Company Update (NYSE:MBLY): Mobileye NV Schedules Its Fourth Quarter And Fiscal 2015 Financial Results Release For Wednesday, February 24, 2016
Mobileye NV (NYSE:MBLY), the global leader in Advanced Driver Assistance Systems and autonomous driving technologies, announced that it intends to release its financial results for the fourth quarter and fiscal year ended December 31, 2015 on Wednesday, February 24, 2016 at approximately 7:00 a.m. EST. (Original Source)
Shares of Mobileye NV Amsterdam closed yesterday at $24.93. MBLY has a 1-year high of $64.48 and a 1-year low of $23.57. The stock’s 50-day moving average is $33.09 and its 200-day moving average is $45.15.
On the ratings front, Mobileye has been the subject of a number of recent research reports. In a report issued on January 25, Barclays analyst Brian Johnson maintained a Buy rating on MBLY, with a price target of $50, which implies an upside of 100.6% from current levels. Separately, on January 22, Deutsche Bank’s Rod Lache maintained a Buy rating on the stock and has a price target of $72.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Brian Johnson and Rod Lache have a total average return of -5.8% and 10.2% respectively. Johnson has a success rate of 44.7% and is ranked #3034 out of 3560 analysts, while Lache has a success rate of 62.0% and is ranked #206.
Overall, one research analyst has assigned a Hold rating and 7 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $59.67 which is 139.4% above where the stock closed yesterday.
Mobileye NV is engaged in the design and development of software and related technologies for camera-based Advanced Driver Assistance Systems.