Mizuho lowered the firm’s price target on Mobileye (MBLY) to $11 from $12 and keeps a Neutral rating on the shares after the company reported December quarter results and guided FY26 revenue to $1.94B, up about 3% year-over-year, modestly below the consensus call for 6% year-over-year growth. The firm is lowering estimates following the company’s report and guidance.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY:
- Midday Fly By: GE Aerospace reports Q4 beat, P&G reports mixed Q2
- Video: Futures pointing higher after President stood down on EU tariff threats
- Morning Movers: Abbott and McCormick sink following fourth quarter results
- Mobileye reports Q4 adjusted EPS 6c, consensus 6c
- Mobileye sees FY26 revenue $1.9B-$1.98B, consensus $2B