Zacks Rating on Ambarella (AMBA)

Ambarella (AMBA) : 10 analysts are covering Ambarella (AMBA) and their average rating on the stock is 1.85, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Ambarella (AMBA) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Ambarella (AMBA) : The most positive equity analysts on Ambarella (AMBA) expects the shares to touch $86, whereas, the least positive believes that the stock will trade at $43 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $56 with an expected fluctuation of $14.35 from the mean.


Shares of Ambarella, Inc. rose by 3.05% in the last five trading days and 18.24% for the last 4 weeks. Ambarella, Inc. is up 66.49% in the last 3-month period. Year-to-Date the stock performance stands at 21.74%. Ambarella (NASDAQ:AMBA): stock turned positive on Tuesday. Though the stock opened at $66.9, the bulls momentum made the stock top out at $68.66 level for the day. The stock recorded a low of $66.7 and closed the trading day at $67.86, in the green by 3.07%. The total traded volume for the day was 1,224,027. The stock had closed at $65.84 in the previous days trading.

Ambarella, Inc. is a developer of semiconductor processing solutions for video that enable high-definition (HD), video capture, sharing and display. The Companys system-on-a-chip (SoC) designs HD video processing, image processing, audio processing and system functions onto a single chip, delivering video and image. In the camera market, its platform enables the creation of high-quality video content in wearable sports cameras, automotive aftermarket cameras, professional and consumer Internet Protocol (IP), security cameras, telepresence cameras and unmanned aerial vehicles (UAVs). In the infrastructure market, the Companys solutions manage IP video traffic, broadcast encoding and transcoding and IP video delivery applications. The Company sells its solutions to original design manufacturers (ODMs), and original equipment manufacturers (OEMs).

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