On Wednesday, Needham analyst Quinn Bolton reiterated Mobileye Global Inc MBLY with a Buy and a $20 price target.Mobileye announced its first Surround ADAS design win with Volkswagen AG VWAGY and Valeo SE – ADR VLEEY as Tier 1.Bolton noted this as a step forward in the company’s monetization strategy.Also Read: Mobileye Gains Analyst Upgrade On 2025 Catalysts, But Profit Delays And Competition Keep Rating NeutralAccording to the analyst, surround ADAS provides OEMs with another step (at higher ASPs) towards ...

Shares of self-driving technology company Mobileye (MBLY 8.32%) were on the rise on Tuesday, up as much as 13.6%, before settling into a 8% gain as of 2:54 p.m. ET.Mobileye announced an upgraded collaboration with key customer Volkswagen (VWAGY 0.54%), which will implement Mobileye's new Surround ADAS (advanced driver-assistance system) into Volkswagen's MBQ modular vehicle platform for future self-driving use cases.Volkswagen is the second-largest automaker in the world, so the new announcement could perha ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41501 Mobileye Global Inc. (Exact name of registrant as specified in its charter) DE 88-0666433 (State or other jurisdiction of ...

Mobileye (MBLY 14.62%) stock is rocketing higher in Monday's trading. The machine vision specialist's share price was up 16.4% as of 1 p.m. ET amid a 0.6% increase for the S&P 500 index and a 1.1% gain for the Nasdaq Composite index.Mobileye's valuation is surging following a recent report from TechCrunch that signals a big win for the company. According to the report, Lyft will be launching self-driving taxis using Mobileye's technologies in the not-too-distant future.Mobileye stock rockets higher on Lyft' ...

Mobileye Global Inc MBLY stock surged after BofA Securities analyst John P. Babcock upgraded it from Underperform to Neutral and raised its price target from $12 to $19.Given the uncertainty on the growth and profit outlook, Babcock recalled his cautious stance. On that note, 2025 guidance provided during the fourth quarter was below BofA and consensus. However, it limits downside risk to estimates.Also Read: Warner Music Sees Lower Profit Margins, Signs Multi-Year Spotify DealThe analyst’s discussions with ...

Mobileye's (NASDAQ: MBLY ) stock price has come under pressure in recent weeks, after the company failed to provide meaningful updates at CES and subsequently gave weak guidance for 2025. While this could be an early sign of problems, it is not necessarily material. Mobileye'sRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can ...

Mobileye Global Inc. (MBLY) reported fourth-quarter 2024 adjusted earnings per share of 13 cents, which beat the Zacks Consensus Estimate of 12 cents. However, earnings were lower than 28 cents per share recorded in the year-ago quarter.Total revenues amounted to $490 million, beating the Zacks Consensus Estimate of $480 million. However, the metric was down 23% year over year. This was primarily due to a 20% reduction in EyeQ SoC volumes. The decrease stemmed from the previously disclosed significant inven ...

Mobileye Global reported mixed earnings results, with a notable decline in revenue but exceeding analyst expectations for revenue and earnings.Mobileye Global (MBLY 3.37%) is a leader in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technologies. On Jan. 30, 2025, it announced its earnings for the fourth quarter of 2024, showing signs of progress despite some challenges. Revenue for the quarter was $490 million, surpassing analyst projections of $478 million but marking a 23% decline ...

Mobileye Global (MBLY) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this maker of driver-assistance systems and autonomous driving technologies would post earnings of $0.09 per share when it actually produced earnings of $0.10, delivering ...

Exhibit 99.1 Mobileye Releases Fourth-Quarter and Full-Year 2024 Results and Provides Business Overview JERUSALEM – Jan. 30, 2025 – Mobileye Global Inc. (Nasdaq: MBLY) ("Mobileye") today released its financial results for the three months and for the year ended December 28, 2024. "I'm proud of our accomplishments in 2024. Against a challenging backdrop, we executed dozens of production program launches on- time for our customers and shipped the 200 millionth EyeQ system in our history. In 2024, while genera ...