Mobileye raises annual revenue forecast

Mobileye Global

24/07/2025 12:04

July 24 (Reuters) - Self-driving technology firm Mobileye Global MBLY.O raised its forecast for fiscal 2025 revenue on Thursday, anticipating a rise in orders for its autonomous driving chips as customers clear existing inventory.

The company now expects annual revenue between $1.77 billion and $1.89 billion, compared with its previous forecast of $1.69 billion to $1.81 billion.

 (Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)

 ((Zaheer.Kachwala@thomsonreuters.com;))