Mobileye: Putting 2024 In The Rearview Mirror
- Market conditions in China remain challenging, but Mobileye's competitive positioning outside China remains strong.
- Regulatory tailwinds in Europe should provide Mobileye's ADAS business with a boost in the coming years.
- Upside will be driven by SuperVision, Chauffeur, and Drive, with design wins needed in the coming quarters.
- Even a modest amount of success with more advanced products should result in strong returns for shareholders due to Mobileye's current valuation.
Hiroshi Watanabe
Mobileye's (NASDAQ:MBLY) share price has rebounded somewhat in recent weeks on the back of Q3 results that demonstrated further sequential growth. While Mobileye is still navigating a challenging period, wrought by delayed adoption of more advanced solutions and
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