11:07 AM EDT, 10/06/2025 (MT Newswires) -- Mobileye Global ( MBLY ) has a favorable risk/reward setup and potential upside from upcoming announcements, possibly involving Toyota Motor ( TM ) , Deutsche Bank said in a report Monday.

Expectations appear "muted" for new design wins or progress in robotaxi development, suggesting the stock could re-rate if new partnerships materialize in the coming months, Deutsche Bank said, adding that Mobileye has consistently beaten quarterly guidance and raised its full-year outlook.

The company's base advanced driver-assistance systems business is seen as de-risked, with improved inventory management and low expectations for its SuperVision product. The company's management could be close to announcing a Surround ADAS or robotaxi collaboration with Toyota ( TM ) by year-end, the report said.

Intel ( INTC ) , Mobileye's parent, has strengthened its balance sheet through investments from the US government and Nvidia ( NVDA ) . "Therefore, we think the risk of it selling down more Mobileye shares at such depressed levels is low," Deutsche Bank said.

Deutsche Bank has upgraded Mobileye to buy from hold, and raised its price target to $19 From $16, ahead of its Q3 earnings.

Shares of Mobileye were up more than 3% in recent Monday trading.

Price: 15.20, Change: +0.53, Percent Change: +3.61