Mobileye Global (NASDAQ:MBLY) Given Hold Rating at Westpark Capital

Westpark Capital reiterated their hold rating on shares of Mobileye Global (NASDAQ:MBLY) in a research report report published on Wednesday, Marketbeat Ratings reports.

A number of other research analysts have also commented on MBLY. Citigroup lowered their price target on Mobileye Global from $58.00 to $53.00 and set a buy rating on the stock in a report on Monday, April 29th. The Goldman Sachs Group lowered their price target on Mobileye Global from $40.00 to $32.00 and set a buy rating on the stock in a report on Wednesday, July 10th. Wolfe Research raised Mobileye Global from a peer perform rating to an outperform rating and set a $41.00 price target on the stock in a report on Friday, April 12th. Needham & Company LLC reissued a buy rating and set a $36.00 price target on shares of Mobileye Global in a report on Friday, April 26th. Finally, Morgan Stanley lowered Mobileye Global from an equal weight rating to an underweight rating and lowered their price target for the company from $26.00 to $25.00 in a report on Friday, April 26th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Mobileye Global has a consensus rating of Moderate Buy and a consensus price target of $34.50.

Mobileye Global Stock Performance

MBLY stock opened at $15.96 on Wednesday. The stock has a market capitalization of $12.87 billion, a price-to-earnings ratio of -76.00, a PEG ratio of 29.75 and a beta of 0.13. Mobileye Global has a 1 year low of $15.21 and a 1 year high of $44.48. The stock’s fifty day moving average is $25.91 and its two-hundred day moving average is $27.62.

Hedge Funds Weigh In On Mobileye Global

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Investment Advisory Services LLC boosted its position in shares of Mobileye Global by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 14,700 shares of the company’s stock valued at $637,000 after purchasing an additional 400 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Mobileye Global by 33.3% in the 4th quarter. Venturi Wealth Management LLC now owns 1,600 shares of the company’s stock valued at $69,000 after purchasing an additional 400 shares during the period. Green Alpha Advisors LLC boosted its position in shares of Mobileye Global by 2.6% in the 1st quarter. Green Alpha Advisors LLC now owns 19,609 shares of the company’s stock valued at $630,000 after purchasing an additional 500 shares during the period. Principal Securities Inc. acquired a new position in shares of Mobileye Global in the 4th quarter valued at $28,000. Finally, Perigon Wealth Management LLC boosted its position in shares of Mobileye Global by 6.7% in the 1st quarter. Perigon Wealth Management LLC now owns 10,592 shares of the company’s stock valued at $341,000 after purchasing an additional 664 shares during the period. Institutional investors and hedge funds own 13.25% of the company’s stock.

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.