Updated Aug 6 at 2:06pm ET.
Follow Mobileye to never miss an important update.
Tigress Financial lowered its price target for the stock to $18, down from $25, while keeping its buy rating. This change follows the company's recent quarterly results and leadership news. Even with the cut, the new target is still more than double the current stock price.
Analysts often adjust these targets to reflect new financial data or changes in the company's outlook. While the lower target suggests a more cautious view of the near-term price, the firm still believes the stock is worth buying at these levels.
Source: Tigress Financial
Director Frank Yeary bought about $99,000 worth of shares on July 30. Unlike the stock awards that executives often receive as part of their pay, this was an open-market purchase where the director used his own cash to buy more of the company. When a board member buys shares after a stock has fallen, it is often a sign they believe the business is being undervalued by the market. While this is a relatively small amount for a company of this size, it shows some confidence from the people closest to the business.
Piper Sandler upgraded the stock to overweight, which is their way of saying they expect it to perform better than the average stock. They set a price target of $12, suggesting they see room for the stock to rise from its current level.
This upgrade comes just days after the company reported quarterly results and announced its CEO would be stepping down. The move suggests that some analysts see the current low price as a good opportunity for long-term owners, despite the uncertainty of a leadership change.
Source: Piper Sandler
Evercore ISI lowered its price target to $16 from $20 while keeping its outperform rating. This is a routine adjustment that analysts make to align their price expectations with the latest financial results and the company's updated outlook for the year. A lower target often reflects a more conservative view of how fast the company will grow in the short term. However, by keeping the outperform rating, the firm is signaling that it still views the business as a better investment than most of its peers.
Source: Evercore ISI
SEC filing on 2026-07-23: 8-K, 8-K filing: executive or director change; Regulation FD disclosure.
Source: 8-K filing
Analysts adjusted their outlooks following the company's second-quarter earnings report in late July. Most analysts rate the stock a buy, and the average price target of $11 suggests a 35% gain from today's price.
The company has a perfect record of beating profit expectations over the last two years. Management consistently sets bars they can clear, which makes their financial targets easier to trust.
| Expectation | |
|---|---|
| EPS | $0.10 |
| Revenue | $474M |
