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华尔街日报Mobileye Stock Soars On New Deal To Power Hands-Free Driving At Scale
Mobileye Global Inc. (NASDAQ:MBLY) stock rose on Monday after the company announced that a U.S.-based automaker has selected the Mobileye EyeQ6H to enable advanced driver assistance systems with hands-free driving capabilities on select highways across millions of vehicles worldwide.
Details
The new customer will equip many mainstream and premium models with Surround ADAS as standard in software-defined vehicle architectures.
Compared with first-generation hands-free, eyes-on highway ADAS, Mobileye Surround ADAS reduces costs and enables ECU consolidation by integrating multiple driving functions and software on a single chip and ECU, which is a critical capability for software-defined vehicles.
Strong Demand Boosts Expectations
The agreement highlights rising global demand for Mobileye Surround ADAS systems.
Mobileye now expects to deliver over 19 million EyeQ6H-based Surround systems, including 9 million from the newly announced automaker, in addition to Volkswagen Group programs announced in March 2025.
With rising regulatory standards and growing demand for hands-free driving, Mobileye expects Surround ADAS to become the next-generation mainstream ADAS and standard on many European and U.S. models.
Recent Earnings
In October, the company reported third-quarter revenue growth of 4% year-on-year to $504.00 million, beating the analyst consensus estimate of $480.86 million.
An 8% increase in EyeQ volumes, resulting from higher customer demand, partially offset by lower SuperVision volumes on a year-over-year basis.
Mobileye raised fiscal 2025 revenue guidance to $1.845 billion-$1.885 billion (up from prior guidance of $1.765 billion- $1.885 billion) versus the $1.847 billion analyst consensus estimate.
MBLY Price Action: Mobileye Global shares were up 8.28% at $12.16 during premarket trading on Monday, according to Benzinga Pro data.
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