RBC Capital lowered the firm’s price target on Mobileye (MBLY) to $13 from $14 and keeps a Sector Perform rating on the shares after its Q4 results. The company’s FY26 EBIT guidance came in well below consensus, driven by R&D expenses associated with the Mentee Robotics acquisition, and while the firm remains constructive on Mobileye robotaxi and humanoid platforms, it also sees near term headwinds from OEM insourcing on advanced autonomy, the analyst tells investors in a research note.
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