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

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

MBLY has been the subject of a number of other research reports. Mizuho increased their target price on Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. TD Cowen boosted their price target on Mobileye Global from $10.00 to $11.50 and gave the stock a “buy” rating in a research report on Monday, July 13th. The Goldman Sachs Group upped their price target on Mobileye Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Mobileye Global in a research report on Friday. Finally, Jefferies Financial Group began coverage on shares of Mobileye Global in a research note on Monday, May 18th. They set an “underperform” rating and a $8.00 price objective on the stock. Two equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.27.

Mobileye Global Stock Performance

Shares of NASDAQ MBLY opened at $8.05 on Friday. Mobileye Global has a 12-month low of $6.47 and a 12-month high of $15.81. The company has a market cap of $6.77 billion, a P/E ratio of -1.61 and a beta of 1.16. The stock has a fifty day moving average price of $9.36 and a 200 day moving average price of $8.99.

Mobileye Global (NASDAQ:MBLY) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.06 by $0.13. The company had revenue of $508.00 million for the quarter, compared to analyst estimates of $480.51 million. Mobileye Global had a positive return on equity of 0.70% and a negative net margin of 201.49%.The firm’s revenue was up .4% compared to the same quarter last year. During the same period last year, the company posted ($0.08) earnings per share. On average, sell-side analysts forecast that Mobileye Global will post -0.09 EPS for the current fiscal year.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Dynamic Advisor Solutions LLC grew its stake in Mobileye Global by 6.3% during 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 in the last quarter. Sei Investments Co. raised its position 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 purchasing an additional 1,090 shares in the last quarter. Cresset Asset Management LLC raised 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 purchasing an additional 1,110 shares in the last quarter. Greenfield Seitz Capital Management LLC raised its position in shares of 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 purchasing an additional 1,393 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Mobileye Global by 465.7% during the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock valued at $26,000 after buying an additional 1,495 shares during the last quarter. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global News Roundup

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.