The company said it expects full-year 2026 revenue of between $1.90 billion and $1.98 billion, falling short of analysts’ consensus estimate of $2 billion, according to data compiled by LSEG.
Mobileye’s outlook highlights the broader challenges facing the autonomous driving sector as automakers scale back or delay electric-vehicle output amid softer consumer demand, pricing pressures, and tighter capital spending. These conditions have reduced near-term orders for advanced driver-assistance systems, a key growth driver for the company.
The cautious forecast underscores ongoing uncertainty in the EV market, even as automakers continue to invest in long-term autonomous and safety technologies.