Mobileye Global is trading 4.04% down now at $7.00 after RBC Capital Markets downgraded its rating from Sector Perform to Underperform on October 21, 2026.
- RBC cut its price target from $7 to $5.
- RBC cited risks to the driver-assistance business from automakers shifting toward centralized computing, dependence on Volkswagen for premium products, and a lack of new wins for advanced systems.
- The broader market was mixed, rather than moving sharply in the same direction.