Mobility Global (NYSE:MBGL) Posts Earnings Results

Mobility Global (NYSE:MBGL) released its quarterly earnings data on Friday. The company reported $0.18 EPS for the quarter, Zacks reports. The company had revenue of $468.00 million during the quarter.

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

• Revenue growth fell short of expectations: Second-quarter organic revenue grew approximately 7%, with B2B growth slowing to 4% and softer international automotive activity weighing on transactional revenue.
• Mobility Global lowered its full-year 2026 revenue guidance to $1.87 billion–$1.885 billion, or 6.9%–7.7% growth, and expects adjusted EBITDA of $745 million–$760 million with roughly a 40% midpoint margin.
• Profitability remained strong: Second-quarter adjusted EBITDA rose 7% to $202 million, while the adjusted EBITDA margin expanded 40 basis points to 43.2% as the company managed costs and funded growth investments.
• The company launched CARFAX Homegrown, CARFAX Showroom, automotiveMastermind SMS offers, and CARFAX Germany, which management expects to improve dealer monetization, product adoption, and international expansion.
• Mobility Global announced its first quarterly dividend of $0.06 per share and highlighted opportunities from integrating its five businesses, including shared CARFAX and automotiveMastermind data, AI deployment, and faster expansion into new markets.

Mobility Global Stock Performance

MBGL stock opened at $19.70 on Friday. Mobility Global has a fifty-two week low of $17.67 and a fifty-two week high of $26.00.

Mobility Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 27th.

Wall Street Analyst Weigh In

Several research firms have issued reports on MBGL. Royal Bank Of Canada assumed coverage on shares of Mobility Global in a research report on Thursday, July 2nd. They set a “sector perform” rating and a $23.00 price target on the stock. Zacks Research raised Mobility Global to a “hold” rating in a research report on Thursday, July 30th. UBS Group set a $23.00 target price on Mobility Global in a research note on Thursday, July 2nd. Wolfe Research upgraded Mobility Global to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Wells Fargo & Company dropped their price target on Mobility Global from $27.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Mobility Global currently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

Mobility Global Company Profile

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.