Mobileye Global (NASDAQ:MBLY) Stock Price Target Lowered at Needham & Company LLC

Mobileye Global (NASDAQ:MBLY) had its price target dropped by research analysts at Needham & Company LLC from $13.00 to $9.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC‘s price target indicates a potential upside of 40.41% from the stock’s current price.

A number of other brokerages also recently weighed in on MBLY. Berenberg Bank upgraded Mobileye Global from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Monday, August 17th. Tigress Financial reduced their target price on shares of Mobileye Global from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Royal Bank Of Canada lowered Mobileye Global from a “sector perform” rating to an “underperform” rating and cut their target price for the company from $7.00 to $5.00 in a report on Wednesday, October 21st. Canaccord Genuity Group reduced their price target on Mobileye Global from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Finally, UBS Group decreased their price target on Mobileye Global from $9.00 to $7.50 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.88.

Mobileye Global Price Performance

Shares of Mobileye Global stock traded down $0.65 during trading on Thursday, hitting $6.41. The stock had a trading volume of 9,238,453 shares, compared to its average volume of 6,933,245. The business has a fifty day moving average of $7.79 and a two-hundred day moving average of $8.60. Mobileye Global has a fifty-two week low of $6.37 and a fifty-two week high of $14.33. The firm has a market cap of $5.38 billion, a P/E ratio of -1.28, a PEG ratio of 2.12 and a beta of 1.25.

Mobileye Global (NASDAQ:MBLY) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Mobileye Global had a positive return on equity of 0.70% and a negative net margin of 201.49%. The company had revenue of $492.00 million for the quarter, compared to analysts’ expectations of $476.78 million. During the same quarter in the prior year, the company earned $0.09 earnings per share. The firm’s revenue was down 2.4% on a year-over-year basis. As a group, research analysts forecast that Mobileye Global will post 0.11 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Safroadu Yeboah-Amankwah acquired 11,841 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average price of $8.46 per share, for a total transaction of $100,174.86. Following the completion of the acquisition, the director owned 84,336 shares of the company’s stock, valued at $713,482.56. This trade represents a 16.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 10.00% of the company’s stock.

Institutional Trading of Mobileye Global

A number of large investors have recently made changes to their positions in MBLY. Allworth Financial LP increased its position in Mobileye Global by 63.6% during the second quarter. Allworth Financial LP now owns 3,947 shares of the company’s stock worth $38,000 after acquiring an additional 1,535 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in Mobileye Global by 11.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 17,421 shares of the company’s stock valued at $169,000 after purchasing an additional 1,732 shares during the period. Triumph Capital Management grew its position in Mobileye Global by 7.1% during the second quarter. Triumph Capital Management now owns 30,988 shares of the company’s stock worth $300,000 after buying an additional 2,062 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Mobileye Global by 15.3% in the first quarter. Cetera Investment Advisers now owns 17,267 shares of the company’s stock worth $119,000 after purchasing an additional 2,286 shares during the period. Finally, Financial Management Professionals Inc. increased its stake in Mobileye Global by 176.4% in the third quarter. Financial Management Professionals Inc. now owns 4,231 shares of the company’s stock valued at $31,000 after acquiring an additional 2,700 shares during the last quarter. Institutional investors own 13.25% of the company’s stock.

Key Mobileye Global News

Here are the key news stories impacting Mobileye Global this week:

• Positive Sentiment: Q3 results exceeded expectations. Mobileye reported adjusted earnings of $0.11 per share, ahead of the $0.10 consensus estimate, while revenue of $492 million surpassed the roughly $477 million forecast. EPS also improved from $0.09 a year earlier. Earnings Flash: Mobileye Posts Q3 Adjusted EPS of $0.11
• Positive Sentiment: Full-year revenue guidance was raised. Mobileye increased the midpoint of its 2026 revenue outlook by $13 million and narrowed the range to $1.995 billion-$2.020 billion, citing stronger-than-expected SuperVision deliveries and memory-cost pass-through. Adjusted operating income guidance is $380 million-$420 million. Mobileye Reports Q3 Revenue and Raises 2026 Outlook
• Positive Sentiment: Profitability and cash generation improved. GAAP gross margin rose to 53% from 48% a year earlier, the operating loss narrowed to $82 million from $109 million, and operating cash flow reached $303 million for the first nine months.
• Neutral Sentiment: SuperVision momentum was a key bright spot: EyeQ and SuperVision revenue totaled $468 million, with 9.5 million systems shipped. Recent insider activity also showed purchases by two executives, although institutional positioning remained mixed.
• Negative Sentiment: Revenue still declined year over year. Q3 revenue fell 2.4% from $504 million, and Mobileye posted a $67 million GAAP net loss, or $0.08 per share. The ongoing losses and weak top-line growth appear to be offsetting the earnings beat and improved outlook. Mobileye Slides Despite Guidance Update

About Mobileye Global

Mobileye Global Inc (NASDAQ:MBLY) develops advanced driver-assistance systems and autonomous driving technologies for vehicle manufacturers worldwide. Founded in 1999 and headquartered in Jerusalem, Israel, the company provides computer-vision and artificial-intelligence solutions designed to improve vehicle safety and support automated driving.

Its product portfolio includes EyeQ system-on-chips, camera-based driver-assistance features, and software for functions such as automatic emergency braking, lane-keeping assistance, adaptive cruise control, and traffic-sign recognition.