Oppenheimer has reduced its price target for Mobileye N.V. (NASDAQ: MBLY) to $27.00, down from the previous target of $28.00, while continuing to assign an Outperform rating on the stock as of Thursday. Currently, Mobileye shares trade near their 52-week low, priced at approximately $10.62, with data showing the stock approaching its low point of $10.04 within the last year.
The lowered price target reflects Mobileye’s conservative guidance for 2026, which anticipates a modest 3.6% growth in unit sales combined with flat pricing and challenges associated with product mix changes. Notwithstanding the measured growth outlook, Oppenheimer highlights that Mobileye’s product inventory across the industry remains lean, potentially supporting demand stability. Over the past twelve months, Mobileye has achieved revenue growth of 7.61%, and analysts project a more robust 14% revenue increase for the fiscal year 2025.
Oppenheimer underscores the company’s steady progress toward fully autonomous vehicle deployment without safety drivers, aligning with Mobileye’s timeline to initiate deployments this year and reach six cities by 2027. The firm positions Mobileye as the clear runner-up in the autonomous vehicle sector, trailing only Waymo in technological and market development.
Significant attention is given to Mobileye’s advanced simulation capabilities, which Oppenheimer believes are crucial for handling edge cases in autonomous driving, accelerating learning cycles for the system, and offering greater customization options for original equipment manufacturers (OEMs). Despite moderated expectations for sales growth and the increased overhead tied to integrating Mentee, Oppenheimer retains a favorable long-term outlook on Mobileye’s equity.
In recent earnings disclosures, Mobileye Global Inc. reported its Q4 2025 results, revealing earnings per share (EPS) of $0.06—substantially below market forecasts of $0.24. Revenue came in at $446 million, falling short of analyst expectations by over $280 million, which were projected at $726.82 million. These disappointing earnings and revenue figures have drawn attention within investment circles, highlighting ongoing challenges for Mobileye in achieving projected financial targets.
This report follows Mobileye’s continued advances in autonomous vehicle technology while navigating market and operational pressures. Investors and analysts are likely to recalibrate their outlooks based on these results and updated guidance.