Mobileye Global Inc. (MBLY)
July 20, 2023
We think Mobileye Global’s (MBLY; $40.63; E/W) Q2 results and outlook, scheduled for next Thursday (7/27 before market), come with “less noise” relative to its first two quarterly calls since the company returned to the…
July 18, 2023
This morning, Mobileye Global (MBLY; $43.84; E/W) announced the launch of its Intelligent Speed Assist (ISA) software, which is designed for the company’s EyeQ System-on-Chip (SoC) platform. This software, which just completed full testing and…
June 27, 2023
Last night, Mobileye Global (MBLY; $36.00; E/W) announced that CFO Anat Heller, who joined the company in 2008 and has served as CFO since 2018, is stepping down from her role for personal reasons, effective…
June 21, 2023
We hosted a “fireside chat” for Mobileye Global’s (MBLY; $36.61; E/W) Chief Communications Officer Dan Galves yesterday as part of our Transportation Technology Conference. The conversation provided support for what we think are MBLY’s well-defined…
May 9, 2023
This morning, Volkswagen’s (VOW.DE; €153.55; NR) Porsche brand announced it entered into a strategic partnership with Mobileye Global (MBLY; $41.46; E/W) in which Porsche plans to integrate automated assistance and navigate on-pilot functionality into future…
April 28, 2023
The shares of Mobileye Global (MBLY; $37.50; NR) are still down 13% since management guided 2023E sales and operating profit moderately lower yesterday morning. The stock is also 22% off its recent high of $48.11…
April 27, 2023
Mobileye Global (MBLY; $43.09; E/W) reported Q1 adjusted EPS of $0.14, which was ahead of our $0.11 and the Street’s $0.12 on sales of $458mm (+16% YoY and -19% QoQ). By comparison, we were modeling…
April 17, 2023
We think Mobileye Global (MBLY; $43.13; E/W) produces Q1 sales, margins, and EPS that comfortably live up to Street expectations, which, per the table below, are moderately above our forecasts. Importantly, we think MBLY demonstrates…
March 15, 2023
We refined our “bottoms up” work around our Mobileye Global (MBLY; $40.93; E/W) forecasts after reviewing the company’s recent 10-K filing. Although, there is no change to our 2023/2024E sales, gross margin, and EPS forecasts,…
January 27, 2023
Mobileye Global (MBLY; $35.97; E/W) produced better than expected Q4 results and offered up 2023E sales and operating profit guidance that encompassed consensus forecasts, albeit with a more back-end loaded slope to the year. Specifically,…
January 26, 2023
Mobileye Global (MBLY; $33.95; E/W) reported adjusted Q4 EPS of $0.27, which was comfortably ahead of our $0.16 and the Street’s $0.17 on sales of $565mm (+59% YoY and +26% QoQ), which beat our $531mm…
January 6, 2023
Yesterday, Mobileye’s (MBLY; $29.84; E/W) Founder and CEO, Amnon Shashua, hosted a press conference at the Consumer Electronics Show (CES) in Las Vegas that suggested an increasingly bullish long-term outlook for the business on the…
January 3, 2023
We establish an Equal-Weight on the shares of Mobileye Global (MBLY; $35.06), a well-scaled provider of purpose-built software and hardware for Advanced Driver Assistance Systems (ADAS). MBLY “checks a lot of boxes” for a successful…
December 7, 2022
This morning, Mobileye Global (MBLY; $32.34; NR) further confirmed that Q3 sales were in line with its pre-IPO outlook as part of releasing a full set of quarterly results that also included adjusted operating profits…
October 28, 2022
Last night, Intel (INTC; $28.58; NR) provided, as part of its Q3 print, some disclosures around Mobileye Global’s (MBLY; $27.28; NR) top line and profits for the most recent quarter. Specifically, MBLY produced Q3 sales…