# Mobileye Global Inc. (MBLY)

> Source: Nexqual · https://nexqual.com/MBLY · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Mobileye Global Inc. (MBLY), nexqual.com/MBLY" · informational, not investment advice.

**Price:** USD 6.95 (-1.00% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 7.02 · day 6.86–7.15 · 52w 6.47–14.52 · market cap $5.91B · NMS

## Key facts
- Last four reported quarters (through Jun 27, 2026): revenue $2.02B, net income -$4.06B (-201.5% margin), free cash flow $388M (SEC filings).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $199K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.46 on a 1–5 scale) (24 analysts), mean target USD 11.11 (range 5–27).
- Total return with dividends: 1Y -50.7% vs S&P 500 +14.9%; 5Y -74.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.1, revenue estimate $477M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.87B | $2.08B | $1.65B | $1.89B | $2.02B |
| Gross profit | $655M | $922M | $1.05B | $741M | $904M | — |
| Operating income | -$57.0M | -$37.0M | -$33.0M | -$3.23B | -$440M | -$4.17B |
| Net income | -$75.0M | -$82.0M | -$27.0M | -$3.09B | -$392M | -$4.06B |
| EPS (diluted) | -$0.10 | -$0.11 | -$0.03 | -$3.82 | -$0.48 | — |
| Free cash flow | $456M | $435M | $296M | $319M | $523M | $388M |
| Gross margin | 47.3% | 49.3% | 50.4% | 44.8% | 47.7% | — |
| Operating margin | -4.1% | -2.0% | -1.6% | -195.0% | -23.2% | -207.1% |
| Net margin | -5.4% | -4.4% | -1.3% | -186.8% | -20.7% | -201.5% |
| Revenue growth | +43.3% | +34.8% | +11.2% | -20.4% | +14.5% | — |
| Cash + short-term investments | $616M | $1.02B | $2.14B | $2.41B | $2.91B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 27, 2026)
P/S 2.9x · P/FCF 15.2x · P/B 0.7x · FCF yield 6.57% · Earnings yield -68.74%

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $199K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-06 | Yeboah-Amankwah Safroadu | Director | 11,841 | $100K | 8.46 | Too little history (no open-market trades in 2023 or 2025) |
| 2026-07-30 | Yeary Frank D | Director | 12,360 | $99K | 7.98 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.46 on a 1–5 scale), 24 analysts; mean target USD 11.11 (low 5, high 27).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | RBC Capital | Downgrade | Sector Perform → Underperform | $7 → $5 |
| 2026-10-19 | Evercore ISI Group | Target lowered | Outperform | $16 → $11 |
| 2026-10-19 | TD Cowen | Target lowered | Buy | $9 → $8 |
| 2026-10-16 | Citigroup | Initiated | Buy | $11 |
| 2026-10-15 | Morgan Stanley | Target lowered | Equal-Weight | $10 → $9 |
| 2026-10-07 | UBS | Target lowered | Neutral | $9 → $7.5 |
| 2026-10-06 | Goldman Sachs | Target lowered | Neutral | $9 → $8 |
| 2026-09-30 | Barclays | Downgrade | Overweight → Equal-Weight | $14 → $9 |
| 2026-07-30 | Tigress Financial | Target lowered | Buy | $25 → $18 |
| 2026-07-27 | Evercore ISI Group | Target lowered | Outperform | $20 → $16 |
| 2026-07-27 | Piper Sandler | Upgrade | Neutral → Overweight | $10 → $12 |
| 2026-07-25 | UBS | Target lowered | Neutral | $10 → $9 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2022-10-24) |
|---|---|---|
| Total return | -50.7% | -74.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -50.8% | -28.8% |
| Volatility (annualized) | 55.8% | 61.5% |
| Max drawdown | -53.4% (Oct 2025→Mar 2026) | -85.1% (May 2023→Mar 2026) |

## Peers (Auto Parts)
LEA (Lear Corporation) USD 118.61 +0.61% · LKQ (LKQ Corporation) USD 22.47 +5.10% · MOD (Modine Manufacturing Company) USD 135.17 -9.75% · GNTX (Gentex Corporation) USD 21.74 +3.52% · GTX (Garrett Motion Inc.) USD 22 -8.07% · ALV (Autoliv, Inc.) USD 118.88 +2.54%

## More
Full page: https://nexqual.com/MBLY · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in MBLY's own 10-K filed 2026-02-12 (https://www.sec.gov/Archives/edgar/data/1910139/000110465926014300/mbly-20251227x10k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | STMicroelectronics (STM) | "We also benefit from STMicroelectronics' advanced packaging and testing capabilities and automotive expertise." |
| Supplier | Quanta Computer | "We have also established a relationship with Quanta Computer, Taiwan Semiconductor Manufacturing Company ("TSMC") and other suppliers to develop and assemble our ECUs including our reference design for our Mobileye Super…" |
| Supplier | TSMC (TSM) | "We have also established a relationship with Quanta Computer, Taiwan Semiconductor Manufacturing Company ("TSMC") and other suppliers to develop and assemble our ECUs including our reference design for our Mobileye Super…" |
| Supplier | Amazon (AMZN) | "We also transmit and store RoadBook™ data on the cloud and operate MaaS connectivity infrastructure with Amazon Web Services, and we depend on Amazon Web Services for securing their underlying infrastructure for the data…" |
| Partner | Intel (INTC) | "Our Partnerships with STMicroelectronics and Intel" |
| Competitor | Tesla (TSLA) | "OEMs who have or are pursuing their own in-house solutions are also indirect competitors, with Tesla and Mercedes-Benz being examples of automakers taking that approach today, with others such as General Motors, NIO, Vol…" |
| Competitor | NVIDIA (NVDA) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Huawei | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Ambarella (AMBA) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | AMD (AMD) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Qualcomm (QCOM) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | NXP Semiconductors (NXPI) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Renesas | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Texas Instruments (TXN) | "Our silicon provider competitors include Ambarella, Advanced Micro Devices, Arriver / Qualcomm, Black Sesame Technologies, Horizon Robotics, Huawei, NVIDIA, NXP, Renesas Electronics, and Texas Instruments." |
| Competitor | Baidu (BIDU) | "AMaaS competitors include Cruise, Tesla, Motional, Waymo, NVIDIA, Yandex, and Zoox in the United States and Europe and Auto X, Baidu, Deeproute.ai, Didi Chuxing, Momenta, Pony.ai and WeRide in China." |
| Competitor | Sony (SONY) | "Consumer AV competitors include Sony and Tesla, who are developing self-driving vehicles for consumers." |
| Competitor | Alphabet (Google) (GOOGL) | "Moovit's free and subscription-based application competition includes Alphabet, Apple, Citymapper, and Transit." |

## Revenue by business segment (quarter ended 2026-06-27)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Mobileye | $498.0M | 98.0% | +0.2% |
| All Other Segments | $10.0M | 2.0% | +11.1% |
| Total revenue | $508.0M | 100% | — |

## Revenue by region (quarter ended 2026-06-27)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| China | $122.0M | 24.0% | +20.8% |
| United States | $114.0M | 22.4% | +4.6% |
| Germany | $72.0M | 14.2% | -18.2% |
| South Korea | $49.0M | 9.6% | -7.5% |
| Slovakia | $35.0M | 6.9% | +84.2% |
| Poland | $31.0M | 6.1% | +6.9% |
| United Kingdom | $27.0M | 5.3% | -18.2% |
| Rest Of World | $22.0M | 4.3% | +29.4% |
| Hungary | $14.0M | 2.8% | -50.0% |
| CZK | $12.0M | 2.4% | -40.0% |
| Thailand | $10.0M | 2.0% | +11.1% |
| Total revenue | $508.0M | 100% | — |

## Customer concentration

Period ended 2026-06-27: 28%, 16%, 15%, 14% of revenue from unnamed direct customers (10-Q, filed 2026-07-23).

## Company outlook (8-K filed 2026-07-23)

- "Full-year 2026 revenue outlook, at the midpoint, is increased by $20 million."
- "We are raising the midpoint of our full-year 2026 guidance for Adjusted Operating Income (Non-GAAP) and decreasing the midpoint for Operating Loss (GAAP) by 88% and 4%, respectively."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.10 | $0.05 | +98.0% | $477.0M | 19 |
| Next quarter (ends 2026-12-31) | $0.09 | $0.05 | +80.7% | $464.5M | 19 |
| Current fiscal year (ends 2026-12-31) | $0.50 | $0.28 | +79.5% | $2.01B | 21 |
| Next fiscal year (ends 2027-12-31) | $0.49 | $0.35 | +41.2% | $2.19B | 24 |