Mobileye Global (NASDAQ:MBLY) Announces Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Mobileye Global (NASDAQ:MBLY) released its earnings results on Friday. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.13, Briefing.com reports. Mobileye Global had a positive return on equity of 0.33% and a negative net margin of 203.97%.The company had revenue of $508.00 million for the quarter, compared to the consensus estimate of $482.20 million. During the same period in the previous year, the business earned ($0.08) earnings per share. Mobileye Global’s quarterly revenue was up .4% compared to the same quarter last year.

Mobileye Global Trading Up 11.3%

Shares of MBLY stock traded up $0.84 on Friday, reaching $8.31. The company’s stock had a trading volume of 5,696,291 shares, compared to its average volume of 7,543,805. Mobileye Global has a 1 year low of $6.47 and a 1 year high of $15.81. The stock’s fifty day simple moving average is $9.40 and its 200-day simple moving average is $9.02. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of -1.65 and a beta of 1.16.

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

Institutional Investors Weigh In On Mobileye Global

Several institutional investors have recently modified their holdings of MBLY. Burkehill Global Management LP purchased a new position in Mobileye Global during the 3rd quarter valued at $42,360,000. Two Sigma Investments LP grew its holdings in shares of Mobileye Global by 131.9% in the third 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 last quarter. BNP Paribas Financial Markets increased its stake in Mobileye Global by 436.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,489,803 shares of the company’s stock worth $35,156,000 after buying an additional 2,025,257 shares during the period. Electron Capital Partners LLC purchased a new stake in Mobileye Global in the 3rd quarter valued at about $18,050,000. Finally, Vanguard Group Inc. grew its position in shares of Mobileye Global by 65.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,065,586 shares of the company’s stock worth $43,286,000 after buying an additional 1,213,448 shares in the last quarter. 13.25% of the stock is owned by institutional investors.

Key Stories Impacting Mobileye Global

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

• Positive Sentiment: Mobileye beat Q2 estimates, reporting adjusted EPS of $0.19 versus $0.06 expected and revenue of $508 million versus $482.2 million expected, helped by a $93 million Israeli R&D tax credit that boosted profitability and margins. Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Positive Sentiment: The company raised its full-year outlook after the earnings beat, reinforcing confidence that core business momentum remains intact heading into new product launches later in 2026 and 2027. Mobileye raises full-year outlook after second-quarter earnings beat (NASDAQ: MBLY)
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $13 price target, signaling Wall Street still sees meaningful upside from current levels. Benzinga report on Needham rating
• Neutral Sentiment: Mobileye’s Q2 earnings call and earnings highlights focused on strong profit growth despite relatively flat revenue, suggesting the company is improving efficiency even as top-line growth remains modest. Mobileye Global Inc (MBLY) Q2 2026 Earnings Call Highlights
• Negative Sentiment: Shashua’s planned exit after nearly three decades introduces uncertainty around execution and leadership continuity, especially as Mobileye pushes deeper into robotaxis, robotics, and other capital-intensive initiatives. Mobileye founder Shashua plans to step down as CEO
• Negative Sentiment: Some analysts remain cautious, arguing that despite the earnings beat, the leadership transition and added robotaxi risk make the stock harder to own at this stage. Mobileye’s 15% Drop: Why I’m Still Not Buying This Robotaxi Play

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Berenberg Bank downgraded Mobileye Global from a “buy” rating to a “hold” rating and set a $10.80 price objective for the company. in a research note on Thursday, May 21st. Royal Bank Of Canada dropped their price target on shares of Mobileye Global from $10.00 to $7.00 and set a “sector perform” rating for the company in a research report on Friday. Canaccord Genuity Group reduced their price objective on shares of Mobileye Global from $24.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group assumed 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, Needham & Company LLC reaffirmed a “buy” rating and issued a $13.00 target price on shares of Mobileye Global in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $13.43.

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.