12 stories mentioning MBLYUpdated 3d ago
Every FINWIRES story that references MBLY, newest first.
Mobileye Global (MBLY) has an average rating of overweight and mean price target of $11.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Mobileye Global's (MBLY) progress on humanoid robotics and robotaxi unit economics represent credible growth opportunities, but a CEO transition introduces uncertainty, RBC Capital Markets said in a Thursday research report.The company posted a solid Q2, but the beat was partly driven by an R&D tax benefit, according to the note.Mobileye's robotaxi could have favorable unit economics, the analysts said, noting the company estimates $125,000 in revenue per vehicle annually against costs of under $100,000.RBC reiterated its sector perform rating on the stock and lowered its price target to $7 per share from $10.Price: $8.22, Change: $+0.75, Percent Change: +9.97%
Mobileye Global (MBLY) said founder Amnon Shashua plans to step down as CEO once a successor is appointed.The board will hire an executive search firm to identify the next CEO, Intel-backed (INTC) Mobileye said Thursday in a statement.Shashua will remain on the board and has been offered the chairman role, where he would focus on long-term technology strategy and Mobileye's humanoid robotics efforts, the statement said.Mobileye shares fell 13% in Thursday trading, and Intel rose 0.3% as the broader tech sector slumped.Price: $7.66, Change: $-1.12, Percent Change: -12.76%
Technology stocks were rising pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.8% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 3.7%.Taiwan Semiconductor Manufacturing (TSM) plans to raise prices for both advanced and mature chip manufacturing by up to 10% beginning in 2027, Nikkei Asia reported, citing multiple unnamed sources. Shares of Taiwan Semiconductor Manufacturing were up more than 3% premarket.Mobileye (MBLY) shares were up more than 2% after the company said its cloud-enhanced Advanced Driver Assistance technology will be integrated into select future Stellantis (STLA) vehicles beginning next year.Oracle (ORCL) could be required to provide more than $7 billion in collateral for its planned Wisconsin data center after the state's utility regulator declined to ease credit rules for large power users, the Financial Times reported. Oracle stock was up more than 1% pre-bell.
Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% higher.Qualcomm (QCOM) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm shares were up more than 2% pre-bell.Infosys (INFY) entered into a long-term collaboration with Valmet to modernize its core IT services and improve operational efficiency and business alignment, the company said. Infosys stock was up more than 2% premarket.Mobileye Global (MBLY) shares were up more than 4% after the company said it plans to have full ownership of an autonomous ride-hailing business, expanding its robotaxi activities beyond supplying self-driving technology.
Uber Technologies (UBER) is evolving into a "diversified everything app" from predominantly a ride-hailing service, with growing margins, Tigress Financial Partners said Friday.The company has expanded its network of ride-hailing and delivery services, ventured into "platform adjacencies" that offer high margins, and pursued capital-light partnerships with autonomous and electric vehicle manufacturers, Tigress Director of Research Ivan Feinseth said in a note to clients.The brokerage noted Uber's partnerships and collaborations with major players such as Nvidia (NVDA), Alphabet's (GOOG, GOOGL) Waymo, Mobileye Global (MBLY), Rivian Automotive, (RIVN), Lucid Group (LCID) and Expedia Group (EXPE)."Uber is turning its scaled mobility and delivery networks, high-margin platform adjacencies, combined with its capital-light, (artificial intelligence-driven) AV/EV and travel partnerships, into a diversified everything app with expanding margins and long-term compounding potential," Feinseth said.Last month, Uber issued a bookings growth outlook that surpassed Wall Street's estimates, while its first-quarter profit grew year over year."Uber's pivot from subsidized growth to disciplined, self-funded expansion has driven (earnings before interest, taxes, depreciation, amortization, and restructuring) and free cash flow growth ahead of revenue, inflecting (return on capital) from negative levels in 2021 to meaningfully above its cost of capital, and positioning it for compound economic profit through continued reinvestment, share repurchases, and selective (mergers and acquisitions)," Feinseth said Friday.Tigress raised its price target on the Uber stock to $115 from $110 while reiterating its buy rating."We believe further upside in the shares exists, and our 12-month target price of $115 represents a potential return of close to 65% from current levels," Feinseth wrote.The company's shares were down 2% in Friday afternoon trade. So far this year, the stock has lost nearly 17% in value.Price: $68.15, Change: $-1.40, Percent Change: -2.01%
Mobileye Global (MBLY) has an average rating of overweight and mean price target of $12.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Mobileye Global (MBLY) has an average rating of overweight and mean price target of $13.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $9.13, Change: $+0.43, Percent Change: +4.94%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target by $3 to $10, based on a 2027 P/E of 20x, a steep but justified discount to the stock's five-year average forward P/E of 55x. We increase our 2026 adjusted EPS estimate to $0.35 from $0.25 and maintain 2027's at $0.50. MBLY posted Q1 adjusted EPS of $0.12 vs. $0.08 (+51%), ahead of the $0.09 consensus. The quarter was characterized by stronger-than-expected sales offset by weaker-than-expected margins, as revenue rose 27% to $558M ($38M above consensus) and adjusted gross margin contracted 240 bps to 66% (20 bps below consensus). We thought the quarter underscored the benefit of MBLY's "capex light" business model, which allows it to generate significant FCF even in more challenging market conditions. In our view, sentiment toward the name had become overly bearish (especially considering MBLY's backlog, gross margins, and large net cash position), prompting a significant short squeeze. MBLY's $250M share repurchase announcement was another positive.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Mobileye Global (MBLY) posted Q1 adjusted EPS of $0.12 vs. $0.08 (+51%), ahead of the $0.09 consensus. The quarter was characterized by stronger-than-expected sales offset by weaker-than-expected margins, as revenue rose 27% to $558M ($38M above consensus) and adjusted gross margin contracted 240 bps to 66% (20 bps below consensus). EyeQ volumes were up 27% Y/Y, which drove the beat. MBLY raised prior 2026 guidance for revenue and adjusted operating profit to $1.935B-$2.015B and $185M-$235M, respectively, from $1.90B-$1.98B and $170M-$220M. MBLY also announced a $250M share repurchase program. MBLY ended Q1 with total cash and equivalents of $1.34B versus only $51M of debt. Expectations were low heading into the release and the stock has seen a surge in short interest in recent months to ~17% of the float. In our view, sentiment toward the name had become overly bearish (especially considering MBLY's backlog, gross margins, and large net cash position), now setting up the stock for a significant short squeeze.
Mobileye Global (MBLY) has an average rating of overweight and mean price target of $14.07, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $7.56, Change: $+0.09, Percent Change: +1.14%
US automotive companies could lower outlooks in the second half of this year in case of a prolonged Middle East conflict or if the latest oil price shock "adversely" affects consumer confidence, RBC Capital Markets said in a note e-mailed Monday.The US-Israel war with Iran that started at the end of February has sent energy prices surging amid the closure of the Strait of Hormuz, the world's most important chokepoint for crude flows. Oil prices hovered around $100 a barrel intraday Monday as the start of a US blockade of maritime traffic around Iran's ports reportedly became effective.As most auto suppliers typically maintain one to two quarters of inventory, they are likely to be shielded from increasing raw materials costs in the near term, RBC analyst Tom Narayan said in a note to clients, adding that potential cost hikes in the future can be passed along to original equipment manufacturers. Overall, US suppliers have "negligible exposure" to the Middle East, according to the note."Importantly, we think neither OEMs nor suppliers (will) cut guidance in (the first quarter)," Narayan wrote. "That said, if the Iran conflict is prolonged or if higher oil prices adversely impact consumer confidence, we could see guidance cuts in (the second half of 2026)."Last week, a survey by the University of Michigan showed that US consumer sentiment hit the lowest on record this month, reflecting heightened worries about higher prices and the overall economic fallout from the Middle East conflict.Compared with suppliers, US OEMs could face "greater macro sensitivity," considering higher difficulty in passing along commodity inflation costs and a potential delay in the resolution to the US-Mexico-Canada trade pact due to the Iran war, RBC said."In China, the revised subsidy framework and reduction of the EV purchase tax credit could adversely impact mass-market players, where western suppliers remain structurally under-indexed," Narayan said.In the long term, RBC projects Brent crude prices to be around $80 per barrel, with West Texas Intermediate oil seen at $75 a barrel, according to the note."While elevated fuel prices may support (electric vehicle) adoption in Europe, we expect limited mix shift in the US, where government incentives have been the primary demand driver for EV sales," Narayan said.RBC said it likes Autoliv (ALV), Dauch (DCH) and Aptiv (APTV) on a risk/reward basis. The brokerage reduced its price targets on the shares of several companies, including Ford Motor (F), General Motors (GM), Tesla (TSLA), Mobileye Global (MBLY), and Lucid Group (LCID).Earlier this month, Tesla's first-quarter deliveries missed Wall Street's estimates, with Wedbush Securities flagging a challenging demand environment for the EV maker.Price: $12.11, Change: $-0.02, Percent Change: -0.16%
