Oppenheimer Reiterated Perform on Ambarella (AMBA) Following 2Q

FBN Boosts PT on Ambarella (AMBA) to $80; Sees Strong Sports Cam Sales in Q3

September 2, 2016 2:12 PM EDT

FBN lifted its price target on Outperform-rated Ambarella (Nasdaq: AMBA) from $60 to $80 following Q2 results reported on Thursday night.

Analyst Shebly Seyrafi commented on Friday: The company reported FQ2 results above expectations with NG EPS significantly above expectations due to better... More

Pre-Open Stock Movers 09/02: (ACW) (PES) (MGT) Higher; (PAY) (LULU) (PQ) Lower (more...)

September 2, 2016 9:29 AM EDT

Today's Pre-Open Stock Movers

Accuride Corporation (NYSE: ACW) 54.2% HIGHER; announced that it has entered into a definitive agreement to be acquired by funds managed by Crestview Partners, a leading New York based private equity firm, for $2.58 per share in cash. The purchase price represents a premium of 55% over Accurides closing share price on September 1st, 2016, and a premium of 66% over the 30-day volume weighted average price as of the same date.

VeriFone Systems (NYSE: PAY)... More

Needham & Company Still Sees Risk for Ambarella (AMBA) on Holiday Sell-Though; Affirms at 'Hold'

September 2, 2016 6:51 AM EDT

Needham & Company affirms Ambarella (Nasdaq: AMBA) with a Hold rating following Q2 results and outlook issued Thursday night.

The firm commented today, Ambarella reported F2Q17 results that exceeded expectations, with continued strength in drones and home security cameras offsetting expected weakness in wearable... More

Ambarella (AMBA) options expected to be active after guidance

September 2, 2016 5:59 AM EDT

Ambarella (NASDAQ: AMBA) is recently down $2.76 to $69.20 in the premarket on less than expected 2017 guidance. September weekly call option implied volatility is at 174, September is at 62, October is at 50; compared to its 52-week range of 41 to 91.

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After-Hours Stock Movers 09/01: (MGT) Higher; (PAY) (LULU) (PQ) Lower (more...)

September 1, 2016 6:01 PM EDT

Today's After-Hours Movers

VeriFone Systems (NYSE: PAY) 14.3% LOWER; reported Q3 EPS of $0.42, $0.02 better than the analyst estimate of $0.40. Revenue for the quarter came in at $493 million versus the consensus estimate of $515.54 million. GUIDANCE: VeriFone Systems sees Q4 2016 EPS of $0.28-$0.29, versus the consensus of $0.48. VeriFone Systems sees Q4 2016 revenue of $460 million, versus the consensus of $536.3 million. VeriFone Systems sees FY2016 EPS of $1.64-$1.65, versus the consensus of $1.85. VeriFone Systems sees FY2016 revenue of $2 billion, versus the consensus of $2.1... More

Ambarella (AMBA) Tops Q2 EPS by 16c; Issues Q3 Outlook

September 1, 2016 4:21 PM EDT

Ambarella (NASDAQ: AMBA) reported Q2 EPS of $0.54, $0.16 better than the analyst estimate of $0.38. Revenue for the quarter came in at $65.1 million versus the consensus estimate of $64.28 million.

GUIDANCE:

Ambarella sees Q3 2017 revenue of $95-99 million, versus the consensus of $95.6... More

Ambarella (AMBA) September weekly volatility elevated at 174 into Q2

September 1, 2016 2:44 PM EDT

Ambarella (NASDAQ: AMBA) September weekly call option implied volatility is at 174, September is at 62, October is at 50; compared to its 52-week range of 41 to 91 into the expected release of Q2 results today after the market close.

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Trading Radar for 9/1: lululemon (LULU), Joy Global (JOY), Campbell Soup (CPB), Ciena (CIEN), Ambarella (AMBA) Report

August 31, 2016 2:18 PM EDT

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

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 265kContinuing Claims - no Street consensusProductivity: Rev. - Street sees (0.6%)Unit Labor... More

Ambarella (AMBA) September volatility elevated into Q2 and outlook

August 31, 2016 8:47 AM EDT

Ambarella (NASDAQ: AMBA) September weekly call option implied volatility is at 103, September is at 55, October is at 45; compared to its 52-week range of 42 to 91 into the expected release of Q2 results on September 1.

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