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Mobileye Lifts Annual Revenue Forecast as Auto Industry Demand Recovers
Mobileye said stronger EyeQ demand lifted Q1 results and prompted a higher 2026 outlook, while a $250 million buyback aims to offset dilution.
- On Thursday, Mobileye Global Inc. reported first-quarter revenue of $558 million, up 27% year-over-year and topping analyst estimates, while raising full-year 2026 guidance to $1.935 billion–$2.015 billion.
- Despite revenue growth, the company posted a $3.8 billion GAAP net loss, driven by a $3.788 billion non-cash goodwill impairment related to Intel's 2017 acquisition; non-GAAP adjusted net profit reached $96 million, up 52.4%.
- To demonstrate confidence in business durability, Mobileye announced a $250 million share buyback program intended to offset dilution from equity compensation. Shares gained 6.3% on Friday to trade at $9.25.
- Securing a design win with Mahindra, the company added a third Surround ADAS customer and a second for its SuperVision product, CEO Amnon Shashua said, reflecting strong execution across programs.
- Mobileye plans an AI Day in July to detail integration of large vision-language models for robotics and automotive applications. The company targets 2027 for expanded robotaxi commercialization across multiple cities.
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These Analysts Revise Their Forecasts On Mobileye After Q1 Results - Mobileye Global (NASDAQ:MBLY)
Mobileye (MBLY) beat Q1 estimates and raised FY26 revenue outlook. Analysts have mixed opinions on the stock, with price targets ranging from $9 to $17 Latest Ratings for MBLY DateFirmActionFromTo Apr 2017BairdDowngradesOutperformNeutral Mar 2017Piper SandlerDowngradesOverweightNeutral Mar 2017Goldman SachsDowngradesBuyNeutral View More Analyst Ratings for MBLY View the Latest Analyst Ratings Importance Rank: 1
·New York, United States
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Mobileye targets $1.975B 2026 revenue midpoint as EyeQ demand stays strong and share buyback launches (NASDAQ:MBLY)
Mobileye (MBLY) Q1 2026 earnings call recap: EyeQ demand surge, raised 2026 revenue & profit outlook, buyback plans, China risks & ADAS milestones—read now.
·United States
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Coverage Details
Total News Sources11
Leaning Left1Leaning Right1Center5Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
14%
C 72%
14%
Factuality
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