Mobileye Global (MBLY) Scheduled to Post Earnings on Thursday

Mobileye Global (NASDAQ:MBLY) will be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Mobileye Global to post earnings of ($0.06) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Mobileye Global (NASDAQ:MBLY) last released its quarterly earnings results on Thursday, January 25th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $637.00 million during the quarter, compared to the consensus estimate of $637.53 million. Mobileye Global had a negative net margin of 1.30% and a positive return on equity of 2.91%. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share. On average, analysts expect Mobileye Global to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Mobileye Global Stock Performance

MBLY stock opened at $30.12 on Tuesday. The company has a fifty day moving average price of $28.88 and a 200-day moving average price of $33.58. The company has a market capitalization of $24.28 billion, a P/E ratio of -752.81, a PEG ratio of 14.05 and a beta of -0.22. Mobileye Global has a 52-week low of $23.49 and a 52-week high of $47.41.

Insider Buying and Selling at Mobileye Global

In other Mobileye Global news, Director Patrick P. Gelsinger acquired 3,600 shares of the company’s stock in a transaction on Monday, January 29th. The shares were purchased at an average cost of $27.75 per share, with a total value of $99,900.00. Following the completion of the purchase, the director now owns 129,095 shares of the company’s stock, valued at $3,582,386.25. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MBLY shares. Wolfe Research upgraded shares of Mobileye Global from a “peer perform” rating to an “outperform” rating and set a $41.00 price objective for the company in a research report on Friday, April 12th. TD Cowen decreased their price objective on shares of Mobileye Global from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. JPMorgan Chase & Co. increased their price objective on shares of Mobileye Global from $34.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Robert W. Baird decreased their price objective on shares of Mobileye Global from $43.00 to $42.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. Finally, Barclays decreased their price objective on shares of Mobileye Global from $46.00 to $43.00 and set an “overweight” rating for the company in a research report on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.62.

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.