Mobileye Global (NASDAQ:MBLY) Given New $9.00 Price Target at JPMorgan Chase & Co.

Mobileye Global (NASDAQ:MBLY) had its price objective cut by JPMorgan Chase & Co. from $10.00 to $9.00 in a research report released on Friday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other brokerages have also issued reports on MBLY. Mizuho lifted their target price on Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Canaccord Genuity Group decreased their price target on shares of Mobileye Global from $24.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Needham & Company LLC reiterated a “buy” rating and issued a $13.00 price objective on shares of Mobileye Global in a report on Friday. Barclays cut their price objective on shares of Mobileye Global from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Finally, Berenberg Bank cut shares of Mobileye Global from a “buy” rating to a “hold” rating and set a $10.80 target price for the company. in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.27.

Mobileye Global Stock Up 7.8%

Shares of NASDAQ:MBLY opened at $8.05 on Friday. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of -1.61 and a beta of 1.16. Mobileye Global has a 12 month low of $6.47 and a 12 month high of $15.81. The company’s fifty day simple moving average is $9.36 and its 200 day simple moving average is $9.01.

Mobileye Global (NASDAQ:MBLY) last announced its earnings results on Thursday, July 23rd. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. The firm had revenue of $508.00 million during the quarter, compared to analyst estimates of $480.51 million. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.66%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.08) EPS. Research analysts expect that Mobileye Global will post -0.09 earnings per share for the current fiscal year.

Mobileye Global declared that its board has approved a stock repurchase plan on Thursday, April 23rd that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP increased its holdings in shares of Mobileye Global by 131.9% during the third quarter. Two Sigma Investments LP now owns 4,383,735 shares of the company’s stock worth $61,898,000 after purchasing an additional 2,493,181 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Mobileye Global by 24.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,585,733 shares of the company’s stock valued at $24,634,000 after buying an additional 705,400 shares during the period. Engineers Gate Manager LP grew its position in Mobileye Global by 140.9% during the fourth quarter. Engineers Gate Manager LP now owns 3,577,407 shares of the company’s stock worth $37,348,000 after buying an additional 2,092,250 shares in the last quarter. DNB Asset Management AS grew its position in Mobileye Global by 23.1% during the fourth quarter. DNB Asset Management AS now owns 3,506,480 shares of the company’s stock worth $36,608,000 after buying an additional 658,585 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Mobileye Global by 65.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,065,586 shares of the company’s stock worth $43,286,000 after acquiring an additional 1,213,448 shares during the period. 13.25% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Mobileye Global

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

• Positive Sentiment: Mobileye reported strong second-quarter results, with EPS of $0.19 beating estimates of $0.06 and revenue of $508 million coming in above expectations, helped by an R&D incentive grant and stronger shipments. Article Title
• Positive Sentiment: The company also raised its 2026 outlook, which signals management confidence in continued operating momentum and may help support the stock. Article Title
• Positive Sentiment: Needham reaffirmed its buy rating and maintained a $13 price target, suggesting meaningful upside from current levels. Article Title
• Neutral Sentiment: TD Cowen lowered its price target to $9 from $11.50 but kept a buy rating, indicating optimism remains despite a more cautious valuation view. Article Title
• Neutral Sentiment: JPMorgan and Mizuho both cut targets and stayed at neutral, while RBC lowered its target to $7 and kept a sector perform view, reflecting divided analyst sentiment after the earnings update. Article Title
• Negative Sentiment: Founder and CEO Amnon Shashua’s planned exit is creating uncertainty around leadership at a time when Mobileye is pushing deeper into robotaxis and robotics, increasing execution risk. Article Title
• Negative Sentiment: A Seeking Alpha commentary argued the stock’s selloff reflects concerns that the leadership transition and robotaxi strategy add risk despite the earnings beat and higher guidance. Article Title

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.