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

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

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) 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

Ambarella (AMBA) Tops Q2 EPS by 10c

August 31, 2021 4:05 PM EDT

Ambarella (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