Morgan Stanley met with recent Mobileye acquisition Mentee Robotics

Morgan Stanley keeps an Equal Weight rating on Mobileye (MBLY) with a $12 price target after meeting with Mentee Robotics, a company recently acquired by Mobileye. The company uses sim-to-real transfer to enable robots to learn passively and quickly generate task variations, the analyst tells investors in a research note. Mentee expects near-term deployments across Mobileye sites in 2026 and an industrial rollout in 2027, Morgan Stanley points out. The firm notes the company is targeting a $20,000 per unit cost at scale. Mentee’s ability to develop a scalable humanoid robot in a more capital-light way relative to peers “remains a key area of debate,” Morgan Stanley adds.