• Goldman Sachs sets a price target of $12 for Mobileye Global Inc. (NASDAQ:MBLY), indicating a potential increase of 14.18%.
• Despite a disappointing earnings report with adjusted earnings per share of $0.06, Mobileye's revenue exceeded forecasts at $446 million.
• The company projects revenue growth for fiscal year 2026, with guidance between $1.9 billion and $1.98 billion, surpassing analyst expectations.

Mobileye Global Inc. (NASDAQ:MBLY) is a leader in self-driving technology, providing advanced driver assistance systems. The company is known for its EyeQ system-on-chip, which is integral to its product offerings. Mobileye competes with other tech giants in the autonomous vehicle space, striving to maintain its edge through innovation and strategic partnerships.

On January 22, 2026, Goldman Sachs set a price target of $12 for Mobileye, suggesting a potential increase of 14.18% from its current trading price of $10.51. This optimistic outlook comes despite recent challenges, including a 3% drop in share price following a disappointing fourth-quarter earnings report. The adjusted earnings per share were $0.06, falling short of the expected $0.24.

Despite the earnings miss, Mobileye's revenue for the quarter was $446 million, surpassing the forecasted $431.85 million. However, this figure marked a 9% decline from the previous year, primarily due to an 11% reduction in EyeQ system-on-chip volumes. This reduction was attributed to tighter inventory levels at Tier 1 customers, impacting overall sales.

Mobileye's adjusted operating margin also saw a decline, dropping to 9% from 21% the previous year. Despite these setbacks, the company remains optimistic about its future. It has provided a revenue guidance for fiscal year 2026, projecting between $1.9 billion and $1.98 billion, which is above the analyst consensus of $1.87 billion. This suggests a potential growth of up to 5% year-over-year.

The company's stock has experienced volatility, with a recent decrease of 3.40%, bringing the price to $10.51. Over the past year, the stock has fluctuated between a high of $20.18 and a low of $10.04. Mobileye's market capitalization is approximately $8.55 billion, with a trading volume of 17.92 million shares, reflecting investor interest and market activity.