Mobileye Global, Inc. Class A (MBLY) AI Stock Analysis

• Market Cap: $10.51B
• Dividend Yield: N/A
• Average Volume (3M): 4.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: -20.44%
• EPS Growth: -11112.94%
• Country: US
• Employees: 3,900
• Sector: Consumer Cyclical
• Sector Strength: 63
• Industry: Auto - Parts
• EPS (TTM): -3.81
• Shares Outstanding: 100,226,480
• 10 Day Avg. Volume: 5,290,797
• 30 Day Avg. Volume: 4,224,687
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 7.15
• Price to Cash Flow (P/CF): 14.50
• P/FCF Ratio: 14.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $18.94
• Price Target Upside: 46.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 16

Mobileye Global, Inc. faces significant financial performance challenges with declining revenues and profitability, but maintains a strong balance sheet. The earnings call highlighted potential growth and operational improvements but also flagged conservative guidance and customer-related risks. Technical analysis shows a neutral trend, and valuation metrics are weak due to current unprofitability.

Positive Factors

Market adoption

The European market is more likely to adopt advanced ADAS trends faster, which could benefit Mobileye.

Partnerships and collaboration

Mobileye announced an expanded partnership to deploy Surround ADAS in mainstream VW brands, charting a path for multiple growth vectors.

Negative Factors

Competitive market

The AV tech market is increasingly competitive, and it could take until 2027 for earnings growth to inflect more positively.

Earnings outlook

There is a need for stabilization in earnings estimates and additional wins for advanced autonomous solutions like Supervision/Chauffeur.

Mobileye Global, Inc. Class A Business Overview & Revenue Model

Company Description

Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates. It also provides Mobileye Chauffeur, a generation solution; and Mobileye Drive, a Level 4 solution, which comprise a set of autonomous driving technology solutions, such as Self-Driving System & Vehicles and Autonomous Mobility as a Service. The company was founded in 1999 and is headquartered in Jerusalem, Israel. Mobileye Global Inc. operates as a subsidiary of Intel Overseas Funding Corporation.

How the Company Makes Money

Mobileye generates revenue primarily through the sale of its ADAS and autonomous vehicle systems to automotive manufacturers and suppliers. The company's key revenue streams include direct sales of its vision-based platforms and related technologies, as well as licensing its proprietary software and intellectual property to other companies in the automotive industry. Mobileye's strategic partnerships with leading car manufacturers and technology firms also contribute significantly to its earnings. These collaborations often involve joint development projects and long-term supply agreements, which help Mobileye expand its market reach and drive growth in the adoption of its technologies. Additionally, the company's continuous investment in research and development fuels innovation and maintains its competitive edge in the rapidly evolving automotive sector.

Mobileye Global, Inc. Class A Financial Statement Overview

Summary

Mobileye Global, Inc. faces significant challenges in revenue growth and profitability, evidenced by declining revenues and increasing net losses. While the balance sheet remains strong with no debt and high equity, the cash flow shows some resilience but is strained by operational losses.

Income Statement

Mobileye Global, Inc. shows a concerning trend in revenue and profitability. The company reported a significant decline in total revenue from $2.079B in 2023 to $1.654B in 2024, indicating a negative revenue growth rate. Gross profit margin also fell, with gross profit decreasing from $1.047B to $741M, suggesting pressure on sales and cost management. The net income continues to be negative, worsening from -$27M in 2023 to -$3.09B in 2024, which severely impacts the net profit margin. The ongoing negative EBIT and EBITDA margins indicate operational inefficiencies.

Balance Sheet

Despite income challenges, Mobileye maintains a strong balance sheet with high stockholders' equity of $12.087B in 2024 compared to $14.924B in 2023. The equity ratio remains robust, reflecting a solid financial position with low total liabilities at $492M. The company has no debt, improving financial stability. However, declining total assets from $15.577B to $12.579B could indicate potential long-term concerns if asset utilization is not optimized.

Cash Flow

Cash flow operations show resilience with operating cash flow increasing slightly to $400M in 2024 from $394M in 2023, despite a decrease in revenue. Free cash flow improved to $319M from $296M, showing better capital expenditure management. However, the free cash flow to net income ratio remains concerning due to the large net losses, and the overall cash flow position is under pressure from declining revenues.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.65B	2.08B	1.87B	1.39B	967.00M
	Gross Profit
741.00M	1.05B	922.00M	655.00M	376.00M
	EBIT
-3.23B	-33.00M	-8.00M	-57.00M	-212.00M
	EBITDA
-2.66B	529.00M	559.00M	469.00M	251.00M
	Net Income Common Stockholders
-3.09B	-27.00M	-82.00M	-75.00M	-196.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.43B	1.21B	1.02B	616.00M	85.00M
	Total Assets
12.58B	15.58B	15.44B	16.66B	16.46B
	Total Debt
0.00	51.00M	58.00M	12.00M	0.00
	Net Debt
-1.43B	-1.16B	-966.00M	-604.00M	-85.00M
	Total Liabilities
492.00M	653.00M	647.00M	766.00M	620.00M
	Stockholders Equity
12.09B	14.92B	14.79B	15.89B	15.84B
Cash Flow		Free Cash Flow
319.00M	296.00M	435.00M	456.00M	180.00M
	Operating Cash Flow
400.00M	394.00M	546.00M	599.00M	271.00M
	Investing Cash Flow
-120.00M	-98.00M	1.19B	-157.00M	-965.00M
	Financing Cash Flow
-66.00M	-100.00M	-1.32B	91.00M	732.00M

Mobileye Global, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MBLY, the sentiment is Negative. The current price of 12.95 is below the 20-day moving average (MA) of 14.54, below the 50-day MA of 15.52, and below the 200-day MA of 16.59, indicating a bearish trend. The MACD of -0.58 indicates Positive momentum. The RSI at 41.05 is Neutral, neither overbought nor oversold. The STOCH value of 44.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MBLY.

Mobileye Global, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APTV	70 Outperform	$11.00B	6.97	17.57%	―	-1.69%	-33.56%
BWA	62 Neutral	$5.75B	17.42	6.46%	1.68%	-11.10%	-46.32%
MBLY	60 Neutral	$10.51B	―	-22.88%	―	-20.44%	-11112.94%
Sector *	59 Neutral	$11.48B	10.33	-0.21%	4.02%	1.19%	-15.83%
HSAI	54 Neutral	$1.60B	―	-2.44%	―	9.07%	79.21%
AEVA	53 Neutral	$401.05M	―	-92.90%	―	110.23%	12.96%
QS	46 Neutral	$2.06B	―	-38.29%	―	―	2.40%

Mobileye Global, Inc. Class A Corporate Events

Christine Pambianchi Resigns from Mobileye Board

On April 2, 2025, Christine Pambianchi announced her resignation from Mobileye Global Inc.’s board of directors, effective April 25, 2025, following her departure from Intel Corporation, the controlling shareholder. Her resignation was not due to any disagreements with Mobileye’s operations or policies.