| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 70 | — | 17.8x | Top tier | |
Growth | 20 | 5.0% | 7.1% | Bottom tier | |
Quality | 24 | -40.4% | 4.5% | Bottom tier | |
Safety | 66 | — | 2.6x | Around median | |
Capital Return | 54 | — | 2.12% | Around median | |
Momentum | 24 | -39.0% | 2.9% | Bottom tier | |
Sentiment | 91 | 15 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Mobileye Global Inc. develops driver-assistance and autonomous-driving systems for automakers, and its core business is based on selling EyeQ chips and related software within ADAS applications. The company expands the value generated from each vehicle through higher-priced and more profitable products, including Cloud-Enhanced ADAS, Surround ADAS, SuperVision, Chauffeur, and Drive, while Moovit provides trip-planning and supply-and-demand management capabilities for the integrated robotaxi service that Mobileye aims to launch in at least one U.S. city during 2027.
In Q2 of fiscal 2026, revenue reached $508 million and gross profit was $235 million, equivalent to a calculated gross margin of approximately 46.3%, while the company recorded a net loss of $21 million and a loss per share of $0.03. EyeQ volume was approximately 10 million units, up 3% year over year, while SuperVision deliveries reached approximately 20 thousand units; therefore, the volume mix remained clearly concentrated in EyeQ, with a smaller contribution from the higher-priced SuperVision.
On a non-GAAP basis, adjusted operating income reached $155 million in Q2 of fiscal 2026, up 46% year over year, and the adjusted operating margin expanded by approximately 10 percentage points to 31%. However, this jump included a $93 million reduction in research and development expenses under the new Israeli incentive, and approximately half of the amount was related to the Q1 fiscal 2026 impact that was recorded in Q2; for the first half of fiscal 2026, revenue grew 13%, the adjusted operating margin reached 23%, and operating cash flow was $210 million.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $11.38, with a “Buy” consensus, but the wide range between $7 and $18 reveals substantial divergence in estimates of the value of the autonomous-driving and robotaxi programs; the average is also approximately 28% below the 52-week range high of $15.81, while the lowest target is close to the range low of $6.47. No meaningful price-to-earnings ratio is available because of accounting losses, including a trailing-twelve-month net loss of $4.1 billion, and therefore any valuation improvement is tied to demonstrating growth in the 2027 and 2028 programs and the sustainability of adjusted profitability, weighed against the risks of weakness in Q3 of fiscal 2026 and the dependence of a large portion of earnings improvement on the Israeli incentive.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
The company raised the midpoint of its revenue outlook to $1.995 billion, implying year-over-year growth of between 4% and 7% across the guidance range. The forecast is based on slightly more than 39 million EyeQ units, an increase of approximately one million units from the previous estimate. Key drivers include Geely and Chery exports to overseas markets, rising ADAS adoption in emerging markets, and Mobileye's increased share at some automakers. This result is notable because the company expects production by its ten largest customers to decline by approximately 4.5% during fiscal 2026.
Adjusted operating income reached $155 million and the adjusted operating margin reached 31%, up 46% year over year and approximately 10 percentage points, respectively. However, the results included a $93 million reduction in research and development expenses under the Israeli incentive, and approximately half of the amount was a retroactive Q1 fiscal 2026 impact. For the first half of fiscal 2026, the adjusted operating margin reached 23%, up 6 percentage points year over year. The company expects a benefit of $180 to $200 million in fiscal 2026, with gradual cash collection of that year's benefit beginning in 2028.
Mobileye delivered approximately 20 thousand SuperVision units in Q2 of fiscal 2026 and slightly more than 40 thousand units in the first half, but maintained its full-year forecast at slightly less than 60 thousand units because of inventory building by customers. Cloud-Enhanced ADAS, meanwhile, won the high-volume Stellantis program that begins in 2027, with REM gradually introduced across the group's vehicles. The company says gross profit per unit for Cloud-Enhanced ADAS is approximately equal to that of Surround ADAS and more than double that of the base ADAS program. It also expects Surround ADAS to begin contributing to average selling price per unit growth during 2028.
The company intends to launch a vertically integrated robotaxi offering in at least one U.S. city during 2027, alongside its work with Volkswagen and MOIA. The initial company-owned launch targets a fleet of 100 to 200 vehicles in one city during 2027, while the MOIA program began public passenger testing with safety drivers in Hamburg during 2026. Management estimates annual revenue of approximately $125 thousand per vehicle, with an equipped vehicle cost of less than $100 thousand and annual operating expenses in the tens of thousands of dollars. Moovit can be used for fleet management, trip planning, and passenger interaction, but these economics still need to be proven at commercial scale.
Management expects Q3 fiscal 2026 revenue to decline by 5% to 6% year over year, with gross margin slightly below the previous quarter and a modest increase in operating expenses before the incentive. It also expects SuperVision shipments to decline in the second half after first-half shipments exceeded end-market vehicle demand by approximately 10 thousand units. The research and development incentive may fluctuate based on eligible spending, exchange rates, and the control structure, and its annual estimate could decline from approximately $200 million to around $100 million if Intel is no longer a controlling shareholder. In addition, the company expects the effective and cash tax rate could rise to 15% beginning in 2027.
Through Mentee, the company is working on the V3.2 robot, targeting a V3.5 version after it and then a production-ready V4 model in Q1 of fiscal 2027. Software development focuses on imitation learning and reinforcement learning through simulation, with a platform that handles approximately 4 thousand objects across household use cases. Mobileye aims to build approximately 500 units in 2028 to begin consumer-oriented use. The company plans to begin insurance and pilot-site discussions in 2027, demonstrating that the project remains ahead of broad commercialization.
