Mobileye Global’s (MBLY) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC reissued their buy rating on shares of Mobileye Global (NASDAQ:MBLY) in a report published on Friday morning,Benzinga reports. The brokerage currently has a $13.00 target price on the stock.

MBLY has been the subject of a number of other reports. Royal Bank Of Canada raised their price objective on shares of Mobileye Global from $9.00 to $10.00 and gave the stock a “sector perform” rating in a report on Monday, July 13th. Mizuho increased their price target on shares of Mobileye Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. lowered their price objective on Mobileye Global from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Weiss Ratings raised Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 8th. Finally, UBS Group boosted their target price on shares of Mobileye Global from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.27.

Mobileye Global Stock Performance

MBLY opened at $8.05 on Friday. The stock’s 50 day simple moving average is $9.36 and its 200-day simple moving average is $8.99. The stock has a market cap of $6.77 billion, a PE ratio of -1.61 and a beta of 1.16. Mobileye Global has a 1 year low of $6.47 and a 1 year high of $15.81.

Mobileye Global (NASDAQ:MBLY) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.70%. The firm had revenue of $508.00 million for the quarter, compared to the consensus estimate of $480.51 million. The business’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.08) earnings per share. Equities analysts forecast that Mobileye Global will post -0.09 earnings per share for the current fiscal year.

Mobileye Global announced that its board has authorized a share repurchase program on Thursday, April 23rd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to reacquire up to 3.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On Mobileye Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of Mobileye Global in the 2nd quarter worth $31,000. IFP Advisors Inc increased its stake in shares of Mobileye Global by 465.7% in the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock valued at $26,000 after acquiring an additional 1,495 shares during the last quarter. Rhumbline Advisers acquired a new stake in shares of Mobileye Global in the 1st quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new stake in shares of Mobileye Global in the 4th quarter valued at approximately $32,000. Finally, Leonteq Securities AG acquired a new position in Mobileye Global during the fourth quarter valued at approximately $33,000. 13.25% of the stock is owned by institutional investors.

Key Headlines Impacting Mobileye Global

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

• Positive Sentiment: Mobileye reported strong second-quarter results, with EPS of $0.19 beating estimates of $0.06 and revenue of $508 million coming in above expectations, helped by an R&D incentive grant and stronger shipments. Article Title
• Positive Sentiment: The company also raised its 2026 outlook, which signals management confidence in continued operating momentum and may help support the stock. Article Title
• Positive Sentiment: Needham reaffirmed its buy rating and maintained a $13 price target, suggesting meaningful upside from current levels. Article Title
• Neutral Sentiment: TD Cowen lowered its price target to $9 from $11.50 but kept a buy rating, indicating optimism remains despite a more cautious valuation view. Article Title
• Neutral Sentiment: JPMorgan and Mizuho both cut targets and stayed at neutral, while RBC lowered its target to $7 and kept a sector perform view, reflecting divided analyst sentiment after the earnings update. Article Title
• Negative Sentiment: Founder and CEO Amnon Shashua’s planned exit is creating uncertainty around leadership at a time when Mobileye is pushing deeper into robotaxis and robotics, increasing execution risk. Article Title
• Negative Sentiment: A Seeking Alpha commentary argued the stock’s selloff reflects concerns that the leadership transition and robotaxi strategy add risk despite the earnings beat and higher guidance. Article Title

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.