Berenberg Downgrades Mobileye (MBLY) to Hold
Key takeaways
- Berenberg Downgrades Mobileye (MBLY) to Hold Ali Ahmed Wed, June 17, 2026 at 4:59 PM GMT+7 2 min read MBLY Mobileye Global Inc.
- The research firm pointed to the stock’s rally since March and said that it has made the near-term risk-reward profile more balanced.
- The firm pointed out that the company’s Q1 results highlighted the resilience of its advanced driver-assistance systems (ADAS) business.
Berenberg Downgrades Mobileye (MBLY) to Hold Ali Ahmed Wed, June 17, 2026 at 4:59 PM GMT+7 2 min read MBLY Mobileye Global Inc. (NASDAQ:MBLY) is one of the 10 Best Stocks to Buy Under $10. On May 21, Berenberg downgraded its rating on Mobileye Global Inc. (NASDAQ:MBLY) from Buy to Hold.
The research firm pointed to the stock’s rally since March and said that it has made the near-term risk-reward profile more balanced. Berenberg continues to have confidence in the company’s long-term autonomous driving opportunity.
However, since the stock surged more than 40% following a strong Q1 earnings beat, a newly announced $250 million share buyback, and an improved full-year outlook, Berenberg lifted its price target to $10.80 from $9.30 for Mobileye Global Inc. (NASDAQ:MBLY).