Analyst Ratings for Ambarella
Portfolio Pulse from Benzinga Insights
Ambarella (NASDAQ:AMBA) has received a mix of bullish and indifferent analyst ratings in the last quarter, with no bearish ratings. The average 12-month price target among 15 analysts is $74.6, with a high of $90.00 and a low of $60.00. This target is a 14.56% decrease from the previous target of $87.31. Analysts rate stocks based on future earnings potential and the predictability of a company's revenue streams.
November 27, 2023 | 4:00 pm
News sentiment analysis
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Ambarella has a mix of bullish and indifferent analyst ratings with an average 12-month price target of $74.6, reflecting a decrease from the previous target.
The average price target for Ambarella has decreased, which may indicate a more cautious outlook from analysts. However, the absence of bearish ratings and the presence of bullish ratings could balance the sentiment. The impact on the stock price is likely to be neutral in the short term as the market digests mixed signals from analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100