Expert Ratings For Ambarella
Portfolio Pulse from Benzinga Insights
Ambarella (NASDAQ:AMBA) received mixed analyst ratings in the latest quarter with 10 analysts providing their perspectives. The average 12-month price target is $74.2, a slight decrease from the previous $74.83. Analysts from firms like Wells Fargo, Rosenblatt, Susquehanna, Morgan Stanley, Needham, and Stifel have updated their ratings and price targets, reflecting their views on the company's performance and market conditions. Ambarella, a developer of semiconductor processing solutions, faces challenges with a revenue decline of -39.11% over 3 months, a net margin of -82.44%, and below-average ROE and ROA. However, its debt-to-equity ratio is conservative at 0.01.
January 03, 2024 | 7:00 pm
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NEUTRAL IMPACT
Ambarella received mixed ratings from analysts, with an average 12-month price target of $74.2, down from $74.83. The company is facing significant revenue and profitability challenges.
The mixed analyst ratings and slight decrease in the average price target suggest uncertainty about Ambarella's future performance. The revenue decline and poor profitability metrics may concern investors, but the conservative debt ratio could mitigate some negative sentiment. The overall impact on the stock price is likely to be neutral in the short term as the market digests both positive and negative aspects of the company's financial health and analyst expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100