Mobileye Global (NASDAQ:MBLY) Stock Price Up 7.4% After Earnings Beat

Mobileye Global Inc. (NASDAQ:MBLY)’s share price was up 7.4% on Friday following a better than expected earnings announcement. The stock traded as high as $7.92 and last traded at $8.0230. 1,880,407 shares were traded during mid-day trading, a decline of 75% from the average session volume of 7,517,602 shares. The stock had previously closed at $7.47.

The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.13. The firm had revenue of $508.00 million during the quarter, compared to the consensus estimate of $482.20 million. Mobileye Global had a positive return on equity of 0.33% and a negative net margin of 203.97%.The company’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.08) EPS.

Mobileye Global declared that its board has approved a share buyback plan on Thursday, April 23rd that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Mobileye Global News Summary

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

• Positive Sentiment: Mobileye delivered a strong Q2 beat, reporting earnings of $0.19 per share versus $0.06 expected and revenue of $508 million versus $482.2 million expected, while also raising its full-year outlook. Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Positive Sentiment: Needham reaffirmed its Buy rating and kept a $13 price target, implying meaningful upside from current levels. Needham Reaffirms Buy Rating on Mobileye Global
• Neutral Sentiment: Investors also reviewed the Q2 earnings call and highlights, which emphasized strong profit growth and ongoing execution, but did not introduce major new catalyst details beyond the reported results. Mobileye Global Inc (MBLY) Q2 2026 Earnings Call Highlights: Strong Profit Growth Amid Flat Revenue
• Negative Sentiment: The biggest concern is leadership uncertainty: founder and CEO Amnon Shashua announced plans to step down once a successor is found, creating a transition risk as Mobileye pushes into robotaxis and robotics. Mobileye founder Shashua plans to step down as CEO

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MBLY shares. BNP Paribas Exane dropped their target price on shares of Mobileye Global from $11.50 to $8.50 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Royal Bank Of Canada increased their price target on shares of Mobileye Global from $9.00 to $10.00 and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Mizuho boosted their price objective on shares of Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Wall Street Zen raised Mobileye Global from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, TD Cowen boosted their price target on Mobileye Global from $10.00 to $11.50 and gave the stock a “buy” rating in a report on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.57.

Institutional Inflows and Outflows

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

Mobileye Global Price Performance

The company has a market cap of $6.78 billion, a price-to-earnings ratio of -1.62 and a beta of 1.16. The business’s fifty day moving average price is $9.40 and its 200 day moving average price is $9.02.

About Mobileye Global

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.