2. Mobileye Global Inc. (NASDAQ:MBLY)
Number of Hedge Fund Holders: 37
Upside Potential: 240.10%
Given its significant hedge fund backing and attractive upside potential, Mobileye Global Inc. (NASDAQ:MBLY) is one of the most promising robotics stocks.
Mobileye Global Inc. (NASDAQ:MBLY) is expanding beyond supplying autonomous driving technology to operating its own robotaxi service.
On June 16, 2026, Mobileye Global Inc. (NASDAQ:MBLY) announced plans to launch its own ride-hailing service in the United States, putting the company in direct competition with some of its own customers, including Waymo, Zoox, and Tesla. The company plans to deploy roughly 100 robotaxis in a major U.S. city in 2027, with ambitions to scale that fleet to approximately 17,000 vehicles over the following five years. Mobileye Global said the initiative will combine Mobileye Drive, its self-driving system, with the digital infrastructure of its Moovit subsidiary, which provides urban mobility data, trip-planning tools, and a global passenger network. The company added that the move does not alter its supply commitments to existing customers.
Parth Talsania, CEO of Equisights Research, stated:
“The pressure point is whether Mobileye can keep data boundaries, customer economics and engineering focus clearly separated.”
That announcement was followed on June 22, 2026, by Innoviz Technologies, highlighting its role as a LiDAR supplier for the Mobileye Drive platform. Mobileye Global Inc. (NASDAQ:MBLY)’s Drive configuration integrates nine InnovizTwo LiDARs per vehicle, covering long-range and short-to-mid-range sensing for full 360-degree coverage, representing a potential opportunity of more than 150,000 units as the fleet scales.
The recent analyst call, however, was cautious. Last month, Jefferies analyst Vanessa Jeffriess initiated coverage of Mobileye Global Inc. (NASDAQ:MBLY) with an “Underperform” rating and an $8 price target, arguing that the company’s growth from the shift to higher-autonomy systems is already reflected in consensus estimates, and that its medium- to long-term outlook depends on highly uncertain outcomes.
Mobileye Global Inc. (NASDAQ:MBLY) develops advanced driver assistance systems (ADAS) and autonomous driving (AV) technologies. It delivers end-to-end solutions comprising Base ADAS, Cloud-Enhanced ADAS, and Surround ADAS. It also offers safety features, including collision warning, lane departure warnings, headway monitoring, speed limit indicator, blind spot detection, and more. At the start of this year, the company expanded into the robotics space, announcing the acquisition of Mentee Robotics Ltd., an AI-first humanoid robotics company with a third-generation, vertically integrated humanoid robot.
