Ambarella (AMBA) Guides Q3 Revenues Above Views
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Ambarella (AMBA) PT Raised to $145 at Stifel
September 1, 2021 7:10 AM EDTStifel 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;... MoreAmbarella (AMBA) Surges Following Q2 Results/Guidance, Revenue Grew 58% on Strong Chip Demand
August 31, 2021 4:58 PM EDTAmbarella (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) Tops Q2 EPS by 10c
August 31, 2021 4:05 PM EDTAmbarella (NASDAQ: AMBA) reported Q2 EPS of $0.35, $0.10 better than the analyst estimate of $0.25. Revenue for the quarter came in at $79.3 million versus the consensus estimate of $75.68 million.
Our rapidly expanding AIoT foundation has positioned us to achieve record revenue in F2022, driven... More
