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 ...

Core Viewpoint - Mobileye's stock is experiencing significant gains due to Lyft's announcement of a robotaxi service utilizing Mobileye's technology, indicating a potential turnaround for the company [1][2]. Group 1: Stock Performance - Mobileye's share price increased by 16.4% amid a broader market rise, with the S&P 500 up 0.6% and the Nasdaq Composite up 1.1% [1]. - Despite today's gains, Mobileye's stock is still down approximately 33% over the past year [5]. Group 2: Business Developments - Lyft plans to launch a robotaxi service using Mobileye's technology as early as 2026, starting in Dallas, with intentions to expand to multiple cities [2]. - Being selected as Lyft's key technology partner is seen as a bullish development for Mobileye, potentially leading to a substantial new revenue stream [4]. Group 3: Financial Performance - Mobileye's financial results have been disappointing, with a 23% year-over-year revenue decline to $490 million in the fourth quarter [3]. - Adjusted earnings per diluted share fell 53% year-over-year to $0.13 [3].

Group 1 - Mobileye Global Inc's stock increased by 16.4% to $18.70 after BofA Securities analyst John P. Babcock upgraded the stock from Underperform to Neutral and raised the price target from $12 to $19 [1][7] - Babcock's cautious stance was influenced by the uncertainty regarding growth and profit outlook, with 2025 guidance falling below BofA and consensus estimates, although this limits downside risk [1][6] - The analyst's discussions with investors indicate that sentiment may be bottoming, with potential contract wins in 2025 serving as catalysts for growth [2][5] Group 2 - Babcock's valuation analysis suggests that Base/Cloud-Enhanced ADAS volumes will remain steady through 2040, with expectations for ADAS products to penetrate a growing portion of the auto market [3][4] - The deployment of advanced AV products is anticipated to drive a gradual shift in market share, with significant contract wins expected in 2025 [5][6] - Projected sales for fiscal years are $1.73 billion in 2025, $1.81 billion in 2026, and $2.07 billion in 2027, indicating a moderate improvement in adjusted operating income [6][7]

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 ...