Core Viewpoint - Mobileye Global Inc. is identified as one of the top growth stocks on NASDAQ, with a strong buy rating and a significant upside potential of 178% based on the current price target of $25 set by Tigress Financials analyst Ivan Feinseth [1]. Financial Performance - For FY 2025, Mobileye reported a revenue increase of 15%, with operating cash flow rising over 50% and adjusted operating profit growing by 45% [3]. - The company projects FY 2026 revenue to be between $1.9 billion and $1.98 billion, indicating flat to 5% growth, with EyeQ volume expected to exceed 37 million units [3]. Q1 2026 Outlook - The company anticipates shipping about 10 million EyeQ units in Q1 2026, supporting an expected year-over-year growth of approximately 19% for the first quarter [4]. - Operating expenses are projected to rise by about 10% to $1.1 billion due to inflation, R&D expenses, and foreign exchange impacts, while gross margin is expected to decline year-over-year due to EyeQ5 costs and vehicle mix effects [4]. Business Operations - Mobileye operates as a developer of autonomous driving technologies, including advanced driver assistance systems (ADAS), and segments its offerings into Base ADAS, Cloud-Enhanced ADAS, and Surround ADAS [5].

Investment Rating - The report maintains a "Buy" rating for Mobileye (MBLY.US) with a target price adjusted to $18.1, indicating a potential upside of 17% [1][3]. Core Insights - Mobileye's 2Q25 performance exceeded expectations, with revenue reaching $506 million, a 15% year-over-year increase. The company has raised its full-year revenue guidance to a range of $1.765 to $1.885 billion [9][12]. - The company is optimistic about its growth trajectory, expecting a revenue inflection point in 2027, driven by advancements in autonomous driving technology and partnerships with major players like Volkswagen, Lyft, and Uber [9][12]. Financial Forecasts - Revenue projections for Mobileye from 2023 to 2027 are as follows: - 2023: $2,079 million - 2024: $1,654 million - 2025E: $1,851 million - 2026E: $1,948 million - 2027E: $2,650 million - The adjusted net profit is forecasted to grow from $659 million in 2023 to $540 million in 2027, with a notable increase of 56% in 2027 [2][10]. Performance Metrics - In 2Q25, Mobileye's total shipment volume reached 9.7 million units, a 28% increase year-over-year, with EyeQ chip shipments close to 9.65 million units [12]. - The adjusted gross margin for 2025 is projected at 68.5%, with an adjusted net profit margin of 15.6% [13][15]. Valuation - The report employs a DCF valuation method, estimating a WACC of 12.3% and a perpetual growth rate of 3%, leading to a target price of $18.1 per share [9][14].