Mobileye beats Q1 earnings estimates, raises 2026 revenue and profit outlook, shares jump nearly 10%.

Mobileye reported better-than-expected Q1 2026 results with adjusted EPS of $0.12 versus $0.09 estimated and revenue of $558 million, up 27% year-over-year. The company raised its full-year 2026 revenue guidance midpoint by 2% and adjusted operating income guidance by 8%, citing strong demand and higher shipments of its EyeQ chips. CEO Amnon Shashua highlighted ongoing growth in advanced driver-assistance systems and autonomous driving projects with partners like Volkswagen and Mahindra. Mobileye also announced a $250 million share buyback program to offset dilution from stock-based compensation and acquisitions.