Mobileye shifts from ADAS to robotaxi and robotics, with major growth expected in 2027

Mobileye Global Inc. is evolving from primarily an Advanced Driver Assistance Systems (ADAS) provider to focusing on robotaxi services and humanoid robotics. Currently valued at around $8 billion, this reflects mainly its legacy ADAS business. The company is investing heavily in research and development, leading to negative operating margins and limited growth catalysts until 2027. Significant new revenue streams and partnerships, including those with Volkswagen and Mentee Robotics, are expected to emerge starting in 2027, potentially shifting Mobileye's business model toward recurring revenue. Analysts recommend holding shares until these developments materialize.