8 Best Auto Parts Stocks According to Hedge Funds

2. Mobileye Global (NASDAQ:MBLY)

Number of Hedge Fund Holders: 43

Mobileye Global (NASDAQ:MBLY) is one of the best Auto Parts stocks according to Hedge Funds.

On January 23, George Gianarikas from Canaccord Genuity reaffirmed his Buy rating for Mobileye Global (NASDAQ:MBLY). Although the analyst revised his price target estimate from $30 to $24, it still results in a lucrative upside potential of almost 159%.

Gianarikas did highlight certain areas that led to reservations regarding the company’s long-term earnings potential. These include a cycle of guidance cuts and perceived halts on next-generation OEM partnerships. Despite these issues, the analyst has a favorable outlook on the stock.

On January 23, Raymond James analyst Brian Gesuale maintained his Outperform rating on Mobileye Global (NASDAQ:MBLY) after the company announced its fourth-quarter results. He set a price target of $16, which yields an upside potential of almost 73%.

The company registered $446 million in revenues, which was an outperformance relative to expectations. It shipped 8.3 million systems at an average unit price of $50.80, yielding benefits from SuperVision products within the overall mix. Management has dubbed 2026 a transition year, and Raymond James expects some catalysts to emerge during the later stages of 2026.

Mobileye Global (NASDAQ:MBLY) develops advanced driver assistance systems (ADAS) and autonomous driving technologies (AV). 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.