Top 9 Trending AI News Updates Investors Should Not Miss

4. Mobileye Global Inc. (NASDAQ:MBLY)

Number of Hedge Fund Holders: 33

Mobileye Global Inc. (NASDAQ:MBLY) designs and markets hardware and software solutions for driver-assistance systems (ADAS) and autonomous driving technologies for better mobility infrastructure and hands-off driving facilitated by new-age safety features like real-time detection of road users, geometry, and marking.

On February 10th, Bank of America analyst John Murphy upgraded Mobileye Global Inc. (NASDAQ:MBLY) to “Neutral” from “Underperform” and raised the stock price target to $19 from $12. The brokerage stated that despite 2025 guidance remaining below consensus estimates, downside risk to estimates is limited. The analyst highlighted potential 2025 catalysts from contract wins with several automakers in the later stages of contract negotiations for its AI-powered SuperVision system, Surround advanced driver-assistance systems (ADAS), and autonomous driving technologies.