The software company could be worth $100 a share in a bull-case scenario, according to Morgan Stanley analyst Ravi Shanker. The company can reach those prices by 2020 if it can keep close to its current 80% market share, Shanker wrote.
The analyst also said that keeping its current pricing, "capitalizing on the aftermarket opportunity from insurance/regulatory support," and growing its market penetration in China would help Mobileye reach $100 a share.
Must Read: 50 Stocks Hedge Funds LoveSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. "These are not heroic assumptions - all a $100 price needs is for MBLY to hold its current position on the above factors. In the absence of credible new competition, we believe this is possible," Shanker wrote. MBLY data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.