Mobileye Global (MBLY) Stock

Investors interested in the Automotive - Original Equipment sector may want to look at Continental AG (CTTAY) or Mobileye Global (MBLY). However, which of these two stocks is more appealing to value investors?

Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). If you purchased Mobileye securities before January 26, 2023, and still own them, you are invited to find out more and help with the investigation by visiting the firm's website: bgandg.com/MBLY.

Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). If you purchased Mobileye securities before January 26, 2023, and still own them, you are invited to find out more and help with the investigation by visiting the firm's website: bgandg.com/MBLY.

Mobileye has a promising future, but it is currently facing challenges, including stagnant sales growth until 2025 and significant problems in China affecting its revenue. The company is moving from basic ADAS technology to more advanced products like EyeQ6 High and SuperVision, but this transition is taking time. While Mobileye's financial situation is strong, with almost 70% gross margins and $1.4 billion in cash, its stock is considered fully valued at this point.

JERUSALEM--(BUSINESS WIRE)--Mobileye has released an updated press kit that showcases new multimedia materials focusing on the company's main technologies, self-driving solutions, and worldwide reach. This updated kit features high-quality images, infographics, and b-roll footage that give a detailed overview of Mobileye's advanced offerings and activities. Notable visuals include pictures of Mobileye's modern headquarters and vehicles fitted with the Mobileye Su technology.

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) will hold a Capital Markets Day (CMD) on December 9th and 10th, 2024, in Munich, Germany. This event aims to highlight Mobileye's technology, strategic goals, and business advancements. Attendees can expect live demonstrations of the EyeQ®5-based SuperVisionTM system in production cars and the DriveTM system in robotaxi vehicles, along with detailed presentations about Mobileye's technology.

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) has announced its participation in several investor events in the fourth quarter of 2024. These include the Baird 2024 Global Industrial Conference on November 14 and the Barclays 15th Annual Global Automotive and Mobility Tech Conference on November 21. Mobileye intends to stream its discussions online when feasible, with specific times to be shared as the events approach.

Mobileye Global Inc. (NASDAQ: MBLY) is a leading company in creating advanced driver assistance systems (ADAS) that are commonly used in both electric vehicles (EVs) and traditional internal combustion engine (ICE) vehicles. They use their unique EyeQ system-on-chips (SoCs) that mainly rely on vision technology and artificial intelligence (AI) to understand the surroundings through cameras.

Mobileye has announced that its Q3 earnings were higher than anticipated and is predicting revenues for 2024 to be between $1.62 and $1.66 billion, which is slightly adjusted from the previous estimate of $1.60 to $1.68 billion.