Mizuho lowered the firm’s price target on Mobileye (MBLY) to $12 from $15 and keeps a Neutral rating on the shares. The firm adjusted targets in the semiconductors and semiconductor capital equipment group heading into 2026. U.S. electric vehicle sales were down 20%-50% month-over-month in October and November, and 2026 launch cancels and delays will be a headwind in 2026, the analyst tells investors in a research note. Mizuho sees a mixed sector outlook with EV headwinds for the analog and auto component supply chain, with industrials potentially performing better.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY:
- Mobileye Stock (MBLY) Continues Its Plunge after Firm Announces Layoffs
- Mobileye laying off 5% of global workforce, Globes reports
- Mobileye assumed with an Equal Weight at Morgan Stanley
- Quant Stock Options Strategy Eyes Mobileye Global’s (MBLY) Bullish Comeback
- Mobileye price target lowered to $13 from $16 at Goldman Sachs