Mobileye (MBLY) stock crashes 25% after cutting forecast; BofA downgrades

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Beaten-down Mobileye (MBLY) stock just popped. Here's why

January 8, 2024 9:14 AM EST

Mobileye (NASDAQ: MBLY) stock rose 1.5% in early Monday trade after the company, which substantially slashed its guidance recently, announced it has secured a series of production design wins from a major Western automaker, where Mobileye will act as a Tier 1 supplier.

The design wins... More

Deutsche Bank eyes good entry point for Mobileye (MBLY) shares, 'bad news priced in'

January 5, 2024 10:02 AM EST

The bad news for Mobileye (NASDAQ: MBLY) shares is priced in, and now is a good entry point for a long-term growth story, according to Deutsche Bank analysts on Friday.

The bank, which has a Buy rating and $39 price target on the... More