Stock Buyback Program Declared by Mobileye Global (NASDAQ:MBLY) Board

Mobileye Global (NASDAQ:MBLY) announced that its Board of Directors has authorized a stock buyback program on Thursday, April 23rd, RTT News reports. The company plans to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 3.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several brokerages have weighed in on MBLY. Piper Sandler cut their price target on Mobileye Global from $15.00 to $13.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. UBS Group cut their price target on Mobileye Global from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Wolfe Research downgraded Mobileye Global from an “outperform” rating to a “peer perform” rating in a report on Monday, January 12th. The Goldman Sachs Group cut their price target on Mobileye Global from $12.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Mobileye Global in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.79.

Mobileye Global Stock Performance

Shares of NASDAQ MBLY opened at $8.70 on Friday. Mobileye Global has a fifty-two week low of $6.47 and a fifty-two week high of $20.18. The firm has a market capitalization of $7.32 billion, a PE ratio of -17.75 and a beta of 0.75. The stock’s 50-day simple moving average is $7.92 and its 200-day simple moving average is $10.35.

Mobileye Global (NASDAQ:MBLY) last issued its earnings results on Thursday, April 23rd. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The business had revenue of $558.00 million for the quarter, compared to analyst estimates of $519.34 million. During the same quarter last year, the company earned $0.08 EPS. The business’s quarterly revenue was up 27.4% on a year-over-year basis. On average, sell-side analysts forecast that Mobileye Global will post -0.03 earnings per share for the current fiscal year.

Trending Headlines about Mobileye Global

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

• Positive Sentiment: Mobileye beat Q1 estimates on both EPS and revenue (EPS $0.12 vs. ~$0.09 expected; revenue $558M vs. ~$519M) and raised its full-year outlook — the core driver behind the stock rally. Mobileye delivers earnings beat, raises full-year outlook
• Positive Sentiment: Management announced a share repurchase program of up to $250 million, signaling confidence in cash generation and lifting shareholder-return prospects. Mobileye Announces Share Repurchase Program of Up to $250 Million
• Positive Sentiment: Q1 release highlighted a design win with Mahindra (adds another Surround ADAS customer and second customer for next‑gen SuperVision), supporting future revenue cadence from ADAS and SuperVision products. Mobileye Releases First Quarter 2026 Results, Updates Full-Year Outlook…
• Positive Sentiment: Company commentary and media coverage emphasize that Mobileye’s robotaxi program “has progressed significantly,” which supports longer-term growth narratives around autonomous-driving revenue streams. Mobileye’s robotaxi ambitions have ‘progressed significantly,’ and the stock surges
• Neutral Sentiment: Full Q1 earnings details and management commentary are available (earnings call transcript) for deeper diligence on margins, ADAS ASPs and robotaxi cadence — useful for modeling but not an immediate directional catalyst. Mobileye Global Inc. (MBLY) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analysts and coverage pieces are parsing key metrics vs. estimates (margin profile, YoY growth, guidance assumptions) — these analyses will influence medium-term sentiment as models are updated. Mobileye (MBLY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: BNP Paribas Exane cut its price target from $11.50 to $8.50 and moved to a neutral rating, which could cap upside if other brokers follow with conservative revisions. BNP Paribas Exane lowers MBLY price target

About Mobileye Global

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.