Out Fox The $treet

Update - July 23, 2026 Mobileye probably needs new leadership with the stock back down to the lows, but the company is just getting further behind the robotaxi race with this leadership disruption. The company just announced the deal for the  cloud-enhanced advanced driver assistance system technology in select Stellantis N.V. (STLA) vehicles, starting in 2027, but the program involves Mobileye spending too much time on secondary tech, not robotaxis. -Mobileye ( MBLY ) founder Amnon Shashua has informed the board of his intention to step down as CEO upon the appointment of a successor, ending a 27-year tenure. -Mobileye’s board will hire an executive search firm to conduct a comprehensive CEO search. -Shashua has been offered the role of chairman once a new CEO is appointed. Original article posted on Jun. 17 Mobileye Global Inc. is entering the robotaxi market, launching a service in 2027 despite being late compared to established competitors. The ADAS company faces significant co...

Update - June 16, 2026 Mobileye  seems very late to the robotaxi business. The  frustration over the last couple of years was the lack of leadership in the autonomous vehicle shift.  -Mobileye ( MBLY ) on Tuesday said it plans to launch its own autonomous ride-hailing service in a U.S. city in 2027, expanding beyond supplying self-driving technology to operating robotaxi fleets directly. -The company aims to deploy around 100 driverless vehicles initially, with plans to scale to about 17,000 vehicles over the following five years. Original article posted on Apr. 4 Mobileye Global remains in a transitional phase, struggling to capture leadership in the fast-moving robotaxi and autonomous vehicle markets. The company has a promising $24.5B eight-year revenue pipeline, but annual revenues remain stagnant near $2B, with 2026 guidance projecting flat to 5% growth. The recent $900M Mentee Robotics acquisition pushes MBLY into humanoid robotics, but the company faces formidable ...

  Mobileye Global warns of inventory issues and expects 2024 guidance to fall far short due to excess supplies caused by double EyeQ ordering during Covid. The ADAS chip company guided to 2024 revenues of only $1.9 billion suggesting a bigger problem than the 6 to 7 million excess chip inventory at Tier 1 customers. MBLY stock still trades at an elevated 12x 2024 sales targets despite the 25% dip. Since going public via the spin-off from  Intel Corporation  ( INTC ) in late 2022,  Mobileye Global Inc.  ( NASDAQ: MBLY ) has constantly traded at a premium valuation. The ADAS chip company just announced a  massive warning due to inventory issues at the end of 2023. My  investment thesis  remains Bearish on the stock even after the nearly 25% loss in early trading today, January 4th. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please read the disclaimer page for more details. 

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - June 5, 2023 Intel dumping shares should cap the stock in MobilEye following the irrational double top at $46. -Mobileye Global (NASDAQ:MBLY) on Monday announced the commencement of a secondary stock offering of up to 35M of its class A shares by a unit of Intel (INTC). -The Intel (INTC) unit selling the shares in the offering is Intel Overseas Funding Corporation. Update May 25, 2023   The Wells Fargo analyst sounds really bullish, but the price target only offers 25% upside. The better bet is Luminar Tech. ( LAZR )  at these prices. -Mobileye (NASDAQ:MBLY) shares rose more than 4% in pre-market trading on Thursday as Wells Fargo started coverage on the autonomous driving semiconductor company with an overweight rating. -Analyst Aaron Rakers, who also put a per-share price target of $50 on Mobileye (MBLY), noted that the company is ...

Citron Research published a $20 price target on BlackBerry. The stock is already up significantly off the recent lows and trades at a market multiple for a growth company. BlackBerry has upside potential on momentum, but the stock lacks the multiple expansion of Nvidia. Citron Research published a  report  placing a $20 target on  BlackBerry (NASDAQ: BBRY ). The opinion was shaped on the back of the incredible gains of  Nvidia  (NASDAQ: NVDA ) as the market made a sea change rerating of the stock, based on limited revenue growth and the recent buyout of  Mobileye (NYSE: MBLY ) at a lofty valuation. Read the full article on Seeking Alpha.  Disclosure: No position. Please review the disclaimer page for more details. 

Mobileye easily surpassed Q2 analyst estimates. Ending a partnership with Tesla Motors is a big red flag on whether Mobileye will maintain a technology lead. The stock is richly valued, considering the profit margins are unsustainable due to the low spending levels. The  Q2 results  for  Mobileye (NYSE: MBLY )  were phenomenal on all metrics. The assisted driver technology leader though faces some challenges going forward, especially in relation to stock value. Read the full article on Seeking Alpha.  Disclosure: No position