Mobility Global (NYSE:MBGL) Issues Earnings Results

Key Points

• Second-quarter organic revenue grew about 7%, but B2B growth slowed to 4% amid weaker international automotive activity. Mobility Global lowered its 2026 revenue guidance to $1.87 billion–$1.885 billion.
• Profitability remained resilient: Adjusted EBITDA increased 7% to $202 million, while the margin expanded 40 basis points to 43.2%. The company reported quarterly EPS of $0.18.
• Mobility Global launched several products and announced its first quarterly dividend of $0.06 per share; analysts maintain a “Moderate Buy” consensus with an average price target of $23.50.

Mobility Global (NYSE:MBGL - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.18 EPS for the quarter, Zacks reports.

Here are the key takeaways from Mobility Global's conference call:

• Revenue growth fell short of expectations: Second-quarter organic revenue grew approximately 7%, with B2B growth slowing to 4% and softer international automotive activity weighing on transactional revenue.
• Mobility Global lowered its full-year 2026 revenue guidance to $1.87 billion–$1.885 billion, or 6.9%–7.7% growth, and expects adjusted EBITDA of $745 million–$760 million with roughly a 40% midpoint margin.
• Profitability remained strong: Second-quarter adjusted EBITDA rose 7% to $202 million, while the adjusted EBITDA margin expanded 40 basis points to 43.2% as the company managed costs and funded growth investments.
• The company launched CARFAX Homegrown, CARFAX Showroom, automotiveMastermind SMS offers, and CARFAX Germany, which management expects to improve dealer monetization, product adoption, and international expansion.
• Mobility Global announced its first quarterly dividend of $0.06 per share and highlighted opportunities from integrating its five businesses, including shared CARFAX and automotiveMastermind data, AI deployment, and faster expansion into new markets.

Mobility Global Price Performance

NYSE MBGL traded down $1.03 during trading hours on Friday, reaching $19.70. The company's stock had a trading volume of 10,921,215 shares, compared to its average volume of 10,710,625. Mobility Global has a 52 week low of $17.67 and a 52 week high of $26.00.

Mobility Global Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a $0.06 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%.

Analysts Set New Price Targets

Several analysts have issued reports on MBGL shares. Royal Bank Of Canada started coverage on shares of Mobility Global in a report on Thursday, July 2nd. They issued a "sector perform" rating and a $23.00 price target on the stock. Wall Street Zen raised shares of Mobility Global to a "hold" rating in a research note on Saturday, July 18th. Wolfe Research upgraded Mobility Global to a "strong-buy" rating in a research report on Monday, July 20th. Wells Fargo & Company reduced their target price on Mobility Global from $27.00 to $25.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, UBS Group set a $23.00 target price on Mobility Global in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $23.50.

Mobility Global Company Profile

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.

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