Oppenheimer and Tigress Financial Partners Stay Positive on Mobileye (MBLY)

Mobileye Global Inc. (NASDAQ:MBLY) is one of the 12 Best Stocks Under $10 to Invest In Right Now. On February 10, Oppenheimer reiterated an Outperform rating on Mobileye Global Inc. (NASDAQ:MBLY) after the company’s partnership with Mahindra & Mahindra was announced.

Mahindra & Mahindra has selected Mobileye Global Inc. (NASDAQ:MBLY) as a Tier 1 supplier. The company will deliver its SuperVision and Surround ADAS hands-free, eyes-on advanced driving assistance systems for at least six upcoming models, with production expected to begin in 2027. Oppenheimer noted that this deal confirms the strength of Mobileye Global Inc.’s (NASDAQ:MBLY) technology platform and shows its ability to support future-proof OEM technology roadmaps.

The research firm also pointed out that Mobileye Global Inc. (NASDAQ:MBLY) continues to position itself as a key partner for vehicle manufacturers that want to deliver autonomous and safety solutions in a cost-effective and timely manner.

Earlier, on January 29, Tigress Financial Partners also reiterated its Buy rating on Mobileye Global Inc. (NASDAQ:MBLY) with a price target of $25. The research firm pointed to the company’s increasing monetization of higher-value advanced driver assistance systems (ADAS).

Mobileye Global Inc. (NASDAQ:MBLY) is an autonomous driving company that develops advanced driver-assistance systems (ADAS) and autonomous driving technologies.

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