Mobileye reported adjusted earnings per share of $0.06 for the quarter ended December 27, 2025, falling short of the consensus estimate of $0.24. Despite the earnings miss, revenue reached $446 million, exceeding the forecasted $431.85 million but representing a 9% year-over-year decline from $490 million in Q4 2024. The drop was driven by an 11% reduction in EyeQ system-on-chip volumes as Tier 1 customers normalized inventory levels. Non-GAAP operating margin narrowed to 9%, down from 21% a year earlier, while non-GAAP gross margin compressed by 176 basis points to 67%.

For the full year ending December 26, 2026, Mobileye projects revenue between $1.90 billion and $1.98 billion, eclipsing the analyst consensus of $1.87 billion and implying up to 5% growth over 2025’s $1.87 billion. Adjusted operating income is guided to a range of $170 million to $220 million, reflecting planned integration of the Mentee Robotics acquisition and continued investment in advanced driver assistance and autonomous driving systems. The guidance excludes forecasted non-cash share-based compensation and intangible amortization related to the acquisition until closing.

Goldman Sachs has set a price target of $12, suggesting upside of approximately 14.18% from recent levels. The consensus analyst price target has trended higher over the past year, rising from an average of $17.55 to $18.25 last month, with top-tier firms such as Deutsche Bank assigning targets near $19. This optimism reflects Mobileye’s growing design-win pipeline—now estimated at $24.5 billion over eight years—a diversified customer base that includes follow-on ADAS contracts with all top-10 automakers, and expansion into new Surround ADAS programs expected to deploy the EyeQ6 High processor.