Ambarella (AMBA) PT Lowered to $160 at Jefferies

Ambarella (AMBA) Stock Crumbles 20% on Light Forecast, Analyst Sees a Buying Opportunity

March 1, 2022 8:12 AM EST

Shares 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 $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 $175 at Needham & Company

March 1, 2022 7:09 AM EST

Needham & Company analyst N. Quinn Bolton lowered the price target on Ambarella (NASDAQ: AMBA) to $175.00 (from $225.00) while maintaining a Buy rating.... More

Ambarella (AMBA) PT Lowered to $164 at Morgan Stanley on Supply Driven Miss

March 1, 2022 6:55 AM EST

Morgan Stanley analyst Joseph Moore lowered the price target on Ambarella (NASDAQ: AMBA) to $164.00 (from $229.00) after Samsung lowered Ambarella's allocation of 14nm wafers from the Austin fab.

The analyst reiterated an Overweight rating, stating "The quarter was disappointing, with in-line #s... More

Ambarella (AMBA) PT Lowered to $140 at Deutsche Bank

March 1, 2022 6:46 AM EST

Deutsche Bank analyst Ross Seymore lowered the price target on Ambarella (NASDAQ: AMBA) to $140.00 (from $175.00) while maintaining a Hold rating.... More

Ambarella (AMBA) PT Lowered to $160 at KeyBanc

March 1, 2022 6:41 AM EST

KeyBanc analyst John Vinh lowered the price target on Ambarella (NASDAQ: AMBA) to $160.00 (from $230.00) while maintaining a Overweight rating.... More

Ambarella (AMBA) PT Lowered to $175 at Wells Fargo

March 1, 2022 6:30 AM EST

Wells Fargo analyst Gary Mobley lowered the price target on Ambarella (NASDAQ: AMBA) to $175.00 (from $205.00) while maintaining a Overweight rating.... 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) PT Lowered to $130 at BofA Securities

March 1, 2022 5:52 AM EST

BofA Securities analyst Vivek Arya lowered the price target on Ambarella (NASDAQ: AMBA) to $130.00 (from $140.00) while maintaining a Underperform rating.... 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

Ambarella (AMBA) Tops Q4 EPS by 3c

February 28, 2022 4:09 PM EST

Ambarella (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

Ambarella (AMBA) Earnings Preview - Morgan Stanley

February 28, 2022 8:14 AM EST

Morgan Stanley analyst Joseph Moore reiterated an Overweight rating on Ambarella (NASDAQ: AMBA) ahead of earnings after the close on Monday, 2/28.

The analyst stated "The most significant constraint is supply - not AMBA supply, which has recovered nicely from the Samsung fab... More