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

Mobileye Global (NASDAQ:MBLY) announced its quarterly earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates 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 Performance

Shares of NASDAQ MBLY traded down $0.05 during trading on Thursday, hitting $15.97. The company had a trading volume of 11,102,985 shares, compared to its average volume of 7,892,522. The company has a market cap of $12.95 billion, a P/E ratio of -4.39, a PEG ratio of 11.65 and a beta of 0.30. Mobileye Global has a 52 week low of $10.48 and a 52 week high of $34.00. The business’s 50-day moving average is $17.82 and its 200 day moving average is $16.09.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Mobileye Global from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Robert W. Baird boosted 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. UBS Group boosted their price objective on Mobileye Global from $14.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, January 16th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $10.00 price target (down from $16.00) on shares of Mobileye Global in a research report on Monday, October 7th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $11.00 target price on shares of Mobileye Global in a research report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Mobileye Global presently has an average rating of “Hold” and an average price target of $23.20.

Mobileye Global Company Profile

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.