Mobility Global Inc. (MBGL) Stock Price & How to Invest

Mobility Global Inc. (NYSE: MBGL) is a pure-play automotive data and analytics company that began regular-way NYSE trading on July 1, 2026 after separating from S&P Global. Its brands span the vehicle lifecycle: CARFAX (vehicle history reports for consumers and dealers), Polk Automotive Solutions (market measurement and registration data for automakers and financial institutions), automotiveMastermind (dealer sales and marketing analytics), and Market Scan (payment and pricing data). The company describes more than 80% of revenue as subscription-based, and it is headquartered in Centreville, Virginia.

The investment picture centers on a high-margin data franchise now standing on its own. For 2025 the business reported roughly $1.75 billion in revenue, about $711 million in adjusted EBITDA, and around $461 million of free cash flow, with LTM adjusted EBITDA near $724 million as of March 2026. Investors are weighing that recurring, asset-light profile against two overhangs: the roughly $2 billion of debt loaded onto the company at separation (net leverage around 2.6x), and intensifying competition, most notably Cox Automotive properties (Kelley Blue Book, Autotrader) shifting to Experian AutoCheck in place of CARFAX.

The most cited risk is competition for CARFAX: Cox Automotive properties including Kelley Blue Book and Autotrader moved to Experian AutoCheck, which competes on price and auction data, and further partner losses could pressure CARFAX volumes. The company carries roughly $2 billion of gross debt (net leverage near 2.6x), so higher rates or slower cash flow would tighten flexibility. As a newly separated entity it lacks a standalone public track record, and spinoff share distributions often bring near-term selling from index and portfolio adjustments. Auto-sector cyclicality, used-vehicle transaction volumes, and OEM and dealer budget cycles can swing demand. Any erosion in the perceived exclusivity of its data moat would be the core long-term concern.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Mobility Global Inc.'s investor relations page or your broker.

• Revenue (2025): ~$1.75B
• Adjusted EBITDA (2025): ~$711M
• Adjusted EBITDA (LTM Mar 2026): ~$724M
• Free cash flow (2025): ~$461M
• Market cap: ~$6.6B
• Net debt / leverage: ~$1.85B (~2.6x)

At roughly $20.80 per share and about a $6.6 billion market cap, plus around $1.85 billion of net debt, enterprise value sits near $8.4 billion, or roughly 11 to 12x LTM adjusted EBITDA. That is a premium-data multiple that reflects the recurring, high-margin profile but leaves less cushion if competition slows growth. Figures are approximate and based on early post-spinoff disclosures.

There are three common ways to get MBGL exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so MBGL sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where MBGL fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

Mobility Global is an asset-light, subscription-heavy automotive data company with strong margins and free cash flow, but a fresh spinoff, leverage near 2.6x, and a real CARFAX competitive threat are the swing factors.

Whether MBGL is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is MBGL a buy?, and where the stock could go from here in the MBGL stock forecast.

For income investors, whether MBGL pays a dividend and how the payout looks is covered in does MBGL pay a dividend?