tiprankstipranks
Advertisement
Advertisement

Mobileye completes $900 million Mentee Robotics acquisition

Story Highlights
  • Mobileye completed a $900 million acquisition of Mentee Robotics on February 3, 2026.
  • The deal used cash and additional Class A shares, slightly increasing dilution but preserving prior terms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mobileye completes $900 million Mentee Robotics acquisition

Claim 30% Off TipRanks

Mobileye Global, Inc. Class A ( (MBLY) ) has issued an announcement.

On February 3, 2026, Mobileye Global Inc. and its Israeli subsidiary Mobileye Vision Technologies Ltd. completed the $900 million acquisition of Israeli company Mentee Robotics Ltd., paying $611.9 million in cash and issuing 26,279,824 shares of Mobileye Class A common stock. The final share count, slightly higher than the previously indicated maximum, reflected a recalculation based on the volume-weighted average trading price of the stock in the 30 days before the January 5, 2026 signing date, with no change to the underlying deal terms, and the new shares were issued in a private transaction exempt from U.S. securities registration requirements, modestly diluting existing shareholders while expanding Mobileye’s technology portfolio.

The most recent analyst rating on (MBLY) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Mobileye Global, Inc. Class A stock, see the MBLY Stock Forecast page.

Spark’s Take on MBLY Stock

According to Spark, TipRanks’ AI Analyst, MBLY is a Neutral.

The score is supported mainly by strong balance-sheet flexibility and positive free cash flow, plus constructive earnings-call momentum and product wins. It is held back by weak/volatile profitability and a bearish technical trend, with limited valuation support due to a negative P/E and no dividend.

To see Spark’s full report on MBLY stock, click here.

More about Mobileye Global, Inc. Class A

Mobileye Global Inc., a Delaware-based corporation, operates in the automotive technology sector through its subsidiary Mobileye Vision Technologies Ltd. in Israel, focusing on advanced driver-assistance and autonomous driving systems for global automakers and mobility providers.

Average Trading Volume: 7,524,338

Technical Sentiment Signal: Sell

Current Market Cap: $7.27B

For a thorough assessment of MBLY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1