Ambarella (AMBA) Tops Q2 EPS by 10c

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Ambarella (AMBA) PT Raised to $145 at Stifel

September 1, 2021 7:10 AM EDT

Stifel analyst Tore Svanberg raised the price target on Ambarella (NASDAQ: AMBA) to $145.00 (from $140.00) while maintaining a Buy rating. The analyst highlights:

Another solid Jul Q beat (+5.1% revs): Auto momentum (+10% q/q) and Security recovery (+20%+ q/q), both driven by accelerating CV adoption;... More

Ambarella (AMBA) Surges Following Q2 Results/Guidance, Revenue Grew 58% on Strong Chip Demand

August 31, 2021 4:58 PM EDT

Ambarella (NASDAQ: AMBA) shares surged more than 7% after-hours Tuesday following the companys Q2/22 report, with both revenue and EPS beating the consensus estimates and higher guidance for the third quarter.

The chip company posted quarterly non-GAAP EPS of $0.35 (vs. consensus of $0.25) and revenue of $79.3 million... More

Ambarella (AMBA) Guides Q3 Revenues Above Views

August 31, 2021 4:11 PM EDT

Ambarella (NASDAQ: AMBA) sees third-quarter revenue of $88.0 million and $92.0 million, versus the consensus of $78.7 million.

... More