Mizuho Begins Coverage on Mobileye Global (NASDAQ:MBLY)

Mizuho initiated coverage on shares of Mobileye Global (NASDAQ:MBLYGet Rating) in a research report sent to investors on Monday morning, MarketBeat reports. The brokerage issued a buy rating and a $35.00 target price on the stock.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird started coverage on shares of Mobileye Global in a report on Monday, November 14th. They issued an outperform rating and a $36.00 target price for the company. The Goldman Sachs Group started coverage on shares of Mobileye Global in a report on Monday. They issued a buy rating and a $36.00 price objective for the company. Cowen started coverage on shares of Mobileye Global in a report on Monday. They issued an outperform rating and a $35.00 price objective for the company. Bank of America started coverage on shares of Mobileye Global in a report on Monday. They issued a neutral rating and a $34.00 price objective for the company. Finally, Wolfe Research started coverage on shares of Mobileye Global in a report on Monday. They issued a peer perform rating for the company. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Mobileye Global currently has a consensus rating of Moderate Buy and a consensus price target of $37.27.

Mobileye Global Price Performance

MBLY stock opened at $29.31 on Monday. Mobileye Global has a 12 month low of $24.85 and a 12 month high of $31.88.

Insiders Place Their Bets

In other news, CEO Amnon Shashua purchased 476,191 shares of the stock in a transaction on Friday, October 28th. The stock was purchased at an average price of $21.00 per share, for a total transaction of $10,000,011.00. Following the acquisition, the chief executive officer now owns 476,191 shares in the company, valued at $10,000,011. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Safroadu Yeboah-Amankwah acquired 47,519 shares of Mobileye Global stock in a transaction dated Friday, October 28th. The stock was bought at an average price of $21.00 per share, with a total value of $997,899.00. Following the transaction, the director now directly owns 47,519 shares in the company, valued at approximately $997,899. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Amnon Shashua acquired 476,191 shares of Mobileye Global stock in a transaction dated Friday, October 28th. The shares were bought at an average cost of $21.00 per share, with a total value of $10,000,011.00. Following the transaction, the chief executive officer now owns 476,191 shares in the company, valued at $10,000,011. The disclosure for this purchase can be found here.

Mobileye Global Company Profile

(Get Rating)

Mobileye Global Inc engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates.

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Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

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