Volkswagen (VWAGY) & Mobileye to Work on Automated Driving [Yahoo! Finance]
Mobileye Global Inc. (MBLY)
US:NYSE Investor Relations:
ir.mobileye.com/investor-relations/default.aspx
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Source: Yahoo! Finance
The automaker is deepening its partnership with Mobileye Global Inc. MBLY in the domain of automated driving. Through their combined efforts, both companies will introduce new automated driving features to series production. MBLY will provide its SuperVision and Chauffeur platforms to enable partially and highly automated driving features. In the coming years, Volkswagen's Audi, Bentley, Lamborghini and Porsche brands will utilize these technologies to integrate new premium-oriented driving features into their respective model ranges, encompassing various powertrain configurations. These enhancements incorporate advanced assistance systems tailored for both highway and urban driving scenarios, including automated overtaking on multilane highways within designated parameters, automated halting at red lights and stop signs, and assistance in navigating intersections and roundabouts. Moreover, Mobileye will provide additional technology components for automated driving to Volkswagen
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MBLY
News
- Mobileye Global Inc. (NASDAQ: MBLY) had its price target raised by analysts at Piper Sandler from $31.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- Mobileye Global Inc. (NASDAQ: MBLY) had its price target raised by analysts at Canaccord Genuity Group Inc. from $31.00 to $37.00. They now have a "buy" rating on the stock.MarketBeat
- Mobileye Global Inc. (NASDAQ: MBLY) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $36.00 price target on the stock.MarketBeat
- Mobileye Global Inc. (NASDAQ: MBLY) had its price target raised by analysts at TD Cowen from $35.00 to $37.00. They now have a "buy" rating on the stock.MarketBeat
- Mobileye Global Inc. (NASDAQ: MBLY) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating. They now have a $25.00 price target on the stock, down previously from $26.00.MarketBeat
MBLY
Earnings
- 4/25/24 - Beat
MBLY
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- MBLY's page on the SEC website