New York, January 7, 2026, 05:43 EST — Premarket
Mobileye Global Inc (MBLY.O) shares rose about 5.9% to $12.18 in U.S. premarket trading on Wednesday. The driver-assistance technology maker disclosed it had agreed to buy humanoid robotics startup Mentee Robotics Ltd. for about $900 million. 1
The deal pushes Mobileye deeper into “embodied” or physical AI — systems that can perceive and act in the real world — as companies hunt for the next large market beyond software. Interest in humanoid robots has intensified as manufacturers look for flexible automation in warehouses and factories, and as rivals such as Tesla and private startups including Figure AI and Agility Robotics develop their own platforms. 2
The move also lands as Mobileye tries to rebuild confidence after a bruising 2025, when its shares nearly halved. This week the company said a top-10 U.S. automaker chose its EyeQ6H-based Surround ADAS — advanced driver-assistance systems that support features such as hands-free highway driving — lifting Mobileye’s projected future deliveries to more than 19 million systems. 3
Mobileye said the Mentee acquisition will be paid with about $612 million in cash and up to roughly 26.2 million Mobileye shares, and it expects the deal to close in the first quarter of 2026. “Today marks a new chapter for robotics and automotive AI, and the beginning of Mobileye 3.0,” CEO Amnon Shashua said, while Mentee CEO Lior Wolf said, “Joining forces with Mobileye gives us access to unparalleled AI infrastructure and commercialization expertise.” 4
In the automaker award announced on Monday, Mobileye said the unnamed U.S. customer will make Surround ADAS standard across mainstream and premium models and will account for about 9 million of the more than 19 million EyeQ6H-based systems it now expects to deliver in the future, alongside programs tied to Volkswagen Group. “This selection of Mobileye Surround ADAS by one of the world’s great automakers reflects the power of our approach to democratizing safety and technology,” Shashua said. 5
On the Street, Barclays analyst Dan Levy upgraded Mobileye to “Overweight” from “Equal-Weight” and cut the bank’s price target to $16 from $17, a report by GuruFocus showed. Several firms have trimmed targets in recent months, leaving investors focused on whether Mobileye can convert new design wins into higher volumes and steadier margins. 6
But the robotics push is unlikely to be an immediate revenue fix: Mobileye’s own timeline points to customer proof-of-concept deployments this year and commercialization later in the decade, while the acquisition adds integration and execution risk at a time the company is still working through automotive demand swings.
