MBLY bullish for the new year
Key Stats
12-Month Analyst Price Target: $23.14 (+28.79% upside)
Market Cap: 14.55B
P/E Ratio: ~70 (reflecting high-growth expectations)
Q4 Earnings Date: Scheduled for mid-February 2025
Technical Reasons for Upside
Strong Support Zone: $17-$17.50 is showing repeated resilience. Buyers clearly live here; they're probably camping.
Golden Cross Incoming: The 50-day moving average is climbing toward the 200-day, setting up the classic "golden cross" signal for trend continuation.
Momentum Surge: RSI is rebounding from oversold levels, and bullish volume is outpacing selloffs.
Fundamental Reasons for Upside
Growth Tailwinds: Revenue jumped 35% YoY last quarter, powered by China's recovering auto market and growing demand for ADAS (advanced driver-assistance systems).
Strategic Partnerships: Lyft and Mobileye are teaming up to roll out autonomous vehicle services. Expect hype to grow as more press rolls out on this.
Wall Street Love: Analysts maintain a "Buy" consensus, with price targets averaging $23.14. High potential upside with manageable risk—rare these days.
Potential Paths to Profit
Lowest Risk: Buy shares at market price. Hold until $21.22, then evaluate for continuation.
Options Play: Buy January 2025 $18 calls, currently priced around $1.25. Upside is magnified if the stock hits $21+.
Short-Term Swing: Buy at support ($17-$17.50). Stop-loss at $16.75 to limit risk if this falls apart.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
12-Month Analyst Price Target: $23.14 (+28.79% upside)
Market Cap: 14.55B
P/E Ratio: ~70 (reflecting high-growth expectations)
Q4 Earnings Date: Scheduled for mid-February 2025
Technical Reasons for Upside
Strong Support Zone: $17-$17.50 is showing repeated resilience. Buyers clearly live here; they're probably camping.
Golden Cross Incoming: The 50-day moving average is climbing toward the 200-day, setting up the classic "golden cross" signal for trend continuation.
Momentum Surge: RSI is rebounding from oversold levels, and bullish volume is outpacing selloffs.
Fundamental Reasons for Upside
Growth Tailwinds: Revenue jumped 35% YoY last quarter, powered by China's recovering auto market and growing demand for ADAS (advanced driver-assistance systems).
Strategic Partnerships: Lyft and Mobileye are teaming up to roll out autonomous vehicle services. Expect hype to grow as more press rolls out on this.
Wall Street Love: Analysts maintain a "Buy" consensus, with price targets averaging $23.14. High potential upside with manageable risk—rare these days.
Potential Paths to Profit
Lowest Risk: Buy shares at market price. Hold until $21.22, then evaluate for continuation.
Options Play: Buy January 2025 $18 calls, currently priced around $1.25. Upside is magnified if the stock hits $21+.
Short-Term Swing: Buy at support ($17-$17.50). Stop-loss at $16.75 to limit risk if this falls apart.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
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