Autonomous Driving Player Mobileye Stock Drops Despite Raising Outlook, Margin Growth

Mobileye Global (NASDAQ: MBLY) stock gained in the premarket session on Thursday after it reported its fiscal second-quarter 2025 results. Soon, the stock gave up all gains and fell 6%.

The Intel (NASDAQ:INTC) spinoff autonomous firm reported a quarterly revenue growth of 15% year-on-year to $506.00 million, beating the analyst consensus estimate of $463.26 million. 

A 28% increase in EyeQ volumes, resulting from higher customer demand and the normalization of excess inventory by the company’s Tier 1 customers previously used to satisfy demand during 2024, partially offset by lower SuperVision volumes on a Y/Y basis.

Adjusted EPS of 13 cents topped the analyst consensus estimate of 9 cents. 

Also Read: Mobileye Just Locked In A New Automaker, And It’s For Hands-Off Driving At Highway Speeds

EyeQ and SuperVision revenue was $481 ...