These Analysts Cut Their Forecasts On Mobileye Global After Q4 Results

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]