We recently published a list of Traders Heavily Sold Down These 10 Stocks on Thursday. In this article, we are going to take a look at where Mobileye Global Inc. (NASDAQ:MBLY) stands against other stocks that traders heavily sold down on Thursday.

The stock market wiped away earlier gains, ending Thursday’s trading in another bloodbath session, as investors sold off positions amid President Donald Trump’s announcement that he had actually raised tariffs on Chinese goods to 145 percent.

The Nasdaq was battered the most among all major indices, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.

Meanwhile, 10 companies were heavily sold down on Thursday, recording double-digit losses as investors parked funds to minimize risks from the ongoing uncertainties. In this article, we have listed Thursday’s 10 worst performers and detailed the reasons behind their drop.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.Why Mobileye Global Inc. (MBLY) Went Down On Thursday?

A driverless vehicle navigating city traffic, equipped with ADAS and safety features.

Mobileye Global Inc. (NASDAQ:MBLY)

Mobileye Global dropped its share prices by 12.81 percent on Thursday to close at $13.20 each as investors began booking profits while also digesting the company’s downgraded ratings from two investment firms.

On Thursday, UBS reduced its price target for MBLY to $14 from $17 previously while maintaining a Neutral rating on its shares.

According to UBS, the adjustment took into account the company’s potential risks and impact from the global trade war that would likely raise vehicle manufacturing costs and lead to lower demand.

Meanwhile, Goldman Sachs lowered its price target for MBLY to $17 from $20 but maintained a Buy rating on the shares.

Goldman said its revision reflected a broader assessment of the auto industry’s outlook and financial estimates, particularly the difficulty for the automotive sector to pass on tariff costs to the consumers amid the ongoing market challenges.

Overall, MBLY ranks 8th on our list of stocks that traders heavily sold down on Thursday. While we acknowledge the potential of MBLY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MBLY but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.

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