Mobileye Global Forecasts Annual Revenue Below Estimates as Tariffs and EV Slowdown Impact Demand

Mobileye Global issued a lower revenue forecast for 2026 as automakers reduce production. The company cited U.S. tariffs and a pullback in electric vehicles.

Insights:
Mobileye Global Inc. forecast annual revenue for 2026 below Wall Street expectations on January 22, 2026. The Israel ILILbased company, which is owned by Intel Corporation , expects its revenue for the year to fall between $1.90 billion and $1.98 billion. This guidance is lower than the $2.0 billion consensus estimate previously set by analysts. Following the announcement, shares of Mobileye Global Inc.dropped 5% as market participants weighed the impact of demand deterioration in the automotive semiconductor sector.
FILE PHOTO: The Mobileye logo is seen near a computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The Mobileye logo is seen near a computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
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