Mobileye Global (NASDAQ:MBLY) Stock Dropped to Hold by TD Cowen

TD Cowen cut shares of Mobileye Global (NASDAQ:MBLY) from a buy rating to a hold rating in a research report released on Friday, MarketBeat Ratings reports. They currently have $7.00 target price on the stock, down from their prior target price of $8.00.

A number of other research firms have also weighed in on MBLY. Needham & Company LLC lowered their target price on Mobileye Global from $13.00 to $9.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. reduced their target price on shares of Mobileye Global from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Citigroup assumed coverage on shares of Mobileye Global in a research report on Friday, October 16th. They set a “buy” rating and a $11.00 price target for the company. Piper Sandler raised shares of Mobileye Global from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $10.00 to $12.00 in a report on Monday, July 27th. Finally, Royal Bank Of Canada downgraded Mobileye Global from a “sector perform” rating to an “underperform” rating and reduced their price target for the stock from $7.00 to $5.00 in a research report on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $10.79.

Mobileye Global Price Performance

Shares of Mobileye Global stock opened at $5.96 on Friday. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of -1.20, a PEG ratio of 2.07 and a beta of 1.25. The firm’s 50-day moving average is $7.68 and its two-hundred day moving average is $8.55. Mobileye Global has a 1 year low of $5.76 and a 1 year high of $14.33.

Mobileye Global (NASDAQ:MBLY) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Mobileye Global had a negative net margin of 201.25% and a positive return on equity of 0.64%. The firm had revenue of $492.00 million during the quarter, compared to analysts’ expectations of $476.78 million. During the same quarter in the prior year, the company earned $0.09 EPS. The company’s revenue was down 2.4% compared to the same quarter last year. On average, equities analysts expect that Mobileye Global will post 0.11 earnings per share for the current year.

Insider Activity at Mobileye Global

In related news, Director Safroadu Yeboah-Amankwah acquired 11,841 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were purchased at an average cost of $8.46 per share, with a total value of $100,174.86. Following the completion of the acquisition, the director directly owned 84,336 shares of the company’s stock, valued at $713,482.56. This represents a 16.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Mobileye Global by 24.5% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,585,733 shares of the company’s stock worth $24,634,000 after buying an additional 705,400 shares during the period. Assenagon Asset Management S.A. acquired a new stake in Mobileye Global during the 2nd quarter worth about $23,423,000. Bank of America Corp DE lifted its holdings in shares of Mobileye Global by 5.8% in the 1st quarter. Bank of America Corp DE now owns 2,036,548 shares of the company’s stock valued at $13,991,000 after buying an additional 111,215 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in shares of Mobileye Global in the third quarter worth about $9,074,000. Finally, First Trust Advisors LP grew its holdings in Mobileye Global by 27.7% during the first quarter. First Trust Advisors LP now owns 1,152,499 shares of the company’s stock worth $7,918,000 after acquiring an additional 249,921 shares during the period. 13.25% of the stock is 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: Mobileye raised the midpoint of its full-year 2026 revenue outlook to approximately $2.008 billion, with a narrower forecast range of $1.995 billion to $2.020 billion. The company cited stronger-than-expected SuperVision deliveries and memory-cost pass-through. Mobileye raises 2026 revenue outlook
• Positive Sentiment: Third-quarter adjusted EPS was $0.11, ahead of the $0.10 consensus estimate, while revenue of $492 million also exceeded expectations of $476.8 million. Adjusted operating income for 2026 is expected to be $380 million to $420 million. Mobileye Q3 earnings and revenues beat estimates
• Positive Sentiment: EyeQ chip shipments increased 11% through the first three quarters, and the company reported improved gross margin of 53% versus 48% a year earlier. Nine-month operating cash flow was $303 million.
• Neutral Sentiment: Needham maintained a Buy rating but cut its price target sharply from $13 to $9, reflecting continued long-term optimism but more cautious valuation assumptions. Needham Mobileye recommendations
• Negative Sentiment: TD Cowen downgraded Mobileye from Buy to Hold and lowered its target from $8 to $7. Goldman Sachs also reduced its target from $8 to $7 and maintained a Neutral rating. These moves signal limited confidence in near-term upside despite the target still implying potential appreciation. TD Cowen Mobileye recommendation
• Negative Sentiment: Revenue declined 2.4% year over year to $492 million, and Mobileye still posted a GAAP net loss of $67 million. The combination of declining revenue and continued losses is tempering the market’s reaction to the earnings beat.

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.