7/102 sources · 2 publishersUpdated Oct 30, 20:19 UTC
TD Cowen cuts Mobileye rating to Hold and lowers price target to $7
TD Cowen downgraded Mobileye (MBLY) from Buy to Hold and reduced its price target from $8 to $7. The downgrade cites delayed advanced product timelines and weaker demand from Western OEMs. Mobileye reported Q3 2026 adjusted earnings of $0.11 per share on revenue of $492 million, a 2% year‑over‑year decline. The stock is trading near its 52‑week low.
Why it matters
TD Cowen’s lower price target signals reduced near‑term upside, which may pressure the share price. The downgrade reflects concerns over product rollout delays and Western market headwinds.
Key facts
- 1TD Cowen downgraded Mobileye to Hold from Buy and lowered the price target to $7.00 from $8.00. investing.com
- 2Mobileye’s Q3 2026 adjusted earnings were $0.11 per share. investing.com
- 3Mobileye’s Q3 2026 revenue was $492 million, down 2% year‑over‑year. investing.com
- 4TD Cowen cited continuously delayed timelines for advanced product conversions and headwinds with Western partners as reasons for the downgrade. investing.com
- 5TD Cowen’s new price target of $7 suggests a 17.4% upside from the Oct 30 close of $5.96. tradingview.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.