JPMorgan Chase & Co. Cuts Mobileye Global (NASDAQ:MBLY) Price Target to $9.00

Mobileye Global (NASDAQ:MBLY) had its target price cut by JPMorgan Chase & Co. from $10.00 to $9.00 in a research report released on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other research firms have also recently issued reports on MBLY. Jefferies Financial Group began coverage on shares of Mobileye Global in a research report on Monday, May 18th. They issued an “underperform” rating and a $8.00 price objective on the stock. Barclays dropped their target price on shares of Mobileye Global from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, March 30th. TD Cowen reduced their price target on Mobileye Global from $11.50 to $9.00 and set a “buy” rating on the stock in a report on Friday. UBS Group boosted their price target on Mobileye Global from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Finally, Weiss Ratings raised Mobileye Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mobileye Global currently has a consensus rating of “Hold” and an average target price of $13.27.

Mobileye Global Stock Performance

Shares of Mobileye Global stock opened at $8.05 on Friday. Mobileye Global has a 52-week low of $6.47 and a 52-week high of $15.81. The company’s 50 day moving average price is $9.36 and its 200-day moving average price is $8.99. The stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of -1.61 and a beta of 1.16.

Mobileye Global (NASDAQ:MBLY) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.13. The company had revenue of $508.00 million during the quarter, compared to analyst estimates of $480.51 million. Mobileye Global had a negative net margin of 201.49% and a positive return on equity of 0.70%. The firm’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.08) EPS. As a group, equities research analysts forecast that Mobileye Global will post -0.09 earnings per share for the current fiscal year.

Mobileye Global declared that its Board of Directors has approved a stock buyback program on Thursday, April 23rd that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the company to purchase up to 3.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Mobileye Global

A number of large investors have recently modified their holdings of the stock. Burkehill Global Management LP bought a new position in Mobileye Global in the third quarter worth about $42,360,000. Two Sigma Investments LP boosted its position in Mobileye Global by 131.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,383,735 shares of the company’s stock valued at $61,898,000 after acquiring an additional 2,493,181 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in Mobileye Global during the 2nd quarter valued at approximately $23,423,000. Engineers Gate Manager LP grew its holdings in shares of Mobileye Global by 140.9% during the 4th quarter. Engineers Gate Manager LP now owns 3,577,407 shares of the company’s stock worth $37,348,000 after acquiring an additional 2,092,250 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in shares of Mobileye Global by 436.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,489,803 shares of the company’s stock worth $35,156,000 after acquiring an additional 2,025,257 shares during the period. Institutional investors own 13.25% of the company’s stock.

Key Mobileye Global News

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

• Positive Sentiment: Mobileye reported strong second-quarter results, with EPS of $0.19 beating estimates of $0.06 and revenue of $508 million coming in above expectations, helped by an R&D incentive grant and stronger shipments. Article Title
• Positive Sentiment: The company also raised its 2026 outlook, which signals management confidence in continued operating momentum and may help support the stock. Article Title
• Positive Sentiment: Needham reaffirmed its buy rating and maintained a $13 price target, suggesting meaningful upside from current levels. Article Title
• Neutral Sentiment: TD Cowen lowered its price target to $9 from $11.50 but kept a buy rating, indicating optimism remains despite a more cautious valuation view. Article Title
• Neutral Sentiment: JPMorgan and Mizuho both cut targets and stayed at neutral, while RBC lowered its target to $7 and kept a sector perform view, reflecting divided analyst sentiment after the earnings update. Article Title
• Negative Sentiment: Founder and CEO Amnon Shashua’s planned exit is creating uncertainty around leadership at a time when Mobileye is pushing deeper into robotaxis and robotics, increasing execution risk. Article Title
• Negative Sentiment: A Seeking Alpha commentary argued the stock’s selloff reflects concerns that the leadership transition and robotaxi strategy add risk despite the earnings beat and higher guidance. Article Title

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.