Barclays Keeps Their Buy Rating on Mobileye Global, Inc. Class A (MBLY)
In a report released on March 27, Dan Levy from Barclays maintained a Buy rating on Mobileye Global, Inc. Class A, with a price target of $14.00. The company’s shares closed last Friday at $6.73.
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Levy covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Rivian Automotive, and Aptiv. According to TipRanks, Levy has an average return of 0.6% and a 38.57% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mobileye Global, Inc. Class A with a $14.88 average price target.
Based on Mobileye Global, Inc. Class A’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $446 million and a GAAP net loss of $127 million. In comparison, last year the company earned a revenue of $490 million and had a GAAP net loss of $71 million
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