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.
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"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.
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