JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) has announced its participation in several investor events in the first quarter of 2025. These include the Barclays 42nd Annual Industrial Select Conference on February 20, the Canaccord Genuity 2025 Sustainability Virtual Summit on February 26, and the Raymond James 46th Annual Institutional Investors Conference on March 4. Mobileye intends to stream its discussions online when feasible, with specific times to be confirmed.
Intel (NASDAQ: INTC) shares are rising in Monday's trading session. By 2 p.m. ET, the semiconductor company's stock had increased by 4%. Meanwhile, the S&P 500 and Nasdaq Composite were up 0.7% and 1.1%, respectively.
Mobileye (MBLY 14.90%) shares are soaring in Monday's trading session. By 1 p.m., the stock price of the machine vision company had increased by 16.4%.
Mobileye's stock price has fallen recently because of disappointing predictions for 2025 and few significant updates on its advanced products. The success of SuperVision, Chauffeur, and Drive is crucial for Mobileye's future growth. If Mobileye doesn't show progress with its advanced products soon, its stock price may face more challenges.
Mobileye Global (MBLY) reported quarterly earnings of $0.13 per share, which is higher than the Zacks Consensus Estimate of $0.12 per share. In comparison, the company earned $0.28 per share during the same period last year.
Mobileye Global Inc. (NASDAQ:MBLY) will hold its Q4 2024 results conference call on January 30, 2025, at 8:00 AM ET. The call will feature key company leaders, including Dan Galves, Amnon Shashua, Moran Shemesh, and Nimrod Nehushtan. Various analysts from firms like Wolfe Research, UBS, and Goldman Sachs will also participate in the discussion.
Mobileye Global (MBLY 3.75%) is a top company in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technologies. On January 30, 2025, it reported its earnings for the fourth quarter of 2024, indicating progress even though it faced some difficulties.
Mobileye's short interest on NASDAQ: MBLY is still quite high, which could lead to a price squeeze. With a short interest rate of 20%, any positive news could significantly boost the stock's value. There are expectations that good news may arrive in 2025.
Investors interested in automotive original equipment stocks may have come across Continental AG (CTTAY) and Mobileye Global (MBLY). The question is, which of these two stocks provides better value for investors at this moment?
This week, Mobileye Global (MBLY) saw its shares drop by over 25% after investors were not satisfied with the company's presentation at the CES consumer electronics trade show.