Where Ambarella Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 14 analysts have published their opinion on Ambarella (NASDAQ:AMBA) stock. The average price target is $78.29, implying an upside from the current price of $51.55. However, this average has decreased by 11.29% from the previous average price target of $88.25.
October 19, 2023 | 8:00 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a bullish outlook on Ambarella (NASDAQ:AMBA) with an average price target of $78.29, implying an upside from the current price of $51.55.
The bullish outlook from analysts suggests that they believe the stock price will increase in the future. This could lead to increased investor confidence and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100