Roth Capital on Ambarella (AMBA): 'We believe that it is likely the company will see additional auto OEM/Tier-1 announcements'

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Go back to Roth Capital on Ambarella (AMBA): 'We believe that it is likely the company will see additional auto OEM/Tier-1 announcements'

Deutsche Bank on Ambarella (AMBA): 'This is an encouraging sign for AMBA's ability secure LT design wins with Tier 1 suppliers going forward'

November 18, 2022 10:51 AM EST

Deutsche Bank analyst Ross Seymore reiterated a Hold rating and $62.00 price target on Ambarella (NASDAQ: AMBA).

The analyst comments "We're encouraged by Continental AG's press release, as it represents one of AMBA's first publicly announced CV3-related partnerships with a major Tier 1. Additionally, we... More

Ambarella's (AMBA) CV3 win a 'big endorsement' - Wells Fargo

November 18, 2022 10:32 AM EST

Wells Fargo analyst Gary Mobley said in a note to investors that Ambarella's (NASDAQ: AMBA) first CV3 win is a "biggie."

Ambarella shares jumped over 13% Friday following the news.

Early this morning, Continental announced it will offer Advanced Driver Assistance Systems (ADAS) solutions based on the CV3 artificial... More

Wells Fargo on Ambarella (AMBA): 'AMBA: Announces 1st CV3 Win, and It's a Biggie', 'this is a significant endorsement for Ambarella for two reasons'

November 18, 2022 9:36 AM EST

(Updated - November 18, 2022 9:42 AM EST)

Wells Fargo analyst Gary Mobley reiterated an Overweight rating and $105.00 price target on Ambarella (NASDAQ: AMBA).

"AMBA: Announces 1st CV3 Win, and It's a Biggie"

The analyst comments "The What. Early this morning, Continental announced it will offer Advanced Driver Assistance Systems (ADAS) solutions based cm the CVS* artificial intelligence (Al) system-on-chip... More