Ambarella (AMBA) Tops Q2 EPS by 6c; offers guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Ambarella (AMBA) Tops Q2 EPS by 6c; offers guidance
August 28, 2024 7:27 AM EDT
Oppenheimer analyst Martin Yang reiterated a Perform rating on Ambarella (NASDAQ: AMBA).
The analyst comments "Ambarella's F2Q25 results topped guidance and mark the third consecutive quarter of sequential revenue growth in its recovery. Management also expects F3Q25 to grow... More
August 28, 2024 6:20 AM EDT
Roth/MKM analyst Suji Desilva reiterated a Neutral rating and $60.00 price target on Ambarella (NASDAQ: AMBA).
The analyst comments "AMBA guided to sequential revenue growth ahead of consensus, reflecting normalized inventory levels that allow for a cyclical recovery in step with seasonal... More
August 28, 2024 5:29 AM EDT
Deutsche Bank analyst Ross Seymore reiterated a Hold rating and $65.00 price target on Ambarella (NASDAQ: AMBA).
The analyst comments "AMBA delivered stronger-than-expected F2Q results, along with a F3Q guide that exceeded DBe/Street expectations (3Q revs +24% q/q vs. DBe/Street +11% q/q) as cyclical pressures abate and co-specific product cycles finally begin to kick in. While cycle... More
August 28, 2024 5:01 AM EDT
Stifel analyst Tore Svanberg raised the price target on Ambarella (NASDAQ: AMBA) to $80.00 (from $75.00) while maintaining a Buy rating.
The analyst comments "Confidence in Growth Visibility: Overall, we were impressed with the companys 2nd consecutive guidance raise, as most of AMBAs customers have... More
