MBLY

In Q1 2026, Mobileye reported adjusted earnings per share (EPS) of $0.12, surpassing consensus, with 27% revenue growth and raised full-year guidance, leading to a stock surge. Despite strong operational performance, the company reported a non-cash $3.8 billion goodwill impairment charge in Q1 2026, resulting in a GAAP net loss. Mobileye launched a $250 million Class A share repurchase program, funded by existing and future cash flows. In February 2026, Mobileye acquired Mentee Robotics, a humanoid robotics company, for $591 million, expanding its focus into mobile robots. In Q2 2026, Mobileye again exceeded analyst expectations with $0.19 EPS and $508 million revenue, but concerns about Q3 guidance and a management shakeup led to a nearly 10% stock tumble. Founder Amnon Shashua announced his intention to step down as CEO after 27 years, prompting a board search for a successor. Directors Frank D. Yeary and Safroadu Yeboah-Amankwah purchased MBLY shares in late July to early August 2026, signaling insider confidence. On September 3, 2026, Yaacov Kobi Ohayon was appointed as Principal Operating Officer. In September 2026, Mobileye Global led a Series B funding round for Beep, Inc., an autonomous mobility provider, to expand autonomous mobility networks in the US. Zacks Research upgraded Mobileye Global to a "Strong-Buy" rating on September 23, 2026. Over the past six months, MBLY stock has seen a decline of 2.94%, with broader declines of 4.82% in the past week, 14.95% in the past month, and 48.16% over the last year, and its 52-week range has been between a low of $6.47 and a high of $15.81.