Price Forecast For Mobileye NV (NYSE:MBLY) Stock At $56.142

Price Forecast For Mobileye NV (NYSE:MBLY) Stock At $56.142

Vetr cut shares of Mobileye N.V. from a "strong-buy" rating to a "buy" rating and set a $52.69 target price for the a research note on Wednesday.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

Several other research firms have also recently weighed in on MBLY. They noted that the move was a valuation call.

According to an update released by analysts at RBC Capital Markets the broker has now set a "Outperform" rating on shares of Mobileye (NYSE:MBLY) with a price target of 57.

Price-to-Earnings Ratio is the current share price divided by annual earnings per share. Zacks Investment Research upgraded Mobileye N.V. from a sell rating to a hold rating in a research report on Friday, December 9th.

In a different note, On Feb 1, 2017, Morgan Stanley said it Downgrades its rating on Mobileye NV. Buy rating has been given by 8 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 6 analysts given HOLD rating. Mobileye N.V. now has a consensus rating of "Buy" and an average target price of $54.36. The stock's 50-day moving average price is $42.76 and its 200-day moving average price is $41.38. The Short Ratio for the stock is 8.55.

Mobileye N.V. Gross Margin percentage stands at 75.4% while its Operating Margin for trailing twelve month is 32.2 percent and Profit margin (ttm) is 29.1 Percent. The company reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.02.

Revenue for the fourth quarter of 2016 was $104.6 million, up from $71.8 in the corresponding quarter of 2015 and above the analysts' consensus of $96.4 million. After market (AM) revenue contributed the remaining $27.0 million of total revenue for the fourth quarter of 2016, compared to $10.6 million in the prior-year period. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 5.6%.

The Average Selling Price (ASP) per EyeQ unit in the fourth quarter gained 1.8% to $45.50, up from $44.70 past year. Finally, Needham & Company LLC started coverage on Mobileye a research report on Wednesday, November 30th. If you are reading this piece on another domain, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark laws. The correct version of this article can be read at

A number of large investors have recently modified their holdings of MBLY.

Shares of Mobileye N.V. Finally, United Capital Financial Advisers LLC acquired a new stake in shares of Mobileye N.V. during the fourth quarter valued at approximately $834,000. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 9 analysts of Thomson Reuters, 7 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. MA raised its stake in Mobileye 0.9% in the fourth quarter. Ecofin Ltd. bought a new stake in Mobileye N.V. during the fourth quarter valued at $13,378,000.

Mobileye engaged in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems (ADAS) and autonomous driving technologies.



Latest news

Scientists discover tiny new frogs in India
Garg and her fellow scientists collected the seven newly discovered frog species in 2002, and between 2013 and 2016. Now the total number of known night frog species has increased to 35, of which 20 percent are diminutive in size.

What are analysts Suggestions on: The Dow Chemical Company (NYSE:DOW)
Bernstein restated an "overweight" rating on shares of Dow Chemical Company (The) in a research report on Friday, December 23rd. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.90 to $1.07.

Tech Shares Need To Consider: Square, Inc. (SQ), First Solar, Inc. (FSLR)
First Solar Inc . swung to a loss in the latest quarter as it booked hefty restructuring charges and revenue almost halved. USG Corporation's growth estimate for the current quarter is 4.7, and 19.6 percent for the next quarter.

Bulls send Taj Gibson and Doug McDermott to Thunder
The Oklahoma City Thunder have agreed to acquire Taj Gibson in a deal with the Chicago Bulls, league sources told The Vertical . Most pundits saw the big trade as a way of getting Westbrook the talent upgrade he needs to make a run in these playoffs.

Other news