- Mobileye Global (MBLY, Financial) posts impressive revenue growth, exceeding forecasts.
- Analysts set optimistic price targets with a potential 45.77% upside.
- Company maintains a confident "Outperform" status among brokerage firms.
Mobileye Global (MBLY) reported a substantial 83.3% surge in revenue for the first quarter, reaching $438 million and surpassing market expectations by $2.61 million. The company's earnings per share aligned with projections at $0.08. Importantly, Mobileye has reaffirmed its positive outlook for 2025, predicting a 7% revenue growth in Q2 2025 compared to Q2 2024.
Wall Street Analysts Forecast
According to projections from 26 analysts, the average one-year price target for Mobileye Global Inc (MBLY, Financial) is set at $19.21, with estimates ranging between a high of $33.00 and a low of $14.00. This average target suggests a promising upside of 45.77% from the current trading price of $13.18. For a more detailed breakdown of these estimates, visit the Mobileye Global Inc (MBLY) Forecast page.
The consensus recommendation from 28 brokerage firms places Mobileye Global Inc (MBLY, Financial) at an average rating of 2.4, classifying the stock as "Outperform." This rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell.