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Ambarella Inc has a consensus price target of $85.06 based on the ratings of 20 analysts. The high is $136 issued by Jefferies on May 27, 2022. The low is $55 issued by Wells Fargo on May 31, 2024. The 3 most-recent analyst ratings were released by Susquehanna, Roth MKM, and B of A Securities on October 21, 2024, August 28, 2024, and August 28, 2024, respectively. With an average price target of $62.33 between Susquehanna, Roth MKM, and B of A Securities, there's an implied 9.74% 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 Susquehanna on October 21, 2024. The analyst firm set a price target for $70.00 expecting AMBA to rise to within 12 months (a possible 23.24% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for Ambarella (NASDAQ:AMBA) was provided by Susquehanna, and Ambarella maintained their positive 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 October 21, 2024 so you should expect the next rating to be made available sometime around October 21, 2025.
While ratings are subjective and will change, the latest Ambarella (AMBA) rating was a maintained with a price target of $80.00 to $70.00. The current price Ambarella (AMBA) is trading at is $56.80, which is out of the analyst’s predicted range.
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