MBLY Stock Heads Toward Another Green Week: Goldman Sachs Sees Boost From Next-Gen Tech, Robotaxi Platform

• The firm expects stronger revenue growth as Mobileye scales ADAS, hands-free driving, and consumer tools. 
• Goldman Sachs cited robotaxi development as a long-term driver.
• Mobileye raised its full-year 2026 revenue guidance to $1.935 billion and $2.015. 

Mobileye Global Inc. (MBLY) stock is on track for a second week of gains following a 10% rally on Thursday after stronger-than-expected first-quarter earnings. 

The company also received backing from Goldman Sachs, which increased its price target on the autonomous driving technology firm’s stock to $9 from $8 while maintaining a ‘Neutral’ rating, according to TheFly. 

MBLY Positioned For Stronger Revenue Expansion 

Goldman Sachs cited improving momentum across Mobileye’s core and next-generation technologies as the reason behind the price target revision. The firm highlighted expectations for faster revenue growth ahead as the company scales multiple programs, including surround-view ADAS systems, hands-free highway driving solutions, and advanced consumer-focused driving tools. 

Goldman Sachs also pointed to Mobileye’s developing robotaxi platform as a longer-term growth driver. The note also emphasized that newer offerings command higher average selling prices, while the company’s “Drive” platform provides visibility into recurring revenue. 

Mobileye stock traded over 1% higher in Friday’s premarket. 

Mobileye’s Share Buyback And Q1 Performance 

Mobileye unveiled a new capital return initiative, authorizing a share repurchase program worth up to $250 million. The program is designed to partially counteract share dilution resulting from employee equity compensation and stock issued in connection with the Mentee Robotics acquisition. 

In Q1, Mobileye recorded $558 million in revenue, a 27% year-on-year (YoY) increase. Growth was primarily fueled by a surge in EyeQ system-on-chip shipments and improved customer demand. Adjusted earnings per share (EPS) were $0.12. 

Both revenue and EPS surpassed the analysts’ consensus estimates of $519 million and $0.09, respectively, according to Fiscal AI data. 

Mobileye highlighted continued momentum in its autonomous driving ecosystem, including expanded testing of its robotaxi platform with Volkswagen and MOIA across multiple cities. The company also reported progress in US-based trials of its SuperVision system and new design wins in India with Mahindra, signaling broader global adoption.

The company raised its full-year 2026 revenue guidance to $1.935 billion to $2.015 billion, up from the previous outlook of $1.9 billion to $1.98 billion. 

What Are Retail Traders Saying? 

On Stocktwits, retail sentiment around the stock changed to ‘extremely bullish’ from ‘neutral’ territory the previous day. Message volume surged 606% in a span of 24 hours. 

A user said, “With a buyback program, it tells you this stock will continue to increase.” 

MBLY stock has declined by over 16% year-to-date.

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