Lisa Cook sues Trump over firing attempt, emergency hearing set
Investing.com - Oppenheimer maintained its Outperform rating and $28.00 price target on Mobileye N.V (NASDAQ:MBLY) on Thursday, citing the company’s steady technology progress and customer engagement. Currently trading at $15.41, the stock sits below the average analyst target of $33.00, with InvestingPro data showing 11 analysts recently revising their earnings estimates upward.
The research firm noted that Mobileye exceeded Street expectations and raised guidance while demonstrating that customers are solidifying their technology ramp plans. Oppenheimer expressed encouragement regarding Mobileye’s gross margin trajectory and operating leverage, particularly considering pricing dynamics in China. The company maintains a healthy gross profit margin of 48.25% and strong liquidity with a current ratio of 7.64x, according to InvestingPro data.
Oppenheimer viewed management’s confirmation that technology development timelines remain intact as a positive indicator, especially when compared to challenges observed among competitors. The firm acknowledged increasing competition from third-party technology providers but maintained that Mobileye’s core technology leadership and potential for interoperability position the company favorably to meet OEM requirements.
Based on ongoing strength in demand, Oppenheimer raised its estimates for the second half of 2025. The firm also indicated that its 2026-2030 estimates might prove conservative given current customer engagement levels.
Mobileye specializes in advanced driver-assistance systems and autonomous driving technologies for the automotive industry, with its solutions being adopted by various global vehicle manufacturers. For deeper insights into Mobileye’s financial health, growth prospects, and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks.
In other recent news, Mobileye N.V reported second-quarter revenue of $506 million, surpassing both consensus estimates of $486 million and the company’s updated guidance of $504 million. Following these results, Mobileye has revised its fiscal 2025 revenue guidance upward to $1.79 billion from $1.75 billion, indicating 8% year-over-year growth. TD Cowen responded to Mobileye’s positive pre-announcement by raising its stock price target to $22, citing improved inventory dynamics. Canaccord Genuity also increased its price target for Mobileye to $30, maintaining a Buy rating based on long-term growth prospects. Conversely, Mizuho (NYSE:MFG) lowered its price target to $17, maintaining a Neutral rating due to near-term challenges. Similarly, BofA Securities adjusted its price target to $18, citing a revised outlook following preliminary results. BNP Paribas (OTC:BNPQY) Exane reiterated a Neutral rating with a $14 price target, expressing confidence in a potential stock rebound despite concerns over Intel (NASDAQ:INTC)’s secondary offering of Mobileye shares. These developments reflect varied analyst perspectives on Mobileye’s future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.