Mobileye Global Inc. (NASDAQ:MBLY) is one of the 12 best mid cap AI stocks to buy according to hedge funds. Needham analyst Quinn Bolton maintains a Buy rating on MBLY with a price target of $16, suggesting a 65% rally from the current stock price. Mobileye secured a deal with Mahindra & Mahindra to provide driver assistance systems using its EyeQ6 High system-on-chip and cameras. Mobileye’s CEO sees this as a strategic move to strengthen the company’s investment in India’s ADAS localization. The company develops computer vision and machine learning technologies for ADAS and autonomous driving solutions. While MBLY has potential, other AI stocks may offer greater upside. See the free report for an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trend.

Read more at Yahoo Finance: Needham Analysts Stay Bullish On Mobileye Global (MBLY)