped as compared to the first quarter of 2024 led to significant improvement in Operating Loss and Adjusted Operating Profit. While we believe inventory of EyeQTM chips at our Tier 1 customers has almost fully normalized as of the end of the second quarter of 2024, we have reduced our expectation for second half volume and revenue, primarily due to China-related macro factors. We remain optimistic on the mediu
4 - Mobileye Global Inc. (0001910139) (Issuer)
4 - Mobileye Global Inc. (0001910139) (Issuer)
4 - Mobileye Global Inc. (0001910139) (Issuer)
MIPS, a leading developer of efficient and configurable IP compute cores, announced today the general availability (GA) launch of the MIPS P8700 Series RISC-V Processor. Designed to meet the low-latency, highly intensive data movement demands of the most advanced automotive applications such as ADAS and Autonomous Vehicles (AVs), the P8700 delivers industry-leading accelerated compute, power efficiency and scalability Typical solutions for ADAS and autonomous driving rely on a brute-force approach of embedding a higher number of cores at higher clock rates driving synthetic, albeit unrealistic and unrealized performance. The P8700 with its multi-threaded and power-efficient architecture al
Mobileye Global Inc. (NASDAQ:MBLY) ("Mobileye" or the "Company") will host a Capital Markets Day (CMD) on December 9th and 10th, 2024 in Munich, Germany. The CMD is intended to showcase Mobileye's technology, strategic objectives, and commercial progress. It will feature: 1) real-world demonstrations (‘demos') of both its EyeQ®5-based SuperVisionTM system in production vehicles and its DriveTM system in robotaxi vehicles; 2) in-depth presentations on Mobileye's technical approach to self-driving and new technologies integrated into the EyeQ®6 High-based Advanced Product generation; 3) updates on progress achieved in the Company's series development production programs for SuperVision, Chau
Mobileye Global Inc. (NASDAQ:MBLY) ("Mobileye") announced today that it is scheduled to participate in the following upcoming investor events in the fourth quarter of 2024. Baird 2024 Global Industrial Conference, November 14, 2024 Barclays 15th Annual Global Automotive and Mobility Tech Conference, November 21, 2024 Mobileye plans to webcast its "fireside chats" when possible, with exact time to be posted closer to the event. For more information on and to register for and access the webcasts, please visit the "Events & Presentations" section of Mobileye's investor relations (IR) site at https://ir.mobileye.com/. Please note that event participation and specific dates are subject to
SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)
SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)
SC 13G/A - Mobileye Global Inc. (0001910139) (Subject)
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Barclays analyst Dan Levy maintains Mobileye Global (NASDAQ:MBLY) with a Overweight and lowers the price target from $43 to $40.
HSBC analyst Edoardo Spina initiates coverage on Mobileye Global (NASDAQ:MBLY) with a Buy rating and announces Price Target of $33.