Are these two high-growth artificial intelligence (AI) stocks the next Nvidia? For much of the last two years, no trend has captivated the attention of investors quite like artificial intelligence (AI). The potential for AI-backed software and systems to learn over time without human intervention gives this technology the ability to improve productivity and alter consumer/enterprise consumption habits in most sectors and industries. It's why the researchers at PwC expect the global addressable market for AI ...

mikkelwilliam Mobileye Global Inc. (NASDAQ:MBLY) shares have reached new lows recently after publishing its 2Q24 earnings results. In this article, I look into the recent earnings published by Mobileye, the changing dynamics in China, and share what, I think, could help re-rate the stock to the upside. Data by YCharts I have written extensively about Mobileye on Seeking Alpha, which can be found here. I continue to be constructive on Mobileye as a contrarian play given how depressed both sentiment and valua ...

浦银国际研究 全球科技行业 首次覆盖 | --- | --- | --- | |--------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------| | | | | | | | 2024 年 9 月 9 日 | | | | | ...

gremlin Mobileye (NASDAQ:MBLY) reported its Q2 2024 results on August 1, beating expectations on EPS and revenue. Despite this seemingly better-than-expected performance, the stock nosedived almost 25% and is now down more than 60% this year. While there were some significant improvements in certain aspects compared to Q1, there are still too many uncertainties that might lead to the company's underperformance in the mid-term, especially in Mobileye's biggest market, China. Therefore, the stock remains a Ho ...

/ 4 0 Ethan Miller Investment Thesis Mobileye (NASDAQ:MBLY) remains the definite leader in advanced driver-assistance systems. As this market is moving towards more advanced systems (ultimately fully autonomous), the average price of its systems will continue to increase over time, leading to revenue growth far larger than any macro issues related to the overall (roughly flat) automotive industry. Background In previous coverage in February, Mobileye was called a top pick after its stock decline. Since then ...

Mobileye Global Inc. (MBLY) reported second-quarter 2024 adjusted earnings per share of 9 cents, which beat the Zacks Consensus Estimate of 8 cents. However, earnings came in lower than 17 cents per share recorded in the year-ago quarter. Total revenues amounted to $439 million, beating the Zacks Consensus Estimate of $427 million. However, the metric was down 3% year over year. This was primarily due to a 10% reduction in EyeQ SoC-related revenues. The decrease stemmed from Tier 1 customers using up their ...

Mobileye Global Inc. (NASDAQ:MBLY) Q2 2024 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Dan Galves - Chief Communications Officer Amnon Shashua - Chief Executive Officer & President Moran Shemesh - Chief Financial Officer Nimrod Nehushtan - Executive Vice President of Strategy & Business Development Conference Call Participants Ananda Baruah - Loop Capital Markets George Gianarikas - Canaccord Genuity Antoine Chkaiban - New Street Research Adam Jonas - Morgan Stanley Steven Fox - F ...

Mobileye (NASDAQ:MBLY) is one of the top-trending tickers on social media and business news websites, and MBLY stock is down about 20% today. The selloff was triggered by the firm's announcement of a reduction in its 2024 revenue guidance. On a positive note, Mobileye noted that its revenue had soared 84% last quarter compared with the first quarter. Mobileye's Guidance Reductions Mobileye cut its 2024 sales guidance to $1.6 billion to $1.8 billion from $1.83 billion to $1.96 billion. China's automakers hav ...

Earnings weren't bad, but the guidance isn't good. Shares of Mobileye Global (MBLY -18.76%) were trading sharply lower on Thursday, after the company cut its full-year revenue guidance on concerns about demand in China. As of 10:30 a.m. ET, Mobileye's shares were down about 20.3% from Wednesday's closing price. Earnings beat estimates but the outlook isn't rosy At first glance, Mobileye's second-quarter earnings were decent. The company reported adjusted earnings per share of $0.09 on revenue of $439 millio ...

Mobileye Global (MBLY) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of driver-assistance systems and autonomous driving technologies would post a loss of $0.06 per share when it actually produced a loss of $0.07, delivering a ...