Mobileye narrows FY25 revenue view to $1.85B-$1.89B from $1.77B-$1.89B

Consensus $1.86B. Narrows FY25 adjusted operating income view to $263M-$286M from $210M-$286M. The company said, “Our updated guidance reflects a 2% increase in expected Revenue, at the midpoint, compared to the prior guidance. This is due to an increased outlook for both EyeQ and SuperVision shipments for the remainder of 2025 resulting from higher-than-expected volume in the third quarter of 2025 and increased visibility into customer orders and industry supply-demand dynamics in the fourth quarter of 2025. Investors should view the reduction in revenue in Q4 implied by the guidance as prudent balancing of supply and demand after a volatile macro-economic year with the direction to begin 2026 with lean-to-normal inventories at our customers. Our updated guidance also reflects a decrease in Operating Loss and an increase in Adjusted Operating Income, at the midpoint, of 5% and 11%, respectively, due to the typical incremental margin on higher revenue and stable expectations for operating expenses. The foregoing reflects Mobileye’s (MBLY) updated expectations for Revenue, Operating Loss and Adjusted Operating Income results for the full year 2025. This guidance incorporates our best estimates of production impacts related to current tariffs imposed on complete vehicles imported into the United States and tariffs on imported vehicle components used in US vehicle production, but assuming no further tariff developments or increases.”