Needham & Company LLC Reaffirms Buy Rating for Mobileye Global (NASDAQ:MBLY)

Mobileye Global (NASDAQ:MBLY)‘s stock had its “buy” rating reissued by Needham & Company LLC in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $13.00 price target on the stock. Needham & Company LLC’s price target would indicate a potential upside of 74.03% from the stock’s current price.

MBLY has been the subject of a number of other research reports. Canaccord Genuity Group decreased their price target on shares of Mobileye Global from $24.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Weiss Ratings upgraded shares of Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 8th. Royal Bank Of Canada lifted their price objective on shares of Mobileye Global from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Zacks Research upgraded shares of Mobileye Global from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, BNP Paribas Exane dropped their target price on Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.57.

Mobileye Global Price Performance

MBLY stock opened at $7.47 on Friday. The business’s 50-day moving average is $9.40 and its two-hundred day moving average is $9.02. The firm has a market capitalization of $6.29 billion, a P/E ratio of -1.48 and a beta of 1.16. Mobileye Global has a 1 year low of $6.47 and a 1 year high of $17.12.

Mobileye Global (NASDAQ:MBLY) last announced its quarterly earnings data on Friday, July 24th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. Mobileye Global had a positive return on equity of 0.33% and a negative net margin of 203.97%.The business had revenue of $508.00 million during the quarter, compared to the consensus estimate of $482.20 million. During the same period in the previous year, the company posted ($0.08) earnings per share. The business’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts expect that Mobileye Global will post -0.09 EPS for the current year.

Mobileye Global announced that its Board of Directors has initiated a share repurchase plan on Thursday, April 23rd that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to repurchase up to 3.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its holdings in shares of Mobileye Global by 6.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,068 shares of the company’s stock valued at $168,000 after acquiring an additional 957 shares during the period. Sei Investments Co. increased its holdings in shares of Mobileye Global by 2.5% in the 2nd quarter. Sei Investments Co. now owns 45,080 shares of the company’s stock valued at $811,000 after acquiring an additional 1,090 shares during the period. Cresset Asset Management LLC raised its position in Mobileye Global by 6.3% in the 3rd quarter. Cresset Asset Management LLC now owns 18,819 shares of the company’s stock valued at $266,000 after purchasing an additional 1,110 shares during the last quarter. Greenfield Seitz Capital Management LLC boosted its stake in Mobileye Global by 5.5% during the 4th quarter. Greenfield Seitz Capital Management LLC now owns 26,939 shares of the company’s stock worth $281,000 after purchasing an additional 1,393 shares during the period. Finally, IFP Advisors Inc grew its position in Mobileye Global by 465.7% during the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after purchasing an additional 1,495 shares during the last quarter. Hedge funds and other 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: Mobileye reported Q2 2026 adjusted EPS of $0.19, well above the $0.06 consensus estimate, and revenue of $508 million also topped expectations. Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Positive Sentiment: The company raised its full-year outlook after the quarter, signaling management sees continued momentum in the core business and improved profitability ahead. Mobileye raises full-year outlook after second-quarter earnings beat
• Positive Sentiment: Management said the core business remained strong and highlighted upcoming product launches in late 2026 and 2027, which could support longer-term growth in ADAS and autonomous driving. Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Neutral Sentiment: Mobileye announced a planned leadership transition: founder and CEO Amnon Shashua will step down once a successor is named, and the board has started a search. This may create short-term uncertainty, though Shashua will remain involved during the transition. Mobileye Announces Planned Leadership Transition
• Neutral Sentiment: Several recaps from Reuters, Yahoo Finance, and Zacks reinforced the same themes: earnings beat, stronger guidance, and the CEO exit announcement. Mobileye founder Shashua plans to step down as CEO

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.