In a report released yesterday, from Evercore ISI maintained a Buy rating on Mobileye Global, Inc. Class A, with a price target of $25.00. The company’s shares opened today at $14.49.
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Mobileye Global, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $19.19, which is a 32.44% upside from current levels. In a report released on October 6, Deutsche Bank also upgraded the stock to a Buy with a $19.00 price target.
Based on Mobileye Global, Inc. Class A’s latest earnings release for the quarter ending June 28, the company reported a quarterly revenue of $506 million and a GAAP net loss of $67 million. In comparison, last year the company earned a revenue of $439 million and had a GAAP net loss of $86 million
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