MBLY Loop Capital, a financial services firm, raised its price target for Mobileye N.V. (NASDAQ:MBLY) shares to $23.00, up from the previous $20.00, while maintaining a Buy rating on the stock.
INTC why does my gut continue to say "Yes" to this company? Did you all know INTC owns the majority stake of MBLY? Mobileye was just awarded a contract with Honda for autonomous driving. As of September 2024, Intel stated it has no plans to sell its stake in the company. MBLY has a current "Buy" rating, and the stock is climbing. I think TSLA will lead the pack in terms of autonomous driving, but it's not the only player--I think MBLY will be the runner-up.