Mobileye Global Inc. (NASDAQ:MBLY) Faces Challenges but Shows Promising Revenue Guidance
Mobileye Mobileye (US:MBLY) Financial Modeling Prep·2026-01-23 05:14

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]

Mobileye Global Inc. (NASDAQ:MBLY) Faces Challenges but Shows Promising Revenue Guidance - Reportify