Mobileye Global, Inc. Class A (MBLY) Receives a Hold from Bank of America Securities

In a report released yesterday, Federico Merendi from Bank of America Securities maintained a Hold rating on Mobileye Global, Inc. Class A, with a price target of $16.00. The company’s shares closed yesterday at $15.20.

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According to TipRanks, Merendi is a 2-star analyst with an average return of 1.2% and a 51.72% success rate. Merendi covers the Consumer Cyclical sector, focusing on stocks such as Ford Motor, PHINIA Inc., and Asbury.

Mobileye Global, Inc. Class A has an analyst consensus of Moderate Buy, with a price target consensus of $19.19, a 26.25% upside from current levels. In a report released on October 11, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $14.50 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