Mobileye (MBLY, Financial) has achieved a significant milestone as it partners with a major global automotive manufacturer to incorporate its Imaging Radar technology into future vehicles. This marks the first instance of an automaker selecting Mobileye’s system as a crucial component for its advanced, hands-free driving features. After a comprehensive multi-year evaluation, this collaboration will introduce SAE Level 3 autonomous driving capabilities by 2028. The cutting-edge imaging radar is designed to enhance vehicle detection and object recognition under challenging conditions, such as fog, rain, and long-range scenarios, where traditional sensors might struggle. This development underscores Mobileye's growing influence in the autonomous vehicle tech sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for Mobileye Global Inc (MBLY, Financial) is $19.43 with a high estimate of $33.00 and a low estimate of $14.00. The average target implies an upside of 19.64% from the current price of $16.24. More detailed estimate data can be found on the Mobileye Global Inc (MBLY) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Mobileye Global Inc's (MBLY, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Mobileye Global Inc (MBLY, Financial) in one year is $28.01, suggesting a upside of 72.48% from the current price of $16.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Mobileye Global Inc (MBLY) Summary page.
