Raymond James lowered its target to $16 from $19 and maintained an Outperform rating, citing meaningful earnings leverage as incremental revenue scales in late 2026 despite labeling fiscal 2026 a transition year. RBC Capital also trimmed its forecast to $13 from $14, noting elevated R&D expenses tied to the Mentee Robotics acquisition.

Mobileye reported full-year 2025 revenue of $1.9 billion, a 15% increase year-over-year that modestly exceeded prior guidance. The growth was driven by expanded deployments of its ADAS systems and advancements in its AI-based decision-making platforms.

The acquisition of Mentee Robotics expands Mobileye’s platform into integrated humanoid systems with continuous passive learning. The company plans proof-of-concept engagements in high double digits during 2026 and aims for full commercial rollout by 2028, leveraging its artificial community intelligence and fast-think/slow-think vision-language models.