MBLY Stock Recent News

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Mobileye Global Inc. (NASDAQ: MBLY) breached their fiduciary duties to shareholders.

Mobileye's share price has declined in recent weeks due to weak 2025 guidance and a lack of meaningful updates regarding its advanced product portfolio. The lack of wins is potentially important as SuperVision, Chauffeur, and Drive will determine Mobileye's future growth. Mobileye must make progress with its advanced products soon, or its share price is likely to come under further pressure.

MBLY reports better-than-expected Q4 2024 results and expects full-year 2025 revenues in the range of $1.69-$1.81 billion compared with $1.65 billion recorded in 2024.

Mobileye Global Inc. (NASDAQ:MBLY ) Q4 2024 Results Conference Call January 30, 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 Shreyas Patel - Wolfe Research Chris McNally - Evercore ISI Joseph Spak - UBS Dan Levy - Barclays Adam Jonas - Morgan Stanley Colin Rusch - Oppenheimer & Company Mark Delaney - Goldman Sachs George Gianarikas - Canaccord Genuity Xin Yu - Deutsche Bank Antoine Chkaiban - New Street Research Tom Narayan - RBC Capital Markets Operator Greetings, and welcome to the Mobileye Fourth Quarter and Full Year 2024 Earnings Call.

Mobileye Global (MBLY 3.75%) is a leader in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technologies. On Jan. 30, 2025, it announced its earnings for the fourth quarter of 2024, showing signs of progress despite some challenges.

Mobileye Global (MBLY) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.28 per share a year ago.

Mobileye Global forecast fiscal 2025 revenue below Wall Street expectations on Thursday, anticipating weaker shipments for its assisted driving technology to China as its automotive customers face stiff competition from local players.

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months and for the year ended December 28, 2024. “I'm proud of our accomplishments in 2024. Against a challenging backdrop, we executed dozens of production program launches on-time for our customers and shipped the 200 millionth EyeQTM system in our history. In 2024, while generating $400 million of operating cash flow, we also made outstanding progress on the technol.

Mobileye (MBLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mobileye NASDAQ: MBLY short interest remains high and has the stock set up for a squeeze. At 20%, the short interest rate is sufficiently high to drive a significant upside in the price action; all it will take is good news, and there is reason to believe it will come in 2025.