RBC Capital analyst Tom Narayan maintained a Buy rating on Mobileye Global, Inc. Class A (MBLY – Research Report) on April 17 and set a price target of $39.00. The company’s shares closed yesterday at $30.98.
According to TipRanks, Narayan is a 4-star analyst with an average return of 6.5% and a 52.29% success rate. Narayan covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Tesla, and Mercedes-Benz Group.
Currently, the analyst consensus on Mobileye Global, Inc. Class A is a Strong Buy with an average price target of $36.71, which is a 18.50% upside from current levels. In a report released on April 12, Wolfe Research also upgraded the stock to a Buy with a $41.00 price target.
MBLY market cap is currently $24.96B and has a P/E ratio of -910.59.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MBLY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Mobileye Global, Inc. Class A (MBLY) Company Description:
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 of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. Its solutions comprise of Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It also provides data services to Expedite Maintenance Operations with AI-Powered Road Survey Technology.
Read More on MBLY:
