Mobileye surges after raising annual revenue forecast, quarterly earnings beat

Mobileye Global

23/04/2026 12:33

** Self-driving tech firm Mobileye Global MBLY.O shares rise 12.7% to $8.90 premarket

** Co raises annual rev forecast to between $1.94 bln and $2.02 bln, from prev guidance of rev between $1.90 bln and $1.98 bln

** Q1 revenue rises 27% to $558 mln, beating analysts' avg. estimate of $515.6 mln - data compiled by LSEG

** Up to last close, stock has fallen 24.3% YTD

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))