Mobileye Global (NASDAQ:MBLY) Trading 7.4% Higher After Earnings Beat

Mobileye Global Inc. (NASDAQ:MBLY) was up 7.4% during trading on Friday following a better than expected earnings announcement. The company traded as high as $7.92 and last traded at $8.0230. 1,880,407 shares traded hands during trading, a decline of 75% from the average session volume of 7,517,602 shares. The stock had previously closed at $7.47.

The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.06 by $0.13. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.66%. The business had revenue of $508.00 million during the quarter, compared to analyst estimates of $480.51 million. During the same period in the prior year, the business earned ($0.08) earnings per share. The business’s quarterly revenue was up .4% on a year-over-year basis.

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

Key Headlines 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

Analyst Upgrades and Downgrades

MBLY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their target price on Mobileye Global from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Friday. Needham & Company LLC reiterated a “buy” rating and issued a $13.00 target price on shares of Mobileye Global in a research note on Friday. Jefferies Financial Group started coverage on shares of Mobileye Global in a research report on Monday, May 18th. They set an “underperform” rating and a $8.00 target price on the stock. Wall Street Zen raised Mobileye Global from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, UBS Group upped their price target on Mobileye Global from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.27.

Institutional Investors Weigh In On Mobileye Global

Several hedge funds have recently modified their holdings of the business. Dynamic Advisor Solutions LLC grew its stake in shares of Mobileye Global by 6.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,068 shares of the company’s stock worth $168,000 after acquiring an additional 957 shares during the last quarter. Sei Investments Co. boosted its holdings in Mobileye Global by 2.5% in the 2nd quarter. Sei Investments Co. now owns 45,080 shares of the company’s stock valued at $811,000 after purchasing an additional 1,090 shares during the period. Cresset Asset Management LLC grew its position in Mobileye Global by 6.3% in the 3rd quarter. Cresset Asset Management LLC now owns 18,819 shares of the company’s stock worth $266,000 after purchasing an additional 1,110 shares during the last quarter. Greenfield Seitz Capital Management LLC grew its position in Mobileye Global by 5.5% in the 4th quarter. Greenfield Seitz Capital Management LLC now owns 26,939 shares of the company’s stock worth $281,000 after purchasing an additional 1,393 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Mobileye Global by 465.7% during the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after purchasing an additional 1,495 shares during the period. 13.25% of the stock is owned by institutional investors.

Mobileye Global Trading Up 7.8%

The firm’s fifty day moving average price is $9.36 and its 200-day moving average price is $9.01. The company has a market cap of $6.77 billion, a P/E ratio of -1.61 and a beta of 1.16.

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.