Form 8-K AMBARELLA INC For: May 30

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Go back to Form 8-K AMBARELLA INC For: May 30

Ambarella (AMBA) PT Raised to $60 at CFRA

May 31, 2024 8:24 AM EDT

CFRA analyst Angelo Zino raised the price target on Ambarella (NASDAQ: AMBA) to $60.00 (from $50.00) while maintaining a Hold rating.

The analyst comments "We boost our 12-month target price to $60 from $50, utilizing an EV/sales of about 7x our FY 26 (Jan.)... More

Ambarella (AMBA) PT Lowered to $60 at Roth/MKM

May 31, 2024 4:47 AM EDT

Roth/MKM analyst Suji Desilva lowered the price target on Ambarella (NASDAQ: AMBA) to $60.00 (from $65.00) while maintaining a Neutral rating.

The analyst comments "AMBA reported revenue and guided sequential growth both ahead of consensus, reflecting a combination of cyclical recovery and edge... More