Mobility Global (NYSE:MBGL) Issues Quarterly Earnings Results

Mobility Global (NYSE:MBGL) posted its earnings results on Friday. The company reported $0.18 EPS for the quarter, Zacks reports. The business had revenue of $468.00 million during the quarter.

Here are the key takeaways from Mobility Global’s conference call:

• Revenue growth fell short of expectations: Second-quarter organic revenue grew approximately 7%, with B2B growth slowing to 4% and softer international automotive activity weighing on transactional revenue.
• Mobility Global lowered its full-year 2026 revenue guidance to $1.87 billion–$1.885 billion, or 6.9%–7.7% growth, and expects adjusted EBITDA of $745 million–$760 million with roughly a 40% midpoint margin.
• Profitability remained strong: Second-quarter adjusted EBITDA rose 7% to $202 million, while the adjusted EBITDA margin expanded 40 basis points to 43.2% as the company managed costs and funded growth investments.
• The company launched CARFAX Homegrown, CARFAX Showroom, automotiveMastermind SMS offers, and CARFAX Germany, which management expects to improve dealer monetization, product adoption, and international expansion.
• Mobility Global announced its first quarterly dividend of $0.06 per share and highlighted opportunities from integrating its five businesses, including shared CARFAX and automotiveMastermind data, AI deployment, and faster expansion into new markets.

Mobility Global Stock Performance

Mobility Global stock traded down $1.03 during midday trading on Friday, reaching $19.70. 10,921,215 shares of the stock traded hands, compared to its average volume of 4,522,483. Mobility Global has a 12-month low of $17.67 and a 12-month high of $26.00.

Mobility Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 27th.

Wall Street Analyst Weigh In

MBGL has been the subject of a number of research analyst reports. Wall Street Zen upgraded Mobility Global to a “hold” rating in a report on Saturday, July 18th. Wells Fargo & Company decreased their target price on shares of Mobility Global from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday. Wolfe Research raised shares of Mobility Global to a “strong-buy” rating in a research note on Monday, July 20th. Zacks Research upgraded shares of Mobility Global to a “hold” rating in a research report on Thursday, July 30th. Finally, UBS Group set a $23.00 price target on shares of Mobility Global in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.50.

About Mobility Global

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.