Mobileye Global is trading $9.30 (+4.26%) after Berenberg upgraded the stock from Hold to Buy on August 17, 2026, and raised its price target to $11.00 from $10.80.
- The firm said shares had overcorrected after the CEO transition and were mispricing medium-term growth prospects.
- Berenberg cited potential L2/L2+ awards, SuperVision adoption, and robotaxi launches.
- The broader market was modestly supportive, with Nasdaq futures up 0.50%.