The consensus price target for Mobileye Global Inc. (NASDAQ:MBLY) has been adjusted downwards, indicating potential market and competitive pressures.
Despite the downward trend, Tigress Financial sets a notably higher price target of $52, showcasing differing analyst opinions on Mobileye’s future performance.
Upcoming third-quarter earnings with an expected EPS of 9 cents and revenues of $481.74 million are crucial for assessing Mobileye’s financial health and future prospects.

Mobileye Global Inc. (NASDAQ:MBLY) is a key player in the field of advanced driver assistance systems (ADAS) and autonomous driving technologies. As a subsidiary of Intel Overseas Funding Corporation, Mobileye offers a wide range of solutions, from basic driver assist features to sophisticated autonomous driving systems. The company operates in a competitive landscape, with rivals like Tesla and Waymo also advancing in autonomous technology.

The consensus price target for Mobileye’s stock has seen a downward trend over the past year. A year ago, analysts set a target of $26.18, which decreased to $22.63 last quarter and further to $20 last month. This decline may be due to changing market conditions or competitive pressures. However, Tigress Financial has set a notably higher price target of $52, indicating differing analyst opinions.

Mobileye is gearing up to announce its third-quarter earnings, with expectations set by the Zacks Consensus Estimate. The anticipated earnings per share are projected at 9 cents, while revenues are expected to reach approximately $481.74 million. These figures will be crucial in assessing the company’s financial health and could influence future price targets.

Investors should pay attention to Mobileye’s strategic initiatives and any updates from Intel, as these could impact the company’s performance and analysts’ price targets. Developments in autonomous driving technology, partnerships, and regulatory changes are also important factors that could affect Mobileye’s stock outlook.