Shares of Mobileye NV (NASDAQ:MBLY) have received an average recommendation of “Buy” from the nineteen research firms that are currently covering the company. Five investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $58.92.

MBLY has been the subject of several analyst reports. Deutsche Bank AG reissued a “buy” rating and issued a $72.00 price objective on shares of Mobileye NV in a research note on Thursday, June 30th. Piper Jaffray Cos. reissued an “overweight” rating and issued a $60.00 price objective on shares of Mobileye NV in a research note on Tuesday, August 16th. Morgan Stanley reissued an “overweight” rating and issued a $48.00 price objective on shares of Mobileye NV in a research note on Sunday, July 31st. William Blair reissued an “outperform” rating on shares of Mobileye NV in a research note on Monday, September 19th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $66.00 price objective on shares of Mobileye NV in a research note on Friday, July 15th.

Institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. raised its position in shares of Mobileye NV by 150.4% in the second quarter. Victory Capital Management Inc. now owns 2,459 shares of the company’s stock valued at $113,000 after buying an additional 1,477 shares during the last quarter. Integrated Investment Consultants LLC raised its position in Mobileye NV by 14.5% in the second quarter. Integrated Investment Consultants LLC now owns 2,530 shares of the company’s stock valued at $117,000 after buying an additional 321 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co raised its position in Mobileye NV by 20.0% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 3,000 shares of the company’s stock valued at $138,000 after buying an additional 500 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Mobileye NV by 3,087.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,187 shares of the company’s stock valued at $147,000 after buying an additional 3,087 shares in the last quarter. Finally, Advisory Services Network LLC raised its position in Mobileye NV by 91.9% in the third quarter. Advisory Services Network LLC now owns 3,550 shares of the company’s stock valued at $151,000 after buying an additional 1,700 shares in the last quarter.

Mobileye NV (NASDAQ:MBLY) traded down 0.99% on Wednesday, hitting $37.98. The company’s stock had a trading volume of 1,304,833 shares. Mobileye NV has a 12 month low of $23.57 and a 12 month high of $52.00. The firm has a 50 day moving average of $44.63 and a 200 day moving average of $42.01. The firm has a market cap of $8.33 billion and a price-to-earnings ratio of 97.38.

Mobileye NV (NASDAQ:MBLY) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.02. The business earned $83.50 million during the quarter, compared to the consensus estimate of $77.64 million. During the same period in the previous year, the business posted $0.10 EPS. The firm’s revenue was up 58.1% on a year-over-year basis. Equities research analysts forecast that Mobileye NV will post $0.71 earnings per share for the current fiscal year.

Mobileye NV Company Profile

Mobileye N.V. is engaged in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems (ADAS) and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing (OEM) and aftermarket (AM).

5 Day Chart for NASDAQ:MBLY

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