Ambarella (AMBA) Stock Plunges 18% on Disappointing Guidance
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Ambarella (AMBA) PT Lowered to $160 at Jefferies
March 1, 2022 7:50 AM ESTJefferies 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 ESTRosenblatt 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 ESTStifel 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.... MoreAmbarella (AMBA) Tops Q4 EPS by 3c
February 28, 2022 4:09 PM ESTAmbarella (NASDAQ: AMBA) reported Q4 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $90.2 million versus the consensus estimate of $90.16 million.
GUIDANCE:
Ambarella sees Q1 2023 revenue of $88.5-91.5 million, versus the consensus of $90.88... More
