Mobileye (MBLY, Financial) is experiencing notable bullish activity in the options market, with 4,417 call options traded, surpassing the expected volume by 10%. This surge comes as implied volatility climbs over 14 percentage points, reaching 82.99%.
The most actively traded options are the April 25th weekly 13 and 12.5 call options, together accounting for nearly 2,400 contracts. This trading activity has led to a Put/Call Ratio of 0.26, indicating a heavier skew towards call options. Investors are closely watching as the company is set to release its earnings on April 24th.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for Mobileye Global Inc (MBLY, Financial) is $19.21 with a high estimate of $33.00 and a low estimate of $14.00. The average target implies an upside of 48.76% from the current price of $12.92. More detailed estimate data can be found on the Mobileye Global Inc (MBLY) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Mobileye Global Inc's (MBLY, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
