Mobileye Global (NASDAQ:MBLY) Issues Earnings Results, Misses Expectations By $0.08 EPS

Mobileye Global (NASDAQ:MBLY) posted its quarterly earnings results on Thursday. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.08), Zacks reports. Mobileye Global had a negative net margin of 164.13% and a positive return on equity of 0.63%. Mobileye Global updated its FY 2025 guidance to EPS.

Mobileye Global Stock Up 1.9 %

Shares of MBLY stock opened at $16.31 on Friday. Mobileye Global has a 12 month low of $10.48 and a 12 month high of $34.00. The firm has a market cap of $13.23 billion, a PE ratio of -4.47, a price-to-earnings-growth ratio of 10.97 and a beta of 0.30. The stock has a 50 day moving average of $17.80 and a 200-day moving average of $16.09.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $11.00 target price on shares of Mobileye Global in a report on Thursday, December 5th. UBS Group upped their price target on shares of Mobileye Global from $14.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, January 16th. Loop Capital lifted their price target on Mobileye Global from $20.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Robert W. Baird increased their price objective on Mobileye Global from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, Oppenheimer initiated coverage on shares of Mobileye Global in a report on Wednesday, January 15th. They set an “outperform” rating and a $28.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $23.20.

About Mobileye Global

Mobileye Global Inc develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company operates through Mobileye and Other segments. It offers Driver Assist comprising ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a navigation and assisted driving solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management.