Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Ambarella Inc has a consensus price target of $83.41 based on the ratings of 19 analysts. The high is $136 issued by Jefferies on May 27, 2022. The low is $50 issued by B of A Securities on April 16, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, Rosenblatt, and Wells Fargo on August 23, 2024, June 11, 2024, and May 31, 2024, respectively. With an average price target of $75 between Rosenblatt, Rosenblatt, and Wells Fargo, there's an implied 50.24% upside for Ambarella Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ambarella (NASDAQ:AMBA) was reported by Rosenblatt on August 23, 2024. The analyst firm set a price target for $85.00 expecting AMBA to rise to within 12 months (a possible 70.27% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Ambarella (NASDAQ:AMBA) was provided by Rosenblatt, and Ambarella maintained their buy rating.
The last upgrade for Ambarella Inc happened on April 6, 2023 when Imperial Capital raised their price target to $95. Imperial Capital previously had an in-line for Ambarella Inc.
The last downgrade for Ambarella Inc happened on January 3, 2024 when Wells Fargo changed their price target from $85 to $65 for Ambarella Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ambarella, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ambarella was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest Ambarella (AMBA) rating was a maintained with a price target of $85.00 to $85.00. The current price Ambarella (AMBA) is trading at is $49.92, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.