Mobileye Surpasses Q3 Revenue Forecasts on Strong Demand for Self-Driving Chips

Mobileye, a leader in driver-assistance and autonomous vehicle technology, announced that its third-quarter revenue hit $504 million, comfortably above analysts’ consensus view of roughly $480.9 million. The company said demand for its chips has rebounded as automakers increasingly adopt advanced driving systems.

The boost in sales follows a period of weaker performance, during which clients trimmed inventories accumulated during the pandemic peak. With that overhang clearing, Mobileye says it now sees renewed growth momentum in 2025.

Buoyed by the upside, the company has adjusted its full-year revenue expectations upward. Its new forecast for 2025 is now between $1.85 billion and $1.89 billion, revising the lower bound higher than its prior guidance. The strengthened outlook reflects confidence in sustained orders across its product lines.

Mobileye continues positioning itself for the commercial rollout of driverless robotaxis in 2026, a strategic bet that could open a new revenue frontier. It is already collaborating with partners like ride-hailing firms to test and scale autonomous services in urban settings.

Despite the strong showing, challenges remain. Export tariffs and supply chain pressures could squeeze automakers’ margins and slow investments in autonomous systems. Many of Mobileye’s clients operate in regions vulnerable to trade tensions, which may ripple back to chip demand.

Moreover, the competitive landscape is intensifying. Rivals in the automotive and technology sectors are also racing to develop modular autonomous platforms, putting pressure on differentiation and cost efficiency.