From Nasdaq: 2025-01-22 09:00:00

Short interest in Mobileye (NASDAQ: MBLY) remains high at 20%, setting up the stock for a potential squeeze with good news expected in 2025. Automakers are integrating more driver-assist and autonomous technology, with Mobileye’s EyeQ system well-positioned for growth.

Analysts are bullish on Mobileye’s long-term potential, with increasing coverage and price targets suggesting double-digit growth in 2025. The company is expected to see revenue and earnings growth accelerate over the next few years, despite concerns about valuation in 2025. Institutional interest in the stock is positive, with buying momentum outweighing selling.

Mobileye’s Chauffeur platform, set to launch commercially in 2026, offers a full-stack operating system for autonomous driving. The system’s scalability and customization, along with Mobileye’s REM platform, allow for easy deployment of AVs worldwide. Geofencing features set Chauffeur apart in the AV market.

The technical outlook for Mobileye shows a potential bottom being hammered out, with support levels being tested and strong volume indicating market strength. Critical support is near $14, with sideways trading expected until signs of traction in results are seen. A move below $14 could lead to new lows, but sideways action is more likely.



Read more at Nasdaq:: Mobileye’s High Short Interest Signals Squeeze Potential