Mbly stock price forecast with recent bullish candlestick

With recent bullish candlestick patterns, MBLY stock price forecast sees upside potential toward $ For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Mobileye Global insiders own about US$47m worth of shares. That equates to 0.2% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. Mobileye’s business will likely contract in Q4 2024 but is set up to revert to growth in 2025. The forecast is for a 15% or greater top-line advance and broader margins. Revenue growth is expected to accelerate for the next four years, topping nearly 45% annually in 2028. Earnings growth will be more robust, sustaining a hyper-growth pace above 50% for the same duration and then falling to a more sustainable 20% to 30% range for the next few years after that. The valuation is a slight concern in 2025, as the stock trades about 60x its earnings forecast, but there is value for long-term holders. Trading at $16, it is roughly 5x its 2030 earnings outlook, a forecast that is likely too low. Current MBLY stock price forecast shows a consolidation range between $28–$31, with technical support around $27.