The more notified launch of this week of Robotaxi service in Tesla in Austin, Texas has raised the entire autonomous driving sector. One of the main beneficiaries of all hype is the Advanced Helps to Drive Israel (Adas) company Mobileey Global Inc. .
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Oppenheimer Israel Investment Researcher Omri Efroni says, “The major automakers have not been able to develop the technology themselves, so they are collaborating with mobileye, and it benefits from this dynam. Tesla is very advanced and has a huge competitive advantage, and on the other hand, China has Lenient regulation that also hurts western manufacturers, and their solution for both factors is to work with Mobileye and not developing them themselves. They will not buy technology from Tesla, which is a direct rival, which is a supplier of systems and not a competitor. “
Now, he said, market expects Mobileyee to present many contracts to major automakers, including Mercedes and GM, for example. MobileLyyye has already worked with some manufacturers of other products, and the market expects more.
According to Yahoo’s finance, the average target price for mobileeye parts is about $ 19, a premium of 5.9%. MobileLyyye makes Wall Street IPO two and a half years ago at a price of $ 21 per share, with the lowest IPO price despite the most recent increase.
Published in Globes, Israel News in News – en.globes.co.il – On June 26, 2025.
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