Ambarella, Inc. Announces First Quarter Fiscal 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Ambarella (AMBA) Shares Tap $100
June 4, 2015 11:42 AM EDTAmbarella (NASDAQ: AMBA) tapped all times highs at $100 per share Thursday. Gains follows strong Q1 results earlier this week.
... MoreAmbarella (AMBA) PT Raised to $115 at Canaccord Genuity
June 3, 2015 8:57 AM EDTCanaccord Genuity analyst Matthew Ramsay reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $115.00 (from $86.00) after another beat and raise quarter.
Ramsay commented, " Following another very strong set of results and guidance well above Street expectations, we... More
Ambarella (AMBA) Has Multiple Drivers, Says FBN; PT Raised to $110
June 3, 2015 8:05 AM EDTFBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target to $110.00 (from $80.00). Analyst Shebly Seyrafi described Q1 as a very strong quarter and noted drones are becoming a strong driver. He sees multiple catalysts for the stock going forward.
"AMBA has several near-term growth drivers including continued benefits... More
Ambarella (AMBA) PT Raised to $110 at Ascendiant Capital
June 3, 2015 7:49 AM EDTAscendiant Capital analyst David Williams reiterated a Buy rating and boosted his price target on Ambarella (NASDAQ: AMBA) to $110.00 (from $72.00) following another solid beat and raise quarter with upside to both revenue and EPS estimates.
Williams commented, "Revenue of $71.0M handily beat the $67.4M consensus forecast and EPS of $0.71 compared to the $0.59 Street expectation. The upside was driven by continued strength in existing... More
Needham & Company Upgrades Ambarella (AMBA) to Hold
June 3, 2015 7:32 AM EDTNeedham & Company upgraded Ambarella (NASDAQ: AMBA) from Underperform to Hold.
Analyst N. Quinn Bolton commented, "AMBA reported stronger than expected F1Q16 results and provided F2Q16 guidance well ahead of consensus estimates. The better guide reflects several new product releases across multiple customers... More
Ambarella (AMBA) Fetches Street-High Price Target at Pacific Crest as Drone Market Set to Takeoff
June 3, 2015 7:04 AM EDTPacific Crest maintained an Outperform rating on Ambarella (NASDAQ: AMBA) and raised its price target a to Street high of $123.00 (from $96.00). The change follows strong Q1 results reported after the close yesterday. Analyst Brad Erickson thinks drones are quickly becoming a "massive market."
"Ambarella beat expectations on... More
Ambarella (AMBA) Tops Q1 EPS by 13c
June 2, 2015 4:08 PM EDTAmbarella (NASDAQ: AMBA) reported Q1 EPS of $0.71, $0.13 better than the analyst estimate of $0.58. Revenue for the quarter came in at $71 million versus the consensus estimate of $66.68 million.
"We enjoyed a strong first quarter with revenue up 73.5 percent from the same period... More
