# Mobileye Global market and financial performance > Developing situation record from CLSTR: https://clstr.news/situations/mobileye-global-market-and-financial-performance > Updated: 2026-10-29T11:53:57.000Z. Sources: 4. Developments: 2. Mobileye Global shares experienced a 5% decline amid a broader trend of significant losses for the year, contributing to a divergence in market performance between chip-based and software-based automotive technology providers. Despite this stock decline, the company reported third-quarter revenue of $492 million, which surpassed Wall Street consensus estimates of approximately $477 million. This revenue represented a 2.4% decline compared to the same quarter in 2025. Mobileye reported an adjusted earnings per share of $0.11, meeting analyst forecasts, and an adjusted operating income of $89 million. The company raised its full-year revenue guidance to a midpoint of approximately $2.01 billion. Additionally, EyeQ shipment volumes for the first nine months of 2026 increased by 11% compared to 2025, outperforming a global automotive production decline of roughly 1%. However, market uncertainty persists regarding leadership following founder and CEO Amnon Shashua’s announcement that he plans to step down. ## Timeline ### 2026-10-29: Mobileye beats Q3 revenue expectations despite year-on-year decline Mobileye reported Q3 revenue of $492 million, beating estimates despite a 2.4% year-on-year decline. The company raised its annual guidance amid uncertainty over a successor for CEO Amnon Shashua. 2 sources. https://clstr.news/cluster/mobileye-beats-q3-revenue-expectations-despite-year-on-year-decline ### 2026-10-23: Automotive technology stocks show divergent market performance Mobileye shares fell 5% while BlackBerry rose 3%, as investors weigh different automotive tech models. General Motors also announced a $20 billion share buyback following strong quarterly revenue. 2 sources. https://clstr.news/cluster/automotive-technology-stocks-show-divergent-market-performance --- Cite as: Mobileye Global market and financial performance. CLSTR, https://clstr.news/situations/mobileye-global-market-and-financial-performance