Even after announcing the end of its partnership to develop the Autopilot system with Tesla Motors (TSLA), 2014 IPO Mobileye (MBLY) is in the driver's seat when it comes to the technology behind semi-autonomous and fully-autonomous cars. But rivals have also been revving up.
According to the Israel-based company, Mobileye's technology is already -- or will soon be -- integrated into car models of 25 global automakers.
As a leading provider of Advanced Driver Assistance Systems (ADAS), Mobileye has also formed strategic partnerships with BMW (BMWYY) and Intel (INTC), as well as with Volkswagen(VLKAY), to make automated driving part of everyday life.
Mobileye has averaged 102% EPS growth over the last three quarters, as well as strong three-year annual growth rates for both earnings (92%) and sales (73%). But both earnings and revenue have grown at a slowing pace for three straight quarters, so look for that trend to turn around.
Within the Auto/Truck-Original Equipment group, Mobileye earns the No. 1 ranking for its Composite Rating (95), EPS Rating (99) and SMR Rating (A), which tracks sales growth, profit margins (51.8%) and return on equity (24.9%) as a whole.
But Mobileye faces strong and rising competition for ADAS technology from several firms, including Nvidia (NVDA), Texas Instruments (TXN) and Japan's Renesas Electronics, which is reported to be in the final stages of a $3 billion acquisition of chipmaker Intersil (ISIL).
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