How to Buy Mobileye Global Stock
Mobileye Global Inc
Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide.
Mobileye Global stock last closed at $41.69, down 2.27% from the previous day, and has increased 49.59% in one year. It has overperformed other stocks in the Auto Parts industry by 0.59 percentage points. Mobileye Global stock is currently +52.1% from its 52-week low of $27.41, and -13.34% from its 52-week high of $48.11.
There are currently 806.15M MBLY shares outstanding. The market value of MBLY is $33.61B. In the past 24 hours, 2.27M MBLY shares were traded.
How to Buy Mobileye Global Stock
Wondering how to invest in Mobileye Global stock? Here's how.
- Choose where to buy Mobileye Global stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Mobileye Global stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your details.
- Research Mobileye Global stock: The Mobileye Global ticker symbol is MBLY. Is Mobileye Global stock a good investment? Should you buy shares of MBLY? How do MBLY's underlying business fundamentals look? Do top analysts think Mobileye Global is a good buy? Why has MBLY's stock price moved recently? (Hint: Our stock market research website can help you evaluate if MBLY is a good stock to buy).
- Execute your MBLY trade: Decide if you will purchase MBLY shares at the current market price or use a limit order to buy MBLY shares at a given price.
- Keep tabs on your investment in MBLY: Create a watchlist to monitor your investment in Mobileye Global shares.
Step 1: Choose where to buy Mobileye Global stock
You will need an online brokerage account in order to access the NASDAQ market and buy MBLY stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in MBLY stock today.
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Step 3: Put funds into your investment account
Now that you have finished signing up on our top ranked stock trading app, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Research Mobileye Global stock
After you have chosen the best place to buy Mobileye Global stock, it's critical to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.
Mobileye Global Metrics
MBLY Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on MBLY's stock page.
Is MBLY stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge MBLY's intrinsic value.
Using relative valuations metrics:
- MBLY may be overvalued based on its P/B ratio of 2.26x, relative to Auto Parts industry P/B ratio of 1.97x
You can do more valuation analysis on MBLY's stock here.
A look at MBLY Cashflows and Balance Sheet
Passed Health Checks:
- MBLY's operating cash flow of $436.00M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the MBLY balance sheet.
- MBLY profit margin has gone up from -9.9% to -3% in the past year.
- MBLY has a low debt to equity ratio of 0.04.
- There are more short-term assets than long-term liabilities on the MBLY balance sheet.
Failed Health Checks:
- MBLY earnings of -$30.00M is not sufficient to cover its interest payments.
Is MBLY stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 sell side analysts who give ratings on MBLY, the consensus analyst rating on Mobileye Global is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Latest MBLY Analyst Forecasts
Joseph Spak, a bottom 1% analyst from UBS initiates coverage on MBLY with a strong buy rating and announces their MBLY price target of $48.00, on Sep 13, 2023.
Joshua Buchalter, a bottom 26% analyst from TD Cowen maintains MBLY with a buy rating and lowers their MBLY price target from $48.00 to $45.00, on Jul 28, 2023.
George Gianarikas, a bottom 7% analyst from Canaccord Genuity maintains MBLY with a strong buy rating and raises their MBLY price target from $50.00 to $55.00, on Jul 28, 2023.
Canaccord Genuity's George Gianarikas raised their price target on Mobileye Global Inc (NASDAQ: MBLY) by 10.00% from $50.00 to $55.00 on 2023/07/28. The analyst maintained their Strong Buy rating on the stock.
Results were "solid" and management raised 2023 profitability guidance [detailed below] based on forecasted lower Opex, the analyst summarized after reviewing the company's Q2 2023 print published on 2023/07/27.
Footnotes
For Q2 2023, Mobileye reported:
- EPS of $0.17, which beat the Zacks Consensus Estimate of $0.13 but missed Q2 2022’s $0.21 by 20%.
- Revenue of $454M, which beat the Zacks Consensus Estimate of $453M but missed Q2 2022’s $460M by 1%.
- Operating income of $140M.
Management guided for FY 2023:
- Revenue of $2.07B to $2.11B.
- Operating income of 600M to 631M.
CEO Amnon Shashua commented, “The business again performed well in Q2.
“Operating margin improved as compared to Q1 2023 despite relatively consistent revenue and we’re positioned well for the increased revenue growth in 2H 2023 indicated in our guidance.
“Future business highlights of the quarter included tangible evidence of the depth of our relationship with VW Group and an expansion of meaningful engagements for our advanced portfolio to 9 large OEMs.
“VW Group’s engagement across our entire product portfolio is quite encouraging as it underlines the scalability and flexibility of Mobileye’s technology platform and is a template we are pursuing with other key customers.”
Chris McNally, a bottom 14% analyst from Evercore ISI Group maintains MBLY with a buy rating and raises their MBLY price target from $42.00 to $50.00, on Jun 13, 2023.
Luke Junk, a top 28% analyst from Baird maintains MBLY with a buy rating and raises their MBLY price target from $47.00 to $50.00, on May 31, 2023.
You can dive deeper into what analysts are forecasting on the Mobileye Global stock forecast page.
MBLY Technical Indicators
MBLY Performance Numbers
Last year, MBLY revenue was $2.01B. In the past one years, MBLY's revenue has grown by 20.9% per year. This was faster than the Auto Parts industry average of 10.34%.
Learn more about MBLY's earnings and revenue performance here.
Are MBLY insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at MBLY have sold more shares than they have bought.
Claire C. McCaskill, Director of MBLY, was the latest MBLY insider to buy. They bought $1,000,009.59 worth of MBLY stock on Oct 31, 2023.
Learn more about who owns MBLY shares here.
Does MBLY stock generate passive income?
No, Mobileye Global doesn't provide an income stream by paying out dividends.
Get opinions from other traders
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Step 5: Execute your MBLY trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and eToro will place your order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in MBLY
Now that you own some shares in MBLY, you'll want to stay up-to-date on your new investment.
Make a watchlist to track your MBLY stock.
MBLY Feed
How to Buy Stock in Mobileye Global
To summarize, here are the 6 steps to buy Mobileye Global stock:
- Choose where to buy Mobileye Global stock
- Open your brokerage account
- Put funds into your investment account
- Research Mobileye Global stock
- Execute your MBLY trade
- Keep tabs on your investment in MBLY
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Mobileye Global, add MBLY to your watchlist below.
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