Fintel reports that on January 15, 2025, Oppenheimer initiated coverage of Mobileye Global (NasdaqGS:MBLY) with a Outperform recommendation.
Analyst Price Forecast Suggests 23.79% Upside
As of December 23, 2024, the average one-year price target for Mobileye Global is $20.71/share. The forecasts range from a low of $10.10 to a high of $34.65. The average price target represents an increase of 23.79% from its latest reported closing price of $16.73 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Mobileye Global is 3,408MM, an increase of 89.23%. The projected annual non-GAAP EPS is 1.00.
What is the Fund Sentiment?
There are 427 funds or institutions reporting positions in Mobileye Global. This is an decrease of 41 owner(s) or 8.76% in the last quarter. Average portfolio weight of all funds dedicated to MBLY is 0.21%, an increase of 32.46%. Total shares owned by institutions decreased in the last three months by 22.22% to 109,843K shares. 
The put/call ratio of MBLY is 0.62, indicating a bullish outlook.
What are Other Shareholders Doing?
Baillie Gifford holds 15,635K shares representing 15.71% ownership of the company. In its prior filing, the firm reported owning 15,799K shares , representing a decrease of 1.05%. The firm decreased its portfolio allocation in MBLY by 53.63% over the last quarter.
Manufacturers Life Insurance Company, The holds 13,591K shares representing 13.65% ownership of the company. In its prior filing, the firm reported owning 9,074K shares , representing an increase of 33.24%. The firm decreased its portfolio allocation in MBLY by 31.39% over the last quarter.
VWIGX - Vanguard International Growth Fund Investor Shares holds 5,228K shares representing 5.25% ownership of the company. No change in the last quarter.
FIL holds 3,977K shares representing 4.00% ownership of the company. In its prior filing, the firm reported owning 3,796K shares , representing an increase of 4.55%. The firm decreased its portfolio allocation in MBLY by 73.65% over the last quarter.
DAVENPORT & Co holds 2,566K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 2,420K shares , representing an increase of 5.68%. The firm decreased its portfolio allocation in MBLY by 51.43% over the last quarter.
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