Mobileye Global Inc

Mobileye Global, Inc. engages in the development and deployment of advanced driver assistance systems and autonomous driving technologies and solutions. It operates through the Mobileye and Moovit segments. The company was founded by Amnon Shashua in 1999 and is headquartered in Jerusalem, Israel.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Mobileye Global Inc reports revenue growth, SuperVision drives performance

Mobileye Global Inc's Q1 2023 performance showed revenue growth and strong SuperVision adoption. Despite challenges in China impacting guidance, the company remains focused on expanding its product offerings and revenue streams.

Mobileye reports mixed Q2 revenue, eyes design wins and tech superiority

Mobileye's Q2 performance showed revenue challenges but strong margin performance, with a focus on efficient operations and product scalability.
The company's technology strengths position it well against competitors, attracting OEMs with cost-effective and high-performance solutions.
While facing challenges like OpEx growth and product validation, Mobileye sees opportunities in design wins, EV collaborations, and global market expansion.

Mobileye excels in Q3 2023, eyes growth through partnerships

Mobileye Global Inc (MBLY) delivered strong financial performance in Q3 2023, showcasing revenue and income growth. The company's focus on innovation, strategic partnerships, and market expansion positions it well for future growth despite facing challenges like profitability factors and margin targets.

Mobileye reports solid Q4 results, eyes growth through advanced products

Mobileye Global Inc's Q4 performance met expectations, showing growth in revenue and operating income. The company's strategy to increase revenue per vehicle with advanced products and partnerships with OEMs bodes well for future growth. While facing challenges in China's competitive landscape and expense growth, Mobileye remains optimistic about opportunities in ADAS and emerging markets.

Mobileye reports robust Q1 earnings, eyes growth through strategic partnerships

Mobileye Global Inc (MBLY) demonstrated strong performance in Q1 2024, with technological advancements, strategic partnerships, and revenue growth drivers.
While facing challenges in inventory management and cost control, Mobileye's focus on innovation, quality, and market expansion positions it well for future growth.
With opportunities in revenue expansion, market penetration, and product development, Mobileye is poised to capitalize on the growing demand for advanced driver-assistance systems.

Mobileye Global Inc meets Q3 expectations, eyes future growth

Mobileye Global Inc's Q3 performance aligned with expectations, focusing on profitability and product portfolio advancement. Confidence in meeting future milestones and overcoming challenges. EyeQ 6 hardware performance crucial for design wins and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Mobileye Global, Inc. engages in the business of development and deployment of advanced driver assistance systems and autonomous driving technologies and solutions. It operates under the Mobileye and Other segments. The company was founded by Amnon Shashua and Ziv Aviram in 1999 and is headquartered in Jerusalem, Israel.

Mobileye cut its 2024 guidance last week on near-term concerns related to China. The guidance cut triggered a heavy sell-off that dropped the stock by over 20%.

Mobileye Stock Crashed After Earnings. Is It a Buy?

NVIDIA

Despite the index hitting multiple all-time highs this year, many veteran Wall Street analysts believe the rally has legs. Nvidia is an early beneficiary of the AI revolution and is poised to climb even higher.

2 Nasdaq Stocks to Buy Before They Soar as Much as 226% According to Select Wall Street Analysts

Mobileye (MBLY) trims its sales and profit guidance due to reduced expectations for EyeQ and SuperVision shipments for the remainder of 2024.

Mobileye (MBLY) Q2 Earnings Top, 2024 Sales & Profit View Cut

Mobileye Global Inc. (NASDAQ:MBLY ) Q2 2024 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Dan Galves - Chief Communications Officer Amnon Shashua - Chief Executive Officer & President Moran Shemesh - Chief Financial Officer Nimrod Nehushtan - Executive Vice President of Strategy & Business Development Conference Call Participants Ananda Baruah - Loop Capital Markets George Gianarikas - Canaccord Genuity Antoine Chkaiban - New Street Research Adam Jonas - Morgan Stanley Steven Fox - Fox Advisors Operator Greetings, and welcome to the Mobileye 2Q '24 Earnings Call. At this time, all participants are in a listen-only mode.

Mobileye Global Inc. (MBLY) Q2 2024 Earnings Call Transcript

Mobileye (NASDAQ: MBLY ) is one of the top-trending tickers on social media and business news websites, and MBLY stock is down about 20% today. The selloff was triggered by the firm's announcement of a reduction in its 2024 revenue guidance.

Mobileye (MBLY) Stock Is Down 20% as Demand Weakens. What's Going On?

Mobileye's second-quarter earnings were down from a year ago but beat Wall Street's estimates. But the company said shipments and revenue will be lower than expected in the second half of 2024.

Why Mobileye Stock Is Heading Downhill Today

Mobileye Global (MBLY) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.17 per share a year ago.

Mobileye Global (MBLY) Q2 Earnings and Revenues Beat Estimates

Mobileye Global cut its annual revenue forecast on Thursday, as the self-driving technology company reels under weak demand for its driver-assistance chips in the wake of production cuts at global automakers.

Mobileye cuts annual revenue forecast; shares slump

ZEEKR Intelligent Technology Holding Ltd

HANGZHOU, China & JERUSALEM--(BUSINESS WIRE)--Building on the success from their collaboration over the last several years, Zeekr and Mobileye have announced their plan to accelerate technology localization in China, integrate Mobileye technologies into the next-generation Zeekr models, and further their state-of-the-art driving safety and automation there and in the global market. Since the end of 2021, Zeekr has delivered more than 240,000 Zeekr 001 and Zeekr 009 vehicles, powered by the Mobi.

Zeekr and Mobileye to Accelerate Technology Collaboration in China

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today released its financial results for the three months ended June 29, 2024. “We are glad to report that the excess inventory at Tier 1 customers that meaningfully impacted our business in the first half of 2024 appears to be almost fully behind us, but a more significant than anticipated softening of business conditions in China (affecting the industry as a whole) is expected to lead to challenges in the second half.

Mobileye Releases Second Quarter 2024 Results, Updates Guidance and Provides Business Overview

Mobileye Global Inc. (NASDAQ: MBLY) faces a pivotal moment as it heads into its Q2 earnings report, set for tomorrow. Already under pressure with a 54% drop in its stock value year-to-date, the company's challenges were compounded today as J.P.

J.P. Morgan downgrades Mobileye Global ahead of Q2 earnings: Will the stock keep falling?

Super Micro Computer

One estimate calls for artificial intelligence (AI) to add more than $15 trillion to the global economy by 2030. Certain Wall Street analysts are forecasting 55% to 100% upside over the next 12 months for three top-tier AI stocks.

3 Artificial Intelligence (AI) Stocks With Scorching-Hot Upside of Up to 100%, According to Select Wall Street Analysts

NEW YORK CITY, NY / ACCESSWIRE / July 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.

MBLY SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Reminds Mobileye Global Inc. Shareholders to Actively Participate in Class Action Lawsuit!

NEW YORK CITY, NY / ACCESSWIRE / July 12, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.

MBLY STOCKHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces a Review into Mobileye Global Inc. and Encourages Investors to Contact the Firm Today!

Aurora Innovation

Baidu

Robotaxis have reportedly become very successful in the Chinese city of Wuhan, and the country is clearly moving towards allowing the phenomenon to become widespread in many of its cities. China's two largest cities — Beijing and Shanghai — are paving the way for robotaxis to operate legally within their borders.

3 Robotaxi Stocks Offering Early Investors Get-Rich Potential

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the second quarter 2024 on Thursday, August 1, 2024, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh Rojansky, CFO, Nimrod Nehushtan, EVP – Business Development and Strategy, and Dan Galves, CC.

Mobileye Announces Timing of its Second Quarter 2024 Results

Astera Labs Inc

Navitas Semiconductor Corp

I believe that many chip makers may very well be about to embark on a huge, multi-decade boom. While there's a great deal of focus on the large extent to which the advent of artificial intelligence is boosting chip makers' financial results, the chip space has other extremely powerful, positive catalysts that are getting much less attention.

3 Chip Stocks That Could Turn $500 Into a Fortune

NEW YORK CITY, NY / ACCESSWIRE / July 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.

MBLY SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Mobileye Global Inc. and Urges Investors to Contact the Firm Today!

NEW YORK CITY, NY / ACCESSWIRE / July 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. ("Mobileye" or "the Company") (NASDAQ:MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY.

MBLY INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Examination into Mobileye Global Inc. and Encourages Investors to Contact the Firm Today!

Alphabet

While the concept of self-driving vehicles was once the exclusive domain of science fiction, increasingly, this paradigm could become a reality. If so, you're going to want to at least consider acquiring some autonomous driving stocks now.

3 Autonomous Driving Stocks That Can Steer You to Riches

Volkswagen AG

JERUSALEM--(BUSINESS WIRE)--Volkswagen AG recognizes Mobileye among its top suppliers globally for 2024.

Volkswagen Group Names Mobileye Among Top Suppliers for 2024

NEW YORK--(BUSINESS WIRE)---- $MBLY #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mobileye Global Inc. (“Mobileye” or “the Company”) (NASDAQ: MBLY). Investors who purchased Mobileye securities prior to January 26, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MBLY. Investigation Details The investigation concerns whe.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Mobileye Global Inc. (MBLY) Investigation

General Motors

These stocks are putting fully autonomous products on the road today.

3 Autonomous Driving Leaders (Hint: Not Tesla)

Carvana

Sherwin-Williams

With the stock market in red-hot form, it's time to consider offloading some overvalued stocks. The U.S. stock market picked up from where it left off last year, wrapping up a robust first-quarter (Q1), fueled by economic optimism and anticipated interest rate cuts.

Caution! 3 Overvalued Stocks Ready for a Sharp Correction.

Luminar Technologies

The long-term potential of stocks pertaining to autonomous driving makes them appealing. By 2024, there may be more than 54 million cars on the road with some sort of self-driving tech installed.

News for Mobileye Global Inc Stock (MBLY)