At CES 2026, Mobileye’s CEO, Prof. Amnon Shashua, confirmed that the company has agreed to acquire Mentee Robotics. The deal expands Mobileye’s footprint beyond driver-assistance systems into humanoid robotics, leveraging Mentee’s proprietary actuator and perception modules. Mobileye expects to integrate Mentee’s engineering team of 120 full-time employees into its New Technologies group and projects the combined unit will generate incremental R&D synergies of $25 million by fiscal 2027. This strategic move follows Mobileye’s October announcement of its first robotics pilot in Israel and underscores management’s intent to diversify revenue streams beyond automotive applications.

During the keynote, Shashua outlined progress on the collaboration with Volkswagen Autonomous Mobility (MOIA). The joint venture has completed over 10,000 autonomous ride-hail trips across Munich and Detroit as of December 2025, achieving a fleet uptime of 92% and reducing per-trip operating costs by 18% compared with human-driven services. Christian Zenger, CEO of Volkswagen Autonomous Mobility, joined the stage to confirm plans for a U.S. market rollout in early 2027, targeting deployment of up to 200 Level 4 vehicles in major metropolitan areas. The partners aim to capture a 10% share of the autonomous mobility market by 2030.

Following the show, three major brokerage firms upgraded their outlooks on Mobileye, citing improving revenue visibility from both ADAS sales and emerging robotics divisions. One note highlighted projected EPS of $0.60–$0.80 in fiscal 2027 and a forward price-earnings multiple in the mid-teens, underscoring an attractive valuation relative to peer multiples above 25. Analysts also raised their 12-month targets by an average of 15%, driven by stable OEM bookings—Mobileye reported 40 new model wins in 2025—and accelerated software subscription revenue that grew 60% year-over-year in Q4.