Mobileye Global (NASDAQ:MBLY) Stock Gets Price Target Reduction from Needham & Company LLC

Mobileye Global (NASDAQ:MBLY) had its price target trimmed by Needham & Company LLC from $13.00 to $9.00 in a report published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently commented on MBLY. TD Cowen dropped their price target on Mobileye Global from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Royal Bank Of Canada downgraded Mobileye Global from a “sector perform” rating to an “underperform” rating and decreased their price objective for the company from $7.00 to $5.00 in a research report on Wednesday, October 21st. Canaccord Genuity Group lowered their price objective on Mobileye Global from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Tigress Financial dropped their target price on Mobileye Global from $25.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Piper Sandler upgraded Mobileye Global from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $10.00 to $12.00 in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $10.79.

Mobileye Global Stock Down 7.0%

MBLY stock opened at $5.96 on Thursday. Mobileye Global has a 52 week low of $5.76 and a 52 week high of $14.33. The firm has a market capitalization of $5.01 billion, a P/E ratio of -1.20, a price-to-earnings-growth ratio of 1.93 and a beta of 1.25. The company has a fifty day simple moving average of $7.68 and a two-hundred day simple moving average of $8.55.

Mobileye Global (NASDAQ:MBLY) last posted its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $476.78 million. During the same period in the previous year, the firm posted $0.09 EPS. The business’s quarterly revenue was down 2.4% on a year-over-year basis. As a group, analysts anticipate that Mobileye Global will post 0.12 EPS for the current year.

Insider Buying and Selling at Mobileye Global

In related news, Director Safroadu Yeboah-Amankwah bought 11,841 shares of the stock in a transaction dated Thursday, August 6th. The stock was purchased at an average cost of $8.46 per share, with a total value of $100,174.86. Following the completion of the purchase, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 10.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MBLY. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Mobileye Global by 24.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,585,733 shares of the company’s stock worth $24,634,000 after acquiring an additional 705,400 shares during the period. Assenagon Asset Management S.A. increased its position in Mobileye Global by 6.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,586,131 shares of the company’s stock valued at $19,112,000 after purchasing an additional 166,392 shares during the period. Bank of America Corp DE increased its position in Mobileye Global by 5.8% during 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 purchasing an additional 111,215 shares during the period. Counterpoint Mutual Funds LLC bought a new stake in shares of Mobileye Global in the 3rd quarter valued at about $9,074,000. Finally, First Trust Advisors LP raised its holdings in shares of Mobileye Global by 27.7% in the 1st quarter. First Trust Advisors LP now owns 1,152,499 shares of the company’s stock valued at $7,918,000 after purchasing an additional 249,921 shares in the last quarter. 13.25% of the stock is currently owned by institutional investors.

Mobileye Global News Summary

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.