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Mobileye Global Inc. Announces Secondary Public Offering

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Mobileye Global Inc. Announces Secondary Public Offering

Elevate Your Investing Strategy:

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

Mobileye Global Inc. announced a secondary public offering of 45 million shares of its Class A common stock by Intel Overseas Funding Corporation, with an option for underwriters to purchase an additional 6.75 million shares. Concurrently, Mobileye plans a $100 million stock repurchase from Intel, contingent on the offering’s completion. Additionally, Intel plans to convert 50 million Class B shares to Class A shares, increasing the latter’s outstanding number. Despite recent geopolitical tensions in Israel, Mobileye expects no short-term business impact and has entered an agreement with TSMC to diversify its supply chain. Preliminary financial results for Q2 2025 indicate a revenue increase to $502-$506 million, driven by higher demand for EyeQ products.

The most recent analyst rating on (MBLY) stock is a Buy with a $25.00 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.

Mobileye Global, Inc.’s overall score reflects a balance of financial stability and growth potential against profitability challenges and valuation concerns. The company’s robust revenue growth and strategic partnerships offer promise, but negative earnings and macroeconomic uncertainties temper the outlook. Positive technical indicators suggest potential for short-term gains, but the lack of profitability remains a significant hurdle for long-term valuation improvement.

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

More about Mobileye Global, Inc. Class A

Mobileye Global Inc. operates in the technology industry, focusing on advanced driver-assistance systems (ADAS) and autonomous driving technologies. The company primarily develops and supplies its EyeQ system-on-chip (SoC) products, which are integral to imaging radar and future autonomous vehicle technologies.

Average Trading Volume: 3,678,872

Technical Sentiment Signal: Buy

Current Market Cap: $14.95B

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

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