Mobileye Global (NASDAQ:MBLY) Reaches New 12-Month Low on Analyst Downgrade

Key Points

• Mobileye shares hit a new 52-week low of $6.28 after TD Cowen downgraded the stock from “buy” to “hold” and set a $7 price target.
• Despite the downgrade, Mobileye’s third-quarter adjusted EPS of $0.11 and revenue of $492 million exceeded analyst expectations, while management raised its 2026 revenue outlook to approximately $2.008 billion.
• Analyst sentiment remains cautious: the stock carries a consensus “Hold” rating, with an average price target of $10.83, while revenue declined 2.4% year over year and the company posted a $67 million GAAP net loss.

Mobileye Global Inc. (NASDAQ:MBLY - Get Free Report)'s share price hit a new 52-week low during trading on Friday after TD Cowen downgraded the stock from a buy rating to a hold rating. TD Cowen now has a $7.00 price target on the stock. Mobileye Global traded as low as $6.28 and last traded at $6.3150, with a volume of 94,376 shares changing hands. The stock had previously closed at $6.41.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. lowered their price target on Mobileye Global from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Mobileye Global in a report on Friday, October 2nd. Morgan Stanley reduced their price target on shares of Mobileye Global from $10.00 to $9.00 and set an "equal weight" rating on the stock in a research report on Thursday, October 15th. The Goldman Sachs Group dropped their target price on Mobileye Global from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 6th. Finally, Royal Bank Of Canada lowered Mobileye Global from a "sector perform" rating to an "underperform" rating and reduced their price target for the stock from $7.00 to $5.00 in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $10.83.

Insider Transactions at Mobileye Global

In other Mobileye Global news, Director Safroadu Yeboah-Amankwah purchased 11,841 shares of the company's stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average price of $8.46 per share, with a total value of $100,174.86. Following the completion of the transaction, the director directly owned 84,336 shares of the company's stock, valued at approximately $713,482.56. This trade represents a 16.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 10.00% of the stock is owned by company insiders.

Key Stories Impacting Mobileye Global

Here are the key news stories impacting Mobileye Global this week:

• Positive Sentiment: Third-quarter results beat expectations. Mobileye reported adjusted earnings of $0.11 per share versus the $0.10 consensus estimate, while revenue of $492 million exceeded expectations of approximately $476.8 million. Earnings also improved from $0.09 per share in the year-earlier quarter. Mobileye Global Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue guidance was raised. Mobileye increased the midpoint of its 2026 revenue outlook to about $2.008 billion, with a narrower range of $1.995 billion to $2.020 billion. Management cited stronger-than-expected SuperVision deliveries and memory-cost pass-through. Mobileye Raises 2026 Revenue Outlook
• Positive Sentiment: Operational metrics showed improvement. EyeQ chip shipments increased 11% through the third quarter, while gross margin expanded to 53% from 48% a year ago. The company generated $303 million in operating cash flow during the first nine months, and its GAAP operating loss narrowed year over year. Mobileye Reports Q3 Revenue and Raises Outlook
• Negative Sentiment: TD Cowen downgraded MBLY from “buy” to “hold.” The firm assigned a $7 price target, signaling limited upside from the current trading level and adding to investor caution despite the raised outlook.
• Negative Sentiment: Growth remains uneven. Third-quarter revenue fell 2.4% year over year to $492 million, and Mobileye posted a $67 million GAAP net loss. Needham retained a “buy” rating but cut its price target sharply from $13 to $9, suggesting analysts see longer-term potential but reduced near-term confidence. Mobileye Q3 Earnings Flash

Institutional Investors Weigh In On Mobileye Global

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of 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 valued at $24,634,000 after purchasing an additional 705,400 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Mobileye Global by 6.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,586,131 shares of the company's stock valued at $19,112,000 after acquiring an additional 166,392 shares during the last quarter. Bank of America Corp DE raised its holdings in Mobileye Global by 5.8% in the 1st quarter. Bank of America Corp DE now owns 2,036,548 shares of the company's stock valued at $13,991,000 after buying an additional 111,215 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in shares of Mobileye Global in the third quarter valued at about $9,074,000. Finally, First Trust Advisors LP grew its stake in Mobileye Global by 27.7% during the first quarter. First Trust Advisors LP now owns 1,152,499 shares of the company's stock worth $7,918,000 after purchasing an additional 249,921 shares during the period. 13.25% of the stock is owned by institutional investors and hedge funds.

Mobileye Global Stock Performance

The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of -1.27, a P/E/G ratio of 2.28 and a beta of 1.25. The business has a 50 day moving average of $7.74 and a two-hundred day moving average of $8.58.

Mobileye Global (NASDAQ:MBLY - Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.70%. The firm had revenue of $492.00 million during the quarter, compared to analyst estimates of $476.78 million. During the same quarter in the prior year, the business posted $0.09 EPS. The business's revenue was down 2.4% compared to the same quarter last year. On average, equities analysts predict that Mobileye Global Inc. will post 0.11 EPS for the current fiscal year.

About Mobileye Global

Mobileye Global Inc NASDAQ: MBLY develops advanced driver-assistance systems and autonomous driving technologies for vehicle manufacturers worldwide. Founded in 1999 and headquartered in Jerusalem, Israel, the company provides computer-vision and artificial-intelligence solutions designed to improve vehicle safety and support automated driving.

Its product portfolio includes EyeQ system-on-chips, camera-based driver-assistance features, and software for functions such as automatic emergency braking, lane-keeping assistance, adaptive cruise control, and traffic-sign recognition.

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