Mobileye Global (NASDAQ:MBLY) Given New $9.00 Price Target at TD Cowen

Mobileye Global (NASDAQ:MBLY) had its target price reduced by TD Cowen from $11.50 to $9.00 in a research note released on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms have also recently weighed in on MBLY. Weiss Ratings raised shares of Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. BNP Paribas Exane decreased their price objective on Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. UBS Group increased their price objective on Mobileye Global from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada cut their target price on Mobileye Global from $10.00 to $7.00 and set a “sector perform” rating for the company in a research note on Friday. Finally, Jefferies Financial Group assumed coverage on Mobileye Global in a research note on Monday, May 18th. They issued an “underperform” rating and a $8.00 price target on the stock. Two research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mobileye Global has a consensus rating of “Hold” and an average target price of $13.27.

Mobileye Global Price Performance

Shares of NASDAQ:MBLY opened at $8.05 on Friday. The business’s 50 day moving average price is $9.36 and its 200-day moving average price is $9.01. The firm has a market capitalization 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 issued its earnings results on Thursday, July 23rd. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.13. Mobileye Global had a positive return on equity of 0.66% and a negative net margin of 201.49%.The business had revenue of $508.00 million for the quarter, compared to analysts’ expectations of $480.51 million. During the same period in the previous year, the firm posted ($0.08) EPS. The business’s revenue for the quarter was up .4% compared to the same quarter last year. As a group, analysts expect that Mobileye Global will post -0.09 earnings per share for the current year.

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

Institutional Investors Weigh In On Mobileye Global

Institutional investors have recently modified their holdings of the company. IFP Advisors Inc raised its holdings 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 buying an additional 1,495 shares during the period. Rhumbline Advisers purchased a new stake in Mobileye Global during the first quarter worth about $27,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Mobileye Global during the second quarter worth about $31,000. Financial Management Professionals Inc. acquired a new stake in shares of Mobileye Global during the fourth quarter worth about $32,000. Finally, Leonteq Securities AG purchased a new position in shares of Mobileye Global in the fourth quarter valued at approximately $33,000. 13.25% of the stock is owned by institutional investors and hedge funds.

Key Mobileye Global News

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

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.