< Back to all clusters
[BUSINESS] · 2 sources

started · updated

Mobileye Global Shares Remain Stable Amid Mixed Analyst Ratings and Institutional Moves

HSBC Holdings PLC cut its stake in Mobileye Global Inc. by 75.4%, selling 167,845 shares and ending the quarter with 54,908 shares valued at about $376,000. Other investors such as IFP Advisors Inc, Rhumbline Advisers, Northwestern Mutual Wealth Management, Financial Management Professionals and Leonteq Securities added new positions worth between $26,000 and $33,000.

Analyst coverage of Mobileye Global produced an overall "Hold" consensus from 25 firms. Ratings ranged from two sells, eleven holds, ten buys and two strong buys. Price targets varied, with the highest at $13.00 (Needham & Company) and the lowest at $8.00 (Jefferies and Mizuho). Recent upgrades include Piper Sandler moving the stock to "overweight" and Needham reaffirming a "buy" stance, while UBS and Goldman Sachs kept neutral outlooks.

Entities

Goldman Sachs Group · HSBC Holdings plc · IFP Advisors Inc · Mobileye Global Inc. · Piper Sandler