TD Cowen analyst Joshua Buchalter maintains $Mobileye Global (MBLY.US)$ with a buy rating, and maintains the target price at $19.
According to TipRanks data, the analyst has a success rate of 28.8% and a total average return of -11.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mobileye Global (MBLY.US)$'s main analysts recently are as follows:
The firm has recognized a positive stabilization in results and guidance after significant reductions earlier this year. Ongoing progress with key customer engagements is encouraging, yet the demonstration of additional tangible wins with advanced products and further signs of a stable core-ADAS are critical.
The recent third-quarter update from Mobileye was considered relatively uneventful, offering investors a moment of ease. The attractive long-term risk/reward dynamic is recognized due to the significant earnings potential anticipated post-2026, with recent accolades serving as the primary impetus for better near-term momentum.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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