Ambarella (AMBA) Tops Q4 EPS by 19c

Ambarella (AMBA) PT, Estimates Lifted at Canaccord Genuity on 'Very Strong' Q4

Canaccord Genuity analyst Matt Ramsay reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $74.00 (from $66.00) following " very strong" Q4/F'15 results, materially beating our and Street expectations for revenue, margins, and EPS.

Ramsay commented, " In addition,... More

Ambarella (AMBA) Price Target Raised to Street High of $80 at FBN

FBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target to a Street High of $80.00 (prior $70.00). Analyst Shebly Seyrafi called its Q4 a "blowout quarter."

Seyrafi thinks the company will benefit from continued strong ramp of GoPro (NASDAQ: GPRO) HERO4 sales and benefit incrementally from a new win with Xiaomi. Separately, he doesn't think... More

GoPro (GPRO) Trades Higher in Concert with Ambarella (AMBA)

GoPro (NASDAQ: GPRO) traded higher pre-market Wednesday gaining 2% in sympathy with Ambarella (NASDAQ: AMBA), which is poised to open higher by 6%. Ambarella advanced after reporting strong Q4 results and guidance.

Ambarella (AMBA) Price Target Raised to $64 at Deutsche Bank

Deutsche Bank maintained a Hold rating on Ambarella (NASDAQ: AMBA) and raised its price target to $64.00 (from $50.00). Analyst Ross Seymore noted solid Q4 results and guidance, but he views shares a fairly valued and is waiting for a better entry point.

"AMBA yet again delivered another beat-and-raise in F4Q on strength in wearable/sports and... More

Ambarella (AMBA) PT Lifted to $72 at Ascendiant Capital on 'Beat and Raise'

Ascendiant Capital analyst David Williams reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $72.00 (from $65.00) following another solid beat and raise quarter with upside to both revenue and EPS estimates.

Williams commented, "Revenue of $64.7M handily beat the $59.4M consensus forecast while EPS of $0.68 compares to the... More

Ambarella (AMBA) Approves Annual Bonus Plan for Certain Exec. Officers

Ambarella (Nasdaq: AMBA) disclosed the following in a U.S. SEC filing Monday night:

On February 25, 2015, the Board of Directors of Ambarella, Inc. (the Company) approved a Fiscal Year 2016 Annual Bonus Plan covering executive officers Feng-Ming Wang, George Laplante, Les Kohn, Christopher Day and Yun-Lung Chen. The target... More

Trading Radar for 3/3: AutoZone (AZO), TiVo (TIVO), Smith & Wesson (SWHC), Veeva Systems (VEEV) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

AutoZone (NYSE: AZO) - consensus EPS $6.38
Breitburn Energy Partners (Nasdaq: BBEP) - consensus EPS $0.13
Career Education (Nasdaq: CECO) - consensus loss $0.30
Global Ship Lease (NYSE:... More