Mobileye Global (NASDAQ:MBLY) Given New $7.00 Price Target at Royal Bank Of Canada

Mobileye Global (NASDAQ:MBLY) had its target price lowered by research analysts at Royal Bank Of Canada from $10.00 to $7.00 in a report issued on Friday,Benzinga reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential downside of 15.64% from the stock’s previous close.

A number of other research analysts have also recently issued reports on MBLY. Needham & Company LLC reiterated a “buy” rating and set a $13.00 price objective on shares of Mobileye Global in a report on Friday. Jefferies Financial Group began coverage on Mobileye Global in a research note on Monday, May 18th. They set an “underperform” rating and a $8.00 price target for the company. TD Cowen increased their price objective on Mobileye Global from $10.00 to $11.50 and gave the stock a “buy” rating in a research note on Monday, July 13th. Berenberg Bank cut shares of Mobileye Global from a “buy” rating to a “hold” rating and set a $10.80 price target on the stock. in a report on Thursday, May 21st. Finally, Mizuho lifted their target price on shares of Mobileye Global from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.43.

Mobileye Global Stock Performance

Shares of NASDAQ MBLY traded up $0.83 during midday trading on Friday, hitting $8.30. 4,682,491 shares of the stock traded hands, compared to its average volume of 7,534,380. Mobileye Global has a one year low of $6.47 and a one year high of $15.81. The business has a 50 day moving average price of $9.40 and a two-hundred day moving average price of $9.02. The company has a market cap of $6.98 billion, a PE ratio of -1.64 and a beta of 1.16.

Mobileye Global (NASDAQ:MBLY) last issued its earnings results on Friday, July 24th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. 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 analysts’ expectations of $482.20 million. During the same period last year, the business earned ($0.08) EPS. Mobileye Global’s quarterly revenue was up .4% compared to the same quarter last year. As a group, equities research analysts forecast that Mobileye Global will post -0.09 EPS for the current fiscal year.

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 repurchase up to 3.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Mobileye Global

A number of institutional investors and hedge funds have recently made changes to their positions in MBLY. IFP Advisors Inc grew its position in Mobileye Global by 465.7% during the third quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after buying an additional 1,495 shares in the last quarter. Rhumbline Advisers bought a new position in shares of Mobileye Global in the first quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Mobileye Global in the second quarter valued at approximately $31,000. Financial Management Professionals Inc. purchased a new stake in Mobileye Global in the fourth quarter valued at approximately $32,000. Finally, Leonteq Securities AG bought a new stake in Mobileye Global during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 13.25% of the company’s stock.

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

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.