Needham & Company LLC Reaffirms “Buy” Rating for Mobileye Global (NASDAQ:MBLY)

Mobileye Global (NASDAQ:MBLY)‘s stock had its “buy” rating reaffirmed by Needham & Company LLC in a report released on Friday,Benzinga reports. They currently have a $13.00 target price on the stock. Needham & Company LLC’s target price would suggest a potential upside of 61.49% from the company’s previous close.

A number of other equities analysts have also issued reports on MBLY. Jefferies Financial Group began coverage on shares of Mobileye Global in a research report on Monday, May 18th. They set an “underperform” rating and a $8.00 price target for the company. JPMorgan Chase & Co. dropped their price objective on shares of Mobileye Global from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Royal Bank Of Canada increased their price objective on shares of Mobileye Global from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research note on Monday, July 13th. Barclays reduced their target price on shares of Mobileye Global from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Finally, UBS Group boosted their target price on shares of Mobileye Global from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Mobileye Global currently has an average rating of “Hold” and an average target price of $13.27.

Mobileye Global Stock Up 7.8%

Shares of NASDAQ:MBLY opened at $8.05 on Friday. Mobileye Global has a 52-week low of $6.47 and a 52-week 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 business has a 50-day moving average price of $9.36 and a 200-day moving average price of $9.01.

Mobileye Global (NASDAQ:MBLY) last released its earnings results on Thursday, July 23rd. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. The firm had revenue of $508.00 million during the quarter, compared to the consensus estimate of $480.51 million. Mobileye Global had a positive return on equity of 0.66% and a negative net margin of 201.49%.The company’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.08) earnings per share. As a group, equities analysts anticipate that Mobileye Global will post -0.09 EPS for the current fiscal year.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MBLY. Two Sigma Investments LP raised its position in shares of Mobileye Global by 131.9% in the third quarter. Two Sigma Investments LP now owns 4,383,735 shares of the company’s stock worth $61,898,000 after acquiring an additional 2,493,181 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Mobileye Global by 24.5% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,585,733 shares of the company’s stock valued at $24,634,000 after acquiring an additional 705,400 shares during the period. Engineers Gate Manager LP increased its stake in shares of Mobileye Global by 140.9% in the 4th quarter. Engineers Gate Manager LP now owns 3,577,407 shares of the company’s stock valued at $37,348,000 after purchasing an additional 2,092,250 shares in the last quarter. DNB Asset Management AS increased its stake in shares of Mobileye Global by 23.1% in the 4th quarter. DNB Asset Management AS now owns 3,506,480 shares of the company’s stock valued at $36,608,000 after purchasing an additional 658,585 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Mobileye Global by 65.5% in the 3rd quarter. Vanguard Group Inc. now owns 3,065,586 shares of the company’s stock worth $43,286,000 after purchasing an additional 1,213,448 shares during the period. Hedge funds and other institutional investors own 13.25% of the company’s stock.

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

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.