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In Brief

Posted:

3:40 PM PDT · July 23, 2026

Image Credits:Bridget Bennett / Bloomberg / Getty Images Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership post after nearly three decades, just as the company pushes into robotaxis and humanoid robots.

Shashua will remain CEO until Mobileye hires a replacement, according to a regulatory filing Thursday.

Mobileye got its start making computer vision chips based on Shashua’s academic research at Hebrew University in Israel, and grew into a major supplier of the chips that power automotive safety and driver-assistance features. It had the largest IPO in Israel’s history, was acquired in 2017 by Intel for $15.3 billion, then spun back out as a publicly traded company in 2022, though Intel remains its largest shareholder.

Under Shashua, Mobileye also moved beyond selling chips to automakers and began building its own systems that handle autonomous driving, which it now supplies to Volkswagen and its MOIA subsidiary.

In January, the company acquired Shashua’s humanoid robotics startup Mentee Robotics for $900 million, which Shashua called part of “Mobileye 3.0,” the next phase of the business focused on robotics and automotive AI.

Mobileye also said in June it would expand beyond its supplier status to launch its own robotaxi service in a U.S. city in 2027.

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3 Stocks That Could Benefit as the Robotaxi Race Heats UpMobileye Global NASDAQ: MBLY reported a largely stable second quarter for revenue while profitability improved sharply, as executives pointed to stronger-than-market EyeQ chip volumes, a new Israeli research and development incentive and an expanded push into robotaxis as key themes for the company’s next phase.

On the company’s second-quarter 2026 earnings call, President and Chief Executive Officer Amnon Shashua said Mobileye’s core business “continues to perform very well in 2026,” providing what he called “a strong foundation” for upcoming advanced product launches. For the quarter ended June 27, 2026, EyeQ volume rose 3% year over year, outperforming the production volume of Mobileye’s top 10 customers by more than eight percentage points, Shashua said.

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Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?Revenue was $508 million, which Chief Financial Officer Moran Shemesh said was relatively flat compared with the year-earlier quarter, Mobileye’s highest revenue quarter of 2025. Shemesh said volume totaled 10 million units, above the company’s expectations, driven by higher share within certain automakers, higher ADAS fitment rates in emerging markets and stronger China OEM export volume.

Profitability Boosted by Israeli R&D Incentive Mobileye’s adjusted operating income was $155 million in the second quarter, up 46% from a year earlier, while adjusted operating margin expanded to 31%, up about 10 percentage points from the second quarter of 2025. Shemesh said the increase was more than accounted for by the recognition of $93 million in contra R&D expense tied to a new R&D incentive enacted by the Israeli government during the quarter.

Mobileye's Manic Monday: A Buy Signal in Auto TechAbout half of that benefit related to the second quarter, while the other half reflected the retroactive first-quarter impact, Shemesh said. She added that the new regime became law during the second quarter but is effective from the start of 2026. Mobileye expects the benefit to continue in future years, though Shemesh noted it is subject to potential changes in law and could vary by quarter based on qualifying R&D expenditures, exchange rates and other factors.

Shashua said the first half of the year provides a more representative view of Mobileye’s underlying performance because the second quarter included the first-quarter R&D credit impact. First-half revenue rose 13% year over year, while production volume at the company’s core customers declined 3%, he said. First-half adjusted operating margin was 23%, up six percentage points from a year earlier. Mobileye generated $210 million of operating cash flow in the first half.

Guidance Raised for 2026 Mobileye increased its full-year revenue outlook to a midpoint of $1.995 billion and tightened the range, implying 4% to 7% revenue growth. Shemesh said the midpoint assumes slightly more than 39 million EyeQ units, nearly 1 million more than the company’s prior outlook. The upside is being partially offset by lower expectations in the aftermarket and Moovit businesses and the pushout of some advanced product samples into 2027.

The company also raised its adjusted operating income outlook to a midpoint of $395 million, up from $210 million previously. Mobileye is incorporating $180 million to $200 million of benefit from the R&D incentive in its full-year outlook. Shemesh said this positive impact, along with higher revenue, is being partly offset by increased spending to support early robotaxi expansion activities and a modest rise in operating expenses related primarily to foreign exchange.

For the third quarter, Shemesh said Mobileye expects 9.3 million to 9.5 million EyeQ units and revenue to decline about 5% to 6% year over year. Gross margin is expected to be slightly below second-quarter levels, while operating expenses excluding the R&D incentive are expected to rise slightly from the second quarter due to typical seasonality.

Robotaxi Strategy Expands Beyond Supplying Technology Shashua said Mobileye has decided to establish a “fully vertically integrated robotaxi offering” in which the company will control all aspects of the value chain. The initiative targets a 2027 launch in at least one U.S. city and will proceed in parallel with Mobileye’s existing self-driving system development.

Shashua said Mobileye has gained confidence from the progress of its work with Volkswagen Group company MOIA, including public rider testing with safety drivers in Hamburg, Germany, using vehicles equipped with Mobileye’s self-driving system. He said the company expects additional milestones through 2026 and 2027.

During the question-and-answer portion of the call, Shashua said several factors had changed since Mobileye previously considered whether to operate robotaxi fleets itself. He cited increased availability of level-four-ready base vehicles, more mature compute and sensor stacks, and greater clarity on demand and revenue per robotaxi. He said Mobileye’s calculations indicate revenue of about $125,000 per robotaxi per year, which he called conservative, and a vehicle cost below $100,000 with Mobileye’s sensors and compute.

Shashua said the strategy would give Mobileye flexibility, including operating vehicles in its own service, deploying them on third-party platforms or selling vehicles to robotaxi operators with recurring revenue as vehicles generate rider fares. The company plans to use Moovit, its mobility division, for fleet supply, demand optimization, trip planning and rider engagement. Shashua said Moovit will shift resources away from the B2B side of its business and reduce headcount to focus on the new strategy.

ADAS, China Exports and Advanced Programs Mobileye executives said the company continues to benefit from several secular drivers, including growth in India, exports by Chinese automakers into emerging markets and new customer wins. Shashua said Surround ADAS is expected to drive average selling price growth starting in 2028.

Shashua also discussed recent Stellantis awards, saying Mobileye won a high-volume 2027 program with Cloud-Enhanced ADAS that supports highway hands-free driving in a cost-efficient package. He said a lower-volume, later-timing, higher-risk program was awarded to other suppliers, an outcome he described as consistent with how automakers are allocating risk.

Nimrod Nehushtan, executive vice president of business development and strategy, said the Stellantis program is an upgrade of an existing production project and will introduce REM through Cloud-Enhanced ADAS. He said the implementation is relatively straightforward for the automaker and provides Mobileye with a tailwind in average selling price. Nehushtan said Stellantis intends to adopt the technology broadly across its vehicles beginning in 2027, gradually moving toward standard-fit integration of REM in its fleet.

On China, Nehushtan said Mobileye has benefited from export growth at Chinese automakers including Geely and Chery, with “the vast majority” of those export volumes using Mobileye’s EyeQ system. He said those automakers have also nominated Mobileye for future programs, which he described as a vote of confidence in Mobileye’s system for export markets.

CEO Succession and Long-Term Opportunities Shashua addressed his decision to step down as chief executive once a successor is appointed, saying Mobileye is entering a new phase as SuperVision, Chauffeur and Drive move toward commercialization. He said the board has assembled a search committee and is “casting a wide net” for the company’s next leader.

Following the appointment of a successor, Shashua said he aims to focus on technology strategy, innovation and long-term opportunities. He identified robotaxis and humanoid robotics as major long-term opportunities built on the same “physical AI foundation.”

In response to analyst questions, Shashua said he believes autonomous vehicle technology is “largely solved” from a scientific standpoint for the programs Mobileye has underway, while humanoid robotics remains an area where he wants to spend more time. He said Mobileye is still targeting 2028 for an initial humanoid robot deployment, with a business-to-consumer focus and about 500 units expected to be built that year.

About Mobileye Global (NASDAQ:MBLY)Mobileye Global Inc NASDAQ: MBLY is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye's core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.

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Should You Invest $1,000 in Mobileye Global Right Now?Before you consider Mobileye Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mobileye Global wasn't on the list.

While Mobileye Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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Mobileye Global (MBLY - Free Report) reported $508 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 0.4%. EPS of $0.19 for the same period compares to $0.13 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $484 million, representing a surprise of +4.96%. The company delivered an EPS surprise of +216.67%, with the consensus EPS estimate being $0.06.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Mobileye performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Number of systems shipped: 10 million versus 9.29 million estimated by five analysts on average.Average system price: $48.50 versus $49.08 estimated by four analysts on average.EyeQ and SuperVision revenue: $485 million compared to the $459.04 million average estimate based on four analysts.View all Key Company Metrics for Mobileye here>>>

Shares of Mobileye have returned +12.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months ended June 27, 2026. “The core business continued its strong momentum in Q2 as we focus our development and execution efforts on a number of advanced product launches in late 2026 and throughout 2027,” said Mobileye President and CEO Prof. Amnon Shashua. “Our foundation is robust and highly profitable, boosted by the recently enacted R&D Law which we expect.

Mobileye Global (MBLY - Free Report) closed the last trading session at $8.95, gaining 7.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.15 indicates a 46.9% upside potential.

The average comprises 25 short-term price targets ranging from a low of $8.00 to a high of $27.00, with a standard deviation of $5.01. While the lowest estimate indicates a decline of 10.6% from the current price level, the most optimistic estimate points to a 201.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.

But, for MBLY, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Why MBLY Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 1.5%, as one estimate has moved higher compared to no negative revision.

Moreover, MBLY currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much MBLY could gain, the direction of price movement it implies does appear to be a good guide.

A logo on the exterior of a Stellantis office building in Poissy, near Paris, France, May 4, 2026. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab

CompaniesJuly 21 (Reuters) - Mobileye Global (MBLY.O), opens new tab will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company ​said on Tuesday, as automakers race to meet rising ‌demand for connected safety systems.

The ADAS hardware maker's shares were up about 6% in premarket trading.

Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.

The companies said select models from ​Stellantis, the parent of Jeep and Chrysler, will integrate ​Mobileye's Road Experience Management technology from 2027, using ⁠crowdsourced road data to improve lane keeping and hands-free ​driving.

ADAS has become one of the auto industry's fastest-growing technologies ​as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue.

The technology is widely seen as a ​step toward fully autonomous driving, though regulators still require ​drivers to remain attentive when using hands-free systems.

The first applications are expected ‌in ⁠select U.S. Stellantis models next year, with wider rollout subject to vehicle platform and configuration.

Stellantis will be the fifth of the world's 10 largest automakers to contribute data to ​Mobileye's REM ​platform, which covers ⁠more than 95% of public roads in the United States and Europe. More than ​8 million vehicles logged 34 billion miles ​of data ⁠on the platform last year, Mobileye said.

Jerusalem-based Mobileye's system collects road data through front-facing cameras in EyeQ-equipped vehicles and combines ⁠it ​with cloud-based mapping intelligence. That allows ​vehicles to receive real-time updates on lane markings, road layouts and construction ​zones.

Reporting by Akash Sriram in Bengaluru; Editing by Tasim Zahid

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Listen to the audio version of this article (generated by AI).

Editor’s note: “The Physical AI Proof Points Are Suddenly Everywhere” was previously published in June 2026 with the title “AI Is Leaving the Cloud. Here’s Who Gets Paid When It Does.” It has since been updated to include the most relevant information available.

For the first phase of the AI boom, intelligence lived mostly behind a screen.

You typed a prompt. A model answered. Maybe it wrote code, summarized a document, generated an image, or helped draft an email.

Useful? Absolutely.

Transformational? No doubt.

But it was still trapped behind glass. 

Because intelligence that only lives in software can advise the physical world. It can’t act in it.

That is starting to change.

AI is moving into the devices that see, hear, move, navigate, and manipulate the world around us — robots, wearables, smart glasses, autonomous vehicles, factory systems, and edge devices.

In other words, AI is getting a body.

And once that happens, the investment opportunity changes completely.

The Proof Points Are Piling Up Consider what has happened since this thesis first started coming together:

Microsoft’s (MSFT) new AI laptops — powered by Snapdragon X2 — are now shipping. Nvidia (NVDA) and Hugging Face are bringing Isaac GR00T 1.7, Isaac Teleop, datasets, and robotics workflows into LeRobot, giving developers an open path into Physical AI. 1X just unveiled a new hand for its NEO humanoid robot that can move with far more human-like precision — gripping, adjusting, and manipulating objects in ways earlier robots struggled to do.  Applied Materials (AMAT) and EssilorLuxottica announced a long-term partnership to develop intelligent optical systems for AR and AI-powered smart eyewear. Mobileye (MBLY) is moving from supplier to vertically integrated robotaxi operator, targeting a U.S. launch in 2027 and roughly 17,000 vehicles over five years. Apple’s (AAPL) camera-equipped AirPods timeline remains fluid, but the direction is clear: the next generation of wearables will sense the physical world, not just connect to your phone. Different companies. Different products. Same message.

Physical AI is moving from scattered experiments into a real hardware ecosystem.

What Physical AI Actually Means — and Why the Architecture Is Completely Different From Cloud AI  What makes this cycle different from the AI wave we’ve been riding isn’t the ambition. It’s the architecture. 

Cloud-based AI is about scale — throw compute at a model, let it learn, serve answers via API. Physical AI is about efficiency — get the answer right, in milliseconds, on a device with a 40-watt thermal budget, without a network connection. 

It’s the AI inside your headphones that filters background noise before you even notice it… 

The vision system on a warehouse robot that decides which box to pick next… 

The autonomous vehicle perception stack that identifies a pedestrian at 60 miles per hour.

The requirements are completely different — and that difference runs all the way down the supply chain. 

The Six Pillars of the Physical AI Supply Chain Think of Physical AI not as a single industry but as six distinct hardware categories that all need to scale simultaneously. 

1. Edge AI Silicon This is the foundation. Every physical AI device needs a chip that can run inference locally — fast, cool, and cheap. Qualcomm’s Snapdragon X2, which just launched inside Microsoft’s new Surface lineup, is the clearest proof point that on-device AI silicon has crossed the viability threshold. 

Arm‘s (ARM) architecture underpins virtually every mobile AI chip on the planet. Nvidia (NVDA) is pushing into embedded inference with its Jetson platform. AMD (AMD) and Intel (INTC) are fighting for their share of the AI PC market. The edge silicon war is just beginning, and the winners here get paid on every device that ships. 

Key names: QCOM, ARM, NVDA, AMD, INTC

2. Sensors & Machine Vision Image sensors, depth cameras, radar, lidar, microphones — these are the eyes and ears of every robot, wearable, and autonomous vehicle. 

The AMAT-EssilorLuxottica partnership to develop intelligent optical systems for AR eyewear tells you everything: the optics industry is being recruited into the AI supply chain at the component level. Apple’s forthcoming AI AirPods with embedded cameras will drive a new demand cycle for miniaturized sensor modules. 

Key names: Ambarella (AMBA), ON Semiconductor (ON), STMicroelectronics (STM), Sony (SONY), Cognex (CGNX)

3. Advanced Optics AR glasses and AI eyewear aren’t a consumer curiosity anymore — they’re a hardware category. And the bottleneck? Optics. 

Waveguides, photonic displays, specialty glass, and laser projection systems are what separate a pair of glasses from a heads-up display. Corning (GLW) and Coherent (COHR) are two of the most underappreciated Physical AI plays in the market for precisely this reason. Applied Materials’ pivot into intelligent optics manufacturing signals how seriously the semiconductor equipment industry is taking this category. 

Key names: AMAT, GLW, Lumentum (LITE), COHR

4. Robotics & Industrial Automation Genesis AI’s Eno robot isn’t interesting because it’s humanoid — it’s interesting because it reasons. That’s the leap from industrial automation 1.0 (programmed motion) to Physical AI 1.0 (adaptive intelligence). 

Companies like Symbotic (SYM), Teradyne (TER), Rockwell Automation (ROK), and Honeywell (HON) are already deploying AI-driven automation in factories and warehouses at scale. Tesla‘s (TSLA) Optimus is the flashy version; the boring but lucrative version is already running in distribution centers across America. 

Key names: SYM, TER, ROK, HON, TSLA

5. Memory, Storage & Power On-device AI needs more local memory than anyone planned for. That means Low Power Double Data Rate 6 (LPDDR6) RAM, expanded NAND storage, power management integrated circuits (PMICs) that can handle burst inference workloads, and analog semiconductors for signal processing. 

Micron (MU) is already winning here with its LPCAMM modules for AI PCs. The storage plays — Seagate (STX), Western Digital (WDC), SanDisk (SNDK) — get a demand tailwind as every edge device needs local model storage. 

Key names: MU, STX, WDC, SNDK, Monolithic Power (MPWR), Analog Devices (ADI), Texas Instruments (TXN).

6. Connectivity & Infrastructure Even edge AI needs the cloud. Local inference handles the latency-sensitive tasks; cloud AI handles the heavy lifting — model updates, data sync, fleet coordination for robotaxis, telemetry from billions of wearables. 

That means the optical networking and connectivity layer is a direct beneficiary of Physical AI scaling. Robotaxis syncing to the cloud. AR glasses streaming map data. Industrial robots phoning home with diagnostic telemetry. Broadcom (AVGO), Marvell (MRVL), Arista (ANET), Ciena (CIEN), Credo (CRDO), and Corning are all toll roads on that data highway. 

Key names: AVGO, MRVL, ANET, CRDO, CIEN, GLW

The Investor’s Guide: Own the Picks and Shovels for the Biggest Hardware Cycle Since the Smartphone Nobody made more money in the California Gold Rush by panning for gold. The real fortunes went to the people selling the equipment.

Physical AI follows the same logic — with one important difference. 

In the Gold Rush, you could only sell one pan at a time. In Physical AI, every device that ships — every robot, wearable, AI PC, and autonomous vehicle — needs chips, sensors, optics, memory, power management, and connectivity. The suppliers don’t need to pick the winning application. They get paid on every unit, across every category, regardless of which company’s robot ends up in your warehouse or which AR glasses end up on your face.

The transition from cloud AI to Physical AI is the single biggest hardware cycle since the smartphone. And like the smartphone, the companies that win aren’t just the device makers — they’re the entire supply chain underneath them.

The hype was right. It just took the hardware a few years to catch up. 

The names in this piece — the edge silicon suppliers, the sensor makers, the optics companies, the memory and connectivity plays — are the public-market expression of that thesis. But the smartest money isn’t just moving into the obvious trades. 

Take Peter Thiel’s most recent 13F, for example: zero shares of Nvidia, Apple, Microsoft, or Tesla. Not trimmed — liquidated entirely. His private fund, meanwhile, has been quietly building positions in energy infrastructure, nuclear power, chip fabrication, and natural resources — the physical backbone of everything described in this piece.

He can’t buy most of those positions publicly. 

Seven of them, however, have a backdoor…

And we think they’re among the most compelling AI plays hiding in plain sight.

Mobileye Global Inc. is transitioning from a traditional ADAS supplier to a potential infrastructure provider for robotaxis and humanoid robotics, with major inflection points expected in 2027. The current ~$8B valuation reflects only the legacy ADAS business; new initiatives like Mentee Robotics and robotaxi partnerships could shift revenue models toward recurring income. Despite high gross margins (45%–50%), MBLY remains in heavy R&D mode, with negative operating margins and limited growth catalysts until 2027.

Investor attention may have turned elsewhere in recent weeks, but the autonomous vehicle race is still quietly churning behind the scenes. In just the last few days, for example, Finland took a significant step toward approving key self-driving software, and privately held Terawatt Infrastructure secured $300 million in debt financing to expand driverless vehicle infrastructure, among other developments.

Vehicle sensing technology is critical to the development of this industry, and there is still intense competition among firms developing light detection and ranging (lidar) tools, perception systems, and related components. Many of these companies are on the smaller side and will rely on the success of their R&D to continue growing, making them at least moderately risky ventures. However, the potential for a breakout moment is also strong, and the names below may be top contenders.

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Hesai's Shipments Soar, But Margin Remains a ChallengeHesai Group Today

$14.80 -0.22 (-1.46%)

As of 06/26/2026 04:00 PM Eastern

52-Week Range$14.40▼

$30.85P/E Ratio33.64

Price Target$30.13

With a market capitalization of just over $2 billion, Hesai Group NASDAQ: HSAI is not the largest autonomous vehicle sensing tech firm. However, it may have the most technological momentum, thanks in large part to its May 2026 announcement of a key partnership and supply agreement with Mercedes-Benz. Through this agreement, Hesai's Thai manufacturing facility will support Mercedes' vehicle programs across Europe and China. Hesai has also recently made breakthroughs in 3D perception that give it a crucial advantage over camera-based systems.

In its latest earnings report, the Chinese company noted 30% year-over-year (YOY) revenue growth as lidar shipments topped 471,000 units, helping Hesai achieve a fourth straight quarter of GAAP profitability. The firm sees lidar shipments of 3 million to 3.5 million units this year, putting it on pace to roughly double last year's already-record figure.

One area of potential concern for investors is margin. Hesai's gross margin declined in the latest quarter, and if the company continues to focus on lower-margin products, it may not help it recover. Scaling shipments does not seem to be the issue here—Hesai clearly has products in demand—but the company will have to continue to focus on efficiency to remain competitive. Still, with six Buy ratings and a single Hold, plus upside potential of over 100%, analysts are quite optimistic about this firm.

Mobileye Will Take Its Technology to the Streets With a Robotaxi ServiceMobileye Global Today

$7.85 -0.01 (-0.18%)

As of 06/26/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$6.47▼

$20.18Price Target$13.77

Advanced drive-assistance system developer Mobileye Global Inc. NASDAQ: MBLY has recently made headlines not for its autonomous vehicle technology directly, but rather because it plans to launch a U.S. robotaxi service in 2027. The company is positioned well to expand in this direction, as it already has a robust tech stack and mobility tools. However, it faces intense competition that already has a foothold in the burgeoning industry.

Competitors like Waymo and Tesla Inc. NASDAQ: TSLA are significantly ahead of Mobileye when it comes to driverless taxi services. However, Mobileye does have a solid cash pile and growing top and bottom lines (revenue climbed 27% YOY and adjusted operating income grew by 61% over the same timeframe for the last reported quarter).

Mobileye's valuation remains fairly attractive based on a price-to-sales (P/S) ratio of 3.43, but the venture into robotaxi services is a big gamble. Analysts are split on their assessments of the company, with 10 Buys but 15 combined Holds and Sells.

Aeva: A Riskier Venture With Promising TechAeva Technologies Today

AEVA

Aeva Technologies

$20.89 +0.74 (+3.67%)

As of 06/26/2026 04:00 PM Eastern

52-Week Range$8.83▼

$38.80Price Target$25.33

The smallest company in this list by market cap, Aeva Technologies NASDAQ: AEVA, is a $1.3-billion firm developing and commercializing lidar tools. While the company is still seeking profitability, it has narrowed its net losses progressively over the past several years, and revenue has also trended higher. Q1 2026 revenue, for instance, was $2.9 million above Q1 2025 figures. The company has some breathing room thanks to $100 million in cash and short-term investments.

The company's strength may lie in its partnerships—it announced a major collaboration with NVIDIA Corp. NASDAQ: NVDA early in 2026, for instance. The firm's 4D lidar technology shows significant promise as well, though Aeva has so far had a difficult time translating that potential into revenue growth. If it is able to turn that around, it could see a breakout moment.

On the other hand, Aeva is likely the riskiest play on this list because of its dilution risk, its stretched valuation, and its continued struggles to achieve profitability. It's no surprise, then, that analysts are fairly divided on AEVA shares as well, with two calling it a Buy and another two assigning it either Hold or Sell ratings.

Should You Invest $1,000 in Hesai Group Right Now?Before you consider Hesai Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hesai Group wasn't on the list.

While Hesai Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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JERUSALEM--(BUSINESS WIRE)--New initiative extends Mobileye beyond self-driving-system supply and is additive to existing automaker and mobility-partner programs.

Mobileye (NASDAQ:MBLY) has announced plans to expand beyond supplying autonomous driving systems and enter direct operation of a robotaxi service, marking a strategic shift toward a vertically integrated mobility business.

The company said it intends to launch a fully driverless ride-hailing service in a major US city in 2027, initially deploying a fleet of roughly 100 vehicles.

The initiative will combine Mobileye’s self-driving technology stack, Mobileye Drive, with its Moovit mobility platform and related fleet-management, rider-facing applications, and teleoperation infrastructure. Mobileye said the program will cover the full ride-hailing value chain, including fleet operations, mission control, and trip planning services.

The company highlighted that the new robotaxi business will operate alongside its existing model of supplying autonomous driving systems to automakers and mobility providers. Mobileye said it continues to view its technology licensing and direct operations as complementary approaches, with both expected to develop in parallel.

Following the initial rollout, Mobileye plans to expand the fleet significantly, targeting approximately 17,000 vehicles over a five-year period, subject to operational validation and scaling.

“The robotaxi revolution has only just begun,” said Amnon Shashua, founder and CEO of Mobileye, adding that combining autonomous driving technology with operational control could support broader deployment and provide additional real-world experience for its platform.

"As interest in autonomous mobility accelerates, the industry has become increasingly dependent on a small number of technology providers and business models,” Shashua said.

“We believe there is an opportunity for a new approach—one built on deep autonomous-driving expertise, strong industry partnerships, and proven capabilities across the mobility ecosystem.

Mobileye said it will work with vehicle platform manufacturers, fleet operators, integration partners, and technology suppliers to build out the service. The company also highlighted the role of Moovit, which provides multimodal trip planning and mobility services across more than 3,500 cities, as part of its consumer-facing infrastructure.

Mobileye Drive, the company’s autonomous driving system, is currently being integrated into partner programs globally. The company said more than 230 million vehicles have been produced with its technology to date.

Mobileye said further details on the planned US launch market and operational timeline will be disclosed closer to deployment.

Shares added 2.7% on the news.

Mobileye (NASDAQ:MBLY) has announced plans to expand beyond supplying autonomous driving systems and enter direct operation of a robotaxi service, marking a strategic shift toward a vertically integrated mobility business.

The company said it intends to launch a fully driverless ride-hailing service in a major US city in 2027, initially deploying a fleet of roughly 100 vehicles.

The initiative will combine Mobileye’s self-driving technology stack, Mobileye Drive, with its Moovit mobility platform and related fleet-management, rider-facing applications, and teleoperation infrastructure. Mobileye said the program will cover the full ride-hailing value chain, including fleet operations, mission control, and trip planning services.

The company highlighted that the new robotaxi business will operate alongside its existing model of supplying autonomous driving systems to automakers and mobility providers. Mobileye said it continues to view its technology licensing and direct operations as complementary approaches, with both expected to develop in parallel.

Following the initial rollout, Mobileye plans to expand the fleet significantly, targeting approximately 17,000 vehicles over a five-year period, subject to operational validation and scaling.

“The robotaxi revolution has only just begun,” said Amnon Shashua, founder and CEO of Mobileye, adding that combining autonomous driving technology with operational control could support broader deployment and provide additional real-world experience for its platform.

"As interest in autonomous mobility accelerates, the industry has become increasingly dependent on a small number of technology providers and business models,” Shashua said.

“We believe there is an opportunity for a new approach—one built on deep autonomous-driving expertise, strong industry partnerships, and proven capabilities across the mobility ecosystem.

Mobileye said it will work with vehicle platform manufacturers, fleet operators, integration partners, and technology suppliers to build out the service. The company also highlighted the role of Moovit, which provides multimodal trip planning and mobility services across more than 3,500 cities, as part of its consumer-facing infrastructure.

Mobileye Drive, the company’s autonomous driving system, is currently being integrated into partner programs globally. The company said more than 230 million vehicles have been produced with its technology to date.

Mobileye said further details on the planned US launch market and operational timeline will be disclosed closer to deployment.

Shares added 2.7% on the news.

Mobileye has pitched itself as an autonomous vehicle technology supplier. Now it wants the operator label, too.

The Intel subsidiary and publicly traded company said Tuesday it plans to launch a robotaxi service in a U.S. city in 2027, marking an expansion beyond its supplier strategy. Mobileye didn’t name the U.S. city. However, the Israeli-based company said it will have an initial fleet of 100 autonomous vehicles, which will be phased in throughout 2027.

If successful, Mobileye said it plans to scale to about 17,000 robotaxis over the following five years.

“The robotaxi revolution has only just begun, and its potential for transforming how we travel around the world continues to increase,” Mobileye founder and CEO Amnon Shashua said in a statement, noting that the industry has become increasingly dependent on a small number of technology providers and business models.

Mobileye rose to prominence supplying automakers with millions of computer vision chips designed to support automotive safety features and advanced driver-assistance systems. The company later began developing chips and software that could handle autonomous driving and tested the tech in several cities. It now supplies its self-driving system to Volkswagen and its MOIA subsidiary.

But Mobileye apparently wants to own some of the robotaxi market, even if that puts it in direct competition with companies it supplies its self-driving system to.

These robotaxi aspirations aren’t entirely new. In a 2020 interview with TechCrunch, Shashua said he believed that the “Holy Grail” was passenger car autonomy — in which consumers could buy a car that could operate fully driverless. But to get there he needed to pursue robotaxis.

“The realization is that you can’t reach that Holy Grail if you don’t go through the robotaxi business,” Shashua said at the time.

Mobileye said it will create a new operating business for its robotaxi service, which will use its self-driving system. Mobileye plans to manage the fleet and will leverage Moovit, the transit and ride-hailing app it owns, for the consumer-facing piece.

Mobileye said this new business will complement its supplier business. The company didn’t name which vehicle will be used in its fleet, only noting that it will work with “AV-ready vehicle platform manufacturers.” However, the company’s press release announcing the partnership shows a photo illustration of what appears to be a modified Ora iQ, the electric crossover produced by the Chinese automaker Great Wall Motors.

“This initiative is not a replacement for our existing partnerships; it is an extension of them,” said Shashua. “We remain deeply committed to enabling automakers and mobility providers with Mobileye Drive. At the same time, operating our own service allows us to accelerate adoption, gain direct operational experience, and showcase the full potential of autonomous mobility.”

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Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.

You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.

Mobileye Global Inc. is upgraded to a Strong Buy, driven by a new vertically integrated U.S. robotaxi launch planned for 2027. MBLY's robust autonomous tech stack and existing mobility tools position it to scale rapidly in a competitive market. Despite formidable competition from Waymo and Tesla, MBLY stock's valuation—8.64x 2029 earnings—remains attractive, with potential for upward EPS revisions.

For the quarter ended March 2026, Mobileye Global (MBLY - Free Report) reported revenue of $558 million, up 27.4% over the same period last year. EPS came in at $0.12, compared to $0.08 in the year-ago quarter.

The reported revenue represents a surprise of +7.36% over the Zacks Consensus Estimate of $519.73 million. With the consensus EPS estimate being $0.08, the EPS surprise was +58.52%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Mobileye performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Number of systems shipped: 10.8 million versus 10.04 million estimated by five analysts on average.Average system price: $49.30 versus the four-analyst average estimate of $49.04.EyeQ and SuperVision revenue: $535 million versus the four-analyst average estimate of $489.95 million.View all Key Company Metrics for Mobileye here>>>

Shares of Mobileye have returned +14% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

HomeIndustriesAutomobilesTech StocksTech StocksA key partner also announced expansion plans, which Mobileye said can show off its technologyPublished: April 23, 2026 at 5:02 p.m. ET

Mobileye Global is touting its robotaxi advancements after the autonomous-vehicle technology company saw a stronger-than-expected start to the year.

Mobileye MBLY said on Thursday that its work with Volkswagen XE:VOW XE:VOW3 VWAGY “progressed significantly” in the March quarter, noting that more than 100 of the Germany-based carmaker’s ID. Buzz autonomous buses are now being tested on public roads in six cities in the U.S. and Germany. Meanwhile, Volkswagen’s mobility-services unit, MOIA, has chosen Orlando, Fla., for its initial launch.

Posted by Defense World Staff on Apr 24th, 2026

Shares of Mobileye Global Inc. (NASDAQ:MBLY – Get Free Report) have been given a consensus rating of “Hold” by the twenty-four brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $14.7857.

A number of equities research analysts have recently weighed in on the company. Piper Sandler cut their price target on Mobileye Global from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Morgan Stanley cut their price target on Mobileye Global from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Friday, January 23rd. JPMorgan Chase & Co. lowered their price objective on Mobileye Global from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. BNP Paribas Exane lowered their price objective on Mobileye Global from $11.50 to $8.50 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Mobileye Global in a report on Wednesday, January 28th.

Get Our Latest Stock Analysis on MBLY

Mobileye Global Price Performance MBLY opened at $8.70 on Friday. Mobileye Global has a fifty-two week low of $6.47 and a fifty-two week high of $20.18. The business has a 50-day moving average of $7.92 and a 200-day moving average of $10.35. The company has a market capitalization of $7.32 billion, a PE ratio of -17.75 and a beta of 0.75.

Mobileye Global (NASDAQ:MBLY – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Mobileye Global had a positive return on equity of 0.21% and a negative net margin of 20.70%.The company had revenue of $558.00 million during the quarter, compared to the consensus estimate of $519.34 million. During the same period last year, the business earned $0.08 EPS. The business’s quarterly revenue was up 27.4% on a year-over-year basis. On average, equities research analysts expect that Mobileye Global will post -0.03 earnings per share for the current fiscal year.

Mobileye Global declared that its Board of Directors has approved a share buyback plan on Thursday, April 23rd that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 3.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

Trending Headlines about Mobileye Global Here are the key news stories impacting Mobileye Global this week:

Positive Sentiment: Mobileye beat Q1 estimates on both EPS and revenue (EPS $0.12 vs. ~$0.09 expected; revenue $558M vs. ~$519M) and raised its full-year outlook — the core driver behind the stock rally. Mobileye delivers earnings beat, raises full-year outlook Positive Sentiment: Management announced a share repurchase program of up to $250 million, signaling confidence in cash generation and lifting shareholder-return prospects. Mobileye Announces Share Repurchase Program of Up to $250 Million Positive Sentiment: Q1 release highlighted a design win with Mahindra (adds another Surround ADAS customer and second customer for next‑gen SuperVision), supporting future revenue cadence from ADAS and SuperVision products. Mobileye Releases First Quarter 2026 Results, Updates Full-Year Outlook… Positive Sentiment: Company commentary and media coverage emphasize that Mobileye’s robotaxi program “has progressed significantly,” which supports longer-term growth narratives around autonomous-driving revenue streams. Mobileye’s robotaxi ambitions have ‘progressed significantly,’ and the stock surges Neutral Sentiment: Full Q1 earnings details and management commentary are available (earnings call transcript) for deeper diligence on margins, ADAS ASPs and robotaxi cadence — useful for modeling but not an immediate directional catalyst. Mobileye Global Inc. (MBLY) Q1 2026 Earnings Call Transcript Neutral Sentiment: Analysts and coverage pieces are parsing key metrics vs. estimates (margin profile, YoY growth, guidance assumptions) — these analyses will influence medium-term sentiment as models are updated. Mobileye (MBLY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates Negative Sentiment: BNP Paribas Exane cut its price target from $11.50 to $8.50 and moved to a neutral rating, which could cap upside if other brokers follow with conservative revisions. BNP Paribas Exane lowers MBLY price target Institutional Inflows and Outflows A number of hedge funds have recently made changes to their positions in MBLY. NewEdge Advisors LLC increased its holdings in shares of Mobileye Global by 10.7% during the 1st quarter. NewEdge Advisors LLC now owns 31,228 shares of the company’s stock valued at $450,000 after acquiring an additional 3,019 shares during the last quarter. Rhumbline Advisers acquired a new position in shares of Mobileye Global during the 1st quarter valued at about $27,000. Creative Planning increased its holdings in shares of Mobileye Global by 10.2% during the 2nd quarter. Creative Planning now owns 18,316 shares of the company’s stock valued at $329,000 after acquiring an additional 1,693 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Mobileye Global during the 2nd quarter valued at about $351,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in Mobileye Global in the 2nd quarter valued at approximately $31,000. Institutional investors and hedge funds own 13.25% of the company’s stock.

Mobileye Global Company Profile (Get Free Report)

Mobileye Global Inc (NASDAQ: MBLY) is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye’s core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.

Founded in 1999 by Prof.

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Key Takeaways Mobileye posted Q1 EPS of 12 cents, beating estimates as revenues rose 27% on strong EyeQ demand.MBLY shipments jumped to 10.8M units, driven by market share gains and customer inventory restocking.Mobileye raised 2026 revenue outlook and approved a $250M buyback after strong Q1 performance. Mobileye Global Inc. (MBLY - Free Report) reported first-quarter 2026 earnings of 12 cents per share, which beat the Zacks Consensus Estimate of 8 cents. The company delivered an earnings surprise of 58.52%, with the bottom line rising 50% year over year, driven by higher EyeQ system-on-chip shipments.

The company posted revenues of $558 million, which beat the Zacks Consensus Estimate of $520 million by 7.36% and increased 27.4% year over year.

Operating cash flow was $75 million, reflecting the company’s ability to convert its ADAS scale into cash generation.

MBLY’s Volume Upside Driven by Mix and RestockingThe quarter was supported by strong and sustained demand for EyeQ, with this momentum continuing into the second quarter. Shipments increased due to higher market share and stronger ADAS shipment rates among key Western customers, along with a notable boost from solid export volumes by Chinese automakers.

Shipments were also supported by customers rebuilding their inventory. After reducing stock in late 2025, customers raised it from very low levels back to a normal range of about four to five weeks, which helped boost unit shipments during the period.

Progress Across Advanced ProgramsBeyond growth in its core ADAS business, Mobileye made progress on its advanced products. In robotaxis, Volkswagen and MOIA moved forward with the ID. The Buzz self-driving vehicle program includes early production work at Volkswagen’s Hanover plant and ongoing testing on public roads in several cities.

For SuperVision, the EyeQ6 High-based system was used in pre-production vehicles in the United States. It completed a long drive of over 2,000 km on an unplanned route, covering city, suburban, and highway roads, and even tough weather conditions. This confirms that the system functions well upon deployment in a new region.

MBLY’s Profitability Reflects Operating LeverageOn a GAAP basis, results were heavily affected by a non-cash goodwill impairment charge of $3.8 billion, which caused an operating loss of $3.9 billion and a net loss of $3.8 billion. Excluding that charge and other items, non-GAAP profitability showed operating leverage from stronger revenues.

Gross margin improved to 49% from 47% a year ago, aided by similar amortization levels on a higher revenue base, though partially offset by a different EyeQ product mix that lifted cost per unit. Adjusted gross margin was 66%, down from 69% in the prior-year quarter, reflecting the same mix-related cost pressure. Adjusted operating income rose to $95 million from $59 million, lifting adjusted operating margin to 17% from 13% in the year-ago period.

Mobileye’s Product Metrics Show Expanding ScaleSupplemental metrics showed that the quarter’s growth was mainly driven by higher unit shipments. EyeQ and SuperVision revenues totaled $535 million in the first quarter, while systems shipped amounted to 10.8 million, resulting in an average system price of $49.3. Shipments were up from 8.5 million a year ago, showing that growth was mainly due to higher volumes, including some boost from customers restocking inventory.

The company is seeing good growth in India, with new deals from Mahindra for both SuperVision and Surround ADAS. As India remains a developing ADAS market, this win boosts growth prospects.

MBLY Raises 2026 Revenue Outlook & Adds a BuybackAfter a strong start to the year, the company raised its full-year 2026 outlook. It now expects revenues to be between $1,935 million and $2,015 million, up from the previous guidance of $1,900-$1,980 million. It also expects adjusted operating income to be in the band of $185-$235 million, up from the previous estimate of $170-$220 million.

The company has released its GAAP outlook, expecting an operating loss of $4,281 million to $4,331 million for 2026. This includes $346 million in amortization costs, $376 million in stock-based compensation, a large $3,788 million goodwill impairment from the first quarter, and $6 million in acquisition-related expenses.

It has also approved a share buyback program of up to $250 million. By the end of the first quarter, MBLY had $1.21 billion in cash, after spending $591 million (net of cash received) on the Mentee Robotics acquisition.

MBLY stock currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Peer ReleasesAeva Technologies, Inc. (AEVA - Free Report) is slated to release first-quarter 2026 results on May 6.The Zacks Consensus Estimate for AEVA’s loss and revenues is pegged at 44 cents per share and $4.67 million, respectively. AEVA surpassed earnings estimates in two of the trailing four quarters, missed once and matched in the other, with the average surprise being 3.28%. The company has a Zacks Rank #3 at present.

Innoviz Technologies Ltd. (INVZ - Free Report) is slated to release first-quarter 2026 results on May 14.The Zacks Consensus Estimate for INVZ’s loss and revenues is pegged at 6 cents per share and $13.81 million, respectively. INVZ surpassed earnings estimates in one of the trailing four quarters, missed once and matched twice, with the average surprise being 6.25%. The company has a Zacks Rank #2 (Buy) at present.

Mobileye is initiated at a buy rating, citing long-term growth opportunities despite recent stock weakness and near-term guidance softness. Q1 delivered robust 27% YoY revenue growth and 51% adjusted EPS increase, with raised full-year guidance, though profitability is expected to decline short term. Strategic moves into robotaxis and robotics, including the Mentee Robotics acquisition and MOIA partnership, position Mobileye for leadership in physical AI.

Struggling stocks are signaling confidence ahead, recently announcing substantial share buyback authorizations. These names are looking to buy shares at what they likely view as depressed prices, providing positive signals to investors going forward.

Mobileye's strong first quarter was driven by customer inventory restocking and sales to Chinese OEMs. This strength hasn't been extrapolated through the rest of the year though. Surround ADAS platform is slowly gaining traction, which should lead to improved ASPs and margins in coming years. The status of more advanced products remains up in the air, although Mobileye is now testing SuperVision with OEMs and its robotaxi efforts appear to be progressing.

I rate Mobileye (MBLY) a buy due to its superior technology, broad physical AI applications, positive FCF, and reasonable valuation versus Ouster (OUST). MBLY's mobility-focused sensors and 25 years of experience position it for long-term demand and higher returns as AV and AI adoption accelerates. MBLY's growth inflects meaningfully in 2028+ when Chauffeur and Drive systems are deployed in robotaxis, potentially driving a valuation re-rating.

Mobileye (Nasdaq: MBLY) has been named the 2026 Frost & Sullivan Global Company of the Year in the Passenger Vehicle ADAS Industry for the Excellence in Best Practices category. The recognition highlights Mobileye’s position in AI-powered ADAS solutions that successfully address the evolving safety and scalability needs of global automakers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601698665/en/

Graphic: Mobileye

Frost & Sullivan’s analysis found that Mobileye stands out in ADAS as the leading provider delivering across four critical requirements – scalable architecture, cost discipline, safety credibility, and real-world validation – across a shared technology backbone that spans base ADAS to full autonomy solutions. The report highlighted Mobileye’s ability to convert customer needs into practical execution through flexible collaborations that allow automakers to adopt its technology as a chip supplier, broad-stack collaborator or anywhere in between based on their specific requirements.

“Global automakers increasingly need systems that both improve safety and provide new automated driving services, and we tailor our strategy and execution to answer those challenges at scale,” said Kobi Ohayon, Chief Operating Officer at Mobileye. “We enable automakers to implement solutions that are tailored to local driving conditions and designed to work in real-world scenarios. This recognition from Frost & Sullivan affirms that our approach resonates across the industry.”

Success in emerging markets, like India, was cited by Frost & Sullivan as a prime example of Mobileye’s ability to operate effectively in complex driving environments that were previously considered too difficult for meaningful ADAS deployment. Backed by its safety-led design philosophy, and expanding beyond its presence as an established leader in major markets and penetrating developing markets, Mobileye has also pointed to growth opportunities across markets worldwide, like Vietnam, Thailand, South America, and Africa with products adapted to unique local driving scenarios. This geographic expansion demonstrates Mobileye’s commitment to testing and delivering advanced ADAS beyond standardized road systems in mature markets.

Mobileye’s technology foundation centers on its modular EyeQ6 system-on-chip portfolio, where EyeQ6 High and EyeQ6 Lite enable high-performance perception and sensor fusion across multiple ADAS levels. Mobileye’s Road Experience Management (REM) technology, which crowdsources data from over 8 million vehicles worldwide, continuously refines high-definition maps, creating one of the industry’s most comprehensive real-world validation and scalability platforms. Mobileye’s advancements in AI and chip design are driving innovation across its portfolio, including its proprietary Surround ADAS and driver monitoring system, providing automakers with cost-effective ADAS capabilities, a practical path to advanced automation and support for architecture consolidation goals.

Frost & Sullivan’s Company of the Year is its highest industry honor, awarded after benchmarking leading suppliers in the global passenger vehicle ADAS market across multiple criteria including visionary innovation, financial performance, and customer impact. The full report is available here.

About Mobileye

Mobileye (Nasdaq: MBLY) leads the mobility revolution with our autonomous driving and driver-assistance technologies, harnessing world-renowned expertise in artificial intelligence, computer vision and integrated software and hardware. Since our founding in 1999, Mobileye has enabled the global adoption of advanced driver-assistance systems that save countless lives and reduce crashes, while pioneering groundbreaking technologies such as REM™ crowdsourced road intelligence, Imaging Radar and Compound AI. These technologies drive the ADAS and AV fields towards the future of mobility – enabling self-driving vehicles and mobility solutions at scale, and powering industry-leading ADAS products. Through 2025, more than 230 million vehicles worldwide have been built with Mobileye’s EyeQ technology inside. In 2026, Mobileye acquired Mentee Robotics to pursue the future of physical AI and humanoid robots. Since 2022, Mobileye has been listed independently from Intel (Nasdaq: INTC), which retains majority ownership. For more information, visit https://www.mobileye.com.

“Mobileye,” the Mobileye logo and Mobileye product names are registered trademarks of Mobileye Global. All other marks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601698665/en/

Robotics and industrial automation are in a classic consolidation cycle. Hyperscalers are pushing into physical AI, automakers need autonomy stacks they lack time to build, and semicap buyers want exposure to AI accelerators. The three names below are profitable and large enough to move the needle for a strategic buyer, and each has meaningful robotics exposure. None has announced a deal, but M&A math, ownership structure, and recent corporate behavior point to very different takeover odds.

The scoring framework includes: market cap and valuation versus revenue, EV/EBITDA and free cash flow profile, whether the company needs a strategic owner to scale, CEO and ownership dynamics (especially super-voting parents), active buybacks signaling independence, and credible acquirers with obvious stack fit. We count down from least likely to most likely.

3. Zebra Technologies Zebra Technologies (NASDAQ: ZBRA | ZBRA Price Prediction) is the cleanest example of an acquirer. Its Q1 2026 revenue came in at $1.495 billion, beating estimates, with non-GAAP EPS of $4.75 and an adjusted EBITDA margin of 23.2%. Management raised FY26 EPS guidance to $18.30 to $18.70 with free cash flow above $900 million.

Zebra bought Elo Touch and Photoneo (combined roughly $1.36 billion) and exited its robotics business with $76 million in charges, and the board authorized an additional $1 billion repurchase. With $2.5 billion in debt against $125 million in cash and market cap near $11.2 billion, the balance sheet and CEO Bill Burns’ “sharper focus” commentary read as a standalone roll-up plan. Forward earnings trade near 12x, cheap on paper, but the active checkbook and director buying at $247.15 in May suggest the board is defending its independence. Shares trade at $234.20.

2. Teradyne Teradyne (NASDAQ: TER) is the trickiest call. The semicap-test franchise is strong: Q1 2026 revenue of $1.28 billion grew 87% year over year, non-GAAP EPS of $2.56, and roughly 70% of revenue ties to AI demand. Shares are up 325.4% over the past year to $369.21, lifting market cap to roughly $57.8 billion, at 69x trailing earnings and 51x forward.

That price tag is the problem. A whole-company takeout by Applied Materials or Lam would be one of the largest semicap deals ever, and the AI-test multiple leaves little premium room. The more realistic outcome is a carve-out: the Robotics segment (Universal Robots and MiR) contributed just $91 million in Q1, CEO Greg Smith flagged its growth potential, and the company already executed a robotics restructuring affecting roughly 400 employees in 2025. Insider activity is neutral; CEO Smith’s May 15 mixed buy/sell transaction at $338.98 looks like routine option exercise mechanics. It remains a possible target, but the math favors divestiture over a full takeover.

1. Mobileye Mobileye (NASDAQ: MBLY) is the cleanest takeover setup. Shares closed at $9.33, down 42.2% over the past year, putting market cap near $7.9 billion, digestible for virtually any large automaker or hyperscaler. The valuation collapse forced a $3.79 billion goodwill impairment in Q1 2026, yet the operating business is improving: Q1 revenue of $558 million grew 27.4% year over year, adjusted EPS of $0.12 beat expectations, EyeQ shipments hit 10.8 million, and management raised FY26 revenue guidance to $1.94 billion to $2.02 billion.

The strategic IP is the prize: EyeQ, SuperVision, REM mapping, the VW MOIA robotaxi platform, the Uber LA validation, and the newly acquired Mentee Robotics humanoid stack. CEO Amnon Shashua framed the ambition as “a comprehensive leader in Physical AI, encompassing both autonomous vehicles and humanoid robotics.” Mobileye sits on $1.836 billion in cash and authorized a $250 million buyback, so a buyer gets the technology with cash returning a chunk of the check. The decisive variable is Intel: it holds the majority economic and voting stake, and monetization has been openly signaled. A controlling shareholder under pressure to raise cash, paired with a depressed equity stub and uniquely strategic ADAS and robotaxi assets, is the textbook setup.

The Cleanest Setup Across the three criteria that matter most (small enough check, IP a strategic buyer cannot replicate, and a controlling owner with reason to sell), Mobileye checks every box. Zebra is buying, Teradyne is too expensive to swallow whole, and Mobileye is where a phone call from Intel could change the chart overnight. No deal has been announced, but on M&A math alone, it is the cleanest takeover candidate of the three.