Mobileye reported Q2 2026 revenue of $508 million, exceeding LSEG analyst expectations of $481 million, with an adjusted EPS of $0.19 against a $0.06 consensus. However, the company's weak third-quarter revenue guidance led to a nearly 15% stock decline on July 23rd.
So What
Mobileye's Q3 guidance cut suggests a near-term slowdown in autonomous driving adoption or revenue conversion, despite strong Q2 performance.