Canaccord Genuity Group Lowers Mobileye Global (NASDAQ:MBLY) Price Target to $24.00

Mobileye Global (NASDAQ:MBLY) had its price objective decreased by equities research analysts at Canaccord Genuity Group from $30.00 to $24.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 144.90% from the company’s current price.

Several other analysts have also recently commented on the stock. Morgan Stanley decreased their price target on shares of Mobileye Global from $17.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Evercore ISI reduced their target price on Mobileye Global from $25.00 to $20.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Zacks Research downgraded Mobileye Global from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Barclays upgraded Mobileye Global from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $17.00 to $16.00 in a report on Monday, January 5th. Finally, UBS Group reduced their price objective on Mobileye Global from $17.00 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Nine research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Mobileye Global has a consensus rating of “Hold” and a consensus price target of $15.89.

Mobileye Global Price Performance

Shares of MBLY opened at $9.80 on Friday. The firm has a market cap of $7.97 billion, a P/E ratio of -20.00, a price-to-earnings-growth ratio of 2.83 and a beta of 0.57. Mobileye Global has a 1 year low of $9.75 and a 1 year high of $20.18. The company has a 50 day simple moving average of $11.02 and a two-hundred day simple moving average of $13.15.

Mobileye Global (NASDAQ:MBLY) last released its earnings results on Thursday, January 22nd. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. Mobileye Global had a negative net margin of 20.70% and a positive return on equity of 0.21%. The firm had revenue of $446.00 million for the quarter, compared to the consensus estimate of $430.69 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The company’s quarterly revenue was down 9.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Mobileye Global will post 0.01 earnings per share for the current year.

Institutional Investors Weigh In On Mobileye Global

Large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its stake in shares of Mobileye Global by 10.7% in the 1st quarter. NewEdge Advisors LLC now owns 31,228 shares of the company’s stock valued at $450,000 after purchasing an additional 3,019 shares during the last quarter. Rhumbline Advisers bought a new position in shares of Mobileye Global during the 1st quarter valued at approximately $27,000. KLP Kapitalforvaltning AS purchased a new stake in Mobileye Global during the 2nd quarter valued at $372,000. Slow Capital Inc. lifted its position in Mobileye Global by 4.4% in the second quarter. Slow Capital Inc. now owns 234,565 shares of the company’s stock worth $4,217,000 after buying an additional 9,912 shares during the last quarter. Finally, Sanders Morris Harris LLC boosted its stake in Mobileye Global by 6.3% during the second quarter. Sanders Morris Harris LLC now owns 42,500 shares of the company’s stock worth $764,000 after buying an additional 2,500 shares during the period. 13.25% of the stock is owned by institutional investors.

Mobileye Global News Roundup

Here are the key news stories impacting Mobileye Global this week:

• Positive Sentiment: Q4 revenue slightly beat consensus — Mobileye reported $446M in Q4 revenue, a small beat versus estimates, showing demand resiliency despite sector headwinds. Quiver Quant: Q4 results
• Positive Sentiment: Improving profitability metrics on a year‑over‑year basis — GAAP net loss and operating loss narrowed significantly; cash and cash equivalents grew to about $1.84B, supporting the balance sheet through near‑term softness. Quiver Quant: Financial details
• Neutral Sentiment: Certain firms trimmed targets but kept constructive stances — Wells Fargo cut its target from $24 to $18 but remains overweight; Canaccord and Needham lowered targets yet retained buy ratings, leaving sizeable upside in some analysts’ views. Benzinga: Analyst reactions
• Negative Sentiment: FY‑2026 revenue guide came in below consensus — Management issued revenue guidance around $1.9B–$2.0B versus Street estimates near $2.0B, flagging slower EV production and tariff pressures on automakers as demand headwinds. Reuters: Revenue guidance
• Negative Sentiment: Q4 EPS disappointed relative to some expectations — headlines noted an EPS shortfall (adjusted/GAAP mix confusion across reports), which, together with below‑consensus guidance, triggered analyst model resets. Proactive: EPS miss coverage
• Negative Sentiment: Several brokers lowered price targets and at least one downgraded the stock — UBS and Morgan Stanley cut targets to $12 (neutral/equal weight), RBC trimmed to $13 (sector perform), and HSBC cut buy→hold to $11, increasing near‑term selling pressure. Benzinga: Price target changes

Mobileye Global Company Profile

Mobileye Global Inc (NASDAQ: MBLY) is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye’s core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.

Founded in 1999 by Prof.