Mobileye Global (NASDAQ:MBLY) Posts Earnings Results, Beats Expectations By $0.13 EPS

Mobileye Global (NASDAQ:MBLY) issued its quarterly earnings data on Friday. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13, Briefing.com reports. 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 for the quarter, compared to analysts’ expectations of $482.20 million. During the same quarter in the prior year, the firm posted ($0.08) EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis.

Mobileye Global Price Performance

Shares of NASDAQ:MBLY traded up $0.84 on Friday, hitting $8.31. The company’s stock had a trading volume of 5,371,300 shares, compared to its average volume of 7,537,460. The company has a 50-day simple moving average of $9.40 and a 200 day simple moving average of $9.02. Mobileye Global has a 1 year low of $6.47 and a 1 year high of $15.81. The company has a market capitalization of $6.99 billion, a PE ratio of -1.65 and a beta of 1.16.

Analysts Set New Price Targets

A number of research analysts have weighed in on MBLY shares. Canaccord Genuity Group reduced their target price on Mobileye Global from $24.00 to $17.00 and set a “buy” rating for the company in a report on Friday, April 24th. Wall Street Zen raised shares of Mobileye Global from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Needham & Company LLC restated a “buy” rating and issued a $13.00 price objective on shares of Mobileye Global in a research report on Friday. BNP Paribas Exane reduced their price objective on shares of Mobileye Global from $11.50 to $8.50 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Finally, Berenberg Bank lowered shares of Mobileye Global from a “buy” rating to a “hold” rating and set a $10.80 target price on the stock. in a report on Thursday, May 21st. Two equities research 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 given a Sell rating to the company’s stock. According to MarketBeat, Mobileye Global presently has an average rating of “Hold” and an average target price of $13.43.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MBLY. Guggenheim Capital LLC purchased a new stake in Mobileye Global in the fourth quarter valued at approximately $121,000. Magnetar Financial LLC purchased a new position in Mobileye Global in the 4th quarter worth approximately $178,000. Northwestern Mutual Wealth Management Co. grew its stake in Mobileye Global by 45.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 8,694 shares of the company’s stock worth $91,000 after buying an additional 2,737 shares in the last quarter. Quarry LP bought a new position in shares of Mobileye Global in the 3rd quarter worth $60,000. Finally, Blair William & Co. IL bought a new position in shares of Mobileye Global in the 3rd quarter worth $149,000. 13.25% of the stock is currently owned by institutional investors.

Mobileye Global declared that its Board of Directors has authorized a share repurchase program on Thursday, April 23rd that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 3.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

More Mobileye Global News

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

• Positive Sentiment: Mobileye beat Q2 estimates, reporting adjusted EPS of $0.19 versus $0.06 expected and revenue of $508 million versus $482.2 million expected, helped by a $93 million Israeli R&D tax credit that boosted profitability and margins. Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Positive Sentiment: The company raised its full-year outlook after the earnings beat, reinforcing confidence that core business momentum remains intact heading into new product launches later in 2026 and 2027. Mobileye raises full-year outlook after second-quarter earnings beat (NASDAQ: MBLY)
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $13 price target, signaling Wall Street still sees meaningful upside from current levels. Benzinga report on Needham rating
• Neutral Sentiment: Mobileye’s Q2 earnings call and earnings highlights focused on strong profit growth despite relatively flat revenue, suggesting the company is improving efficiency even as top-line growth remains modest. Mobileye Global Inc (MBLY) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Shashua’s planned exit after nearly three decades introduces uncertainty around execution and leadership continuity, especially as Mobileye pushes deeper into robotaxis, robotics, and other capital-intensive initiatives. Mobileye founder Shashua plans to step down as CEO
• Negative Sentiment: Some analysts remain cautious, arguing that despite the earnings beat, the leadership transition and added robotaxi risk make the stock harder to own at this stage. Mobileye’s 15% Drop: Why I’m Still Not Buying This Robotaxi Play

Mobileye Global Company Profile

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.