Mobileye Global (NASDAQ:MBLY) Shares Up 8.4% After Strong Earnings

Mobileye Global Inc. (NASDAQ:MBLY) was up 8.4% during trading on Friday following a better than expected earnings announcement. The stock traded as high as $9.35 and last traded at $9.43. Approximately 7,210,478 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 8,166,092 shares. The stock had previously closed at $8.70.

The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $558.00 million during the quarter, compared to analysts’ expectations of $519.34 million. Mobileye Global had a negative net margin of 203.97% and a positive return on equity of 0.31%. Mobileye Global’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.08 earnings per share.

Mobileye Global declared that its Board of Directors has initiated a share repurchase program on Thursday, April 23rd that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 3.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

More Mobileye Global News

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

• Positive Sentiment: Q1 beat and raised outlook — Mobileye reported Q1 EPS and revenue above estimates, cited strong EyeQ shipments and modestly raised its full‑year 2026 revenue outlook, driving immediate upside. Read More.
• Positive Sentiment: $250M share buyback — Board authorized up to $250M in repurchases (about 3.8% of shares), a cash-return signal that typically supports shares. Read More.
• Positive Sentiment: Robotaxi and design‑win momentum — Management highlighted progress on robotaxi technology and a new Mahindra design win (adds another Surround ADAS customer), underpinning longer‑term growth narratives. Read More.
• Positive Sentiment: Analyst upgrade (TD Cowen) — TD Cowen raised its price target to $10 and set a Buy rating, giving the stock additional near‑term buy‑side support. Read More.
• Neutral Sentiment: Mixed/limited upside from other brokers — UBS, Goldman Sachs and Mizuho raised price targets modestly but kept Neutral ratings (limited conviction), while overall broker consensus remains a “Hold.” Read More. • Read More.
• Negative Sentiment: Canaccord trims target materially — Canaccord cut its target from $24 to $17 (still a “buy”), a signal of reduced upside from some bull analysts and potential source of downward pressure for more skeptical investors. Read More.
• Negative Sentiment: Profitability and FY EPS outlook risks — Despite top‑line growth, Mobileye reported a negative net margin and some analysts still model slightly negative EPS for the fiscal year, which can cap multiple expansion until margins improve. Read More.

Wall Street Analyst Weigh In

MBLY has been the topic of several research analyst reports. Berenberg Bank started coverage on Mobileye Global in a research note on Wednesday, April 1st. They set a “buy” rating and a $9.30 target price on the stock. Needham & Company LLC decreased their price target on Mobileye Global from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Royal Bank Of Canada lowered their price target on Mobileye Global from $14.00 to $13.00 and set a “sector perform” rating for the company in a report on Friday, January 23rd. Morgan Stanley dropped their price target on Mobileye Global from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Friday, January 23rd. Finally, Tigress Financial restated a “buy” rating and set a $25.00 price objective on shares of Mobileye Global in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.98.

Hedge Funds Weigh In On Mobileye Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MBLY. IFP Advisors Inc lifted its position in Mobileye Global by 465.7% during the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after acquiring an additional 1,495 shares during the period. Rhumbline Advisers purchased a new stake in Mobileye Global during the 1st quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Mobileye Global in the second quarter valued at about $31,000. Financial Management Professionals Inc. purchased a new position in shares of Mobileye Global in the fourth quarter worth about $32,000. Finally, Leonteq Securities AG purchased a new position in shares of Mobileye Global in the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 13.25% of the company’s stock.

Mobileye Global Price Performance

The stock has a market cap of $7.51 billion, a price-to-earnings ratio of -1.83 and a beta of 0.75. The stock has a fifty day moving average of $7.92 and a 200 day moving average of $10.31.

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.