Mobileye Global (NASDAQ:MBLY – Get Free Report) had its price target decreased by Canaccord Genuity Group from $24.00 to $17.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 83.49% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. Wolfe Research lowered shares of Mobileye Global from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lowered their price target on shares of Mobileye Global from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. BNP Paribas Exane lowered their price target on shares of Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a research note on Wednesday. Needham & Company LLC lowered their price target on shares of Mobileye Global from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. Finally, Morgan Stanley lowered their price target on shares of Mobileye Global from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Mobileye Global presently has an average rating of “Hold” and a consensus target price of $14.55.
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Mobileye Global Price Performance
Mobileye Global (NASDAQ:MBLY – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Mobileye Global had a negative net margin of 20.70% and a positive return on equity of 0.21%. The firm had revenue of $558.00 million for the quarter, compared to analyst estimates of $519.34 million. During the same period in the previous year, the business earned $0.08 EPS. The company’s revenue was up 27.4% compared to the same quarter last year. Equities analysts expect that Mobileye Global will post -0.03 EPS for the current fiscal year.
Mobileye Global declared that its board has authorized a stock repurchase program on Thursday, April 23rd that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. MAI Capital Management increased its stake in shares of Mobileye Global by 22.2% during the 3rd quarter. MAI Capital Management now owns 4,400 shares of the company’s stock worth $62,000 after purchasing an additional 800 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in shares of Mobileye Global by 6.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 16,068 shares of the company’s stock worth $168,000 after purchasing an additional 957 shares during the last quarter. Sei Investments Co. increased 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 worth $811,000 after purchasing an additional 1,090 shares during the last quarter. Cresset Asset Management LLC increased its stake in shares of Mobileye Global by 6.3% during the 3rd quarter. Cresset Asset Management LLC now owns 18,819 shares of the company’s stock worth $266,000 after purchasing an additional 1,110 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its stake in shares of Mobileye Global by 5.7% during the 3rd quarter. Perigon Wealth Management LLC now owns 22,164 shares of the company’s stock worth $313,000 after purchasing an additional 1,205 shares during the last quarter. 13.25% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Mobileye Global
Here are the key news stories impacting Mobileye Global this week:
- Positive Sentiment: Q1 beat and raised outlook — Mobileye reported Q1 adjusted EPS of $0.12 and revenue of $558M, topping estimates; the company modestly raised its 2026 revenue outlook, which drove optimism about near?term growth. Mobileye delivers earnings beat, raises full-year outlook
- Positive Sentiment: $250M share repurchase — the Board authorized repurchases of up to $250 million (about 3.8% of shares outstanding), signaling management confidence and supporting shares by reducing float. Mobileye Releases First Quarter 2026 Results, Updates Full-Year Outlook, and Announces a $250 Million Share Repurchase Program
- Positive Sentiment: Robotaxi progress highlighted — company commentary that its robotaxi ambitions “progressed significantly” reinforced long?term optionality and helped investor sentiment beyond the quarter’s numbers. Mobileye’s robotaxi ambitions have ‘progressed significantly,’ and the stock surges
- Positive Sentiment: Goldman Sachs raises price target — GS nudged its PT from $8.00 to $9.00 (maintaining a Neutral rating), a small endorsement that helps justify the rally. Benzinga
- Neutral Sentiment: Consensus “Hold” from analysts — 24 brokerages tracked by Marketbeat show a mix (10 buys, 12 holds, 1 sell), leaving the street’s aggregate stance cautious despite the beat. Mobileye Global Inc. Receives Consensus Recommendation of “Hold” from Analysts
- Negative Sentiment: BNP Paribas cuts price target — BNP Paribas Exane lowered its PT from $11.50 to $8.50 (still Neutral), which is a downward revision that can cap upside if other shops follow. Benzinga
About Mobileye Global
Mobileye Global Inc (NASDAQ: MBLY) is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye’s core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.
Founded in 1999 by Prof.
Further Reading
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