Group 1 - Mobileye Global Inc. reported a 9% year-on-year decline in quarterly revenue to $446 million, exceeding analyst consensus estimates of $432.329 million [1] - EyeQ volumes decreased by 11% in the quarter due to demand-supply imbalances, resulting in tighter inventory levels at Tier 1 customers [1] - The adjusted EPS of 6 cents was in line with analyst consensus estimates [1] Group 2 - CEO Prof. Amnon Shashua stated the company's goal is to lead in Physical AI for autonomous vehicles and humanoid robotics, with a focus on cost-efficient, single-ECU hands-free systems and self-driving technology for commercial robotaxi services [2] - Mobileye anticipates fiscal 2026 revenue between $1.90 billion and $1.98 billion, compared to the analyst consensus estimate of $1.881 billion [2] Group 3 - Following the earnings announcement, Mobileye shares fell by 5.4% to $9.94 [3] - Analysts adjusted their price targets for Mobileye, with Needham lowering it from $18 to $16 while maintaining a Buy rating, Canaccord Genuity lowering it from $30 to $24 with a Buy rating, and RBC Capital lowering it from $14 to $13 while maintaining a Sector Perform rating [4]

Summary of Humanoid Sector Conference Call Industry Overview - The humanoid sector is entering 2026 with new players, products, and verified use cases, indicating a positive momentum for the industry [1][3] - The China humanoid volume forecast for 2026 has been raised significantly, reflecting rapid verification of new use cases across various industries such as battery, aviation, semiconductors, and logistics [7][8] Key Forecasts and Projections - The humanoid robot sales volume forecast for China in 2026 has been doubled from 14,000 units to 28,000 units, with business sales expected to lead this year [7][14] - A global humanoid component market model projects a revenue opportunity of US$780 billion by 2040, driven by significant internal production for training and verification [7][11] Major Developments and Trends - Major global companies are entering the humanoid market through acquisitions and new product launches, including: - Boston Dynamics launched its Atlas product at CES 2026, partnering with Google DeepMind [7][48] - Mobileye acquired Mentee Robotics for US$900 million, combining AI technology with humanoid robotics [7][42] - Qualcomm introduced the Dragonwing™ IQ10 robotics processor for humanoids [7][51] - The Optimus Gen 3 update from Tesla is anticipated to be a key catalyst for the sector, with significant implications for the China supply chain [7][8] Market Dynamics - The sector is experiencing fast cost deflation, with estimates indicating a 16% year-over-year decline in Bill of Materials (BoM) costs in China, despite rising specifications [8] - The first wave of consolidation is expected as integrators seek to find viable commercialization cases [8] Adoption and Use Cases - There is a strong willingness to adopt humanoid robots among organizations, with a significant percentage planning to launch pilot projects using wheel- or leg-based robots by 2026 [9][10] - The humanoid hype is evident, with numerous companies showcasing robots at CES 2026, particularly from China [8] Government and Policy Support - The Chinese government is actively promoting humanoid and embodied intelligence technologies, with policies aimed at accelerating their development and commercialization [62][66] - The Ministry of Industry and Information Technology (MIIT) is set to release guidelines to support the humanoid robot ecosystem [62][66] Investment and Funding Activity - Significant funding activity has been observed in the humanoid sector, with companies like Skild AI raising US$1.4 billion and Galbot achieving a US$3 billion valuation [42][48] - The number of transactions in the humanoid sector is increasing, indicating growing investor interest [41][42] Conclusion - The humanoid sector is poised for substantial growth in 2026, driven by technological advancements, increased investment, and supportive government policies. The upcoming developments, particularly from major players like Tesla and Boston Dynamics, will be critical in shaping the future landscape of the industry [1][7][8]

Core Insights - Mobileye Global Inc. is a leader in self-driving technology, known for its EyeQ system-on-chip, and competes with major tech companies in the autonomous vehicle sector [1] Financial Performance - Goldman Sachs set a price target of $12 for Mobileye, indicating a potential increase of 14.18% from the current trading price of $10.51 [2][6] - Mobileye reported adjusted earnings per share of $0.06, which fell short of the expected $0.24, leading to a 3% drop in share price [2][6] - The company's revenue for the quarter was $446 million, exceeding the forecast of $431.85 million, but represented a 9% decline from the previous year due to an 11% reduction in EyeQ system-on-chip volumes [3][6] - Mobileye's adjusted operating margin declined to 9% from 21% the previous year [4] Future Outlook - The company provided revenue guidance for fiscal year 2026, projecting between $1.9 billion and $1.98 billion, which is above the analyst consensus of $1.87 billion, suggesting potential growth of up to 5% year-over-year [4][6] Market Activity - Mobileye's stock has experienced volatility, recently decreasing by 3.40% to a price of $10.51, with a market capitalization of approximately $8.55 billion and a trading volume of 17.92 million shares [5]

In this article MBLY SPX DJIA INTC Coming into Thursday trading, Mobileye stock was down 36% over the past 12 months. (PATRICK T. FALLON/AFP via Getty Images) AI-trained humanoid robots couldn't save Mobileye's quarter. Shares are lower following disappointing financial guidance. ...

Core Viewpoint - Mobileye Global Inc. is a significant player in the advanced driver assistance systems (ADAS) and autonomous driving technologies sector, gaining traction with major automakers and facing competition from tech giants like Nvidia and Intel [1] Group 1: Stock Performance and Analyst Sentiment - The consensus price target for Mobileye's stock has shown an upward trend, with the average price target rising to $18.25 last month, reflecting positive analyst sentiment [2] - In the last quarter, the average price target was $17.36, indicating growing confidence in Mobileye's prospects due to impressive earnings surprises and strong performance history [3] - A year ago, the average price target was $17.55, showing a moderate increase over the year, supported by the company's advanced ADAS technology [4] Group 2: Earnings and Valuation - Mobileye is anticipated to surpass earnings estimates in its upcoming fourth-quarter report, with expected earnings of $0.06 per share and revenue of approximately $430 million [3] - The company's projected earnings per share (EPS) is expected to be between $0.60 and $0.80 by 2027, underscoring its potential for long-term growth [4] - Mobileye's stock is currently rated as a Strong Buy, with a 12-month price target increased to between $20 and $22, reflecting its attractive valuation [5] Group 3: Market Position and Growth Potential - Mobileye's technology is gaining significant traction with major automakers, highlighting its growth potential in the autonomous driving sector [6] - The company's forward price-to-earnings growth (PEG) ratio is well below one, trading at only 15 to 20 times its forward earnings, indicating an attractive valuation [5]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain best practices in content production and search engine optimization [5]

分组1 - Mobileye Global reported quarterly earnings of $0.06 per share, matching the Zacks Consensus Estimate, down from $0.13 per share a year ago [1] - The company posted revenues of $446 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 1.39%, but down from $490 million year-over-year [2] - Mobileye has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates four times [2] 分组2 - The stock has gained approximately 4.2% since the beginning of the year, outperforming the S&P 500's gain of 0.4% [3] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $474.21 million, and for the current fiscal year, it is $0.40 on $2 billion in revenues [7] - The Automotive - Original Equipment industry, to which Mobileye belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Data and Key Metrics Changes - Full-year 2025 revenue reached $1.9 billion, up 15% year-over-year, exceeding prior guidance of 6% growth at the midpoint [15][18] - Adjusted operating income for 2025 was $280 million, a 45% increase year-over-year, with a margin of 15%, up about 300 basis points compared to 2024 [15][18] - Operating cash flow increased by more than 50% in 2025 [4] Business Line Data and Key Metrics Changes - EyeQ volume for 2025 was 35.6 million units, surpassing the original expectation of 32 million-34 million units [16] - The fourth quarter saw EyeQ volume consistent with the high end of guidance at about 8.2 million units, with expectations of 10 million units shipped in Q1 2026 [17][18] - Higher-than-expected SuperVision units contributed to the positive revenue outlook [17] Market Data and Key Metrics Changes - Demand for products remained strong despite a challenging geopolitical environment, indicating resilience in the auto industry [4] - The company anticipates a decline of about 500,000 units for Chinese OEMs compared to 2025, which was slightly above 3 million units [19] Company Strategy and Development Direction - Mobileye is focusing on launching advanced products, including the EyeQ6 chip, and expanding into humanoid robotics through the acquisition of Mentee Robotics [5][7] - The company aims to leverage synergies between autonomous vehicles and robotics, emphasizing the importance of AI and simulation technologies [12][14] - The strategy includes a unique first-think, slow-think structure for advanced products to enhance precision and scalability [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about volume growth despite flat global auto production, with rising order flows for Q1 2026 [8][22] - The company is experiencing positive demand signals from customers and expects significant growth in next-gen higher ASP ADAS and robotaxi mobility [22] - Management acknowledged challenges related to currency appreciation impacting costs but noted effective hedging strategies in place [22][61] Other Important Information - The company is facing FX headwinds due to the appreciation of the Israeli shekel against the U.S. dollar, which raises headcount costs [22][61] - A non-recurring expense of $7 million related to workforce efficiency initiatives was recorded in Q4 2025 [16] Q&A Session Summary Question: Competitive environment and advanced autonomous solutions - Management believes they are closer to launching advanced products than competitors, with a strong advantage in technology maturity [25] Question: Differentiation for Mentee Robotics - Mentee's differentiation lies in its fully autonomous control, vertical integration, and ability to learn from passive observation [30] Question: Surround ADAS engagement with OEMs - The company has seen increased engagement with multiple OEMs, indicating a strong market need for Surround ADAS [39] Question: Mentee's customer interest post-announcement - Significant interest from customers for on-site pilots and proof of concepts has been observed since the CES announcement [42] Question: Pricing dynamics on EyeQ - Pricing is influenced by the mix of EyeQ products, with no significant changes expected, although a second chip at a lower price may impact overall ASP [99][100]

Financial Data and Key Metrics Changes - Full year 2025 revenue reached $1.9 billion, up 15% year-over-year, exceeding prior guidance of 6% growth at the midpoint [15][16] - Adjusted operating income for 2025 was $280 million, a 45% increase year-over-year, with a margin of 15%, up about 300 basis points compared to 2024 [15][16] - Operating cash flow increased by more than 50% [4] Business Line Data and Key Metrics Changes - EyeQ volume for 2025 was 35.6 million units, exceeding the original expectation of 32 to 34 million units, with a consistent demand trend of nine million units per quarter [16] - The fourth quarter saw higher-than-expected SuperVision units, contributing to a modest upside in guidance [17] Market Data and Key Metrics Changes - The company expects about 10 million EyeQ units shipped in Q1 2026, supporting an outlook of approximately 19% year-over-year growth in the first quarter [18] - For 2026, revenue guidance is in the range of $1.9 billion to $1.98 billion, representing flattish to 5% growth [18] Company Strategy and Development Direction - Mobileye is focusing on launching advanced products, including the EyeQ6 chip, and has secured major programs with two of the largest OEMs [5][6] - The acquisition of Mentee Robotics aims to expand into humanoid robotics, leveraging synergies between autonomous vehicles and robotics technologies [7][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about demand signals from customers and the execution progress ahead of numerous advanced product launches [22] - The geopolitical environment has not hindered demand, with the auto industry showing resilience [4] Other Important Information - The company is experiencing a foreign exchange headwind due to the appreciation of the Israeli shekel against the U.S. dollar, impacting headcount costs [22] - Operating expenses for 2025 were slightly above budget at $1.003 billion, with expectations of around $1.1 billion for 2026 [20][21] Q&A Session Questions and Answers Question: Competitive environment and announcements at CES - Management noted increased excitement around advanced solutions and believes they are closer to launching products than competitors, citing the maturity of their technologies [25][26] Question: Differentiation for Mentee Robotics - Mentee's differentiation lies in its fully autonomous control, vertical integration, and the ability to learn from passive observation, which is crucial for unstructured environments [28][30] Question: Surround data opportunities and OEM engagements - Management indicated a growing interest from multiple OEMs in surround data products, with two major OEMs already committed [38][40] Question: Mentee's commercialization timeline - Initial commercialization is expected to involve high double-digit units in 2026, with gradual expansion based on pilot results [77][78] Question: Pricing dynamics for EyeQ - Pricing is influenced by the mix of EyeQ products, with no significant changes expected, although a second EyeQ4 chip is being used in some vehicles as a temporary measure [100][101]

Financial Data and Key Metrics Changes - Full year 2025 revenue reached $1.9 billion, a 15% increase year-over-year, exceeding prior guidance of 6% growth at the midpoint [13] - Adjusted operating income for 2025 was $280 million, up 45% year-over-year, with a margin of 15%, an increase of approximately 300 basis points compared to 2024 [13][14] - Operating cash flow increased by more than 50% in 2025 [3] Business Line Data and Key Metrics Changes - EyeQ volume for 2025 was 35.6 million units, surpassing the original expectation of 32 to 34 million units, with a consistent demand trend of nine million units per quarter [14] - The fourth quarter saw higher-than-expected SuperVision units, contributing to a modest upside in guidance [15] Market Data and Key Metrics Changes - Demand for Mobileye's products remained strong despite a challenging geopolitical environment, indicating resilience in the auto industry [3] - The company expects about 10 million EyeQ units to be shipped in Q1 2026, supporting an outlook of approximately 19% year-over-year growth in the first quarter [15] Company Strategy and Development Direction - Mobileye is focusing on launching advanced products, including the EyeQ6 chip, and has secured major programs with two of the largest OEMs [4] - The acquisition of Mentee Robotics aims to expand into humanoid robotics, leveraging synergies between autonomous vehicles and robotics technologies [5][11] - The company is implementing a unique "fast-think, slow-think" structure to enhance the precision and scalability of its products [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about volume growth despite expectations of flat global auto production [6] - Positive demand signals from customers have been noted, with expectations for continued growth in 2026 [19] - The company is cautious about the short-term visibility into order flow, particularly with Chinese OEMs, but remains encouraged by growth trends [17] Other Important Information - The company is experiencing foreign exchange headwinds due to the appreciation of the Israeli shekel against the U.S. dollar, impacting headcount costs [19] - Operating expenses for 2025 were slightly above budget at $1.003 billion, with expectations of around $1.1 billion in 2026, driven by normal inflation and Mentee R&D expenses [18] Q&A Session Summary Question: Competitive environment in advanced autonomous solutions - Management believes they are closer to launching advanced products than competitors, with proven technologies and a strong market position [22] Question: Differentiation for Mentee Robotics - Mentee's strength lies in its fully autonomous control, vertical integration, and ability to learn from passive demonstrations, setting it apart from competitors [25][26] Question: Engagement with OEMs for surround data - The company has seen increased interest from multiple OEMs, with two major design wins already secured, indicating a strong market demand [32][33] Question: Near-term pricing dynamics on EyeQ - Pricing is influenced by the mix of EyeQ generations, with no significant changes expected, although a second EyeQ chip at a lower price may impact overall ASP [81] Question: Updates on Porsche and VW programs - The SuperVision program for Porsche and Audi is expected to start in Q1 2027, with no significant volume expected in 2026 [57] Question: Memory supply chain concerns - Management is actively working with Tier 1 customers to ensure supply availability and mitigate cost impacts from memory component fluctuations [50][51] Question: Next steps for Mentee Robotics commercialization - Initial deployments will involve a small number of robots for proof of concept, with plans to scale up based on performance evaluations [62][64]