Ambarella (AMBA) PT Lowered to $160 at KeyBanc
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Ambarella (AMBA) Stock Crumbles 20% on Light Forecast, Analyst Sees a Buying Opportunity
March 1, 2022 8:12 AM ESTShares of Ambarella (NASDAQ: AMBA) are down more than 15% in premarket trading Tuesday after the semiconductor company reported Q4 financial results.
Ambarella posted Q4 adjusted EPS of 45c, up from 14c in the year-ago quarter and above the consensus estimates of 42c. Revenue stood at $90.2 million in the period, up 45% YOY and matching the analyst expectations of $90.2 million.... More
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