Mobileye Global (NASDAQ:MBLY) Price Target Lowered to $7.00 at Royal Bank Of Canada

Mobileye Global (NASDAQ:MBLY) had its price objective decreased by Royal Bank Of Canada from $10.00 to $7.00 in a research report sent to investors on Friday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Other analysts also recently issued reports about the company. Needham & Company LLC restated a “buy” rating and issued a $13.00 price objective on shares of Mobileye Global in a report on Friday. BNP Paribas Exane cut their target price on shares of Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. UBS Group boosted their price target on shares of Mobileye Global from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Friday, April 24th. The Goldman Sachs Group upped their price target on shares of Mobileye Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Zacks Research upgraded shares of Mobileye Global from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.27.

Mobileye Global Stock Performance

Shares of NASDAQ MBLY opened at $8.05 on Friday. The stock has a 50 day moving average price of $9.36 and a 200 day moving average price of $9.01. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of -1.61 and a beta of 1.16. Mobileye Global has a 52-week low of $6.47 and a 52-week high of $15.81.

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

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Burkehill Global Management LP acquired a new stake in shares of Mobileye Global during the 3rd quarter valued at about $42,360,000. Two Sigma Investments LP raised its holdings in Mobileye Global by 131.9% in the 3rd 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. Assenagon Asset Management S.A. acquired a new position in Mobileye Global in the 2nd quarter worth about $23,423,000. Engineers Gate Manager LP boosted 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 purchasing an additional 2,092,250 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Mobileye Global by 436.0% in the third quarter. BNP Paribas Financial Markets now owns 2,489,803 shares of the company’s stock valued at $35,156,000 after purchasing an additional 2,025,257 shares during the period. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global News Summary

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.