Mobileye Gains Analyst Upgrade On 2025 Catalysts, But Profit Delays And Competition Keep Rating Neutral

Mobileye Global Inc MBLY stock surged after BofA Securities analyst John P. Babcock upgraded it from Underperform to Neutral and raised its price target from $12 to$19.Given the uncertainty on the growth and profit outlook, Babcock recalled his cautious stance. On that note, 2025 guidance provided during the fourth quarter was below BofA and consensus. However, it limits downside risk to estimates.Also Read: Warner Music Sees Lower Profit Margins, Signs Multi-Year Spotify DealThe analyst’s discussions with ...