Ambarella (AMBA) Tops Q3 EPS by 14c
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December 5, 2014 10:26 AM EST
Imperial Capital analyst Ashok Kumar reiterated an Outperform rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $60.00 (from $42.00) following strong Q3 results.
Kumar commented, "Our price target is about 8% above the recent share price.... More
December 5, 2014 9:15 AM EST
Piper Jaffray analyst Sean Naughton weighed in on GoPro (NASDAQ: GPRO), saying Ambarella's (NASDAQ: AMBA) results and guidance after the close bodes well for GoPro's revenues.
Naughton commented, "Ambarella, a key supplier of video compression and image processing... More
December 5, 2014 9:11 AM EST
Dougherty & Co downgraded Ambarella (NASDAQ: AMBA) from Buy to Neutral.
For an analyst ratings summary and ratings history on Ambarella click here. For more ratings news on Ambarella click here.
Shares of Ambarella closed at $55.63 yesterday.
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December 5, 2014 8:07 AM EST
Chardan Capital Markets downgraded Ambarella (NASDAQ: AMBA) from Neutral to Sell with a price target of $40.00 (from $35.00).
Analyst Jay Srivatsa commented, "While we are impressed with Q3:15 results and Q4:15 guidance, we believe that the slower growth rate and lower gross margin... More
December 4, 2014 4:08 PM EST
Traders watching GoPro (NASDAQ: GPRO) following Ambarella (NASDAQ: AMBA) earnings print, which beat the Street.
Ambarella (NASDAQ: AMBA) reported Q3 EPS of $0.68, $0.14 better than the analyst estimate of $0.54. Revenue for the quarter came in at $65.7 million versus the consensus estimate of $62.5 million
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