MBLY Stock On Track For Best Single-Day Gains In Over A Year – CEO Highlights Stronger-Than-Expected Start To 2026

• Mobileye stated that Volkswagen and MOIA began pre-series production of its robotaxi platform at Volkswagen’s Hanover plant in March this year.
• The company added that there are now more than 100 Volkswagen ID.BUZZ autonomous vehicles are undergoing testing on the road in six cities, with another expected to be added soon.
• The company also announced that it secured design wins for its SuperVision and Surround ADAS with Mahindra and that it continues to see significant growth potential in the Indian market for both platforms.

Shares of Mobileye Global Inc. (MBLY) were on track for the best single-day gains since listing on the Nasdaq in October 2022 after the company’s first-quarter (Q1) earnings and full-year 2026 outlook surpassed Wall Street expectations.

Mobileye also announced that it has secured a key win from India-based automaker Mahindra for its Surround Advanced Driver Assistance System (ADAS) technology.

Mobileye shares were up nearly 13% in Thursday’s opening trade.

Mobileye’s Biggest Catalysts In Q1

Mobileye CEO Amnon Shashua stated that the company was off to a stronger-than-expected start to 2026. The firm announced that its robotaxi ecosystem saw significant progress during the quarter, with Volkswagen and MOIA kicking off the pre-series production at Volkswagen’s Hanover plant in March this year.

Mobileye added that more than 100 Volkswagen ID.BUZZ autonomous vehicles are undergoing testing on the road in six cities, with another expected to be added soon. The Volkswagen ID.BUZZ AVs are powered by the Drive system.

The company also announced that it secured design wins for its SuperVision and Surround ADAS with Mahindra, adding that it continues to see significant growth potential in the Indian market for both platforms.

Mobileye also revealed that its EyeQ6 High-based SuperVision is operating in the U.S. inside pre-production vehicles for the first time.

Mobileye Hikes 2026 Forecast

Mobileye hiked its full-year 2026 forecast following the Q1 earnings print. The company now expects revenue of $1.9 billion to $2 billion, up 2% from its previous guidance.

“We believe Mobileye Drive technology has meaningful scaling advantages over the competition and look forward to continued strong execution over the course of 2026,” the company said.

Mobileye reported earnings per share (EPS) of $0.12 on revenue of $558 million in Q1, beating Wall Street estimates of an EPS of $0.09 on revenue of $520 million.

How Did Retail Traders React?

Retail sentiment on Stocktwits around Mobileye trended in the ‘extremely bullish’ territory with message volumes at ‘extremely high’ levels at the time of writing.

One bullish user called Mobileye’s Q1 earnings "unbelievable" and said this is just the beginning.

MBLY stock is down 15% year-to-date and 33% over the past 12 months. The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is up 89% over the past 12 months, while the Pacer US Small Cap Cash Cows 100 ETF (CALF) is up 37%.

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