Mizuho Lowers Mobileye Global (NASDAQ:MBLY) Price Target to $8.00

Mobileye Global (NASDAQ:MBLY) had its target price reduced by investment analysts at Mizuho from $9.00 to $8.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Mizuho’s price target would indicate a potential downside of 0.62% from the stock’s previous close.

Several other brokerages also recently issued reports on MBLY. TD Cowen lowered their price target on Mobileye Global from $11.50 to $9.00 and set a “buy” rating for the company in a report on Friday. Wall Street Zen upgraded Mobileye Global from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. BNP Paribas Exane decreased their price objective on Mobileye Global from $11.50 to $8.50 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $13.00 price objective on shares of Mobileye Global in a research report on Friday. Finally, Canaccord Genuity Group lowered their target price on Mobileye Global from $24.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $13.27.

Mobileye Global Stock Up 7.8%

Shares of NASDAQ MBLY opened at $8.05 on Friday. Mobileye Global has a twelve month low of $6.47 and a twelve month high of $15.81. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of -1.61 and a beta of 1.16. The company’s fifty day moving average is $9.36 and its 200-day moving average is $9.01.

Mobileye Global (NASDAQ:MBLY) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.13. The business had revenue of $508.00 million during the quarter, compared to analysts’ expectations of $480.51 million. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.66%. The firm’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) EPS. On average, research analysts anticipate that Mobileye Global will post -0.09 EPS for the current fiscal year.

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

Institutional Investors Weigh In On Mobileye Global

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

Key Stories 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

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.