indie Semiconductor (NasdaqCM:INDI) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsAshish Gupta - Investor RelationsDon McClymont - CEO and Co-FounderNaixi Wu - CFOConference Call ParticipantsAnthony Stoss - Senior AnalystCody Acree - Senior Semiconductor Financial AnalystCraig Ellis - Director of Research, Senior Semiconductor and Capital Equipment AnalystSuji De Silva - Managing Director, Senior Research AnalystNone - AnalystOperatorGood afternoon, and welcome to indie Semiconduct ...

indie Semiconductor (NasdaqCM:INDI) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Speaker6Good afternoon, and welcome to indie Semiconductor's fourth quarter 2025 earnings call. Currently, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I will now turn the call over to Ashish Gupta, Investor Relations. Mr. Gupta, please go ahead.Speaker1Thank you, operator. Good afternoon, and welcome ...

Mobileye Global Inc. (NASDAQ:MBLY) is one of the best single digit stocks to buy according to analysts. Entering 2026, Mobileye appears well-positioned, supported by new program wins and partnership expansions. The company recently highlighted its new high-volume Surround ADAS program win with a major U.S. OEM alongside progress on its robotaxi services with Volkswagen. More recently, on February 10, Mahindra & Mahindra Ltd. selected Mobileye’s SuperVision and Surround ADAS platforms for at least six fut ...

Valeo plans to invest more than €200m ($236.8m) in India to expand electrification, advanced driver assistance systems (ADAS) and artificial intelligence (AI) engineering activities under its Elevate 2028 strategy. The French automotive supplier plans to triple its local revenue to about €700m by 2028. The company said the funding-about Rs21.49bn at current exchange rates-will enlarge its manufacturing and engineering presence in India to support domestic and export vehicle programmes. In electrificati ...

Group 1 - Mobileye Global Inc. is recognized as one of the top 12 mid-cap AI stocks to buy according to hedge funds, with a Buy rating and a price target of $16, indicating a potential 65% increase in stock value [1] - The company has secured an agreement with Mahindra & Mahindra to provide advanced driver assistance systems (ADAS), which will utilize the EyeQ6 High system-on-chip and multiple cameras for enhanced safety features, with production expected to start in 2027 [3] - Mobileye develops computer vision and machine learning technologies specifically for ADAS and autonomous driving solutions, and is headquartered in Jerusalem, Israel [4] Group 2 - The partnership with Mahindra positions Mobileye as a Tier 1 supplier across all of Mahindra's programs, which is expected to positively impact the company's operations in India [3]

Core Insights - Qualcomm and Hyundai Mobis have signed a comprehensive agreement to co-develop next-generation solutions for Software-Defined Vehicles (SDVs) and Advanced Driver Assistance Systems (ADAS) [1] - The partnership aims to leverage Qualcomm's Snapdragon Ride Flex SoC to create integrated automotive solutions that cater to emerging markets and enhance Qualcomm's position in the global automotive supply chain [1][8] Qualcomm's Technological Advancements - The Snapdragon Ride Flex SoC is designed to support ADAS and autonomous driving, featuring high-performance AI processing, real-time sensor fusion, and advanced safety features [2] - This chip enables efficient handling of complex driving and parking tasks while reducing power consumption and system complexity [2] - Qualcomm and Hyundai Mobis plan to develop advanced driving and parking solutions that consolidate multiple vehicle functions onto a single chip, aiming to lower costs and improve efficiency for automakers [2][8] Future Development Plans - The two companies intend to combine their software and chip technologies to create a scalable, high-performance SDV architecture that is efficient, stable, and capable of over-the-air upgrades [3] - Qualcomm has also strengthened its partnership with Google to advance AI-powered vehicle technologies and has collaborated with Garmin to launch the Nexus automotive compute platform [4] Competitive Landscape - Qualcomm faces competition from NXP Semiconductors and NVIDIA, with NVIDIA expanding its DRIVE platform for Level 4 self-driving vehicles and introducing AI technologies to enhance decision-making in complex driving scenarios [5] - NXP is enhancing its CoreRide platform and acquiring TTTech Auto to improve automotive software functions, while also introducing S32N7 processors to support AI features and reduce costs for automakers [6] Financial Performance - Qualcomm shares have increased by 15.9% over the past year, compared to the industry's growth of 39.5% [7] - Earnings estimates for 2025 have risen by 0.3% to $12.15, while estimates for 2026 have decreased by 1% to $12.58 [9] - The company's shares currently trade at a price/earnings ratio of 14.82, which is lower than the industry average of 33.24 [10]

Core Insights - Hyundai Mobis and Qualcomm Technologies Inc. have signed a comprehensive agreement to co-develop next-generation solutions for Software-Defined Vehicles (SDV) and Advanced Driver Assistance Systems (ADAS) at CES 2026 [1][6] Group 1: Collaboration Details - The MOU signing was attended by key executives from both companies, indicating a high-level commitment to the partnership [2] - The collaboration aims to develop integrated solutions tailored for emerging markets, leveraging Hyundai Mobis's expertise in system integration and sensor fusion alongside Qualcomm's leadership in system-on-chip (SoC) technology [3] Group 2: Focus Areas - The initial focus will be on co-developing advanced driving and parking solutions based on Qualcomm's Snapdragon Ride Flex SoC, targeting fast-growing markets like India where ADAS adoption is increasing [4] - Future SDV applications will involve creating integrated solutions that combine Hyundai Mobis's standardized software platform with Qualcomm's Snapdragon automotive technologies to enhance performance, efficiency, and stability [4] Group 3: Strategic Initiatives - Hyundai Mobis hosted a private exhibition booth at CES 2026 to showcase its strategy of expanding into new business areas, including robotics, SDV solutions, and semiconductors, with over 200 representatives from major customers visiting for discussions [5]

Core Insights - HERE Technologies has integrated its Navigation SDK into Lucid's vehicles, enhancing in-vehicle navigation and mobile/web trip planning for the Lucid Gravity and Air models [1][7] - The collaboration focuses on improving the driving experience through advanced driver assistance systems (ADAS) and intelligent speed assistance (ISA) features [2][3] Group 1: HERE Technologies and Lucid Collaboration - HERE SDK provides precise location data to support Lucid's ADAS suite, which includes features like adaptive cruise control, automatic emergency braking, and lane departure warning [2] - Lucid's ISA feature utilizes real-time speed limit information from HERE to help drivers comply with posted speed limits, aligning with the European Union ISA mandate [3] - The partnership aims to innovate and expand location-based services across current and future Lucid models [3] Group 2: Enhanced Navigation Features - Lucid's navigation system, powered by HERE SDK, includes custom EV routing features and real-time charge point data to optimize long-distance journeys [7] - The system provides real-time updates on reachable destinations based on charge levels and time, incorporating recommended fast charging station information [8] - HERE's support for battery preconditioning before DC fast charging enhances the efficiency of Lucid's electric vehicles [8] Group 3: Future Developments - The collaboration is expected to continue evolving, with HERE and Lucid working together to push the boundaries of EV innovation [4] - Lucid's advanced navigation features will be showcased at CES 2026, highlighting the integration of HERE's technology [4]

Core Insights - Gauzy Ltd. is enhancing driver safety through its AI-powered Smart-Vision Camera Monitoring System (CMS) and Driver Monitoring System (DMS), integrated into Renault Trucks' DOLPHIN concept truck, aimed at improving detection and alerts for vulnerable road users (VRUs) [3][5][9] - The DOLPHIN initiative, supported by French government programs, focuses on advancing electric and connected truck technologies, bringing together various industrial and academic partners to enhance vehicle safety and efficiency [5][6] Group 1: Technology and Innovation - Gauzy's Smart-Vision CMS is already in serial production and has demonstrated proven driver safety performance across multiple commercial vehicle platforms, including its feature in Ford's F-MAX [4][3] - The DMS tracks the driver's gaze and attention, providing audio alerts for hazards, thereby maintaining driver focus and reducing cognitive overload in complex environments [8][6] - The DOLPHIN concept truck showcases next-generation truck technologies, allowing visitors to explore how advanced vision technology enhances safety and driver awareness [9] Group 2: Strategic Partnerships and Goals - The DOLPHIN program is a collaborative effort involving Renault Trucks, Lamberet, and academic institutions, aimed at developing advanced driver assistance systems [6][5] - The initiative seeks to redefine safety and vehicle intelligence in commercial transport, positioning Gauzy at the forefront of innovation in the sector [5][9] - The goal of the DOLPHIN initiative is to create safer, more efficient, and better-connected trucks, addressing the needs of urban environments where VRUs are at higher risk [7][5]

Summary of Horizon Robotics Conference Call Company Overview - **Company**: Horizon Robotics (9660.HK) - **Industry**: Automotive technology, specifically focusing on autonomous driving solutions Key Points and Arguments Product Development and Adoption - The Journey 6 platform is seeing increased adoption in new vehicle models, including: - J6P/HSD (560 TOPS) on Chery EXCEED ET5 - J6E (80 TOPS) on SAIC MG4 530 - J6M (128 TOPS) on ChangAn QiYuan Q07 and Geely Galaxy A7 - The J6P and HSD systems have commenced mass production for the EXCEED ET5, with deliveries starting in November 2025, and plans to expand to more models by 2026E [1][2] Financial Performance and Earnings Revision - Revised 2026 earnings forecast to a net loss of Rmb3.3 billion, up from a previous estimate of Rmb3.1 billion - 2027-2028 earnings largely unchanged, while 2029 and 2030 earnings revised up by 2% and 1% respectively - Revenue projections for 2027-2030 revised down by 9%-14% due to a shift towards bundled solutions with higher price-to-performance ratios [3][7] Revenue Growth Expectations - Anticipated revenue growth of 99% YoY in 2026 and 71% YoY in 2027 - Gross margin (GM) expected to improve by 3 to 8 percentage points from 2026 to 2030 due to a shift in product mix towards integrated hardware/software solutions [3][7] Valuation and Price Target - Target price raised to HK$15.30 from HK$14.11 based on earnings revisions, maintaining a target multiple of 28.0x derived from 2029E EV/EBITDA - The valuation reflects a correlation between EBITDA growth and trading EV/EBITDA multiples of peers, with a projected 19% YoY EBITDA growth in 2030 [7][8] Risks and Challenges - Key downside risks include: - Increased competition and pricing pressure in the auto supply chain amid slow demand - Slower-than-expected product mix upgrades towards autonomous driving (AD) - Delays in expanding the customer base - Supply chain risks due to geopolitical tensions [13] Market Position and Future Outlook - Horizon Robotics is positioned as a local leader in the ADAS and AD market, with expectations of market share growth as autonomous driving technology expands [8] Conclusion - The company maintains a "Buy" rating with a significant upside potential of 72.3% based on the revised target price [16]