Ambarella (AMBA) Tops Q4 EPS by 3c

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Ambarella (AMBA) PT Lowered to $160 at Jefferies

March 1, 2022 7:50 AM EST

Jefferies analyst David Kelley lowered the price target on Ambarella (NASDAQ: AMBA) to $160.00 (from $170.00) while maintaining a Buy rating.

The analyst commented, "Q adj. EPS of $0.45 beat our est. of $0.44 & consensus of $0.42, while 1Q guide implies in-line sales, but lower earnings.... More

Ambarella (AMBA) PT Lowered to $200 at Rosenblatt

March 1, 2022 7:20 AM EST

Rosenblatt analyst Kevin Cassidy lowered the price target on Ambarella (NASDAQ: AMBA) to $200.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "Ambarella delivered an in-line quarter and a very slight miss to the April quarter estimates. Multiple supply chain issues that are... More

Ambarella (AMBA) PT Lowered to $190 at Stifel

March 1, 2022 6:22 AM EST

Stifel analyst Tore Svanberg lowered the price target on Ambarella (NASDAQ: AMBA) to $190.00 (from $230.00) while maintaining a Buy rating following results. The analyst cited:

Line Jan Q Revs, w/ +$0.04 non-GAAP (NG) EPS beat on higher NG GMs.... More

Ambarella (AMBA) Stock Plunges 18% on Disappointing Guidance

February 28, 2022 4:50 PM EST

Ambarella (NASDAQ: AMBA) shares dropped more than 18% after-hours following the companys disappointing guidance. The companys Q4 results came better than expected, with EPS of $0.45 beating the Street estimate of $0.42. Revenue grew 45% year-over-year to $90.2 million, slightly above the Street estimate of $90.16... More