Royal Bank Of Canada Lowers Mobileye Global (NASDAQ:MBLY) Price Target to $7.00

Mobileye Global (NASDAQ:MBLY) had its price target dropped by research analysts at Royal Bank Of Canada from $10.00 to $7.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential downside of 13.04% from the company’s previous close.

Several other research analysts have also recently weighed in on the company. UBS Group boosted their target price on Mobileye Global from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Jefferies Financial Group assumed coverage on Mobileye Global in a research report on Monday, May 18th. They set an “underperform” rating and a $8.00 price objective on the stock. Weiss Ratings raised Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. BNP Paribas Exane lowered their price objective on Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Finally, Zacks Research upgraded Mobileye Global from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $13.27.

Mobileye Global Trading Up 7.8%

MBLY opened at $8.05 on Friday. 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 twelve month low of $6.47 and a twelve month high of $15.81. The firm’s 50-day moving average price is $9.36 and its 200 day moving average price is $9.01.

Mobileye Global (NASDAQ:MBLY) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.13. The company 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%. Mobileye Global’s revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.08) EPS. As a group, analysts predict that Mobileye Global will post -0.09 earnings per share for the current fiscal year.

Mobileye Global declared that its board has authorized a stock repurchase plan on Thursday, April 23rd that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 3.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Mobileye Global

Hedge funds and other institutional investors have recently made changes to their positions in the company. Two Sigma Investments LP raised its position in shares of Mobileye Global by 131.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,383,735 shares of the company’s stock valued at $61,898,000 after buying an additional 2,493,181 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position 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. Engineers Gate Manager LP grew its position in Mobileye Global by 140.9% in the fourth quarter. Engineers Gate Manager LP now owns 3,577,407 shares of the company’s stock worth $37,348,000 after acquiring an additional 2,092,250 shares during the period. DNB Asset Management AS increased its stake in Mobileye Global by 23.1% during the fourth quarter. DNB Asset Management AS now owns 3,506,480 shares of the company’s stock worth $36,608,000 after acquiring an additional 658,585 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Mobileye Global by 65.5% during the third quarter. Vanguard Group Inc. now owns 3,065,586 shares of the company’s stock worth $43,286,000 after acquiring an additional 1,213,448 shares during the last quarter. Institutional investors and hedge funds own 13.25% of the company’s stock.

Trending Headlines about 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.