Innoviz Partners with Mobileye for Robotaxi Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 22 2026
0mins
Source: PRnewswire
- Significant Market Opportunity: Innoviz anticipates supplying over 150,000 LiDAR units for the Mobileye Drive™ program, highlighting its strong market potential in the autonomous driving sector and significantly enhancing its competitive edge in the future smart transportation market.
- Vehicle Deployment Plans: Mobileye aims to launch approximately 100 autonomous taxis in 2027, scaling to 17,000 vehicles over the next five years, which presents substantial revenue growth opportunities for Innoviz.
- Technological Integration Advantage: The Mobileye Drive™ platform will integrate nine InnovizTwo LiDARs, providing comprehensive 360-degree coverage to ensure safe and reliable operation in complex urban environments, further solidifying Innoviz's leadership in the high-performance LiDAR sensor market.
- Strategic Partnership Outlook: Mobileye's decision to directly own the robotaxi service reflects confidence in Innoviz's technology, indicating deep collaboration potential in the future of autonomous driving and smart transportation, which could drive long-term growth for both companies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MBLY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MBLY
Wall Street analysts forecast MBLY stock price to rise
18 Analyst Rating
9 Buy
9 Hold
0 Sell
Moderate Buy
Current: 10.000
Low
12.00
Averages
17.59
High
30.00
Current: 10.000
Low
12.00
Averages
17.59
High
30.00
About MBLY
Mobileye Global Inc. is engaged in the development and deployment of advanced driver-assistance systems (ADAS) and autonomous driving technologies and solutions. The Company's portfolio of solutions is built upon a comprehensive suite of purpose-built software and hardware technologies designed to provide the capabilities needed to make the future of ADAS and autonomous driving a reality. These technologies can be harnessed to deliver mission-critical capabilities at the edge and in the cloud, advancing the safety of road users, and revolutionizing the driving experience and the movement of people and goods globally. The Company offers an advanced set of solutions, including Mobileye Surround ADAS, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive. These solutions are propelled by its EyeQ6 SoC and subsequent EyeQ generations, its next-generation software solutions, and its software-defined imaging radars.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Innoviz Partners with Mobileye for Robotaxi Launch
- Significant Market Opportunity: Innoviz anticipates supplying over 150,000 LiDAR units for the Mobileye Drive™ program, highlighting its strong market potential in the autonomous driving sector and significantly enhancing its competitive edge in the future smart transportation market.
- Vehicle Deployment Plans: Mobileye aims to launch approximately 100 autonomous taxis in 2027, scaling to 17,000 vehicles over the next five years, which presents substantial revenue growth opportunities for Innoviz.
- Technological Integration Advantage: The Mobileye Drive™ platform will integrate nine InnovizTwo LiDARs, providing comprehensive 360-degree coverage to ensure safe and reliable operation in complex urban environments, further solidifying Innoviz's leadership in the high-performance LiDAR sensor market.
- Strategic Partnership Outlook: Mobileye's decision to directly own the robotaxi service reflects confidence in Innoviz's technology, indicating deep collaboration potential in the future of autonomous driving and smart transportation, which could drive long-term growth for both companies.
See More
Uber and WeRide Launch Robotaxi Services in Zurich
- Robotaxi Service Launch: Uber and Chinese autonomous driving provider WeRide are set to launch driverless taxi services in the Greater Zurich Region, allowing users to book rides via the Uber app upon regulatory approval, marking a significant expansion in Uber's autonomous driving initiatives.
- Global Collaboration Exploration: Uber, Stellantis, and Wayve have signed a memorandum of understanding to jointly explore opportunities for developing and deploying Level 4 robotaxis globally, leveraging their respective technological strengths to enhance market competitiveness.
- Intensifying Market Competition: With leaders like Waymo and Baidu's Apollo Go dominating the robotaxi market, the entry of new players such as Tesla and Mobileye intensifies competition, prompting Uber to accelerate its technological advancements to maintain market share.
- Investor Sentiment Shift: Despite a slight premarket uptick in Uber's stock, the share price has fallen over 10% this year, leading retail investors to shift their sentiment from 'bullish' to 'neutral', reflecting a cautious outlook on the company's future developments.
See More
Mixed US Stock Market with Energy Stocks Under Pressure
- Market Divergence: The S&P 500 Index fell by 0.18% and the Nasdaq 100 Index dropped by 0.83%, while the Dow Jones Industrial Average rose by 0.69% to a new all-time high, indicating a divergence in market performance, particularly as energy stocks are pressured by plunging crude oil prices.
- Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, significantly below the expected 1.430 million, while building permits also declined slightly, reflecting weakness in the real estate market that could negatively impact overall economic growth.
- Oil Price Impact on Sentiment: WTI crude oil prices dropped over 3% to a 3.25-month low due to the US-Iran agreement to reopen the Strait of Hormuz, which has eased inflation expectations; while this provides short-term support for stocks, the long-term effects remain to be seen.
- Fed Meeting Focus: The market is turning its attention to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be crucial, as investors will look for insights on future inflation outlook and policy direction.
See More
Rackspace Partners with AMD for 30MW Computing Capacity Deployment
- Rackspace and AMD Partnership: Rackspace announced a collaboration to deploy 30 megawatts of AMD computing capacity across its data centers, resulting in a 9% stock price increase for Rackspace while AMD shares fell 4%, indicating mixed market reactions to the partnership.
- Mobileye's Autonomous Ride-Hailing: Mobileye plans to launch an autonomous ride-hailing service in a U.S. city by 2027, with shares rising nearly 3%, suggesting that this new initiative could significantly enhance its market share and brand presence in the driver-assist technology sector.
- Southwest Airlines Stock Surge: Southwest Airlines shares rose almost 4% after Jefferies raised its price target from $37 to $44, although the new target still indicates a 4.5% downside from Monday's close, reflecting optimistic sentiment regarding the airline industry's recovery.
- Gildan's Stock Plunge: Gildan's stock plummeted about 24% following a negative report from Jehoshaphat Research, which claimed the company's
See More
Mixed Performance in US Stock Indices Amid Energy Sector Pressure
- Mixed Market Performance: The S&P 500 Index rose by 0.11%, the Dow Jones Industrial Average increased by 0.57%, while the Nasdaq 100 Index fell by 0.18%, indicating a complex market sentiment particularly influenced by the pressure on energy stocks due to declining oil prices.
- Oil Price Impact: WTI crude oil prices dropped over 3% to a 3.25-month low, easing inflation expectations and providing support for stocks and bonds, reflecting a cautious market outlook on future economic growth.
- Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, below the expected 1.430 million, indicating potential challenges for economic recovery stemming from a sluggish real estate market.
- FOMC Meeting Focus: Market attention shifts to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be pivotal in shaping future monetary policy directions.
See More
Mobileye to Launch Robotaxi Service in 2027
- Robotaxi Service Launch: Mobileye announced plans to deploy an initial fleet of 100 robotaxis in a major U.S. city by 2027, marking a significant step in its autonomous driving strategy and enhancing its competitive edge in the future mobility market.
- Fleet Expansion Plans: The company aims to scale its fleet to approximately 17,000 vehicles over the next five years, which will help validate its technology at scale and solidify its leadership position in the autonomous driving sector.
- Positive Stock Reaction: Following the announcement, Mobileye's shares rose about 6%, indicating strong market optimism regarding its new business model, which could provide new revenue streams and bolster investor confidence.
- Competition and Collaboration: Despite launching the robotaxi service, Mobileye remains committed to serving its existing customers, with CEO Amnon Shashua emphasizing that this initiative will complement customer relationships and further showcase the capabilities of its Mobileye Drive platform.
See More
Innoviz Partners with Mobileye for Robotaxi Launch
- Significant Market Opportunity: Innoviz anticipates supplying over 150,000 LiDAR units for the Mobileye Drive™ program, highlighting its strong market potential in the autonomous driving sector and significantly enhancing its competitive edge in the future smart transportation market.
- Vehicle Deployment Plans: Mobileye aims to launch approximately 100 autonomous taxis in 2027, scaling to 17,000 vehicles over the next five years, which presents substantial revenue growth opportunities for Innoviz.
- Technological Integration Advantage: The Mobileye Drive™ platform will integrate nine InnovizTwo LiDARs, providing comprehensive 360-degree coverage to ensure safe and reliable operation in complex urban environments, further solidifying Innoviz's leadership in the high-performance LiDAR sensor market.
- Strategic Partnership Outlook: Mobileye's decision to directly own the robotaxi service reflects confidence in Innoviz's technology, indicating deep collaboration potential in the future of autonomous driving and smart transportation, which could drive long-term growth for both companies.
See More
Uber and WeRide Launch Robotaxi Services in Zurich
- Robotaxi Service Launch: Uber and Chinese autonomous driving provider WeRide are set to launch driverless taxi services in the Greater Zurich Region, allowing users to book rides via the Uber app upon regulatory approval, marking a significant expansion in Uber's autonomous driving initiatives.
- Global Collaboration Exploration: Uber, Stellantis, and Wayve have signed a memorandum of understanding to jointly explore opportunities for developing and deploying Level 4 robotaxis globally, leveraging their respective technological strengths to enhance market competitiveness.
- Intensifying Market Competition: With leaders like Waymo and Baidu's Apollo Go dominating the robotaxi market, the entry of new players such as Tesla and Mobileye intensifies competition, prompting Uber to accelerate its technological advancements to maintain market share.
- Investor Sentiment Shift: Despite a slight premarket uptick in Uber's stock, the share price has fallen over 10% this year, leading retail investors to shift their sentiment from 'bullish' to 'neutral', reflecting a cautious outlook on the company's future developments.
See More
Mixed US Stock Market with Energy Stocks Under Pressure
- Market Divergence: The S&P 500 Index fell by 0.18% and the Nasdaq 100 Index dropped by 0.83%, while the Dow Jones Industrial Average rose by 0.69% to a new all-time high, indicating a divergence in market performance, particularly as energy stocks are pressured by plunging crude oil prices.
- Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, significantly below the expected 1.430 million, while building permits also declined slightly, reflecting weakness in the real estate market that could negatively impact overall economic growth.
- Oil Price Impact on Sentiment: WTI crude oil prices dropped over 3% to a 3.25-month low due to the US-Iran agreement to reopen the Strait of Hormuz, which has eased inflation expectations; while this provides short-term support for stocks, the long-term effects remain to be seen.
- Fed Meeting Focus: The market is turning its attention to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be crucial, as investors will look for insights on future inflation outlook and policy direction.
See More
Rackspace Partners with AMD for 30MW Computing Capacity Deployment
- Rackspace and AMD Partnership: Rackspace announced a collaboration to deploy 30 megawatts of AMD computing capacity across its data centers, resulting in a 9% stock price increase for Rackspace while AMD shares fell 4%, indicating mixed market reactions to the partnership.
- Mobileye's Autonomous Ride-Hailing: Mobileye plans to launch an autonomous ride-hailing service in a U.S. city by 2027, with shares rising nearly 3%, suggesting that this new initiative could significantly enhance its market share and brand presence in the driver-assist technology sector.
- Southwest Airlines Stock Surge: Southwest Airlines shares rose almost 4% after Jefferies raised its price target from $37 to $44, although the new target still indicates a 4.5% downside from Monday's close, reflecting optimistic sentiment regarding the airline industry's recovery.
- Gildan's Stock Plunge: Gildan's stock plummeted about 24% following a negative report from Jehoshaphat Research, which claimed the company's
See More
Mixed Performance in US Stock Indices Amid Energy Sector Pressure
- Mixed Market Performance: The S&P 500 Index rose by 0.11%, the Dow Jones Industrial Average increased by 0.57%, while the Nasdaq 100 Index fell by 0.18%, indicating a complex market sentiment particularly influenced by the pressure on energy stocks due to declining oil prices.
- Oil Price Impact: WTI crude oil prices dropped over 3% to a 3.25-month low, easing inflation expectations and providing support for stocks and bonds, reflecting a cautious market outlook on future economic growth.
- Weak Housing Data: US May housing starts fell by 15.4% month-over-month to a six-year low of 1.177 million, below the expected 1.430 million, indicating potential challenges for economic recovery stemming from a sluggish real estate market.
- FOMC Meeting Focus: Market attention shifts to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be pivotal in shaping future monetary policy directions.
See More
Mobileye to Launch Robotaxi Service in 2027
- Robotaxi Service Launch: Mobileye announced plans to deploy an initial fleet of 100 robotaxis in a major U.S. city by 2027, marking a significant step in its autonomous driving strategy and enhancing its competitive edge in the future mobility market.
- Fleet Expansion Plans: The company aims to scale its fleet to approximately 17,000 vehicles over the next five years, which will help validate its technology at scale and solidify its leadership position in the autonomous driving sector.
- Positive Stock Reaction: Following the announcement, Mobileye's shares rose about 6%, indicating strong market optimism regarding its new business model, which could provide new revenue streams and bolster investor confidence.
- Competition and Collaboration: Despite launching the robotaxi service, Mobileye remains committed to serving its existing customers, with CEO Amnon Shashua emphasizing that this initiative will complement customer relationships and further showcase the capabilities of its Mobileye Drive platform.
See More
