Mobileye Global Inc. (MBLY) engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide.
The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a navigation and assisted driving solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management.
It also provides Mobileye Chauffeur, a generation solution; and Mobileye Drive, a self-driving system comprising of radar and lidar subsystems.
On January 26th, MBLY) reported Quarter December 2022 earnings of $0.27 per share on revenue of $565.0 million. The consensus earnings estimate was $0.18 per share on revenue of $536.2 million.
The company said it expects 2023 revenue of $2.19 billion to $2.28 billion. The prior revenue estimate was $2.21 billion for the year ending December 31, 2023. The company reports April 27th.
Entry Point: $44.00
Stop Loss: $41.50
Trading Range: $24.85 to $48.11
Target Price: $48.50