Stock Performance and Market Reaction - Mobileye's stock lost more than half its value last year due to sales pressure from customers carrying excess inventory and a broader industry slowdown in China and Europe [2] - The stock fell 7.7% to $15.65 on Friday and declined 28% over the week amid a broader downturn for U S stocks [2] - Investors were unimpressed by the company's presentation at the CES consumer electronics trade show, leading to a significant drop in share value [8] Technical Analysis and Key Price Levels - The stock's relative strength index (RSI) fell from overbought conditions to below the 50 threshold in less than a week [3] - Crucial support levels to watch are around $15, $12, and $10.50, with a major overhead area near $24 [4][10] - A breakdown below the ascending channel's lower trendline and 50-day MA could see the shares decline to around $15 [10] - Selling below $15 could bring the $12 level into play, with further downside potentially triggering a fall to $10.50 [7] Industry and Company Developments - The company faced challenges due to uncertainty surrounding global self-driving regulations [2] - CEO Amnon Shashua's address at CES did not provide updates on commercial wins, disappointing investors after promising driving assistance technology was unveiled in December [5] - The stock has trended higher within an orderly ascending channel since mid-September but recently found significant resistance near the pattern's upper trendline and the 200-day moving average [6]

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This hidden gem stock could power the autonomous driving future.Autonomous driving is improving rapidly and one company could supply chips and software for tens of millions of vehicles around the world. That company is Mobileye (MBLY -10.51%) and Travis Hoium gives an overview of the company's potential in the video below.*Stock prices used were end-of-day prices of Jan. 7, 2025. The video was published on Jan. 8, 2025. ...

Investors interested in Automotive - Original Equipment stocks are likely familiar with Continental AG (CTTAY) and Mobileye Global (MBLY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, ...

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Continental AG (CTTAY) and Mobileye Global (MBLY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphas ...

While Mobileye Global Inc. (NASDAQ: MBLY ) likely has a bright future in the auto tech sector, the company faces some tough headwinds over the next year, or so. The stock has run too much off the recent $10Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time ale ...

Mobileye's (NASDAQ: MBLY ) share price has rebounded somewhat in recent weeks on the back of Q3 results that demonstrated further sequential growth. While Mobileye is still navigating a challenging period, wrought by delayed adoption of more advanced solutions andRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved b ...

Investors interested in Automotive - Original Equipment stocks are likely familiar with Continental AG (CTTAY) and Mobileye Global (MBLY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with ...

Mobileye Global Inc. NASDAQ: MBLY is a worldwide leader in the development of advanced driver assistance systems (ADAS), which are routinely found in modern electric vehicles (EVs) and internal combustion engine (ICE) vehicles. Their proprietary EyeQ system-on-chips (SoCs) primarily utilizes a vision-based modality using artificial intelligence (AI) to interpret the environment with cameras. Mobileye Global TodayMBLYMobileye Global$14.57 -1.00 (-6.42%) 52-Week Range$10.48▼$44.48Price Target$23.20Add to Watc ...

Mobileye Global Inc. (MBLY) reported third-quarter 2024 adjusted earnings per share of 10 cents, which beat the Zacks Consensus Estimate of 9 cents. However, earnings were lower than 22 cents per share recorded in the year-ago quarter.Total revenues amounted to $486 million, beating the Zacks Consensus Estimate of $482 million. However, the metric was down 8% year over year. This was primarily due to a 9% reduction in EyeQ volumes. The decrease stemmed from lower volumes shipped to China OEMs and a decline ...