{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/mobileye-closing-on-35-billion-market-cap-after-doubling-its-valuation-in-three-mont/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Mobileye closing on $35 billion market cap after doubling its valuation in three mont","slug":"mobileye-closing-on-35-billion-market-cap-after-doubling-its-valuation-in-three-mont","createdLocal":"2023-02-07 14:30:57.263444","publishDate":"2023-02-06 06:30:00+00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.calcalistech.com/ctechnews/article/bj11cg5a2s"},"postSummary":{"childMarkdownRemark":{"html":"<p>Mobileye’s valuation of $16.7 billion when it went public last October was considered to be disappointing by many onlookers.\nMobileye has a market cap of over $34 billion entering trading on Monday, and a $50 billion valuation doesn’t look like a far-fetched dream any more.\n( Mobileye )Mobileye announced a couple of weeks ago that its forecast for fiscal 2023 revenue is higher than analysts' projections and delivered better-than-expected earnings in the fourth quarter.\nMobileye, majority owned by Intel, forecasts full-year 2023 revenue between $2.19 billion and $2.28 billion.\nRevenue jumped 59% to $565 million in the final quarter of 2022, beating analysts' estimate of $535.82 million.</p>"}}}},"pageContext":{"slug":"mobileye-closing-on-35-billion-market-cap-after-doubling-its-valuation-in-three-mont"}}}