Mobileye Global (NASDAQ:MBLY) Price Target Raised to $22.00 at Barclays

Mobileye Global (NASDAQ:MBLY) had its target price lifted by Barclays from $18.00 to $22.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other analysts also recently weighed in on the company. The Goldman Sachs Group cut their target price on Mobileye Global from $24.00 to $20.00 and set a “buy” rating for the company in a research report on Tuesday, October 1st. Evercore ISI reduced their price objective on shares of Mobileye Global from $35.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, October 14th. Mizuho boosted their target price on shares of Mobileye Global from $15.00 to $17.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Canaccord Genuity Group reduced their price target on shares of Mobileye Global from $27.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Finally, BNP Paribas downgraded shares of Mobileye Global from a “neutral” rating to an “underperform” rating and set a $12.00 price objective for the company. in a research report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $23.20.

Mobileye Global Trading Up 2.0 %

Shares of MBLY stock opened at $17.00 on Wednesday. The stock has a market cap of $13.79 billion, a P/E ratio of -4.66, a price-to-earnings-growth ratio of 10.98 and a beta of 0.30. Mobileye Global has a 1 year low of $10.48 and a 1 year high of $34.00. The stock has a 50 day simple moving average of $17.80 and a 200 day simple moving average of $16.46.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rakuten Securities Inc. raised its position in shares of Mobileye Global by 140.2% during the third quarter. Rakuten Securities Inc. now owns 1,818 shares of the company’s stock worth $25,000 after acquiring an additional 1,061 shares during the last quarter. Versant Capital Management Inc raised its holdings in Mobileye Global by 580.0% during the 4th quarter. Versant Capital Management Inc now owns 1,326 shares of the company’s stock worth $26,000 after purchasing an additional 1,131 shares during the last quarter. Daymark Wealth Partners LLC lifted its position in shares of Mobileye Global by 10.9% in the 4th quarter. Daymark Wealth Partners LLC now owns 11,692 shares of the company’s stock worth $233,000 after purchasing an additional 1,147 shares during the period. Guinness Atkinson Asset Management Inc boosted its stake in shares of Mobileye Global by 16.9% in the 3rd quarter. Guinness Atkinson Asset Management Inc now owns 8,700 shares of the company’s stock valued at $119,000 after purchasing an additional 1,257 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Mobileye Global during the fourth quarter worth $30,000. 13.25% of the stock is owned by institutional investors and hedge funds.

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.