Mobileye (US:MBLY) The Motley Foolยท2025-02-10 19:06Core 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].