Mobileye (MBLY) Tops Q2 EPS by 1c ; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Morgan Stanley Upgrades Mobileye N.V (MBLY) to Equalweight
August 2, 2024 6:08 AM EDTMorgan Stanley analyst Adam Jonas upgraded Mobileye N.V (NASDAQ: MBLY) from Underweight to Equalweight with a price target of $18.00 (from $25.00).
The analyst comments "Three Key Drivers of our Upgrade to Equal-Weight: 1. Consensus has been reset. After a series of profit warnings, consensus expectations for FY24 and FY25 should fall significantly. We believe that upon this earnings release, SuperVision expectations will now be sufficiently revised downward. We believe this... More
Mobileye shares crash 20% as autonomous driving company cuts 2024 outlook
August 1, 2024 7:02 AM EDT(Updated - August 1, 2024 9:54 AM EDT)
Mobileye (NASDAQ: MBLY) saw its shares plummet 20% Thursday after the autonomous driving company reduced its revenue guidance for the full fiscal 2024, missing consensus estimates.
For Q2, Mobileye reported earnings per share (EPS) of $0.09, surpassing the analyst estimate of $0.08. The company's revenue for the quarter was $439 million, also above the consensus projection of $438.08 million.
Mobileye's adjusted operating income was $79 million, exceeding the... More
