Analysts Have Just Cut Their Mobileye Global Inc. (NASDAQ:MBLY) Revenue Estimates By 10%

Today is shaping up negative for Mobileye Global Inc. (NASDAQ:MBLY) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. There was a fairly draconian cut to their revenue estimates, perhaps an implicit admission that previous forecasts were much too optimistic.

Following the downgrade, the latest consensus from Mobileye Global's 25 analysts is for revenues of US$1.8b in 2025, which would reflect a credible 6.5% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing US$2.0b of revenue in 2025. It looks like forecasts have become a fair bit less optimistic on Mobileye Global, given the substantial drop in revenue estimates.

See our latest analysis for Mobileye Global

There was no particular change to the consensus price target of US$19.97, with Mobileye Global's latest outlook seemingly not enough to result in a change of valuation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Mobileye Global's revenue growth is expected to slow, with the forecast 6.5% annualised growth rate until the end of 2025 being well below the historical 13% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 8.7% annually. Factoring in the forecast slowdown in growth, it seems obvious that Mobileye Global is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that analysts cut their revenue estimates for this year. They're also anticipating slower revenue growth than the wider market. Given the stark change in sentiment, we'd understand if investors became more cautious on Mobileye Global after today.

Still got questions? We have estimates for Mobileye Global from its 25 analysts out until 2027, and you can see them free on our platform here.

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