Mobileye Global (NASDAQ:MBLY) Posts Earnings Results

24 Apr 2026, 15:44 by Tristan Rich · The Markets Daily

Mobileye Global (NASDAQ:MBLY – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03, Briefing.com reports. The company had revenue of $558.00 million for the quarter, compared to analyst estimates of $519.34 million. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The business’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.08 EPS.

Here are the key takeaways from Mobileye Global’s conference call:

Q1 beat and guidance raised — Revenue rose 27% year‑over‑year to $558M, adjusted operating income increased 61%, operating cash flow was $75M, and management pushed the 2026 outlook toward the high end while announcing a share buyback.
ADAS demand is strong but mixed for margins — higher ADAS fitment and robust Chinese OEM export volumes drove unit upside, but the increased China mix and some dual‑chip programs exert downward pressure on ASPs and revenue‑to‑profit conversion.
Advanced products show execution progress — a successful 2,000+ km SuperVision test on production EyeQ6 High and Volkswagen/MOIA pre‑series Robotaxi production and U.S. testing support the target of driver‑out validation by end‑2026 and EU homologation in H1 2027.
Accounting and acquisition effects weighed on GAAP results — the company recorded a $3.8B goodwill impairment in Q1 and completed the Mentee acquisition (introducing future share‑based compensation vesting through 2028/2030), though buybacks are intended to offset dilution.

Mobileye Global Trading Up 6.8%

NASDAQ:MBLY traded up $0.60 on Friday, reaching $9.30. The stock had a trading volume of 6,532,195 shares, compared to its average volume of 8,156,156. The company has a 50-day moving average of $7.92 and a 200 day moving average of $10.35. The stock has a market cap of $7.82 billion, a P/E ratio of -18.89 and a beta of 0.75. Mobileye Global has a 12-month low of $6.47 and a 12-month high of $20.18.

Hedge Funds Weigh In On Mobileye Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MBLY. NewEdge Advisors LLC boosted its position in Mobileye Global by 10.7% in the 1st quarter. NewEdge Advisors LLC now owns 31,228 shares of the company’s stock valued at $450,000 after buying an additional 3,019 shares during the last quarter. Rhumbline Advisers purchased a new position in Mobileye Global in the 1st quarter valued at about $27,000. Creative Planning lifted its position in shares of Mobileye Global by 10.2% during the second quarter. Creative Planning now owns 18,316 shares of the company’s stock worth $329,000 after purchasing an additional 1,693 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Mobileye Global during the second quarter worth about $351,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Mobileye Global during the second quarter worth about $31,000. 13.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MBLY has been the subject of a number of research analyst reports. UBS Group upped their price objective on Mobileye Global from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Friday. Tigress Financial restated a “buy” rating and set a $25.00 price objective on shares of Mobileye Global in a report on Thursday, January 29th. Wall Street Zen downgraded Mobileye Global from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Weiss Ratings restated a “sell (e+)” rating on shares of Mobileye Global in a report on Wednesday, January 28th. Finally, Wells Fargo & Company dropped their price objective on Mobileye Global from $24.00 to $18.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.55.

Read Our Latest Analysis on Mobileye Global

Key Headlines Impacting Mobileye Global

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

Positive Sentiment: Q1 beat and raised guidance — Mobileye reported Q1 adjusted EPS of $0.12 (vs. ~$0.09 consensus) and revenue of $558M (+27% y/y), and it modestly raised its 2026 revenue outlook, driving investor optimism. Read More.
Positive Sentiment: $250M buyback authorized — the board approved repurchases of up to $250M (~3.8% of shares), a signal management believes the stock is undervalued and a likely support for the share price. Read More.
Positive Sentiment: Product/strategy momentum — company highlighted progress on robotaxi/autonomy initiatives and secured a design win with Mahindra for next‑generation SuperVision, supporting longer-term growth expectations. Read More.
Neutral Sentiment: Analyst consensus is still “Hold” — 24 brokerages cover MBLY with a mix of sell/hold/buy ratings, producing an overall hold consensus that tempers upside. Read More.
Neutral Sentiment: Goldman Sachs nudged its price target to $9 and kept a “neutral” rating — a small PT move that is unlikely to materially change sentiment. Read More.
Neutral Sentiment: UBS raised its PT to $10 but kept a “neutral” rating — modest upside implied but not a bullish endorsement. Read More.
Negative Sentiment: Canaccord trimmed its price target from $24 to $17 (still a “buy”) — a meaningful cut to long-range upside that may weigh on investor expectations despite the retained buy rating. Read More.
Negative Sentiment: BNP Paribas Exane cut its target to $8.50 (neutral) — this lowers the analyst-implied valuation and highlights continued disagreement among brokers on fair value. Read More.

Mobileye Global declared that its board has authorized 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 shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Mobileye Global Company Profile

(Get Free Report)

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.