Mobileye Global (NASDAQ:MBLY) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Mobileye Global (NASDAQ:MBLY) posted its quarterly earnings data on Thursday. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01, FiscalAI reports. Mobileye Global had a positive return on equity of 0.70% and a negative net margin of 201.49%. The company had revenue of $492.00 million for the quarter, compared to the consensus estimate of $476.78 million. During the same quarter in the previous year, the business earned $0.09 EPS. The company’s quarterly revenue was down 2.4% compared to the same quarter last year.

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

• Mobileye raised its 2026 outlook, increasing the revenue midpoint to approximately $2.008 billion and adjusted operating income to $400 million. The company cited stronger-than-expected EyeQ demand, higher SuperVision deliveries, cost discipline, and a $190 million Israeli R&D incentive.
• EyeQ shipments are expected to grow about 10% year over year in 2026, despite slightly declining global vehicle production. Chinese OEM exports, emerging-market ADAS adoption, and demand from Mobileye’s top customers are driving the outperformance.
• Mobileye reported growing traction for higher-content ADAS offerings, including Surround ADAS and Cloud-Enhanced ADAS using REM mapping. Management expects these programs, along with SuperVision and Chauffeur launches with Volkswagen Group, to support materially higher ASPs over the next several years.
• The company is pursuing a broader role in robotaxis, targeting deployment of approximately 100 vehicles in one U.S. city in 2027 while partnering on fleet operations and infrastructure. Mobileye is also working toward lower-cost platforms that could reduce reliance on lidar through greater use of imaging radar.
• Management expects a sequentially weaker fourth quarter, with revenue projected at roughly $450 million and adjusted operating income near $60 million. The decline reflects lower EyeQ orders, a step-down in SuperVision shipments, and somewhat higher operating expenses; rising memory costs also remain a 2027 pricing risk, although the company is negotiating pass-throughs with customers.

Mobileye Global Trading Down 9.2%

NASDAQ MBLY traded down $0.65 during trading hours on Thursday, reaching $6.41. 9,238,722 shares of the company’s stock were exchanged, compared to its average volume of 6,933,301. The stock has a market cap of $5.38 billion, a PE ratio of -1.28, a price-to-earnings-growth ratio of 2.12 and a beta of 1.25. Mobileye Global has a one year low of $6.37 and a one year high of $14.33. The firm has a fifty day moving average of $7.79 and a 200-day moving average of $8.60.

Insider Activity

In related news, Director Safroadu Yeboah-Amankwah bought 11,841 shares of Mobileye Global stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of $8.46 per share, for a total transaction of $100,174.86. Following the completion of the transaction, the director owned 84,336 shares of the company’s stock, valued at approximately $713,482.56. This trade represents a 16.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.00% of the stock is owned by corporate insiders.

More Mobileye Global News

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

• Positive Sentiment: Q3 results exceeded expectations. Mobileye reported adjusted earnings of $0.11 per share, ahead of the $0.10 consensus estimate, while revenue of $492 million surpassed the roughly $477 million forecast. EPS also improved from $0.09 a year earlier. Earnings Flash: Mobileye Posts Q3 Adjusted EPS of $0.11
• Positive Sentiment: Full-year revenue guidance was raised. Mobileye increased the midpoint of its 2026 revenue outlook by $13 million and narrowed the range to $1.995 billion-$2.020 billion, citing stronger-than-expected SuperVision deliveries and memory-cost pass-through. Adjusted operating income guidance is $380 million-$420 million. Mobileye Reports Q3 Revenue and Raises 2026 Outlook
• Positive Sentiment: Profitability and cash generation improved. GAAP gross margin rose to 53% from 48% a year earlier, the operating loss narrowed to $82 million from $109 million, and operating cash flow reached $303 million for the first nine months.
• Neutral Sentiment: SuperVision momentum was a key bright spot: EyeQ and SuperVision revenue totaled $468 million, with 9.5 million systems shipped. Recent insider activity also showed purchases by two executives, although institutional positioning remained mixed.
• Negative Sentiment: Revenue still declined year over year. Q3 revenue fell 2.4% from $504 million, and Mobileye posted a $67 million GAAP net loss, or $0.08 per share. The ongoing losses and weak top-line growth appear to be offsetting the earnings beat and improved outlook. Mobileye Slides Despite Guidance Update

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MBLY. UBS Group cut their price target on shares of Mobileye Global from $9.00 to $7.50 and set a “neutral” rating on the stock in a report on Wednesday, October 7th. JPMorgan Chase & Co. cut their price objective on shares of Mobileye Global from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. The Goldman Sachs Group lowered their price objective on Mobileye Global from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Tigress Financial decreased their price target on shares of Mobileye Global from $25.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Morgan Stanley lowered their price target on Mobileye Global from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $10.88.

About Mobileye Global

Mobileye Global Inc (NASDAQ:MBLY) develops advanced driver-assistance systems and autonomous driving technologies for vehicle manufacturers worldwide. Founded in 1999 and headquartered in Jerusalem, Israel, the company provides computer-vision and artificial-intelligence solutions designed to improve vehicle safety and support automated driving.

Its product portfolio includes EyeQ system-on-chips, camera-based driver-assistance features, and software for functions such as automatic emergency braking, lane-keeping assistance, adaptive cruise control, and traffic-sign recognition.