MBLY Stock Recent News

Autonomous vehicles are rolling out across the country, but it's not Tesla (TSLA 2.92%) that's leading the way. Instead, companies like Mobileye (MBLY 2.06%) are powering the autonomous future.

Needham analyst Quinn Bolton reiterated the Buy rating on Mobileye Global Inc. MBLY, lowering the price forecast from $20 to $18.

MBLY's first-quarter earnings match expectations, while revenues surpass the Zacks Consensus Estimate.

Mobileye reported slightly better Q1'25 revenues, but the company still hasn't topped revenues from 2 years ago. The company had some promising news on robotaxi services, but the material revenue benefit still won't occur until 2027. The stock trades at an EV/S multiple of 6x, not cheap enough for a 3rd wheel in AVs.

Mobileye, a leader in ADAS and autonomous driving, partners with major automakers and holds a significant market share, positioning it for massive growth. Despite a 50% stock drop this year, recent earnings show rapid business expansion and potential for substantial recovery, possibly doubling within a year. Mobileye's growth prospects include $2 billion in sales next year, 20-30%+ sales growth, and the potential for a significant short squeeze due to improving fundamentals.

Mobileye Global Inc. (NASDAQ:MBLY ) Q1 2025 - Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Dan Galves - Chief Communications Officer Prof. Amnon Shashua - President, Chief Executive Officer Moran Shemesh - Chief Financial Officer Nimrod Nehushtan - EVP of Business Development, Strategy Conference Call Participants Joe Spak - UBS Joshua Buchalter - TD Cowen Shreyas Patel - Wolfe Research Adam Jonas - Morgan Stanley Antoine Chkaiban - New Street Research Mark Delaney - Goldman Sachs Aaron Rakers - Wells Fargo Gary Mobley - Loop Capital Edison Yu - Deutsche Bank Tom Narayan - RBC Operator Greetings, and welcome to the Mobileye First Quarter 2025 Earnings Call.

Mobileye Global (MBLY) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.07 per share a year ago.

Mobileye Global beat Wall Street expectations for first-quarter revenue on Thursday, benefiting from an increase in orders for its driver-assistance technology.

Needham analyst Quinn Bolton initiated coverage on Valens Semiconductor VLN with a Buy rating and a price target of $4 Friday. The stock gained after the report.

Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Strattec Security (STRT) and Mobileye Global (MBLY). But which of these two companies is the best option for those looking for undervalued stocks?