MBLY Stock Recent News

Mobileye (MBLY 14.90%) stock is rocketing higher in Monday's trading. The machine vision specialist's share price was up 16.4% as of 1 p.m.

Mobileye Global Inc MBLY stock surged after BofA Securities analyst John P. Babcock upgraded it from Underperform to Neutral and raised its price target from $12 to $19.

Mobileye (NASDAQ:MBLY) shares surged more than 14% after it was announced that Lyft Inc (NASDAQ:LYFT) will launch Mobileye-powered robotaxis in Dallas as soon as 2026. Shares of Mobileye, a leading provider of advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology, added 14.1% at about $18 late morning, while Lyft stock was up 3.1%.

Lyft says it will bring fully autonomous robotaxis to its app ‘as soon as 2026.'

U.S. ride-hailing firm Lyft is planning to launch fully autonomous robotaxis, powered by Mobileye , to its app "as soon as 2026" in Dallas, TechCrunch reported on Monday.

Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, with more markets to follow, TechCrunch has exclusively learned.

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.