Mobileye Global’s (MBLY) Buy Rating Reaffirmed at Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of Mobileye Global (NASDAQ:MBLY) in a research report sent to investors on Friday,Benzinga reports. They currently have a $13.00 target price on the stock.

MBLY has been the subject of a number of other research reports. Wall Street Zen upgraded Mobileye Global from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Canaccord Genuity Group decreased their target price on Mobileye Global from $24.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. reduced their price objective on shares of Mobileye Global from $11.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, April 16th. Jefferies Financial Group initiated coverage on shares of Mobileye Global in a research note on Monday, May 18th. They set an “underperform” rating and a $8.00 target price on the stock. Finally, Royal Bank Of Canada increased their price objective on Mobileye Global from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research note on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Mobileye Global currently has a consensus rating of “Hold” and a consensus price target of $13.27.

Mobileye Global Stock Up 7.8%

Shares of MBLY stock opened at $8.05 on Friday. The company has a market cap of $6.77 billion, a P/E ratio of -1.61 and a beta of 1.16. The business has a 50 day moving average of $9.36 and a two-hundred day moving average of $9.01. Mobileye Global has a 52 week low of $6.47 and a 52 week high of $15.81.

Mobileye Global (NASDAQ:MBLY) last announced its quarterly 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 business had revenue of $508.00 million for the quarter, compared to analysts’ expectations of $480.51 million. Mobileye Global had a positive return on equity of 0.66% and a negative net margin of 201.49%.The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.08) EPS. Analysts expect that Mobileye Global will post -0.09 EPS for the current fiscal year.

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

Hedge Funds Weigh In On Mobileye Global

Several hedge funds and other institutional investors have recently modified their holdings of MBLY. Dynamic Advisor Solutions LLC boosted its stake in shares of Mobileye Global by 6.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 16,068 shares of the company’s stock valued at $168,000 after purchasing an additional 957 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Mobileye Global by 2.5% in the 2nd quarter. Sei Investments Co. now owns 45,080 shares of the company’s stock valued at $811,000 after buying an additional 1,090 shares during the period. Cresset Asset Management LLC increased its position in shares of Mobileye Global by 6.3% in the 3rd quarter. Cresset Asset Management LLC now owns 18,819 shares of the company’s stock valued at $266,000 after buying an additional 1,110 shares in the last quarter. Greenfield Seitz Capital Management LLC lifted its holdings in Mobileye Global by 5.5% during the fourth quarter. Greenfield Seitz Capital Management LLC now owns 26,939 shares of the company’s stock worth $281,000 after acquiring an additional 1,393 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in Mobileye Global by 465.7% during the third quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after acquiring an additional 1,495 shares in the last quarter. Institutional investors own 13.25% of the company’s stock.

Trending Headlines about 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.