Mobileye Global Inc (NASDAQ:MBLY) delivered acceptable FY24 Q4 results (using Non-GAAP metrics), but forward guidance disappointed. Uncertainty around two OEM deals, combined with macroeconomic pressures and inherent slow OEM decision-making, pushes hopes of significant revenue growth to 2027, though modest growth is still expected in 2025 as noted in guidance.
This remains a high-risk, high-reward (YOLO) play—heavily shorted but backed by strong technology and a capable management team. However, serious challenges lie ahead, many beyond their control. For more details, key highlights, and commentary, check out the high-level earnings summary.
