Mobileye Global Inc: Creating Robotaxi unit

研报英文原文证据摘录

Mobileye Global Inc: Creating Robotaxi unit

Global Research

16 June 2026ab

First Read

EquitiesMobileye Global Inc

Creating Robotaxi unit United States

Auto Parts

12-month rating Neutral *

What's new? Mobileye announced that it will expand its robotaxi arm and create its

own AV ride-hailing unit. The initiative is slated to launch in a US city beginning in 2027 12m price target US$10.00

with an initial fleet size of ~100 (with safety drivers). The OEM partner(s) is unclear at

this time, but company indicated multiple OEMs have an "AV-ready vehicle platform",

Price (15 Jun 2026) US$9.53which can be upfit with Mobileye Drive. Post validation of the initial fleet, Mobileye then

expects to scale their fleet to ~17k vehicles through 2032, which considers expansion to RIC: MBLY.O BBG: MBLY US

multiple cities and geographies. Logistics support will be provided by a partner, and fleet

Trading data and key metrics

intelligence and other customer-facing aspects will be powered by Mobileye's subsidiary

Moovit. Importantly, the company will maintain its efforts to supply AV technology to 52-wk range US$19.08-6.56

current and future customers and develop both businesses in parallel. Market cap. US$7.79b

Shares o/s 817m (COM)

Free float 89%

Our thoughts: This is something we have wondered (and repeatedly have asked the

company) whether they can do. For what it’s worth, on the last quarterly call in response Avg. daily volume ('000) 6,508

to our question, the company indicated that "nothing prevents [them] to pursue the Avg. daily value (m) US$56.3

right business direction". We don’t expect the initial phase to meaningfully impact the Common s/h equity (12/26E) US$8.08b

numbers (R&D is leverageable with existing roadmap). Initial capex for the cars could be P/BV (12/26E) 1.0x