Raymond James Adjusts Mobileye Global Inc. (MBLY) to $16, Cites Earnings Leverage Potential

We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now.

On January 24, Raymond James lowered its price target on Mobileye Global Inc. (NASDAQ:MBLY) to $16 from $19 while maintaining an Outperform rating following fourth-quarter results. The firm reiterated that fiscal 2026 is expected to represent a transitional year but sees potential upside emerging in late 2026. Raymond James highlighted favorable risk-reward dynamics, citing meaningful earnings leverage as incremental revenue scales.

The prior day, RBC Capital reduced its price target on Mobileye Global Inc. (NASDAQ:MBLY) to $13 from $14 and maintained a Sector Perform rating after reviewing fourth-quarter results. Fiscal 2026 EBIT guidance came in below consensus, reflecting increased research and development expenses associated with the Mentee Robotics acquisition. While RBC remains constructive on the company’s robotaxi and humanoid robotics initiatives, it noted near-term headwinds from OEM insourcing of advanced autonomy capabilities.

On January 22, Mobileye Global Inc. (NASDAQ:MBLY) reported full-year 2025 revenue of $1.9 billion, representing 15% year-over-year growth and modestly exceeding prior guidance. The company introduced artificial community intelligence (ACI) for planning, advanced sim-to-wheel transfer methodologies, and a fast-think/slow-think vision-language model architecture aimed at enhancing precision, scalability, and reducing teleoperator dependency. The robotics acquisition expands the platform into vertically integrated humanoid systems featuring continuous passive learning, with customer proof-of-concept engagements expected in high double digits during 2026 and commercialization targeted for 2028, generating synergies with Mobileye’s simulation and AI stack. Although fiscal 2026 may reflect elevated investment, the expansion into robotics and advanced autonomy broadens Mobileye’s total addressable market and enhances long-term optionality, reinforcing the case for patient capital deployment.

Mobileye Global Inc. (NASDAQ:MBLY), headquartered in Israel, develops advanced driver-assistance systems and autonomous driving technologies. The company’s portfolio spans computer vision, mapping, and AI-based decision-making platforms designed for both consumer vehicles and future mobility solutions.

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