Tag Archives: mbly

Mobileye Stock Hits Sell-Off On Self-Driving Car Idea

Connected-car stock Mobileye (MBLY) gapped down Thursday in high volume as short-seller Citron Research targeted the maker of advanced driver-assistance systems. Citron announced from its Twitter (TWTR) account Wednesday that it was setting a short-term target on the stock at 25 and called it worse than Ambarella (AMBA). The latter company is a chipmaker to the likes of action-camera company GoPro (GPRO). Ambarella stock has fallen 45% from a July

Short-Seller Eyes Mobileye After Hitting Ambarella

After breaking Ambarella (AMBA) and GoPro (GPRO), short-seller Citron Research now has its eye on Mobileye (MBLY). Citron tweeted on Wednesday that it has set a short-term price target on Mobileye at 25. It also said that the maker of driver-assistance systems is “worse than” Ambarella, which has seen its share price decline nearly 50% in the last six weeks. Citron issued a bearish report last November on GoPro, which uses Ambarella’s chips in its

Mobileye Stock Down, But Long-Term Earnings Superior

Top-rated Mobileye (MBLY) is the king of driver-assistance systems, and it’s at the forefront of the auto industry push to develop autonomous, self-driving cars. Today’s Screen Of The Day is Top Fundamentals, stocks with three-year earnings per share and revenue growth rates of 25% or higher. They’re sorted by strongest three-year EPS growth rate, and further winnowed to those with the highest EPS percentage change in the most recent quarter.