Mobileye (MBLY) shares rally after topping Q3 consensus estimates
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Go back to Mobileye (MBLY) shares rally after topping Q3 consensus estimates
December 7, 2022 8:13 AM EST
(Reuters) -Mobileye Global Inc beat estimates for revenue and earnings on Wednesday in its first quarterly report after going public in October, as the Intel Corp unit benefited from strong demand for its self-driving technology from carmakers.
Shares of the company were up about 2% at $31 in premarket trading, after it... More
December 7, 2022 6:52 AM EST
Mobileye (NASDAQ: MBLY) reported Q2 Non-GAAP EPS of ~$0.14, $0.02 better than the analyst estimate of $0.12. Revenue for the quarter came in at $450 million versus the consensus estimate of $447.04 million.
GUIDANCE:
Mobileye sees Q4 2022 revenue of $527-545 million, versus the consensus of $483.72... More
December 5, 2022 10:17 AM EST
Tigress Financial Partners analyst Ivan Feinseth initiates coverage on Mobileye N.V (NASDAQ: MBLY) with a Buy rating and a price target of $44.00.
The analyst comments "We are initiating research coverage on MBLY with a Buy rating and a 12-month target price of $44 as the companys leading position in ADAS and AV technology development and deployment well-position it to capitalize on a massive market opportunity and offers investors a pure play in the ongoing growth and increasing deployment of these automotive industry-changing... More
