Expert Ratings for Ambarella
Portfolio Pulse from Benzinga Insights
In the last quarter, 12 analysts have provided ratings for Ambarella (NASDAQ:AMBA), with 6 being bullish, 3 somewhat bullish, 2 indifferent, and 1 somewhat bearish. The company has an average 12-month price target of $88.0, a decrease of 4.59% from the previous average price target of $92.23.
August 23, 2023 | 3:00 pm
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Ambarella's average 12-month price target has been lowered to $88.0, a decrease of 4.59% from the previous target. The majority of analysts are bullish or somewhat bullish on the stock.
The decrease in the average price target could indicate a potential slowdown in the company's growth, which may affect investor sentiment. However, the majority of analysts remain bullish, which could balance out any potential negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100