** Shares of autonomous driving tech firm Mobileye MBLY.O up 2.4% to $15.18 on Fri after hedge fund Point72 disclosed 5% passive stake
** Point72 Asset Management, founded by Steve Cohen, owns ~5.1 mln shares as of Mar 5, according to regulatory filing late Thurs
** In wide-ranging interview in late Jan, Cohen spoke about his recent decision to stop trading at the firm, and said artificial intelligence outlook is more positive after China's launch of DeepSeek
** Last month, ride-hailing firm Lyft LYFT.O said it plans to roll out robotaxis, powered by MBLY's tech "as soon as 2026"
** Israeli-based MBLY, majority owned by Intel INTC.O, in Jan forecasted annual rev below Wall Street analysts' expectations on persistent China weakness
** Despite move higher on the session, MBLY shares down ~24% YTD and have shed roughly half their value over the past 12 months
** Of 28 analysts covering the stock, recommendation breakdown is 15 "strong buy" or "buy", 11 "hold" and 2 "sell"; median PT of $19 unchanged from three months ago, per LSEG
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.