Mobileye Global (NASDAQ:MBLY) Shares Gap Down – Time to Sell?

Mobileye Global Inc. (NASDAQ:MBLY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $8.78, but opened at $8.15. Mobileye Global shares last traded at $7.8740, with a volume of 3,335,893 shares traded.

Mobileye Global News Summary

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

• Positive Sentiment: Mobileye beat Q2 expectations with EPS of $0.19 versus the $0.06 consensus and revenue of $508 million versus $480.5 million expected, signaling better-than-expected execution. Article: Mobileye Global (MBLY) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company said its core business continues to show strong momentum, helped by advanced product launches and improved profitability, which supports the long-term investment case. Article: Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Neutral Sentiment: Mobileye updated FY2026 revenue guidance to about $2.0 billion, roughly in line with expectations, suggesting no major change to the near-term sales outlook. Article: Mobileye Releases Second Quarter 2026 Results, Updates Guidance, and Provides Business Overview
• Negative Sentiment: Founder and CEO Amnon Shashua plans to step down once a successor is appointed, creating leadership uncertainty that can weigh on shares in the near term. Article: Mobileye founder Shashua plans to step down as CEO
• Negative Sentiment: Even with the earnings beat, investors may be cautious because Mobileye still faces a loss-making profile and the stock has been volatile after a long decline from prior highs. Reference: Mobileye Global stock information

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MBLY shares. Mizuho lifted their target price on Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Zacks Research upgraded Mobileye Global from a “hold” rating to a “strong-buy” rating in a report on Monday. The Goldman Sachs Group increased their price target on Mobileye Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Barclays decreased their price objective on Mobileye Global from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Finally, Jefferies Financial Group assumed coverage on shares of Mobileye Global in a research note on Monday, May 18th. They set an “underperform” rating and a $8.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Mobileye Global has an average rating of “Hold” and a consensus target price of $13.70.

Mobileye Global Stock Down 13.9%

The stock has a market cap of $6.36 billion, a PE ratio of -1.50 and a beta of 1.16. The firm has a fifty day moving average of $9.46 and a 200 day moving average of $9.04.

Mobileye Global (NASDAQ:MBLY) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $558.00 million for the quarter, compared to analysts’ expectations of $519.34 million. Mobileye Global had a positive return on equity of 0.33% and a negative net margin of 203.97%.Mobileye Global’s quarterly revenue was up 27.4% on a year-over-year basis. During the same period last year, the firm earned $0.08 earnings per share. On average, equities research analysts forecast that Mobileye Global Inc. will post -0.09 EPS for the current fiscal year.

Mobileye Global declared that its board has initiated a stock buyback program on Thursday, April 23rd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to purchase up to 3.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Mobileye Global

Several institutional investors have recently added to or reduced their stakes in MBLY. Dynamic Advisor Solutions LLC raised its stake in shares of Mobileye Global by 6.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,068 shares of the company’s stock worth $168,000 after purchasing an additional 957 shares during the last quarter. Sei Investments Co. increased its stake in Mobileye Global by 2.5% in the 2nd quarter. Sei Investments Co. now owns 45,080 shares of the company’s stock valued at $811,000 after buying an additional 1,090 shares during the period. Cresset Asset Management LLC raised its position in Mobileye Global by 6.3% during the 3rd quarter. Cresset Asset Management LLC now owns 18,819 shares of the company’s stock worth $266,000 after buying an additional 1,110 shares during the last quarter. Greenfield Seitz Capital Management LLC lifted its stake in shares of Mobileye Global by 5.5% in the 4th quarter. Greenfield Seitz Capital Management LLC now owns 26,939 shares of the company’s stock worth $281,000 after acquiring an additional 1,393 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Mobileye Global by 465.7% in the 3rd quarter. IFP Advisors Inc now owns 1,816 shares of the company’s stock worth $26,000 after acquiring an additional 1,495 shares during the period. Hedge funds and other institutional investors own 13.25% of the company’s stock.

Mobileye Global Company Profile

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.