Why Mobileye (MBLY) Stock Continues To Soar Today

NEW YORK (TheStreet) -- Mobileye N.V.  (MBLY) stock continues to soar, up 10.23% to $47.43 in late afternoon, trading following a positive research note from Morgan Stanley (MS)  that said the stock could be worth $100 a share if it can keep close to its current 80% market share.

The developer of collision-avoidance technology is expected post its second quarter earnings Thursday morning in its first ever report as a public company.

Analysts estimate earnings of 5 cents per share on $33.1 million in revenue for the quarter.  

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MBLY Chart MBLY data by YCharts

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