Shares of Mobileye have moved -4.7% today, and are now trading at a price of $26.55. In contrast, the S&P 500 index saw a 0.1% change and the Dow Industrial Average posted a -0.1% performance. Today's trading volume is 467,745 compared to the stock's average volume of 1,667,271.
Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. Based in Jerusalem, Israel the company has 3,100 full time employees and a market cap of $21,417,193,472.
The company is now trading -36.79% away from its average analyst target price of $42 per share. The 10 analysts following the stock have set target prices ranging from $34 to $77, and on average give Mobileye a rating of buy.
Over the last year, MBLY shares have gone down by -1.3%, which represents a difference of 11.9% when compared to the S&P 500. The stock's 52 week high is $31.88 per share and its 52 week low is $24.85. Based on Mobileye's average gross margin growth of 1.2% over the last four years, its core business remains strong and the stock price may recover in the long term.