Current MBLY stock price forecast shows a consolidation range between $28–$31, with technical support around $27. Based on GuruFocus estimates, the estimated GF Value for Mobileye Global Inc ( NASDAQ:MBLY ) in one year is $0, suggesting a downside of -100% from the current price of $16.71. Several hedge funds have recently made changes to their positions in the company. Mystic Asset Management Inc. raised its stake in shares of Mobileye Global by 3.6% in the first quarter. Mystic Asset Management Inc. now owns 20,175 shares of the company's stock valued at $290,000 after buying an additional 700 shares during the period. Perigon Wealth Management LLC raised its stake in shares of Mobileye Global by 4.6% during the 1st quarter. Perigon Wealth Management LLC now owns 20,892 shares of the company's stock valued at $301,000 after purchasing an additional 914 shares during the period. Sei Investments Co. raised its stake in shares of Mobileye Global by 2.5% during the 2nd quarter. Sei Investments Co. now owns 45,080 shares of the company's stock valued at $811,000 after purchasing an additional 1,090 shares during the period. Creative Planning raised its stake in shares of Mobileye Global by 10.2% during the 2nd quarter. Creative Planning now owns 18,316 shares of the company's stock valued at $329,000 after purchasing an additional 1,693 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Mobileye Global during the 2nd quarter valued at $31,000. 13.25% of the stock is currently owned by institutional investors. Investor confidence builds as supply chain bottlenecks ease and delivery schedules normalize.